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This tweet from Kansas City entrepreneurial maven and Chief Nomad at Hostel KC, Brittain Kovač, asked what creative thinking skills resources we had to avoid “mental bankruptcy.”

Mental-Bankruptcy

Mental bankruptcy?

Mental bankruptcy is when an entrepreneur expends so much mental energy on the business they run a deficit. This results in coming up lacking when they to produce the mental energy needed to keep everything going, whether “everything” relates to business or personal matters.

Mental bankruptcy is not a term we have specifically used relative to creative thinking skills. We have certainly covered the phenomenon, though. As with financial bankruptcy, the best way to avoid mental bankruptcy is to head it off before you need to do something about it.

Invest in Your Creative Thinking Skills Before You Need Them

In light of that advice, here are creative thinking skills and tips we would recommend entrepreneurs start addressing now!

1. What is your biggest purpose?

Figure out what really matters to you through developing a personal core purpose statement. I know an entrepreneur is likely to say what really matters is focused entirely on developing the business. Understood, but I would advise thinking bigger and more spiritually than simply getting your business going. If that is all that matters, you are setting yourself up to crash and burn in case that is what the business does.

2. Identify your inspiration inventory

Take 10 minutes and create an inspiration inventory that lists what does the best job of mentally recharging you. List all these people, places, and things ahead of time. Then invest the time to see, do, and enjoy them to keep yourself mentally sharp and replenish your mental energy assets on an ongoing basis.

3, Build a relationship with a strategic mentor

Developing a relationship with a strategic mentor can be life changing. A strategic mentor should both challenge you and boost you. The key for an entrepreneur is to identify a strategic mentor outside your direct business life. You want someone as a strategic mentor who will not be going through the same mental energy swings you are!

ebook-cover-redo4. Download “Taking the NO Out of InNOvation”

Mental bankruptcy can definitely be the NO standing in the way of an entrepreneur’s innovation plans. Take advantage of our FREE “Taking the No Out of InNOvation eBook. It is full of creative thinking skills and suggestions for breaking through a variety of mental energy deficits.

Download Your Free

5. Subscribe to the Brainzooming blog

If you have not already, subscribe to the Brainzooming blog. (You think we would miss the Brainzooming blog as a great mental energy booster?) Whether it is coming up with new ideas or figuring out innovative ways to get things done, we are all about getting your Brainzooming whether mental bankruptcy is on the horizon or already a part of your entrepreneurial life!

Creative Thinking Skills Build Your Mental Energy Assets

Whether you are an entrepreneur or work in a bigger company (yes, entrepreneurs, there ARE big company people who work hard enough to put themselves into mental bankruptcy), these recommendations are all solid investment for staying out of mental bankruptcy.  – Mike Brown

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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I’m presenting an updated version of our “Busting Creativity Barriers – An Inspiring Dose of Brainzooming” today, right in the heart of World Creativity and Innovation Week. If you’d like to bust your creative thinking barriers, here are twenty-two source links for the three major creative thinking skills themes in the presentation. Enjoy busting your creative barriers!

Creativity Thinking Skills for You and Your Team

On-the-Road---ET-and-Friend

Creative Structures and Creative Thinking Questions

Creative-Thinking-Question

Busting Creativity Barriers

One-Creative-Step

 

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Looking for Ways to Develop a Successful
Innovation Strategy to Grow Your Business?
Brainzooming Has an Answer!

Brainzooming Outside-In Innovation Strategic Thinking Tools eBookBusiness growth can depend on introducing new products and services that resonate more strongly with customers and deliver outstanding value.

Are you prepared to take better advantage of your brand’s customer and market insights to generate innovative product ideas? The right combination of outside perspectives and productive strategic thinking exercises enables your brand to ideate, prioritize, and propel innovative growth.

Download this free, concise ebook to:

  • Identify your organization’s innovation profile
  • Rapidly deploy effective strategic thinking exercises to spur innovation
  • Incorporate market-based perspectives into your innovation strategy in successful ways

Download this FREE ebook to turn ideas into actionable innovation strategies to drive your organization’s comeback!


Download Your Free  Outside-In Innovation Strategic Thinking eBook

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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I will admit to not being the most perceptive person in the world.

Even if I would not admit it, however, my wife would tell you that (assuming she reads the blog, which she does not).

In any event, over the course of my career – and I’m sure yours as well – it’s been imperative to get better at addressing the right strategic thinking questions to read other people’s interests, priorities, and behaviors. This is vital to making sure we can help someone else be more successful. Often, there is a clear tie between facilitating overall business success and whether you can assist an individual leader in becoming more personally successful.

What do you watch for to get a good read on someone else?

This question surfaced recently while trying to anticipate whether someone would engage and actually take action to move an initiative ahead. Up until that point, the person was talking a good game, but not delivering on the talk.

21 Strategic Thinking Questions for Reading Someone Else

read-other-person

This is not an exhaustive list of strategic thinking questions for reading someone else, but it is the list running through the back of my head based on this recent experience:

  1. What things intrigue this person?
  2. Where does he/she spend her time?
  3. Does the time investment match up with what money, words, and visible behaviors suggest are most important?
  4. What is the ratio over time between this person being successful and falling short?
  5. What events or patterns always happen when the person is successful?
  6. What events or patterns always happen when the person falls short?
  7. How does the person talk about others?
  8. What do other people around this person have to say about him/her?
  9. Is the person timely most of the time?
  10. Do they focus on the big picture, the details, or both?
  11. Do they get it right on the big picture, the details, or both?
  12. Does this person act in largely consistent patterns, and if so, what are they?
  13. Is this person predictable or not?
  14. If the person isn’t predictable, are they predictably unpredictable or not?
  15. How can you fit seemingly disconnected pieces about the person into a bigger story that suggests future behavior?
  16. What personal strengths does he/she gravitate toward?
  17. Which personal strengths does he/she avoid?
  18. What personal weaknesses doesn’t this person realize?
  19. How often does the person do what he/she says?
  20. How often does the person do things he/she doesn’t talk about in advance?
  21. Can this person think outside him/herself, or is it all about what’s good for him/her?

What does your arsenal of strategic thinking questions for reading others include? – Mike Brown

Mike-Brown-Gets-Brainzoomin

Learn all about what Mike Brown’s creativity, strategic impact, and innovation presentations can add to your business meeting!

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Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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In some ways, it’s easier to change a brand strategy than to implement the strategy you already have in place.

Why is that?

Because it is possible for one executive or a small leadership team group to decide to change the brand strategy, and it’s done. Implementing the strategy that’s already in place, however, depends on the entire organization and the positive reaction and participation of key audiences to be successful.

See what we mean?

Just because it’s easier to change your brand strategy than implement the current one does not mean it is a good idea. In fact, it could be a horrendous idea.

Change-Repaint

10 Bad Reasons to Change Strategy

And as we were thinking about situations were a brand strategy get changed without solid, strategic reasons, we came up with these 10 bad reasons to change strategy:

  1. There was solid work behind the current strategy, but there’s impatience with how long it’s taking to get results.
  2. An executive (or perhaps the whole organization) is bored with the current strategy because it’s been in place so long.
  3. An executive is new to the organization and immediately adopting a new brand strategy seems like a sign of meaningful change.
  4. Because there has been a sudden blip in performance that no one seems to be able to explain.
  5. There’s an ill-founded public outcry about the current strategy as it’s implemented or becomes more visible to key audiences.
  6. When a competitor implements a new strategy that doesn’t make sense for you organization based on your target audience, cost structure, etc.
  7. When a well-known company in another industry implements a highly publicized strategy with no strategic connection to your brand or industry.
  8. Because everyone on the executive team has read the latest business strategy book that’s getting a lot of buzz.
  9. When you’re business is highly dependent on the external environment (i.e., commodities-based businesses), and wild external swings are challenging but are likely short-lived.
  10. Because of one conversation with one customer, supplier, or analyst that thinks you should change strategy.

You heard it here. Don’t change your brand strategy for any of these reasons.

Agreed?

10 Lessons for Engaging Your Employees to Create Stronger Results

FREE Download: “Results!!! Creating Strategic Impact”

Results!!! Creating Strategic Impact Mini-Book

Senior executives are looking for employees who are strong collaborators and communicators while being creative and flexible. In short they need strategic thinkers who can develop strategy and turn it into results.

This new Brainzooming mini-book, “Results – Creating Strategic Impact” unveils ten proven lessons for senior executives to increase strategic collaboration, employee engagement, and grow revenues for their organizations.

Download this free, action-focused mini-book to:

  • Learn smart ways to separate strategic opportunities from the daily noise of business
  • Increase focus for your team with productive strategy questions everyone can use
  • Actively engage more employees in strategy AND implementation success

Download Your FREE   Results!!!  Creating Strategic Impact Mini-book

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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I learned in a Bible class that one meaning of the word “holy” is “to be set apart.” In the case of religion, obviously, whatever is considered holy is being set apart for God.

Extending this idea to business can help explain executives who act as if they are the only ones involved in developing strategy for their organizations.

Many executives commonly think, believe, and act as if strategic planning activities are “holy” since they are set apart as something in which only leaders can participate.

Everyone else gets told (ideally) or not (far too often) what the company strategy means for employees, customers, and other stakeholder groups. This communication about strategy may be so superficial it is nearly impossible for an employee to understand and connect to the business strategy to effectively it to life with customers.

Who Participates in Strategic Planning Activities?

At its heart, how the broader organization participates in strategic planning activities is a philosophical issue about what “owning” a company’s strategy means. This extends to who in an organization (or even outside an organization) provides input, hypothesizes about, develops,  shapes, articulates, and implements strategy.

From spending most of my career in the Fortune 500 world leading and participating in developing strategy, the approach The Brainzooming Group supports is that strategy SHOULD NOT be considered “holy.” We push for and support more people participating in developing strategy because it paves the way for dramatic marketplace success.

Results!!! Creating Strategic Impact Mini-Book

Our thinking about strategy permeates the content here.

Creating Strategic Impact and Results!!!

Additionally, The Brainzooming Group has published a new mini-book for senior executives called, “Results!!! Creating Strategic Impact throughout an Organization.”

In this mini-book, we share ten lessons for how senior executives should approach developing strategy as an open, collaborative process that meaningfully involves participants and insights from inside and outside their organizations.

These lessons from our work with clients across industries lead to discovering new ideas and changing how organizations serve customers more successfully. The lessons include how to efficiently incorporate a wide number of perspectives about delivering value and more seamlessly linking strategy and implementation throughout the organization.

Download your copy of “Results” today and get a big head start beating your competitors to new heights for strategic impact and dramatic results!


Download Your FREE   Results!!!  Creating Strategic Impact Mini-book

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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You want to innovate. You know it’s important to innovate. Your customers’ behaviors are screaming it is beyond time to develop an innovation strategy and do something about it.

A problem we hear about often, however, is you have few resources to develop an innovation strategy and get started innovating.

Insights, capital, time, expertise, strategic support, people, data, materials, and processes could all be missing resources. None are necessarily standalone resources. They are typically connected to one another, i.e., a lack of insights could be because of lack of data, no people to analyze or identify insights, or no processes to turn insights into tangible innovation.

16 Keys for Innovating with No Resources

If you have hit the “no resources to innovate” wall (once or multiple times), here are sixteen areas to explore for new ideas on innovating with no resources (or at least fewer than you think you might need).

Empty-Cupboard-Canva

These questions are built around the six infamous storytelling words (Who, What, Where, When, Why, How). Each is coupled with the important word, else, as a way to find alternatives and get around any walls that stand in the way of a successful innovation strategy with tight resources.

WHO ELSE . . .

  • Might participate in our innovation strategy?
  • Would know someone who wants to participate?
  • Is already addressing new product innovation in this area?

WHAT ELSE . . .

  • Would permit us to innovate with fewer resources?
  • Could be an input to leapfrog our innovation strategy?
  • Might spin off resources available for innovation?

WHERE ELSE . . .

  • Could we advance this idea with a different audience?
  • Might we tap additional people to help develop parts of this new product innovation idea?
  • Could we get a head start in learning what others already know about innovation in this area?

WHEN ELSE . . .

  • Might we get resources in place to support this innovation strategy?
  • Could we build support with new audiences we could reach?
  • Would we be better prepared to launch this new product innovation?

WHY ELSE . . .

  • Would others support this innovation strategy?
  • Could we persuade others in our organization to support funding this innovation?
  • Might customers want to get involved with this new product innovation sooner rather than later?

HOW ELSE . . .

  • Could we organize our innovation strategy to start innovating right away?

This is just a start. You can adapt and customize the list to your specific situation.

Rethinking Your Innovation Strategy

Whether you’re on your own or part of a small (or even larger) team dedicated to developing an innovation strategy in the apparent absence of resources, use these questions and get everybody to start adding possibilities.

Do it quietly (where each person adds answers to a list) or loud (where the group is hearing and contributing answers all together). Either way, in 15 minutes, 30 minutes at the most, you’ll have so many more options to get around whatever the resource limitations you think you have are.

Try this. It will work for expanding your range of strategic options so you can get started innovating. – Mike Brown

 

If you enjoyed this article, subscribe to the free Brainzooming blog email updates.

 

Looking for Ways to Develop a Successful
Innovation Strategy to Grow Your Business?
Brainzooming Has an Answer!

Brainzooming Outside-In Innovation Strategic Thinking Tools eBookBusiness growth can depend on introducing new products and services that resonate more strongly with customers and deliver outstanding value.

Are you prepared to take better advantage of your brand’s customer and market insights to generate innovative product ideas? The right combination of outside perspectives and productive strategic thinking exercises enables your brand to ideate, prioritize, and propel innovative growth.

Download this free, concise ebook to:

  • Identify your organization’s innovation profile
  • Rapidly deploy effective strategic thinking exercises to spur innovation
  • Incorporate market-based perspectives into your innovation strategy in successful ways

Download this FREE ebook to turn ideas into actionable innovation strategies to drive your organization’s comeback!


Download Your Free  Outside-In Innovation Strategic Thinking eBook

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

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This end of week creative inspiration is about pictures with very few words.

Beyond these creative inspirations, peruse this wonderful article by Gretchen Miller. She used a previous Brainzooming article as a point of departure to explore her creative motivations.

 

Feet Up, Creativity Down

2-Feet-Up

Creative Fuel in a 12 Ounce Can

3-Diet-DP

Caution x 4, Test x 3

1-Test-Test-Test

 

Might As Well Bounce!

4-Bounce-Off

 

Looking for Value-Added Innovations to Grow Your Business? Brainzooming Has an Answer!

Brainzooming Outside-In Innovation Strategic Thinking Tools eBookBusiness growth can depend on introducing new products and services that resonate more strongly with customers and deliver outstanding value.

Are you prepared to take better advantage of your brand’s customer and market insights to generate innovative product ideas? The right combination of outside perspectives and productive strategic thinking exercises enables your brand to ideate, prioritize, and propel innovative growth.

Download this free, concise ebook to:

  • Identify your organization’s innovation profile
  • Rapidly deploy effective strategic thinking exercises to spur innovation
  • Incorporate market-based perspectives into your innovation strategy in successful ways

Download this FREE ebook to turn ideas into actionable innovation strategies to drive your organization’s comeback!


Download Your Free  Outside-In Innovation Strategic Thinking eBook
 

Mike Brown

Founder of The Brainzooming Group, and an expert on strategy, creativity, and innovation. Mike is a frequent speaker on innovation, strategic thinking, and social media.

More Posts - Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle Plus

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