Nothing Ventured, Nothing Gained

Who said this: “Did I behave irresponsibly? Not totally, because I had something in mind I wanted to do. Am I sorry for what I did? Yes, I am. Would I do it differently? Probably not. It’s the way I was, and that’s something I have to live with today.” Sounds like a corporate creep who got caught with his ...

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The Participation Economy – Part 2

by Kevin Roberts I like to think of good ideas having a theme song. For the ‘Participation Economy‘ maybe it would be “Come Together” by The Beatles. But the manifestation of that spirit and energy has to be embodied by the current world tour by U2. It’s a lesson in participation with scale. Stadium shows of yesterday were known to ...

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Optimizing Innovation – Moises Norena of Whirlpool

We are happy to bring you some of the key points and insights from Moises Norena’s talk at the Optimizing Innovation Conference, which was held October 21-22, 2009 in New York City. Moises Norena, Director of Global Innovation at Whirlpool, spoke about how his job is to lead a three person team that works on the infrastructure that enables innovation ...

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Mumbai's Innovation Hub

Innovation in the developing world, as many people may tend to think, comes from either large conglomerates or small entrepreneurial communities which have had the good fortune of venture backing. Especially in a free market economy, such as India’s, innovation is often thought of as the mandate of thriving businesses equipped with the know-how. In Mumbai, India’s economic powerhouse, the ...

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How many years of experience do you have?

Several years ago, an HR professional passed along a piece of wisdom warranting consideration by anyone who works: Lots of people claim twenty years experience, when what they really have is one year of experience, twenty times over. Since that conversation, I’ve used her statement to gauge my career: What new skills, capabilities, and accomplishments have I demonstrated in the ...

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Creating an Improved Environment for Innovation

Thomas Alva Edison was a failure. It has been said that he “went back to the drawing board” more than 6,000 times before finding the right plant to produce a carbonized filament for his incandescent light bulb. Six thousand times. Do you have that kind of innovative stamina? It’s been said that: Risk + Experimentation (+ Failure) = Improved Environment ...

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Why Open Innovation Matters

A few weeks back someone told me an interesting story about Procter & Gamble and their competitors. It is well-known that P&G is the open innovation champion and their long focus on open innovation has given them an important advantage. They get to see interesting proposals within their business areas before their competitors. In the story I heard, one of ...

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Reinventing the Newspaper

Newspapers are dying. Their business model is burning to the ground. They cannot fend off the Internet and other threats despite their virtual monopoly and economies of scale in printing and distribution. Advertisers are moving on. Yet while traditional newsrooms are shrinking, journalism is thriving and the consumption of news is skyrocketing. Why are newspapers shutting down? As Clay Shirky ...

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