Monthly Archives: January 2012

Edison's Approach to Goals

The State of the Union address often serves as my first mile marker for reviewing the goals I set for the coming year. It’s right about now that the shiny New Year’s resolutions we made on January 1st don’t look so compelling. At best, many of us have lost a big dose of the motivation we felt for our goals in the first place. At worst, our resolutions have evaporated into thin air.

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Life After Chapter 11 Bankruptcy?

Eastman Kodak (NYSE:EKDKQ) surprised few by declaring bankruptcy last week. It was clear to many business insiders back in September that Kodak was headed to zero after a panicked move to tap its credit line. As those who have watched the corporate history of Kodak know, years of big debts and a lack of innovation have been weighing on the iconic photography company for quite some time.

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Plan to be Punched in the Face

Experienced leaders know how just easily the most carefully crafted plan can go awry, particularly in the innovation process. In his new Little Black Book of Innovation, Scott Anthony cautions against betting the farm on the perfect plan. “No business plan survives first contact with the market,” Anthony says.

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What is the definition of innovation?

As an innovation geek, I always enjoy reading over the latest reports about innovation. Like a kid at Christmas I eagerly await reports on innovation from management consulting firms like PWC or Booz Allen. They provide a yearly assessment of the world of innovation, and especially what CEOs believe to be true about innovation.

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Lessons of Pawn Stars

Yes, you read that correctly. PAWN Stars. This reality television show on The History Channel chronicles a pawn shop outside of Las Vegas. I enjoy the show because of the history associated with the pieces that are brought in for sale. In addition to rifles from the revolutionary war and antique political documents, people bring in some unusual items like old videos games, dilapidated cars, and various novelty items.

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