Tag Archives: Innovation

Looking at Eric Ries and The Startup Way

With a wry grin, Eric begins his talk by knocking on the idea of certification: “A certified entrepreneur is a certifiable idea.” This was the perfect opening to a cunningly smart talk that cuts straight through the morass of corporate politics. The author of The Lean Start Up and The Startup Way began his talk by saying the most absurd ...

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How Big Companies and Startups Use Co-Creation to Innovate

The latest research says “co-creation” is an untapped opportunity for innovation. Here’s how to do it. When I ran the internal strategy consulting group at HP, we constantly asked ourselves, “how can we get our $40 billion global behemoth operating more like a startup?”  That’s because like most big companies, we struggled with risk-taking and moving fast. Startups have different issues. Many upstarts ...

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Creating high-performing and faster-moving teams

It seems that every meeting I went to recently, and almost every person I spoke to, mentioned the new book, from the authors of How Google Works – The Trillion Dollar Coach. I dutifully ordered it and once I had the chance, diligently read it. It is described as the “blueprint for forward-thinking business leaders and managers that will help them create high-performing and ...

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Silicon Valley’s Next Target: Disrupt the Construction and Real Estate Industries

‘Construction Tech’ and ‘Real Estate Tech’ are the next greenfield market spaces. Every industry, every company, and every leader must recognize one simple fact: every product, service, process, and business model will be disrupted–it’s just a matter of time. Companies that think they’re immune to the trends and technologies upending every industry on the planet risk the same thing: obsolescence. There’s ...

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The Whole System is Rigged Against Innovation

Work in innovation for more than a decade you see familiar patterns. One of the most damning, yet predictable ones is relying on the core business units to commercialize innovations outside of their core. This tendency bruises an innovation effort beyond recognition, undermines the credibility of the professions who did the initial discovery, front-end work in the organizations, and threatens ...

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De-Risking Corporate Innovation by Using Suppliers

In this column we have analyzed why it is nearly impossible for Corporate Innovation teams to successfully commercialize new products, services, and business models both within and outside of their core business at length. The risks alone make Legal and Brand departments quake, quiver, and fight against these innovations. The use of new channels, new materials, or partners makes product ...

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Increased R&D Doesn’t Mean Innovation

A recent PwC study looked at a large rise in global R&D spending in 2018, more than a 17% gain over 2017. Many pundits shared the article as evidence of an innovation revolution despite the warnings in the article. Silly, huh? The piece states, “rising R&D spending is an indication that companies are committing to the future, and should portend ...

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Leading People in the Imagination Age

Most of us are aware that the nature of work is changing. According to Singularity University, while emerging technologies may destroy many jobs, they will also create many new appealing ones. Widespread innovation, in the imagination age, will give birth to exciting new industries, all of which are sources of new jobs and occupations. It’s exciting to imagine an intriguing parallel ...

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The Long Sleep: Innovative Product Gestation

You could call it hibernation, but that’s too kind. You could call it neglect, yet some are working on it pushing the proverbial boulder up the corporate mountain. To be kind, let’s simply call it The Long Sleep. This condition happens inside organizations when an innovation concept bounces along internally for a long time without launching. Let’s say the concept ...

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