Use Your Next Leadership Retreat to Manage the Future

Each year, thousands of organizational leaders head to the hills for an annual ritual: the strategic offsite leadership retreat. The purpose of such meetings, of course, is to get away from it all and strategize. To leave behind the quarterly pressures, and think big about the future. All too often, that’s not what transpires. Social events and the golf outing seem ...

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How much is in your organization’s Innovation Reinvestment Account (IRA)?

One of the best ways to reduce your tax burden and save for the future is to maximize contributions to your Individual Retirment Account (IRA) early and often, create the proper asset mix and periodically doing an asset allocation rebalance at the right time. Similarly, the future of most companies, organizations and universities depends on their ability to put innovation ...

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Why the Next Big Thing Never Turns Out Like You Think It Will

The first thing we think about when we first hear the news about a major breakthrough is the great possibilities it unlocks. The space age spawned fantasies about living like the Jetsons and riding around in flying cars. That still hasn’t happened and possibly never will. Yet we’ve still benefited great from space technologies. Satellites have truly changed the world. They ...

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Sleep Innovation: The New Rules

  The sleep category is growing rapidly. Sleep, or more pertinently, the lack thereof, is increasingly an issue for more and more people. Levels of anxiety, stress and insomnia are on the rise. Consumers are looking for solutions, and willing to spend money on them. 30% of the UK and US population report symptoms of insomnia (The GoodBody, Aviva). The ...

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We Actually Went Driverless 100 Years Ago

Most of us don’t have a clue that this isn’t the first time we’ve been afraid of going driverless. Part 2 in a series of columns about Autonomous Cars In the aftermath of Ubers’s recent fatal crash in Tempe, which involved a driverless car, there has been a great deal of speculation about the future of the driverless automobile. As ...

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Should you rely on intuition?

One of the games I play with my colleagues is : “Guess the relationship”. The rules of the game are simple. When we are in restaurants each of us makes a hypothesis about the relationship between people sitting at another table. We discuss our intuitive sense of their relationship. If everyone agrees to your hypothesis you have to get up ...

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Profit from Your Idea with a Patent

A patent can be taken out on almost any new implementable idea.  It is not just about protecting your idea.  Your patents are part of your Intellectual Property (IP) and can be valuable assets.  Often a start-up company will be bought for its IP rather than its products or sales revenues.  Here are some tips on patents. You do not ...

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Best Practices in Bioentrepreneurship Education

Entrepreneurship education programs are expanding rapidly and recent polls indicate that 20-25% of B school applicants are interested in starting their own business. Many applicants, including medical school and graduate school applicants already have, but feel they lack the business skills to start and scale their companies. Consequently, there are more Masters in Entrepreneurship programs sprouting up around the world. In addition, bioentrepreneurship ...

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