Monthly Archives: September 2011

The Downside of Passion

Review any list of positive leadership traits and “passion” will undoubtedly rank near the top – rightly so. In most cases passion is an asset capable of carrying you through tough times, sharpening your perspective, revealing purpose, and helping you succeed in the face of overwhelming odds. You’ll find no shortage of content describing the positive attributes of passion, but ...

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Telcos Become Banks – Facebook Next?

I came across an article yesterday on GigaOm – Dreams of mobile payments lead telco to try banking – notifying us that Rogers, a Canadian mobile carrier, has filed to become a bank. It makes sense, as we see various iterations of mobile wallets coming into existence, and carriers looking for a new revenue stream. Of course, it’s yet to ...

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An Innovation Eclipse

The failure of Solyndra last week – a United States solar energy venture backed by $535 million in federal loan guarantees drew the ire of many people concerned with the state of the federal budget deficit and the growing national debt. But was the federal government wrong to offer loan guarantees to Solyndra? This is the question many people are ...

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From Marginal To Mainstream – Social Innovation

I think the recent global economic crisis has raised society issues far more. Social innovation will begin to move from the margins to the mainstream to tackle a range of these society challenges. It will inevitably need more structural support; it certainly will need more coordination and alignment by all the stakeholders involved. It needs organizing and being recognized in its own right. Are you ready to participate?

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Innovation Obstacle – Switching Costs

One of the major obstacles to innovation is switching costs. Here’s a story that shows why: after 120 years, the main library at Princeton University is finally converting all of it’s books to the Library of Congress book classification system. This is remarkable for several reasons. The main one is that the Library of Congress system itself is 113 years ...

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Crowdsourcing Meets Open Innovation

Yes, you gotta love Lego! Not only is the company doing amazingly well during this ”crisis”; they are also constantly experimenting with new ways of working together with partners. Their new thing is Lego Cuusoo. Here Lego has teamed up with Cuusoo, which is a Japanese pioneer of user innovative product design that introduced a design-to-order process already in 1998. ...

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Innovation as Self-Actualization

I’ve been reading a number of books about how to increase engagement and excitement at work. Two on my desk right now are Bury my heart at Conference Room B (which I have mixed feelings about) and the other is The Progress Principle (which I will be reviewing on this blog shortly). Both books speak to the fact that businesses ...

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Let's Be A Little More Creative About Creativity

And What Does Collective Creativity Mean? What is creativity? According to Wikipedia: Creativity refers to the phenomenon whereby a person creates something new (a product, a solution, a work of art, a novel, a joke, etc.) that has some kind of value. What counts as “new” may be in reference to the individual creator, or to the society or domain ...

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The Need for True Financial Innovation

Facilitating Mobility for People in Banking – a Paradigm Shift While mobile solutions companies continue to drive product development and their point solutions under the banner of technological innovation the more they miss the plot. So much focus and effort seems to be invested in taking an existing product and merely re-platform it to be functionally available through a mobile ...

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