Innovation

China the Leaders of Innovation in 2018

China has become amongst the top 20 innovative economies for the first time, whilst the US has dropped 2 places according to the Global Innovation Index of 2018. What’s going on? The Rankings China rose from 22nd to 17th place whilst the US rankings dropped from 4th to 6th place. This represents a breakthrough for the Chinese economy, which has ...

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Harvesting Innovation from the Desert

I had the opportunity to chair the recent Back End of Innovation 2018 conference in Phoenix, Arizona and I thought I would share some of my notes and takeaways from the event. It’s definitely an event worth attending next year if you’re an innovation professional and missed this year’s conference. Day One The conference opened with a workshop choice between ...

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The Novelty-Value Matrix

There are many definitions of innovation. In my view, there is a qualitative and quantitative component that helps to determine whether something is innovative as defined by users. The qualitative component is newness i.e whether someone is new or is old done in a new way. The quantitative component is the multiple of user defined value created when compared to competitive ...

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Leveraging Your Talent for Innovation

The world is now entering the third wave of digital innovation, leveling up out of the internet & connectivity era into what the World Economic Forum is calling the “Fourth Industrial Revolution”. Since digital innovation began back in the 1980’s with the first wave – the era of personal computing – Australia, & other countries too, with some pockets of ...

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Conscious Capitalism: Conversation with Selim Bassoul, CEO of Middleby

Please tell me the Middleby Definition of Conscious Capitalism.  We define it as socially responsible business both locally and globally.   How does Middleby use the CC model in its operations? How does it measure and report the outcomes? The hallmark of Middleby management is that we lead by example. We have a culture of very few layers and all employees can make an impact. ...

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How Does Amazon Do It? Five Critical Factors That Explain Amazon’s Incredible Success

With Amazon edging towards becoming the world’s first trillion-dollar company, fresh attention is being paid to the factors that could derail its growth. The company slowed a bit this quarter, sending the stock down eleven percent. Nevertheless, this downtick should not distract from the reality that Amazon has emerged as the new model of innovation effectiveness. They are something new in ...

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Serendipity for Modern Leaders

This is my 2nd piece on craft and micro-marketing. I have asked Elisabeth Drzaic-Lang, Coach and Entrepreneur, to discuss with me how the way we look at Leadership has changed, given the revolution brought about by smaller & upcoming businesses. Old ways do not work any longer, and today’s Leaders need to change given new needs and challenges. Spoiler alert: it’s ...

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Your Messy Desk May Be Helping You Innovate!

In 1993, advertising legend Jay Chiat announced his radical plans for the office of the future. His agency, Chiat/Day, was already a paragon of creativity — its legendary campaigns included Apple’s “1984” and “Think Different” campaigns — and its new LA office, designed by Frank Gehry was to be its monument. The space was engineered to be playful; with decorations that ...

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