Author Archives: Drew Boyd

The Stereotypy Trap

Struggling retailer JC Penny hired former Apple executive Ron Johnson as the CEO to save the company. Seventeen months later, he was ousted in what many consider a colossal failure. Why? Continue reading

Posted in Customers, Innovation, Leadership & Infrastructure, Processes & Tools, Research, Sales, Strategy | Leave a comment
New Ideas Light Up the Brain

Canadian researchers found that areas in the reward center of the brain become active when people hear a song for the first time. If the brain lights up to new songs, is it possible that it also lights up to new ideas? Continue reading

Posted in Innovation, Psychology, Research, Science, Technology | Leave a comment
Innovation Sighting - The Attribute Dependency Technique in Pricing

The airline, Samoa Air, sparked outrage with a new pricing policy of charging passengers based on how much they weigh. Chris Langton, the airline’s CEO explained its controversial decision.. Continue reading

Posted in Competitions, Customers, Industry, Innovation, Leadership & Infrastructure, Strategy | 1 Comment
Don

How we judge a creative idea is affected by how we perceive its inventor. Without realizing it, we may overvalue or undervalue a new concept and make poor choices in the product development process as a result.
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Posted in Creativity, Innovation, Research, Science, Strategy | 1 Comment
Marketing Innovation: Avocados & the Unification Tool

The Unification Tool is a tricky but effective advertising tool. Unification recruits an existing resource and forces it to carry the advertising message. That resource can come from within the medium itself or within the environment of the medium. Continue reading

Posted in Competitions, Creativity, Customers, Innovation, Sales, marketing | 1 Comment
Marketing

Where does your marketing department fit when it comes to innovation? In their article, “Improving Marketing’s Contribution to New Product Development,” these author’s offer a dismal view: Continue reading

Posted in Culture & Values, Innovation, marketing | Leave a comment
Start at the End

Dave Lavinsky is a serial entrepreneur who built his own company from the ground up. His book, Start at the End, was a #1 Bestseller on Amazon just one week after it was released. The goal of the book is to learn how to work fewer hours and be efficient when working at a new job or starting a business. For innovation practitioners, here are his top 12 tips: Continue reading

Posted in Culture & Values, Entrepreneurship, Innovation, Strategy | 1 Comment