How To Build An Ecosystem Strategy

By 1980, IBM had hit an inflection point. It had already missed out on the minicomputer revolution. Now, with new, even smaller “microcomputers” evolving into a growing market, it was about to miss out again. So it set up a “skunk works” in Boca Raton, FL and, in less than a year, launched the IBM PC. Today, at the end ...

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 #KnowWhereYourFoodComesFrom – Freville Farm Integrates Physical & Digital Advocacy

Freville Farm’s mantra is #KnowWhereYourFoodComesFrom. Sarah Friedman, founder of Freville Farm, a small farm that produces small batch food in the Hudson Valley, wants to encourage more public dialogue around food, sustainability, and the future of small farms. Farms are the ultimate creative physical environments, and Friedman, a former photographer, invites the public to experience life on the Freville Farm daily ...

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Why Sick Care Innovation Centers Don’t Deliver

If you work for a big, established company, you’ve probably been noticing the sudden rise of a new trend: the innovation lab. Companies as diverse as Delta Air Lines, Target, Google, Pfizer, Marriott, Autodesk, Fidelity Investments, Ford, Verizon, and Stanley Black & Decker are jumping on the bandwagon. Most don’t deliver. Open innovation labs like this bring The Garage Experience inside the four walls of ...

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The Future of Explore and Exploit

In my last two posts I examined the origin of explore and exploit, and where it has taken us so far in the innovation space. In this post I want to explore why everything we believe about explore and exploit from a strategic and business model perspective is increasingly wrong, and what innovators and strategists need to do now in ...

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Five New Innovation Books for the Holidays

As the holiday season in the US gets underway, I habitually look back on what I’ve learnt over the previous year.  An important part of that is always what I’ve read, and in the festive spirit of sharing, here are five books that greatly influenced me in 2019.  None are strictly ‘Innovation books’.  Instead they contain insights that I think ...

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Leading the Charge to Disrupt Your Industry

Richard Jupe, Vice President, Innovative Product Development, Altria: Richard got to the point, fast: Altria’s strategy: reduce risk and expanding choice. “We have a Duel Engine. We are changing our culture with this model, he says.” “Since 1955 our company has been on the Fortune 500. We were Philip Morris. Now we have owned and sold Kraft, Miller. We are ...

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Here’s Why The Robots Won’t Really Take Over

In 2013, a study at Oxford University found that 47% of jobs in the United States are likely to be replaced by robots over the next two decades. As if that doesn’t seem bad enough, Yuval Noah Harari, in his bestselling book Homo Deus, writes that “humans might become militarily and economically useless.” Yeesh! That doesn’t sound good. Yet today, ...

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Innovation Maturity Matrix – A Model to Successful Innovation Transformation

With 80% of executives considering their businesses to be at risk for being disrupted in the near future, they are under tremendous pressure to transform their organizations towards becoming more innovative. However, any organizational change, let alone a major transformation, is always very difficult to implement successfully. In this post, we’ll look into some of the lessons we’ve learned from helping our ...

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