Tag Archives: success

Innovation is a Lifestyle, Not a Bunch of Metrics

Far too many supposed innovation experts believe that measuring activities is critical to success. Maybe. Maybe not so much. At least for the big stuff. Innovation activities simply for the sake of doing something without context and insight from the measure may be in fact very misleading. Persistent growth, profit, ROI and NPV are the obvious measures, really the only ones that ...

Read More »

Seven Trends Driving The Future of Innovation

Kraft Heinz’ stock is down 50 percent over the past 12 months, turnover in the executive ranks has increased, and the company’s inability to keep pace with changing consumer tastes is largely to blame. In an earnings call with investors, Kraft      Heinz CEO Miguel Patricio observed that “we’ve been too focused on the present, and literally on firefighting. ...

Read More »

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 ...

Read More »

Emerging Collaborative Tribes, Networks and Collectives 

It is becoming widely accepted that collaborative organisations adopt more fluid and loose structures, where individuals are given greater responsibility to take smart risks, make decisions appropriate to their role and the task concerned: Without hierarchy, status, power plays and the conventional “red tape” implicit rules, where people have a hunger to learn, are willing to continually improve and learn ...

Read More »

Creating Collaborative Workplace Cultures

Some CEO’S, executive teams and leaders mistakenly assume that organizational culture is simply a social phenomenon that they have no control over, and cannot impact. Yet, according to Gallup, CEO’s, executive teams and leaders are the key catalysts towards creating a collaborative workplace culture. This is because culture is more about connecting with & sharing people’s values and beliefs, understanding & ...

Read More »

Simple Formula That Explains Why Anyone Would Buy Your Invention

The following is taken from a course that I developed and currently teach at the Cox Graduate School of Business at the Southern Methodist University (SMU) in Dallas, Texas, named “Evaluating Entrepreneurial Opportunities” (CISB 6226) The subject of this article is the million (or 10 million, or 100 million, or a billion ) dollar question. Why would my target market ...

Read More »

Retooling to Win in the Next Decade

After the World Economic Forum meeting in Davos drew to a close, Martin Reeves, Senior Partner & Managing Director, Director of the BCG Henderson Institute shared his reflections of the event with the Boston Consulting Group. Whilst discussion trended down global economic growth, they also elevated risks on a number of fronts, spanning the whole system, in the context of ...

Read More »

Four Things Nobody Ever Tells You About Innovation

Every enterprise needs to innovate. It doesn’t matter whether you are a profit-seeking business, a nonprofit organization or a government entity, the simple truth is that every business model fails eventually, because things change over time. We have to manage not for stability, but for disruption or face irrelevance. There is no shortage of advice for how to go about ...

Read More »