PureReinvention Podcast

Mike Bills and Monica Ware, president of Association Management Solutions, summarize what we’ve learned from this month’s episodes. We can all learn lessons from the disruption that has happened in Detroit in recent years.

QUOTE IT
“What happens when things go too long?” (4:29)

“The savvy businesses will look for the gaps and fill in.” (8:17)

“Through disruption the wise leader is able to navigate and forge next step opportunity.” (9:24)
DIG IN

(2:43) Disruption defined.
(5:03) Defense for major disruption.
(7:00) Balance with minor disruptions.
(8:28) The importance of the entrepreneurial thought process.

TIP OF THE WEEK:
Major disruption is often a product of years of neglect. Asking the tough questions early and often can avert disaster.

There are tremendous changes going on in Detroit and self-described "misfit" Regina Gaines, co-owner of the House of Pure Vin, shares with us her observations of what's happening in downtown Detroit.

QUOTE IT

“You can move mountains if you can find a crack.” (8:16)

“Our resurgence is something to really discuss because its home grown.” (10:27)

“The innovative mindset is a misfit.” (14:41)

DIG IN

(7:32) Economic, psychographic and demographic change.
(8:10) Defining the crack.
(9:09) Formula for business success.

TIP OF THE WEEK:

Be true to yourself and your passion. If something feels wrong where you are, take the time to find the place where you feel right.

This week's guest is Julie Owens, case manager for the Honorable Gerald Rosen. Through her position with Judge Rosen, Julie had a front seat in witnessing the bankruptcy proceedings. Join us as we hear Julie share some stories and her thoughts on this historic event.

QUOTE IT

“Failure was not an option.” (6:26)

“In finding a new solution . . . put in a new process.” (9:34)

“Don’t go for the obvious. Don’t be afraid to do something that’s not obvious.” (12:52)

DIG IN

(3:55) The role of a visionary leader to reach an unprecedented resolve.
(5:49) Lessons learned from the largest municipal bankruptcy.
(10:14) Grand bargaining defined.

TIP OF THE WEEK:

When major disruption happens, take the time to take a hard look at your assets. Connect to your customers and stakeholders to be sure you're listing the right assets and that they are properly valued.

We're tweaking the podcast format in 2017 to help organize our content to better align with the five fundamentals. The first quarter will be dedicated to the disrupt fundamental. January will be dedicated to how Detroit embodies disruption.

QUOTE IT

“[Key strategic leaders] Always stay a little unsettled in their responsibility in moving their organizations forward.” (3:32)

“How impressive it is when we have leaders who are putting unlike things together to create new opportunities.“ (5:20)

“Disruption isn’t what takes you to your knees” (7:56)

DIG IN

(3:42) Identify opportunities for reinvention.
(4:58) Leadership behaviors that drive a rainbow of opportunities.
(6:18) Disruption as an opportunity, not as a threat.

TIP OF THE WEEK:

Detroit is the reinvention learning laboratory. Pay close attention to what is and isn't working to help you in your reinvention strategy.