We Need to Stop Glorifying Failure and Do This Instead

Over 50% of startups fail (and that number goes up to 75% for venture backed startups). The same is true of about three quarters of corporate transformations, which is probably why the average lifespan on the S&P 500 continues to shrink. These statistics tell a humbling story: few significant endeavors ever actually succeed. So it’s probably not surprising that we’ve ...

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Top 20 Innovation Articles of August 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are August’s twenty most popular innovation posts: The Most ...

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Innovation Barcamp for Young Suburban Entrepreneurs

What are the Innovation Barcamps for Entrepreneurs? It is the idea to give the codes to young people from underprivileged districts, who want to start an innovation project. During one day, project owners will dig in into their idea, with the help of innovation coachs, and other participants: you come with an idea, and you get back with a project, ...

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Four Myths About Empowering Change

We live in a transformational age. Powerful technologies like the cloud and artificial intelligence are quickly shifting what it means to compete. Social movements like #MeTo are exposing decades of misdeeds and rewriting norms. The stresses of modern life are creating new expectations about the relationship between work and home. Every senior manager and entrepreneur I talk to understands the ...

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Make Life Easy for Your Customers

Companies that have products want to improve them year-on-year. This year’s must be better than last year’s. For selfish reasons, we like to improve cost, speed and quality. Cost reduction drops profit directly to the bottom line. Increased speed reduces overhead (less labor per unit) and increases floor space productivity (more through the factory). Improved quality reduces costs. And for ...

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5 Ways to Fall Asleep, Beat Insomnia and Boost Creativity

In an always-on culture sleep has become a luxury. Yet, Alzheimer’s, shortened lifespan, and poor brain function have all be attributed to poor sleep habits. Here’s how you can change that. We live in an always-on world–hyperconnected, overloaded with information, and addicted to our screens, especially the smartphone soulmates that are constantly begging for our attention. We can joke about ...

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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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