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About the Smartfast Blog
The pace of business keeps you on the run. You need to make (SMART) decisions and take action quickly (FAST). Business attorney Jean Sifleet created the SMART FAST® blog to help. Whether you’re a start up company or an established company, SMART FAST® provides information that can help you make more informed business decisions. This is information – not legal advice.
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Category Archives: Innovation
In her new book, Gail McMeekin has pulled together some really practical advice — – into 12 essential steps. The book is inspiring – with the stories and experience of thirty successful women — and the patterns reinforced with her thirty years … Continue reading
There is an old adage that you learn more from your mistakes than your successes. But “being wrong” is hard to face. The natural human tendency is to want to be “right” and to dig into positions based on “beliefs” … Continue reading
“Value drivers” distinguish successful companies from their competitors. While it’s easy to be distracted by all the demands competing for the business owner’s time and attention, successful companies focus on the key value drivers – which are frequently “intangibles” and … Continue reading
Even failed projects can result in successful products if people can see potential applications and learn from the experience. For example, Post-it notes resulted from a failed glue project at 3M. Kevlar (bulletproof fibers) resulted from a failed project at … Continue reading
I heard about “the law of two feet” at Innovation 2010, an UN-conference sponsored by Mass Technology Leadership Council. Basically, it means “If at any time you find yourself in any situation where you are neither learning nor contributing, use … Continue reading
New business models are emerging that challenge the old assumptions about how to operate a business for profitability. In the book “Firms of Endearment – How World Class Companies Profit from Passion and Purpose” (Wharton School Publishing), the authors, … Continue reading
I encourage everyone to think like an entrepreneur. Even if you have a great W-2 job, that job can disappear for many reasons unrelated to your performance. Finding work at one company or another still requires you to adapt to … Continue reading