Innovation

Gray Hair, White Space

Geritol. AARP. RVs. These symbols of retirement are losing their relevance, empty shells of another’s generation concept of how to spend the remainder of your life once you have worked your last day. In the past week I talked to several people across the country who all turned 50. The same story surfaced organically. Thanks for the miracle of direct ...

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Advice to a Medical Student Entrepreneur

Dear Susan, Congratulations on your recent graduation. I’m sure you are thrilled to start medical school in August and are looking forward to taking a break this summer. The usual commencement speech I’d give, had I been invited, goes something like this: Given your interest in building the company you started in college,however, you might want to rethink that vacation in ...

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Innovation Labs: disruption, and new business models (2/4)

Click here to read Part One Innovation labs or rapid innovation centers are developing at fast pace. Hereafter, we prolongate the previous review of Innovation Labs, with an industry point of view. Each archetype can inspire the managers in charge of creating an innovation lab, and arm them to compose their own recipe for success. 4 type of Innovation Labs from ...

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Leaping to a New Growth Curve – Part 1 of 3

Recently I had the opportunity to interview Howard Yu, LEGO professor of management and innovation at the prestigious IMD Business School in Switzerland, director of IMD’s signature Advanced Management Program (AMP), and author of the book Leap: How to Thrive in a World Where Everything Can Be Copied to investigate a series of important questions about what we can learn ...

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Leveraging Suppliers for Innovation

One of the greatest thrills of a career is when you see a nice client thrive and prosper. Recently, I was flown to the West Coast with a client to co-present the findings of a few innovation projects. We had an esteemed audience SVPs of marketing, procurement, sales, and a few VPs, too. At the end of the meeting, one ...

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Innovation Labs: compose your recipe for success (1/4)

Innovation labs or rapid innovation centers are developing at fast pace. Just last week I was discussing about the set-up of an innovation lab in one African country where Orange operates. It often comes to the following 4 questions: What is the aim of the lab, and how will it operate? How to on-board and communicate? How to select the ...

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10 More Amazing Innovation & Design Card Decks

Last year LPK created a card deck of the top 50 Roadblocks to Innovation. In the last 18 months we’ve shared 900+ sets to innovators in 28 countries on 6 continents – led 35+ workshops for groups in corporate innovation, academia, startups & non-profits – and learned a ton about what really stands between innovation ambition and impact. In March I shared my 10 favorite Design ...

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Have an idea? What’s next?

During residency, Dr. Jones, realized there were many surgical problems that needed innovative solutions. During his chief year of residency, he started his first company and created and acquired patents around a more convenient surgical instrument. While working on this project, he identified several other clinical problems that needed to be solved and began to add to his portfolio of products. ...

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Don’t Bet On Someone Else’s Success Story

Every bold new business idea starts with a success story. Either it is a single organization or an aggregate sample that implemented a particular strategy and achieved outstanding results. That solid track record helps to convince others to adopt it, yet somehow the new management fad fails to deliver as promised. The problem is often one of survivorship bias. While ...

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