Advice and Insights From A Practitioner

Doubling Down on Differentiation

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July 31, 2012 • Accountability, Best Practices, Bill Tyson Consulting, Business Strategy, Differentiation, Differentiation Strategies, Distribution channels, Doubling Down, Doubling Down on Differentiation, Innovations, Strategic Plan, Strategy, SWOT

 Recently, the expression “doubling down” has become part of the tech world’s nomenclature. “I think you’ll be pleased where we’re taking Siri. We’re doubling down on it.” – Tim Cook, Apple CEO, speaking at the D10 conference in May 2012. He also remarked that they are going to “doubling down on secrecy” too, indicating that… Read More ›

3x3 Growth Vector Framework »

Innovation and Growth: Where do we go from here?

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“So, the point here is that the innovation and growth of a company, line of business or strategic business unit doesn’t happen casually or by chance…it must be organized, follow a few simple guidelines and be part and partial of any company’s offensive strategy.”

Accountability »

Underwriting an InsurTech Venture

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Provides 14 ways to evaluate an InsurTech Start-up, developed by the author, Bill Tyson, over the past 5 years underwriting InsurTech venture opportunities.

Association Group Insurance »

Protected: A Recommended Format for A Strategic Marketing Plan

There is no excerpt because this is a protected post.

Balanced Scorecard Approach »

Strategic Planning ~ Needs and Requirements

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Once everyone on the strategic planning team agrees on what the definitions are (and the differences between) strategy, an objective, a goal and a tactic, then energy can be directed towards strategic plan development.  There is a fine line between success and failure in planning and like any business endeavor there are basic needs and… Read More ›

Best Practices »

Research Reports to Aid You in Your Strategy Efforts

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Mary Meeker’s 2019 Internet Trends Report | Code 2019 InsurTech at a crossroads: Launches stall, funds keep flowing, A blog post by Sam Friedman, insurance research leader, Deloitte Services LP The Top InsurTech Deals of 2018, Accenture, John Cusano, March 22, 2019 The rise of InsurTech, Accenture, January 2, 2019 The InsurTech Phenomenon and The… Read More ›

Bill Tyson Consulting »

Accountability: The X-Factor in Your Organization?

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In this context, “the X-Factor” means a hard-to-describe force, influence or quality that has a positive impact on an organization’s performance. I believe that when an organization possesses and promotes the concept of accountability appropriately, the effect can be the X-Factor for the organization, and thus, result in a key competitive advantage. Going From Accounting… Read More ›

Business »

So, What is Strategy Anyway? Here are a Few Different Perspectives

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Given the relevance and timeliness of Michael Porter’s advice on strategy during tumultuous times, I began my first blog post (which was originally entitled “Strategy in Action”) with that material because it really hit home for those of us working day-to-day in one of the most distressed industries – insurance. At this juncture, I think… Read More ›

Business Strategy »

Why Does Your Organization Need A Mission Statement?

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Well, first of all, a mission statement can be pretty effective at establishing guidelines for people to follow in an effort to achieve a certain loftier, longer term mission.  In fact, mission statements have been used throughout history and many have indeed withstood the pressures and tests of time. Think religion and the book of… Read More ›

Change leadership »

Need an Execution–based Culture? Start By Improving Your Organizational Effectiveness

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Conducting a thorough look inward at your company’s organizational effectiveness is a necessary step before you begin a full blown strategic development effort.

RAPID Decision Making »

Making Critical Decisions the R.A.P.I.D. Way

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I believe it is increasingly important, no matter what the size and complexity of your organization is, to have a defined decision-making process.  Having been a leader of extensive global and regional underwriting and marketing business units that require many fast and accurate decisions, my teams had no choice but to establish formal decision-making roles and responsibilities.  In retrospect,… Read More ›