Monthly Archives: August 2012

Algorithm-Driven Innovation

Could an algorithm generate innovation? Christopher Steiner poses a similar question in a Wall Street Journal article titled “Automatons Get Creative.” Steiner posits that automation is slowly making its way into creative fields that previously were viewed as immune to machine-generated content.

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The Profit Paradox

A business that doesn’t make money won’t be around for very long. Profits, after all, are the engine that drives the world of commerce. Any idiot knows that. Unfortunately, idiots who do know that go out of business all the time. The US auto industry, integrated steel giants and many others who failed were extremely profit driven and, in fact, it was their quest for profits that was their undoing.


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Eight I's of Infinite Innovation

Some authors talk about successful innovation being the sum of idea plus execution, others talk about the importance of insight and its role in driving the creation of ideas that will be meaningful to customers, and even fewer about the role of inspiration in uncovering potential insight. But innovation is all about value and each of the definitions, frameworks, and models out there only tell part of the story of successful innovation.

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Disruption Sends Starbucks to Square

The recent announcement Starbucks will put $25M in Square and also start rolling out Square to 7000 stores is -- massive news. Starbucks is not only seriously putting skin in the game, but also immediately becomes Square’s largest customer, changing how commerce will be done in the stores, expanding the ability to use mobile credit card payments. This is a major feat by Square to win the trust of a major global player, get investment dollars AND bring on a major revenue customer, all at the same time.

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