Product Innovation

Discovering Innovation Around the House

Last night I was hungry and decided to make some tuna fish. I opened my refrigerator and found an 18 ounce squeeze bottle of mayonnaise. As I started to make my meal, I realized that the mayo had expired 6 months ago. I guess I don’t use it very often because the bottle was still 90% full. After throwing out ...

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What are you doing to innovate for an obese America?

The Wall Street Journal reported this week on the huge price being paid in health-care spending due to America’s rapidly expanding waistlines: $147B. How are we as innovators leading companies to address this head on? Lecturing, hectoring and “education” aren’t changing what’s on America’s plate, or at least not quickly enough. I recommend reading Hank Cardello’s book “Stuffed: An Insider’s ...

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Book Review – "The Silver Lining" by Scott Anthony

A couple of weeks ago I received “The Silver Lining” by Scott Anthony in the mail. “The Silver Lining” is a relatively short, easy, and pleasant read. Scott introduces several different concepts in the book in addition to the main thesis – which seems to be that companies must prune their innovation portfolios, refeature their products to meet ever-changing customer ...

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Innovate Your Way out of a Recession

How on earth can companies compete in a global economy where staff costs in India are a tenth of those in the West and where Chinese companies are now looking to outsource their operations to cut costs further? We can not continuously improve our way out of the current challenges, rather we must fundamentally change what we do and how ...

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Determining Innovation's Sweet Spot

Now more than ever, companies need great new ideas, great new products and great new businesses. However, innovators often fail to realize just how big the difference is between them. For example: Satellite radio is a fabulous idea, and Sirius is great product, but what a terrible business. Gillette Fusion isn’t a great idea – but is a great product ...

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