Don Springer, Chairman, The Colton Group Inc.; Independent Board Director and Advisor
- Don is the chairman of The Colton Group Incorporated.
- He is an independent board director and advisor focused on board governance, growth strategies, and business model innovation.
Podcast
Overview
In this episode of “The Brand Called You,” Don Springer, Chairman of The Colton Group Inc. and an esteemed independent board director and advisor shares his extensive experience in corporate governance, growth strategies, and business model innovation. They discuss common pitfalls in board governance, the importance of diversity, effective growth strategies during economic downturns, and the transformative role of technology, particularly AI, in modern business practices. Tune in to gain valuable insights from a seasoned leader in corporate America.
00:31- About Don Springer
- Don is the chairman of The Colton Group Incorporated.
- He is an independent board director and advisor focused on board governance, growth strategies, and business model innovation.
- He’s the director of Elm Analytics LLC, which is the leading provider of supply chain optimization through data and intelligence.
13:37- What in your view, are the critical components of a successful growth strategy?
- Understand where the company wants to compete, how to win, and ensure resources and capabilities support that strategy.
- Identify and build transparent relationships with key stakeholders, including buyers, suppliers, resellers, and strategic partners, while aligning mutual motivations and expectations.
- Develop an iterative approach to executing the growth strategy, continuously testing and refining based on market feedback and customer desires.
21:39- How can established companies adopt more Agile and innovative business models?
- Get everyone involved by cascading decision rights throughout the company to encourage intrapreneurship and innovation.
- Evaluate and potentially reconfigure the value chain, including decisions on product creation, sales, and partnerships to foster innovation.
- Leverage generative AI not just for efficiency but as a co-partner in creating innovative customer solutions and new products or services.
RESOURCES:
Learn more about Don Springer: LinkedIn
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Profile
- Don is the chairman of The Colton Group Incorporated.
- He is an independent board director and advisor focused on board governance, growth strategies, and business model innovation.
- He’s the director of Elm Analytics LLC, which is the leading provider of supply chain optimization through data and intelligence.
