Category: Finance

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
Why Aren’t We Funding Management Innovation?

For those who are looking for a sustainable competitive advantage, doesn’t it occur to you that, compared to technology, it is more difficult to do and therefore copy, an innovation in management? Continue reading

Posted in Build Capability, Finance, Innovation, Leadership & Infrastructure, Management, Strategy | 1 Comment
Why the Top 20 R&D Spenders Waste their Money - Lessons from Microsoft & GM

Many people equate spending on R&D with investing in innovation. The logic goes that R&D spending is lab spending, and out of labs come innovations. Hence, those that spend a lot on R&D are innovative. That is faulty logic. Continue reading

Posted in Apple, Finance, Innovation, Leadership & Infrastructure, Research, Strategy | 3 Comments
Why Credit Card Marketing Innovation Changes the Game for College Students

While laws striving to protect college students from credit card companies have been effectively thwarted by the current social media environment, students who have a responsible attitude toward credit card use can obviously glean a lot of value from their new-age relationships with issuers. Continue reading

Posted in Finance, Innovation, education | 1 Comment