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Starbucks’ Oily Brew: Lessons on Innovation Missing the Mark

January 20, 2025 By Nagesh Belludi Leave a Comment

Starbucks Olive Oil-infused Coffee: Lessons on Innovation Missing the Mark Last quarter, Starbucks pulled the plug on its olive oil-infused Oleato coffee line as part of a broader push to streamline the menu and impro1ve store operational efficiency.

Oleato was among Starbucks’ boldest and riskiest experiments in recent years. It was the brainchild of founder and then-CEO Howard Schultz, an assertive visionary. During a visit to the olive groves of Sicily, Schultz was inspired by the Mediterranean tradition of consuming a daily spoonful of olive oil. He envisioned merging this health practice with Starbucks’ coffee expertise, creating a unique fusion of wellness and indulgence.

Debuting in Italy in February 2023, Oleato expanded globally, offering lattes and cold brews infused with extra virgin olive oil, marketed as luxurious, innovative, and health-conscious. While some customers liked the smooth, velvety texture, many found the flavor odd or the concept hard to swallow. Scaling the product and educating consumers proved challenging, leaving many unsure of its benefits beyond novelty.

Oleato’s flop revealed the risks of niche innovation. Starbucks thrives on pushing boundaries, but not all bold ideas hit the mark. Smart innovation requires knowing when to nurture an idea and when to cut losses. Schultz’s vision of Oleato kept Starbucks daring, but disciplined decision-making is key to ensuring innovation remains a strength, not a liability.

The Oleato dud highlights the perils of leadership driven by unchecked conviction. Schultz’s love affair with Italian espresso bars during a visit to Milan sparked the creation of Starbucks. However, visionary leaders like Schultz often turn bold ideas into untouchable pet projects. Even a passing thought can rapidly evolve into a sweeping directive, leaving little room for dissent. In such environments, feedback is stifled, and ideas can quickly take on a life of their own.

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Filed Under: Leading Teams, Mental Models, Project Management, The Great Innovators Tagged With: Creativity, Critical Thinking, Decision-Making, Entrepreneurs, Innovation, Leadership, Leadership Lessons, Parables, Persuasion, Starbucks

The Best Investment of 2025

January 2, 2025 By Nagesh Belludi Leave a Comment

Invest in Yourself, It Pays the Best Not Nvidia. Not Berkshire Hathaway. Nor cryptocurrency.

Not your house. Nor a rental property near the beach.

It’s you.

Your best investment? You.

The future you.

It always was. It always will be.

The future you should outshine the current you.

Keep learning. Keep leveling up.

Become edified. Gain wisdom.

Believe in yourself.

Strengthen your self-awareness and the energy around you.

Broaden your perspective. Hold onto your beliefs, but don’t hesitate to explore other viewpoints.

Fortify your cognitive foundation.

Strive to be a better citizen.

Make wiser choices in your personal life.

Have the courage to stand by your convictions and challenge them too.

Expand your intellectual wellness.

Find peace. Be kind to yourself. Set healthy boundaries.

Open your mind. Refine it. Empower it to know, digest, restrain, govern, and use its wisdom effectively.

This journey is as noble as cultivating virtue.

So, make the smartest bet of all.

Bet on you.

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Filed Under: Career Development, Living the Good Life, Sharpening Your Skills Tagged With: Balance, Career Planning, Creativity, Getting Ahead, Pursuits, Targets, Thinking Tools

Restless Dissatisfaction = Purposeful Innovation

December 9, 2024 By Nagesh Belludi Leave a Comment

Restless Dissatisfaction = Purposeful Innovation Whenever someone uses that insidious phrase, “If it ain’t broke, don’t fix it,” I hear a message of complacency. By dint of whatever it is in fine working order, it must be fit for purpose!

With that kind of thinking, progress would come to a screeching halt. Apply this attitude to the horse and buggy, and you’d have killed off the gasoline-powered car before it even had a chance to hit the road.

Identifying such self-limited thinking can be a fruitful first step in creativity.

Idea for Impact: Never Stop Tweaking

The secret sauce for innovation is a healthy dose of being thoroughly annoyed with how things are now.

If there’s a way, there could indeed be a better way.

Every achievement should be a stepping-stone to a fresh challenge.

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  1. Overcoming Personal Constraints is a Key to Success
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  3. Constraints Inspire Creativity: How IKEA Started the “Flatpack Revolution”
  4. Creativity & Innovation: The Opportunities in Customer Pain Points
  5. Turning a Minus Into a Plus … Constraints are Catalysts for Innovation

Filed Under: Mental Models, Sharpening Your Skills, The Great Innovators Tagged With: Creativity, Critical Thinking, Innovation, Mental Models, Parables, Persuasion, Problem Solving, Thinking Tools

Unlocking Your Creative Potential: The Power of a Quiet Mind and Wandering Thoughts

November 11, 2024 By Nagesh Belludi Leave a Comment

Unlocking Your Creative Potential: The Power of a Quiet Mind and Wandering Thoughts

Some of the best ideas pop up when you’re not actively trying to solve a problem. A relaxed mind has the freedom to wander, making unexpected connections and sparking creativity. This delightful phenomenon, known as “incubation,” involves taking breaks or diving into unrelated activities, allowing your subconscious to tackle challenges with surprising effectiveness.

A calm mind is more receptive to creative thoughts. Research on “associative activation” shows that easing mental stress encourages innovative thinking. For instance, 19th-century chemist Friedrich August Kekulé famously envisioned the structure of the benzene molecule while dreaming of a snake biting its own tail—that was a major breakthrough in organic chemistry.

Quieting your mind offers significant benefits. If you’re feeling stuck, even simple tasks can ignite new ideas. Take Archimedes of Syracuse, who famously discovered the principle of buoyancy while taking a bath, realizing he could measure volume by the water displaced.

If you’re feeling frustrated, take a break—both physically and mentally. A little pause can do wonders, leading to unexpected insights and solutions. J. K. Rowling, for instance, came up with the idea for the Harry Potter series during a train ride from Manchester to London in 1990. As she allowed her thoughts to wander, her characters materialized in her mind, along with the outline of the entire story. That moment of inspiration set her on a path of several years of hard work, ultimately resulting in the beloved books we cherish today.

Idea for Impact: The next time you hit a wall, step back and give yourself a breather. Whether it’s a shower, some time with a pet, light chores, or a stroll in nature, embrace the stillness and let your thoughts drift. You might just uncover some valuable ideas!

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Filed Under: Mental Models, Sharpening Your Skills, The Great Innovators Tagged With: Creativity, Critical Thinking, Innovation, Luck, Parables, Problem Solving, Thinking Tools

How to … Get into a Creative Mindset

October 3, 2024 By Nagesh Belludi Leave a Comment

Rangaswamy Srinivasan: Pioneering Advances in Laser Surgery Techniques In 1981, Rangaswamy Srinivasan, a chemist at IBM Research, and his colleagues embarked on a mission to identify an organic substance suitable for testing an ultraviolet excimer laser—an innovative tool capable of etching intricate designs into polymers for computer chips.

On November 27, in a moment of inspiration, Srinivasan brought some leftover Thanksgiving turkey into his laboratory for laser experimentation. After a series of trials and adjustments, he successfully produced clean, precise incisions in the turkey’s cartilage without causing any thermal damage to the surrounding tissue.

This serendipitous discovery of ablative photodecomposition paved the way for LASIK eye surgery, a procedure that requires precise alterations to the cornea’s shape to correct various vision problems. This groundbreaking technique has since transformed the lives of millions, providing a painless solution for myopia, hyperopia, and astigmatism.

Idea for Impact: The more you plunge into exploration and nurture that curious spark, the more you turn curiosity into a regular habit. To up your odds of those delightful “aha!” moments, don’t shy away from a bit of uncertainty and experimentation every now and then. Embrace the art of intelligent floundering—give new ideas a whirl and toss around a few “what if” questions. Frame your thoughts with a touch of experimentation by musing, “What if I tried it this way?” or “Why wouldn’t that work better?” You never know; your next big breakthrough might just be lurking in the leftovers, waiting for you to discover it!

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Filed Under: Business Stories, Sharpening Your Skills, The Great Innovators Tagged With: Creativity, Entrepreneurs, Innovation, Parables, Problem Solving, Thought Process

How to … Declutter Your Organizational Ship

September 30, 2024 By Nagesh Belludi Leave a Comment

Ditch Tradition: Decluttering for a Brighter Future One phrase I’ve grown to detest in my professional life is, “We do it this way because we’ve always done it this way.” Some things just don’t make sense anymore. Many organizations find themselves burdened with outdated rules, processes, and traditions that are no longer relevant. It’s high time to shed these relics of the past and embrace a more agile and responsive approach.

  • Gain a Fresh Perspective. Sometimes, we’re too close to the forest to see the trees, and the truth remains hidden. To break free from the status quo, imagine yourself as an outsider and challenge the “we’ve always done it this way” mindset.
  • Involve Everyone. Liberating your organization from wasteful bureaucracy is a group effort. Each of us must simplify, cut through complexity, and shed unnecessary formalities. It’s how you sculpt a responsive and agile organization, one step at a time.
  • Ditch the Unnecessary. Examine your procedures, customs, and requirements. Are you holding on to outdated practices simply because they’ve always been there? It’s time to unravel these mysteries of tradition and revamp or remove habits that no longer serve us.
  • Supercharge Decision-Making. When decisions take forever or procedures become too convoluted to comprehend, it’s a sign of trouble. It’s time to band together, reinvigorate your approach, and simplify for a brighter future.

Idea for Impact: Shed Your Old Skin and Adapt

Don’t let tradition and outdated regulations hold back your future success. Break free from the chains of bureaucracy and embrace agility and flexibility.

A culture that discourages change stifles innovation and opportunity. To cultivate a culture that welcomes and supports change, lead by example and eliminate negative attitudes. It’s time to set sail towards a more adaptable and prosperous future.

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Filed Under: Leading Teams, MBA in a Nutshell, Mental Models, The Great Innovators Tagged With: Creativity, Critical Thinking, Decision-Making, Innovation, Leadership, Performance Management, Problem Solving, Winning on the Job

Curiosity Doesn’t Age, It Grows

September 25, 2024 By Nagesh Belludi Leave a Comment

Curiosity Doesn't Age, It Grows Age and creativity aren’t closely linked. Many assume that youthful energy drives innovation, but experienced folks bring a treasure trove of knowledge and fresh perspectives that can really spark creativity.

Keep pushing yourself, even if you’re not quite where you want to be, and embrace a little uncertainty. It helps you avoid burnout.

Staying creative and curious as you age means staying open-minded and engaged with the world. As we get older, it’s tempting to fall into a routine and let our interests shrink, but keeping a sense of wonder alive is what keeps those creative sparks flying.

Idea for Impact: Stay curious, keep evolving!

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Filed Under: Mental Models, Sharpening Your Skills Tagged With: Balance, Creativity, Discipline, Mental Models, Thinking Tools

Why Group Brainstorming Falls Short on Creativity and How to Improve It

July 18, 2024 By Nagesh Belludi Leave a Comment

Why Group Brainstorming Falls Short on Creativity and How to Improve It Seventy years ago, American advertising executive Alex Osborn impacted the field of management with his book Applied Imagination (1953.) This groundbreaking work introduced the concept of brainstorming, marking the beginning of a more collaborative and inclusive approach to leadership. At that time, the prevailing style of leadership was characterized by command-and-control, emphasizing silos and solitary decision-making. Executives relied on traditional chalkboard to-do lists to guide their actions.

Psychologists investigating the “illusion of group productivity” quickly discovered a significant flaw in brainstorming. Despite its intention to boost creativity and generate numerous ideas through collaboration, group brainstorming proved less effective than individual brainstorming, followed by the pooling of ideas.

Here’s an enhanced version of the group brainstorming practice that can foster better and more daring ideas. Begin by providing individuals or pairs with personal space for separate contemplation, allowing their thoughts to wander freely. Then, encourage them to share their ideas, including the unconventional and impractical ones, to ignite the group brainstorming session. This approach eliminates the awkwardness of everyone staring at each other in silence. Instead, it creates an environment conducive to fruitful discussions. It prevents anyone from monopolizing the conversation, attempting to prove others wrong, impressing superiors, or simply rambling for personal amusement. Furthermore, this approach effectively guards against premature judgment, which stifles creativity.

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Filed Under: Effective Communication, Leading Teams, Mental Models Tagged With: Creativity, Critical Thinking, Meetings, Presentations, Social Dynamics, Teams, Thinking Tools, Thought Process

Frontline Creativity: Small Ideas, Big Impact

July 15, 2024 By Nagesh Belludi Leave a Comment

Empowering Frontline Workers: Unleashing the Power of Small Creative Ideas Frontline workers are right in the thick of it all—they’re the ones with their finger on the pulse. They see firsthand what’s working smoothly and what’s not, acting like customer whisperers, understanding exactly what people want and where things are going wrong.

But often, they keep quiet about what they observe. Can you blame them? Their to-do lists are endless—they’re racing against deadlines, handling customer frustrations, navigating strict policies and guidelines, and juggling a mountain of requirements. They barely have a spare minute to address the root issues.

Speaking up feels like walking on eggshells. They fear causing a fuss or feeling like their voice won’t count.

Listen to Your Frontline Heroes; They Know What’s Up

As a leader, you can change the game by opening up lines of communication with your frontline team. Spend some time in the trenches. Dedicate an hour each week or an afternoon each month, depending on the chaos, and gather everyone for brainstorming sessions. What are the major issues you need to tackle in your operations? How can you collectively solve them, and how can you ensure those changes stick?

Foster an environment that celebrates quirky, out-of-the-box ideas. Provide people with the time and resources they need to tweak their work and bring their ideas to life. And involve everyone in the process. Remember, real change takes time—sometimes months. But it’s worth the wait. Most companies lack patience, but those that do usually thrive at the grassroots level.

Idea for Impact: Frontline Feedback Drives Real Change

Companies must rethink how they perceive frontline employees. Sure, processes and technology can handle a lot, and automating processes can save heaps of money. But frontline workers are the lifeblood of the company—they’re the ones who truly connect with customers. They represent your brand. Don’t underestimate their insights. Treat them as the problem-solvers and brand ambassadors they are, and give them a voice in the mix.

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Filed Under: Leadership, Leading Teams, MBA in a Nutshell Tagged With: Coaching, Creativity, Critical Thinking, Leadership, Motivation, Performance Management, Problem Solving

How to … Jazz Up Life This Summer

June 20, 2024 By Nagesh Belludi Leave a Comment

Summer's the Perfect Time to Break Free and Add Color to Life As the warm breeze of summer rolls in, it’s the perfect time to break free from monotony and infuse a splash of color and meaning in your life.

  • Seek Fresh Adventures. Introduce variety into your life by exploring different hobbies or activities. Try Origami, rose-breeding, Islamic architecture, or Latin dance classes for a change. Enjoy the excitement of acquiring new skills.
  • Stay Open to Surprises. Don’t drift through life, missing its wonders while chasing future goals. Recognize the beauty and enchantment around you. Break from routine, whether it’s a midnight snack or an unplanned day trip. Stay curious, engaged, and unafraid of setbacks.
  • Connect, Reconnect, Thrive. Enhance your life by rekindling old connections and forming new ones. Reach out to neglected friends and make that overdue call. Welcome opportunities to meet new people by attending social events and using social media. Each interaction offers the potential for fresh experiences and meaningful bonds.

Idea for Impact: Step out of your comfort zone, shake off the doldrums, and reignite your enthusiasm. Get out there and make it happen!

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Filed Under: Health and Well-being, Living the Good Life Tagged With: Balance, Creativity, Mindfulness, Personal Growth, Procrastination, Pursuits, Social Life, Work-Life

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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