Feature Of The Week

The Dysfunctional Innovation Ecosystem

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We naturally think an ecosystem should be positive or encouraging toward their end goal and naturally evolve to support their stated purpose. However, innovation tends to be different. If left unchecked or allowed to evolve on its own, innovation within an organization tends to become an innovation prevention program instead of a positive ecosystem to encourage or nurture innovation. Without ...

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Consulting Industry Caught in the Crossfire

Consulting Industry Caught in the Crossfire

The worlds of employment and business are becoming increasingly turbulent as the stability of the enterprise grows ever shorter, the loyalty of the enterprise to its people faces extinction, and the wealthy countries of the world stand at a precipice of overhanging debt. Increasingly intelligent digital technologies and mercurial customer expectations threaten both people and enterprise at every turn.

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What is the Foundation of Innovation?

What is the Foundation of Innovation?

It was my privilege to serve for over 30 years the customers, employees, and shareholders of one of the most respected Fortune 50 brands in the world, Caterpillar Inc. That association provided my family and me opportunities to live in Asia, Europe, and North America and me with career experiences in engineering, product development, marketing, dealer development, new product launch, ...

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Innovate like a startup or like big business?

Startup and Big Company

Startups are king when it comes to innovation. Indeed, established companies often strive to behave more like startups. But in reality, it is quite challenging. Startups, on the other hand, wish they had access to resources, particularly capital. So, there’s something to be said for the large corporation: It has experience, distribution channels, and access to cash. Each wants what ...

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SPQR Innovation

roman innovation

Modern travelers in Rome sometimes notice the abbreviation “SPQR” in various places throughout the city, such as manhole covers.  Students of Latin know that this stands for Senatus Populusque Romanus, which translates to “The Senate and the Roman People.”  This phrase represents the government of the ancient Roman Empire and continues to this day to serve as a symbol of ...

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The Role of Confidence in Innovation

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So, I’m not the most confident guy out there. In fact, being shy and generally introverted (INFP, represent!), I tend not to exude “confidence”. But in coming up with a topic to write about, this got me thinking… maybe confidence isn’t the cliché assertive, narcissistic alpha-person that often comes to mind when confidence is being discussed. Maybe, instead, it includes ...

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A New Way Amazon Changes Everything

Amazon Frito Lay Box

The arrival of the Internet began major disruption to decades old methods of consumer packaged goods (CPG) distribution. The tried and true method of manufactures selling to a collection of wholesalers, who then sold the product on a range of retailers began to be reexamined. We saw the arrival of online retailers like Amazon who sought to compete with brick ...

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New Model with Four Routes to Start Innovation

Start

The start of innovation is described by Wikipedia as the messy getting started period of a new product development process. It is in the front end where the organization formulates a concept of the product or service to be developed and decides whether or not to invest resources in the further development of an idea [i]. The ‘front end’ is the informal start ...

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