Monthly Archives: June 2011

Greenwashing – Electric Cars and Innovation Stalled

Electric cars seem like the socially conscious, feel-good investment among environmentally friendly consumers. In corporate boardrooms, the innovation seemed well liked indeed. What’s not to like? Cars like the Nissan Leaf and Chevrolet Volt reportedly can drive for a day or more on a full electric charge. The Toyota Prius reduces a tank full of exhaust to the whir of ...

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Useful and Valuable

One of the things that stuck with me from reading Braden Kelley’s book Stoking Your Innovation Bonfire is something that is rarely mentioned when deciding on an idea to execute, the distinction between useful and valuable. Usually we have products and services that are useful but not valuable. But then again what’s useful and valuable to you is not the ...

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5 Keys to Making Innovation Communities Work

When I give talks on the intersection of open innovation and social media, I often get into discussions on what it takes to make a community work. This also happened when I met with the participants of the HYPE User Community, which is a group of corporate innovation people using HYPE innovation products and services. I have some experience on ...

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Who is Braden Kelley?

And what should he be doing? The photograph above is from a speaking gig at the Second Line conference last month in New Orleans and was taken by Robert X. Fogarty – founder of the Dear World Project. The exercise of choosing something to write on my body for me was easy, because there is one thing that I want ...

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Can there really be an Effective Organization?

Why the answer may be no. by John Persico Warren Bennis once said that a leader does the right things while a manager does things right. One could extend this to mean that you must have both efficiency and effectiveness in an organization. The real question is whether or not it is possible for an organization to be both efficient ...

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Innovator Mindset – Best Problem Solvers Win

I’d like to make the case that life is fundamentally about figuring things out. We enter the world possessing a quite remarkable biomechanical device with powerful software already installed. Unfortunately (or perhaps fortunately) there’s no owner’s manual, not even a schematic or the most minimal specs (which we couldn’t make sense of if we had them). So from the moment ...

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P&G on Benefits of Open Innovation

Point: Open innovation is much more cost-effective than internal R&D Story: Larry Huston, formerly Innovation Officer at Procter & Gamble, spoke at the World Innovation Forum on June 8, 2011. Huston praised open innovation as a way for big companies to speed their innovation and time to market. Huston said that open innovation efforts give companies a 2x return compared ...

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Creating Time to Innovate

During the past few years I’ve noticed a curious paradox heading its ugly rear among business leaders tooting the horn for innovation. On one hand they want the rank and file to step up to the plate and own the effort to innovate. On the other hand, they are unwilling to grant the people they are exhorting any more TIME ...

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Do Universities Matter for Innovation?

I’m probably going to get in trouble for this post because the answer to the title question is yes and no. I am employed by the University of Queensland which prides itself as being the most successful commercializer of research in Australia. However, I have never been convinced by the simple argument that universities matter because they produce groundbreaking research ...

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