Monthly Archives: September 2016

Reversing Your Company’s Shrinking Lifespan

We are all living longer than we used to but the companies we work for are not. Corporate life expectancy is at a serious decline. Our life expectancy has increased by almost 30% in the last 80 years but corporate life expectancy has fallen by almost 500% in the same period. This rapid rate of decline started in the 60s ...

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Key Innovation Lessons from the Nuclear Industry

One of my favorite parts about writing about innovation is receiving insightful comments from readers with diverse experiences and perspectives.  Recently, a junior colleague with expertise in organizational research, learning, and performance made a connection between my previous article on the need to de-risk innovation and the key traits of high-reliability organizations (HROs).  HROs, such as nuclear power generation and air traffic control, are ...

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How to Start Innovation with an Idea

The Innovation Maze

The Idea Route Google, currently a company with a market capitalization of $ 500 billion, started as just an idea. In 1995, the idea for “downloading the entire web onto computers” came to Google inventor Larry Page in a dream when he was 23 years old. He claimed, “I spent the middle of that night scribbling out the details and ...

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Why Limit Yourself?

Why Limit Yourself?

When consulting with clients in this Memphis area, we often have to deliver the bad news first. This bitter pill usually comes in the form of a Sunset Analysis that details when the client’s once market-leading products will be costing more to keep in production than generating revenue.

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Leaders Must Inspire AND Shape Networks

Leaders Must Inspire AND Shape Networks

In a classic Harvard Business Review article, Abraham Zaleznick contrasted two very different styles of authority. Managers he argued, take a rational approach and seek order and control.  Leaders, on the other hand, are more emotionally driven and seek to drive change. Every organization needs both.  Managers provide the continuity needed to execute efficiently and leaders drive the kinetic energy needed ...

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Innovative IoT Ups and Downs (Still) Hinge Largely On Security

Innovative IoT's Ups and Downs (Still) Hinge Largely On Security - Innovation Excellence

The idea of an IoT future is both exciting and terrifying. Unfortunately, for every wonderful idea made plausible by the IoT, there are still core issues that need to be worked out. With consequences ranging from annoying to potentially deadly, it’s hard to weigh the potential benefits made plausible and possible by innovation in the IoT against the dangers that the same systems will inherently expose us to. Nevertheless, we must look ahead and realize that even if the IoT is-coming-no-matter-what, there is no similar promise that follows in terms of security and disaster mitigation--at least not yet.

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