Culture Remains the Strongest Innovation Litmus Test

For being members of a discipline that prides itself on discovering the unknown, innovation practitioners have a secret lust of commonplace predictability and yearn for security as much as any human being. Seeing how they too often become the mistaken and hapless scapegoats for lack of core business growth, it is easy to empathize with this longing for belonging and ...

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Boomer Bioentrepreneurs Handbook

Boomers are back on stage for an encore.Whether it’s for financial reasons or a chance to try something new, more baby boomers are embarking on an encore career—a second professional career that can bring in not only money but often the fulfillment that may have been lacking the first time around the career bend. In fact, adults over the age of ...

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A Fundamental Principle of Value Creation

The photo below illustrates one of the most fundamental principles of value creation. Have a look: The owner has bought a ‘cat tree’. This would be splendid, but the cat prefers sitting on the cardboard box! Of course, the cat tree is not for the cat at all. It’s for the owner. I doubt the cat appreciates the paw-shaped seat ...

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Reigniting Innovation and Creativity

  “If you hear a voice within you say, ‘You cannot paint,’ then by all means paint, and that voice will be silenced.” — Vincent Van Gogh Here’s an interesting question. Why is it that, while artistic tools have become so advanced and provide artists with the opportunity to become so much more productive, the amount of art and the ...

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13 Guidelines for Navigating the New Decade Ahead

In 2009, after a speech at the St. Petersburg International Economic Summit (Russia’s Davos), I wandered into a  panel discussion on the topic of trade wars, led by New York Times columnist Thomas Friedman. My thought was: “why this topic?” Trade wars were not on most people’s radar, certainly not mine. But the question is: should they have been? I’ve been ruminating of late about ...

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The Three Musketeers of Innovation at Cdiscount

Jerôme Fauquembergue, Damien Tourrette, and Bastien Giner are the 3 musketeers I talked with, to understand the blossoming innovation of Cdiscount, the French leader for e-commerce, and subsidiary of Casino retail group. They’ve shared some fruitful insights on how innovation unfolds at Cdiscount over intrapreneurship, and cooperation with startups. Innovation scope at CDiscount Innovation at Cdiscount covers from pain killing, ...

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Fundamentals of Digital Health Entrepreneurship

Bioscientists, engineers, non-sick care entrepreneurs and health professionals have many ways to practice biomedical and clinical entrepreneurship e.g. in biopharma, medical device and diagnostics, small business medical practice, educational technologies, social entrepreneurship and intrapreneurship. Digital health entrepreneurship is another pathway. Digital health is the application of information and communications technologies to exchange medical information. Like all other areas of biomedical ...

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Creating Innovation Spaces

If you’re in the innovation game you probably ought to meet Madame de Geoffrin. Anyone working at the fuzzy front end or trying to find ways to ‘get out of the box’ could probably benefit from a few minutes of her time. She has a wealth of experience around how to enable this sort of thing. It wouldn’t be easy ...

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Cognitive Bias is an Innovation Killer

I recently wrote about Cognitive Diversity, and today I reflect on Cognitive Bias, the other side of the same coin. I think (subconsciously biased) therefore I am (subconsciously biased). Psychologists generally agree that 90% of our decision making is driven by the subconscious. In other words, only 10% of the time are we actively (consciously) making decisions. The subconscious mind ...

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