Disney’s Creativity Strategy

Do you struggle to produce original ideas or innovate in your small business?

Walt Disney is well known for the creativity he brought to storytelling and animation – “If you can dream it, you can do it.” But how did he and his studio capture such creativity?

In his book, “Strategies of Genius: volume one”, Robert Dilts examines the thinking strategies of four famous people including Walt Disney. This article reviews what has become known as ‘Disney’s Creativity Strategy’ and looks at how it can be applied to your small business.

Disney’s Creativity Strategy

Walt Disney had three chairs in his office that were never […]

The McKinsey 7S Framework

How effectively does your business operate? Are some areas of your business pulling in different directions? The ‘McKinsey 7S Framework’ can help you to create an effective business.

In the late 1970s Thomas Peters and Robert Waterman at the Consulting firm McKinsey & Company developed what became known as the ‘McKinsey 7S Framework’.  The model was created to:

  1. Diagnose how organizations operate.
  2. Advise people on what particular elements of their organization they should change.
  3. Advise how any changes made should be aligned with one another.

The McKinsey 7S Framework

The model divides an organisation into seven areas or ‘elements’. There is no hierarchy of the elements because they […]

10 Reasons Why Small Business Projects Fail

Learn from the mistakes of others and you can save yourself some pain. However, if you have already been involved in business projects then you’ve probably also seen some of these hazards.

1. Objectives not clearly defined at the start

If you don’t know where you’re going, how will you know when you’ve arrived? Objectives need to be SMART – specific, measurable attainable, realistic and time-bound.

2. Overly optimistic planning

It is well recognised that project planners regularly overestimate benefits while underestimating costs and time to completion.

3. Lack of regular project monitoring

Even the best project plan is worthless unless the actual project performance is monitored against […]