Build Capability

Building Up Innovation Capital

As usual it was Peter Drucker, the godfather of modern management, who said it first. Right back there in 1966 (!), in his landmark book “The Effective Executive”, Drucker argued that companies would need to build a new kind of organizational capital as the industrial economy gave way to the knowledge economy. His famous proclamation was that, in future, brainpower ...

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Part 1 – Three Innovation Distinctions

Last week I was with a group of extremely successful entrepreneurs in Las Vegas. I was a bit of an outlier as my background is mainly with large, multi-billion dollar businesses. Everyone else in the room came from the start-up world. Also, nearly everyone in the room worked exclusively with speakers and authors. Although I too am a speaker and ...

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Do you have a Corporate Innovation System?

Co-authored with Peter Skarzynski, CEO of Strategos, in close collaborationwith well-known strategy guru Gary Hamel, I believe that “Innovation to the Core” (Harvard Business School Press) is by far the most important thing I’ve ever done. Lots of people have been asking me for a synopsis of the book, so here goes… Could you describe your company’s “corporate innovation system”? ...

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The Paradox of Innovation from 30,000 Feet

It’s About the Journey, Not the Destination by Robert F. Brands In the C-suites of corporate America, innovation has become a mandate. Executives – from CEOs to marketing officers – believe that to innovate is to embrace the Holy Grail of 21st Century business. But is innovation alone the answer? Is the end – innovation – capable of surviving solely ...

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Elevating HR to Drive Innovation

It’s every employee’s nightmare in recessionary times: finding a “pink slip” in the pay envelope, or getting a fateful phone call from HR. Over five million workers in America have had that gut-wrenching experience since the economy hit a wall in 2007. And this year the global layoff tsunami will claim millions more jobs worldwide. So I imagine that, right ...

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Innovation Perspectives – Ideas are Not Enough

This is the sixth of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on ‘What is the most dangerous current misconception in innovation?’. Now, here is Rowan Gibson’s perspective: by Rowan Gibson One of the most prevalent and dangerous misconceptions in innovation is that it’s all about coming up with ideas. So ...

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Is this the end of Apple?

That’s the bugging question that just won’t go away. It seems to get asked every time Steve Jobs goes to the doctor. First it was a brush with cancer. Now it’s amysterious “hormone imbalance” that has left Jobs looking gaunt, forced him to cancel his appearance at Macworld 2009, and put him on a six month medical leave. Once again, ...

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Developing an Innovation Vision

You cannot expect your team to be innovative if they do not know the direction in which they are headed. Innovation must have a purpose. It is up to the leader to set the course and give a bearing for the future. This is set in broad terms and is described as the mission, core purpose or vision for the ...

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Optimizing Innovation – Panel Discussion

We are happy to bring you some of the key points and insights from a panel discussion at the Optimizing Innovation Conference, which was held October 21-22, 2009 in New York City. The panel topic was “Successfully Innovating in the Current Economy”. The panelists were Robert Repetto (Wyeth Biotech), Halina Karachuck (AXA Equitable), Randy Calson (Diageo), and Karen Morris (Chartis ...

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Optimizing Innovation – Jack Anderson of Chevron

We are happy to bring you some of the key points and insights from Jack Anderson’s talk at the Optimizing Innovation Conference, which was held October 21-22, 2009 in New York City. Jack Anderson, Innovation Specialist at Chevron, spoke first about innovation and IT’s overall posture (High Level IT Posture Within the Organization): Systematic innovation Managed innovation Defined innovation Sporadic ...

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