Category: Finance

Innovation REALLY Matters - Lessons Learned from Detroit

Forbes republished its annual “Most Miserable Cities” list. It looks at employment/unemployment, inflation, incomes and cost of living, crime, weather, commute times – a pretty good overview of things tied to living somewhere. Detroit ranked first, as the most miserable city, with Flint, MI second. And my home-sweet-home Chicago came in fourth. Ouch! Continue reading

Posted in Competitions, Culture & Values, Finance, Growth, Industry, Innovation, Jobs, Leadership & Infrastructure, Strategy, Sustainability | 3 Comments
Banks Facing the Innovator's Dilemma

Bankers take too much comfort in the perceived protection provided by operating in a highly regulated business. Relying on regulations to protect the industry will only hasten its reduction to utility status. Regulations are also a poor excuse for not innovating. Continue reading

Posted in Business Models, Finance, Innovation, Service, Strategy | 2 Comments
Quality of Marketing - Important Factor in NPD Success

Marketing input, in one form or another, is an important factor contributing to product development success. However, the relationship between marketing input and product development success is not clearly substantiated. Continue reading

Posted in Finance, Innovation, Management, People & Skills, Product Innovation, marketing | Leave a comment
Amazon Launches Virtual Currency

Amazon has announced a new virtual currency for purchasing games, apps, and in-app items on the Kindle Fire. ‘Amazon Coins‘ will be an easy way for customers to spend money in the Amazon Appstore. They are geared towards developers to help drive traffic, downloads, and increase monetization. Continue reading

Posted in Digital, Finance, Technology | 2 Comments
Why Jeff Bezos Is Our Greatest Living CEO

The Harvard Business Review recently published its list of the 100 Best Performing CEOs. This list is better than most because it looks at long-term performance of the CEO during his or her time in the job – with many on the list in service more than a decade. Continue reading

Posted in Build Capability, Consumer Innovation, Design, Finance, Growth, Headlines, Innovation, Leadership & Infrastructure, Management, People & Skills, Sales, Technology | 2 Comments
When Innovation Goes Wrong

Ever since innovation became the buzzword du Jour, a lot of people seem to have lost their ability to tell smart ideas from stupid ones. Case in point: the financial “innovations” (read: stunningly stupid loan products) that kicked off the trillion-dollar economic meltdown mess we’re currently in. The simplistic notion that “new equals good” has often been a recipe for grand-scale disaster, just as it was in the dotcom debacle at the turn of the millennium. Continue reading

Posted in Finance, Innovation | 7 Comments
Irrelevancy Leads to Failure - Worry for Yahoo, Microsoft, HP, Sears, etc.

The web lit up recently when people started sharing a Fortune quote from Marissa Mayer, CEO of Yahoo, “We are literally moving the company from BlackBerrys to smartphones.” Why was this a big deal? Continue reading

Posted in Customers, Finance, Industry, Innovation, Leadership & Infrastructure, Strategy, Technology | 3 Comments