Between the Gates, Vol. 1: Opportunity Proposal Development

Gated development processes have been around for over 25 years now and I rarely come across a company these days that does not have some form of a gated process in place. A gate review process, when well implemented, allows leadership to evaluate projects from a business perspective at critical junctures, leaving day-to-day project execution to an accountable project team. Then why… Continue reading

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Stop Innovating

Your corporate culture is where innovation goes to die. It’s easier and more fun to do workshops than to actually innovate, because innovation involves risk, and the culture doesn’t support taking risks. Continue reading

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JOBS Act = New Money

As the Securities and Exchange Commission (SEC) continues to move forward with the implementation of Titles II and III of the Jumpstart Our Business Startups (JOBS) Act, provisions that open advertising and investing to completely new channels, the startup landscape is morphing, just a little, to match resources and opportunities in previously unattainable ways. However, although Titles II and III of the JOBS Act are… Continue reading

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Are You Using Data To Analyze The Past Or To Create A New Future?

In Nate Silver’s Five Thirty Eight manifesto, he argues that the plural of anecdote is data.  It is through compiling and analyzing observations that we transform ordinary experiences into scientific conclusions. Yet the concept of data is still relatively new.  According to Google’s Ngram, the use of the word only began to be heat up in the 1960’s.  So, although… Continue reading

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Who NOT to Put in Charge of Innovation

I just hung up from a call with a colleague in which we were planning how to bring up a difficult topic at tomorrow’s client meeting regarding innovation. It is surprising how often this situation occurs in consulting work. This time the root of the situation may be traced to an observation Vijay Govindarajan and Chris Trimble made in their book The Other Side of Innovation, regarding the characteristics of successful innovation executives. Continue reading

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Modern Mass Customization – Rule 3: Honor the Order, Abandon the BOM

Most mainstream Product Lifecycle Management (PLM) systems in the marketplace today are designed with a mass production model in mind. These systems offer sophisticated functionality that allows engineers to formulate Bills of Material (BOMs) and define product structure during design stages. Designs are released and pushed to production systems for manufacturing, but the PLM system remains the single source of truth for end-product design information. Continue reading

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Michael Kotowski recently attended the Big Data & Analytics for Pharma Summit in Philadelphia. Here are some great quotes from these innovation speakers, thinkers and doers at #DataPharma: Continue reading

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