Six Trends Shaping the Future of Health Care

The healthcare industry is an ecosystem. So are the companies disrupting it. This article is one more in a series I call Everything Transformed where I’m highlighting the disruptive forces revolutionizing just about every industry on the planet, including packaging, travel and hospitality, industrial safety, and more. This time it’s healthcare. It’s no secret. The healthcare industry is going through massive disruption. To some, it’s ...

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Leaders Need Members – Optimizing versus Maximising

I help businesses innovate their business more quickly than they innovate their products. What that means is I help businesses modernize their leadership to become more coaching and co-constructive. I help businesses create cooperation across silos. I help businesses engage their customers, to co-create their products. And I help businesses to integrate their commercial and their innovation functions, so that ...

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Make it Personal, But Don’t Take it Personally

Tips for Facilitating Meetings with Different Personality Types

There are a lot of things that motivate (bio)entrepreneurs. Some come from inside (intrinsic) and others come from outside (extrinsic). Most think that it’s a good idea to have passion for your cause, product, technology or objective. Others think that that “passion” can cloud your judgement, further obscure your blind spots, and lead you to be pig headed or obstinate in ...

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For Innovative Ideas try a Cluster of Strangers

I recently ran a workshop for a group of CEOs of small companies from different sectors and industries.  We ran the following exercise.  Each person started with a blank sheet of paper on which they answered the following questions about their organization. What are your main products or services? List three or four. What are your main markets? These can ...

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3 Ways Our Bias to Oversimplify the Future Hurts Innovation

Estimates that attempt to quantify failure rates for innovative products and services typically sit in a range somewhere between 70-95%. As an innovator, I find this an uncomfortably large number, especially given how much time and money we invest in innovation processes, consumer research and market modeling.  But as disappointing as these numbers are, the reality may be even worse, as ...

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How to Measure Innovation Ecosytem KPIs

Claiming status as the #1 digital health, bioscience, technology, finance or education cluster is new eco-devo blood sport. Should funding be the only KPI? Innovation districts are the new clusters, and urban planners and stakeholders ask 5 questions during an audit: 1) Where are your region’s highest concentrations of innovation assets? 2) Is the district leveraging and aligning its distinctive advantages ...

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Beyond the Business Model Canvas

For decades when business people and aspiring entrepreneurs came up with an idea and became serious about commercializing it, they would, by default, create a business plan. Anyone who has ever created a business plan knows they are a LOT of work. And as any innovator knows, most ideas turn out to be garbage. As a result, the creation of ...

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