Let’s Get Real About Innovation Hurdles

This is a brief case study for meaningful & constructive conversations about why things aren’t working within our innovation efforts. — Quick intro I’m passionate about helping people take their best ideas to market, and I’m fully aware that ideas can come from anyone or anywhere. But to get to market is often a complicated process full of ambiguity and ...

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Rookie Entrepreneur Mindset Mistakes

Innovation starts with the right mindset. Doctors who are considering a side gig or an alternative non-clinical career, have a hard time getting their heads around the entrepreneurial mindset. There is a difference between the clinical mindset and the entrepreneurial mindset. In my view, only about 1% of doctors have an entrepreneurial mindset because premeds don’t get selected for that trait. They get selected ...

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We Need To Focus More On Networks And Less On Nodes

In the mid-1980s, a Robert Kelley of Carnegie Mellon University began to research why some engineers at Bell Labs performed so much better than others. Initially, what he found didn’t make much sense, By any conventional analysis, the outperforming engineers were nothing special. They seemed just like anyone else. Yet when he looked at their networks, he began to understand ...

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Scaling Up Startups in Corporate Settings

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating. The mutual – actually complementary – benefits seem pretty obvious: Benefits for startups include availability of office space, hardware, networks, support and potential funding access to market and customer base ...

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The Careful Art of Problem Solving

The ability to solve problems quickly is now crucial to the successful running of any business. There are more obstacles to be overcome and more testing situations to navigate than ever before. The Internet Age has brought forth so many new opportunities, but it has also introduced layers of constantly shifting complexity that present previously unseen difficulties. But, even more ...

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How to kill innovation with email, guaranteed!

How often do you use the BCC field in an email header? Here is one negative consequence to consider. Innovation is a team sport. You must rely not only on your own ingenuity and creativity, but also on that of your team members. Innovation also requires a culture of innovation, of which team dynamics play a critical role. Constructive Disagreement Effective, productive, and creative teamwork rely ...

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When Corporations Fund Startups, Both Can Win

How to Protect Breakthrough Innovation

Ever since the Netscape IPO in 1995, venture capital has taken on an almost mystical quality. The idea of investors in khakis backing a few kids in a garage to rival the world’s largest corporations has far more romantic appeal than fat-cat bankers chomping away at cigars in stuffy boardrooms. Before long, corporate America wanted in on the action, with ...

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7 Fields and Professions That Are Beginning to Rely on Virtual Reality

Innovations in technology are evolving so rapidly that the sci-fi depictions we dreamed of as children are becoming reality. Cars that drive themselves, mini personal computers with touch screens populate our pockets, and now, virtual reality is becoming increasingly more common — so common, in fact, that professionals of all types are beginning to rely on VR in particular. Here ...

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