What a great list!:
- Extreme Benchmarking. Compare everything you do against your rivals
- Bad News Folders. Keep a constant eye out for trouble
- Strategic Strategy Reviews. Turn going-through-the-motions meetings into no-holds-barred debates
- A New Office Pool. Use prediction markets to tap hidden knowledge
- The Tech Box. Create a lending library of ideas
- Outside-In R&D. Bring in experts to help spark new ideas
- Office Graffiti. Let workers speak their minds (brainstorm)
- Surgical Visits. Seek brutally honest feedback from customers
- The Contra Team. Appoint official devil's advocates to challenge the merits of deals
- Equity as You Go. Take no stake until you earn it
- The Chief Shareholder Officer. Head off shareholder trouble before it starts
- Always-On Board Members. Get the directors out of the boardroom
- The Corporate Beehive. Use office design to keep the queen in touch with the worker bees.
- The Job Audition. Turn the interview process into an all-encompassing tryout
- Peer-to-Peer Promotion. Let employees choose their leaders
- The Shrink Shrinker. Reward workers for keeping their hands off the merchandise
- The Anti-Star System. Determine pay using just two factors: Profits and seniority
- The Pyramid Scheme. Use kickbacks--the legal kind--to attract executive talent
- The Long Goodbye. Keep retirees in the labor pool
- The Three-Minute Huddle. Start each day with a lightning-fast, all-hands briefing
- Gainsharing. Pass cost savings on to those who achieved them
- Open-Source Ad Campaigns. Let your customers do the marketing
- Late-Night Recon. Turn employees into trendspotters
- The "Just Looking" Badge. Neutralize your customers' worst fears
- Phone Shopping. Become your own customer
BOTTOMLINE: Perhaps you've not heard of some of these practices -- but you may want to start implementing some - today.
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