5.15.80: THE ELITE 5% - DISCIPLINE #9 CODEVELOP NEW PPS - WILLIAM EASTMAN

​INTRODUCTION
Today we start the last of the 9 Disciplines; how we take failing companies and turn them into market dominators. It is not easy nor quick, but very possible. The factors that will determine success are potential growth in your markets, scalable infrastructure, and decisions by the executive owner. Notice my terminology, ultimately it will be the owners view of themselves and their role that will determine the final level of success.

PROFIT RADIO - "A Network of Entrepreneurs for Entrepreneurs"

Today we start the last of the 9 - CoDevelop PPS (Processes, Products, Services). Here is the lesson - if you are going to dominate a market over time, innovation is required. If you are going to innovate, then staying ahead of the competition can only be achieved by involving key stakeholders. You will have an end user helping to innovate with a guarantee sale. No more coming up with something new and then trying to figure out how to sell it.

OBJECTIVES
Part 1 of 3 Show series on CoDevelopment is your internal and external objectives: (1) Achieving/Remaining the Lowest-Cost Producer, and (2) Achieving/Remaining Sigma 3 or Higher Quality.

Owner/Executive Perspective

1. How do we find and partner with a customer for the innovation?
2. How do we achieve both LCP & Sigma 3 at the same time?

What You Need to Know

• EPISODE C6.002 SELECT MARKETS FOR REINVENTION PROJECTS
• EPISODE A5.009 SUGGEST CANDIDATES FOR D&R (DEVELOPMENT & RESEARCH) TO CREATE NEW PRODUCTS AND SERVICES AND/OR NEW PROCESSES
• EPISODE A.021 THE OPERATIONS ELEMENT
• EPISODE B.008 PROCESS MAPPING CHECK LIST
• EPISODE B4.009 SO WE ARE SIGMA (QUALITY) WHAT?
• EPISODE B5.006 IMPROVE PRODUCT AND SERVICE QUALITY BY 1 SIGMA

What You Need to Do​

1. EPISODE E6.006 MANAGE AGILE PROJECT OUTPUTS - PARTS 1-3

Next Week - Discipline #9 - Part 2: Become 'unimitateable'. If we are going to maintain market domination through innovation while the competition is copying our lasted - that is built being innovative and creating a competitive advantage that can not be copied.

1. Follow the 5.15.80 Series all season.​
2. Get your business growth news everyday from IBGR.Network
3. JOIN the IBGR Community
4. DOWNLOAD the IBGR Growth App
5. RESEARCH anything related to Starting, growing, or Exiting a business on the IBGR Network

We are your single, one stop source for business success, period, end of story.

Make sure you leave some thoughts in the comment section below. I am interested in continuing the conversation.