China and Trump Plan to Kill Innovation from Outer Space

First, let me say that this is not a political article, but instead an article about a potential innovation crisis looming just over the horizon thanks to brinkmanship between China and the United States. Second, let me say this article is not about killer satellites being launched into orbit by the Trump administration or the People’s Republic of China. Instead ...

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Becoming Real Innovators

“They are ill discoverers that think there is no land when they can see nothing but sea.” ― Francis Bacon Companies today are eagerly seeking the answer to one essential question. How do we innovate? It’s been observed that 75% of companies say they’re committed to innovation as one of their top priorities [1]. But most struggle to innovate. To many ...

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The Moonshot to Create the Next Google

Nothing is older than the argument that large companies can’t capitalize on their innovations. Will this be the company that disproves that? Moonshots are always one part flight-of-fancy, one part brilliance, and 98 parts risk. “Eventually you’ll fail to fail.” – X Captain of Moonshots, Astro Teller I grew up in an era of moonshots. Few things in history have ...

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Overcome Customer Concerns – Transfer the Risk

During the economic depression which followed the financial crash of 2009 car sales slumped across America.  Automobile makers tried all sorts of promotions, many featuring big price cuts, but they could not lure buyers onto their forecourts and persuade them to buy.  Rebates and other traditional incentives just were not working.  Hyundai USA took a different approach.  They kept asking ...

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Cross-Functional Cooperation Breeds Innovation

My name is Sari van Poelje, I’m an expert in agile, innovative design and I’m here to talk to you about cooperation in teams. I’ve been traveling around the world helping businesses innovate as quickly as they innovate their products. And sometimes what I come up against is teams that are not willing to cooperate. Cooperation is really, really important ...

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Why Your Startup Will Fail

The vast majority of startups will fail and the numbers are even higher in biomedicine due to the numerous risks involved in getting a product or service to patients in a highly regulated industry that involves human subject and clinical trials. Add to that the many barriers to adoption, dissemination, diffusion and implementation and why clinical trial results don’t translate into clinical use, and ...

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Why Do So Many Innovation Programs Fail?

Whenever we talk to executives and ask how their past innovation efforts have succeeded, we usually get quite a muted response. Most have tried at least some innovation initiatives or programs, and many have had positive experiences from some of them, but overall the end result often seems to be a bit of a disappointment. These executives aren’t alone. According ...

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The Little Known Event that Made Einstein a Legendary Icon

On April 3rd, 1921, a handful of journalists went to interview a relatively unknown scientist named Albert Einstein. When they arrived to meet his ship they found a crowd of thousands waiting for him, screaming with adulation. Surprised at his popularity, and charmed by his genial personality, the story of Einstein’s arrival made the front page in major newspapers. It ...

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5 Ways to Build a More Innovative Culture at Work

company culture

It is said—and widely accepted—that culture eats strategy for breakfast. Company culture is also an important driver for innovation. According to a 2016 Gartner Financial Services Innovation Survey, “The biggest threat to innovation is internal politics and an organizational culture which doesn’t accept failure, doesn’t accept ideas from outside, and/or cannot change.” Another MIT Sloan School of Management study found ...

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