Innovation

The Importance of Consistency and Consensus

Interview – Steve McKee of “When Growth Stalls” I had the opportunity to interview Steve McKee, the author of “When Growth Stalls” about the challenges companies face when they lose focus, lack consensus, or fail to maintain consistency with their innovation efforts. We also discuss a variety of other innovation topics including: barriers to innovation, education, and metrics. Steve McKee ...

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Are you an Innovation Venture Capitalist?

The most innovative leaders have a mindset like that of a venture capitalist. They take a portfolio view of innovation projects. The venture capitalist will invest in a basket of different start-up companies, fully knowing that most will fail. A few might break even and one or two might be successes. But one big success can pay back the costs ...

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Influencing Your Innovation Potential

Interview – Steve Todd of “Innovate with Influence” I have the pleasure of knowing Steve Todd (the Rockette on the left), a Distinguished Engineer for EMC Corporation with a hand in generating over 140 patent applications and billions of dollars in revenue. Steve has a great sense of humor and is the author of “Innovate with Influence – tales of ...

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Innovate or Die – Tactics #1-16 of 110

Recession or no recession, deep recession or not, the challenge to add more and more value grows, and the importance of innovation, and a culture of innovation, grows exponentially. A “culture of innovation” covers “everything.” There is no halfway. There, of course, are “first principles.” Or are there? I started a list of “stuff” that’s imperative to creating an innovative ...

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Innovating for Fun and Social Good

I came across this on sitsite.com’s blog and had to share it. After all, we could all use a little more fun in our lives, and if some social good can be achieved in the process, all the better! It is from a Swedish site advertising a contest that will award a 2,500 Euro prize for the idea that best ...

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When Wal-Mart Enters the Funeral Business

The Funeral Business is About to Change by Idris Mootee Will Amazon.com Follow? What’s The Latest Innovation In The Funeral Business? Some survey stated that the average person’s greatest fear is having to give a speech in public. That’s not it for me, but I am sure it is for many. I remember one guy telling a story about how ...

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Innovating Every Day

Who doesn’t recognize the need to constantly innovate today? After all, just look around at all that is new in our world in the past few years. Are you twittering? – 30 million+ others are. Do you have a product or service video on YouTube? – 25 million+ people do. And are you LinkedIn or participating in SecondLife? These are ...

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How a Blizzard Saved the ATM

“Build it and they will come.” We hear that mantra a lot. But with innovation, it is often more like, “Solve a pain and they will come.” The ultimate success of the Automated Teller Machine (ATM) is a great example of this. The other night I was having dinner with someone who in the mid-1970’s worked with Citibank, the second ...

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Inspiring Your Team with a Chief Innovation Officer

Who inspires your team? Who develops the ideas, promotes an environment that fosters creative camaraderie, nourishes espirit de corps – and steers the organization toward greatness? In short, who is your Chief Innovation Officer? Every organization that grows by creating new products or services or aspires to out-class the competition needs a Chief Innovation Officer, or CIO. In Robert’s Rules ...

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