Author Archives: Paul Sloane

Lessons in Innovation and Longevity from Hollywood

The people running the big studios are hard headed business professionals who know how to manage a portfolio of risky new products. Continue reading

Posted in Case Study, Growth, Innovation, Leadership, marketing | Leave a comment
Volvo Saved My Life (ad)

In 1959 Nils Bohlin, an engineer at the Swedish Car Manufacturer Volvo, invented the first three point safety belt. It was much more effective than the standard lap belt (as still used on airplanes). Volvo, realising the importance of this invention, chose not to patent it but to share the idea with other vehicle manufacturers. They may have lost some revenues but their action undoubtedly saved many lives and it cemented Volvo’s reputation as a highly ethical company committed to safety. Continue reading

Posted in Culture & Values, Customers, Design, Policy, education, marketing | 1 Comment

Bill Gates is renowned for being an open-minded leader receptive to radical ideas. But in turning down the e-reader he was displaying a trait common among leaders. He rejected something with an uncertain future and which did not fit in. Continue reading

Posted in Book Review, Leadership, Strategy | Leave a comment
Innovation Lessons from Walt Disney

As a young man Walt Disney was fired by a newspaper editor because “he lacked imagination and had no good ideas.” It was an inauspicious start for a man who went on to be one of America’s most innovative leaders. Continue reading

Posted in Celebrity, Creativity, Innovation, Leadership, People & Skills | 2 Comments
An Innovation Tool - Value Chain Review

Do you want to innovate with your service or process?  Here is an effective method which I use on innovation workshops.  It involves analyzing and questioning every stage of your procedure. Start by breaking the customer journey down into… Continue reading

Posted in Processes & Tools | 3 Comments
Break the Rules – A Lesson from Freddie Mercury

Creative geniuses do not start by tinkering with what exists today. They do not listen to the demands of customers or bosses or critics. They start with their own revolutionary ideas and pursue them relentlessly. Continue reading

Posted in Celebrity, Creativity, Entertainment, Innovation, Sales | 4 Comments
A Great Way to Innovate at Any Age

A great way to innovate is to take an idea from another place and be the first to apply it in your field. Take as an example the assembly line… Continue reading

Posted in Growth, Innovation, Strategy | 3 Comments