Innovation Metrics: Rock, Lava, Smoke

When organizations begin their innovation journey, they have no idea how to account for the many forms of value that get created. They may also have dormant fears about changing modes of work to effectively innovate. Yes, there is tangible value (read: real and significant ROI) generated from innovation, but there are also many other forms of value that range ...

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Innovating Takes Courage

Being an innovator takes courage. You are a guerrilla fighter waging war against the status quo, vested interests and corporate bureaucracy that have sophisticated defenses against intruders that seek to threaten their cash flow, culture and business models. You are fighting for the hearts and minds of patient customers ,payers, providers and non-users alike and will need to overcome your ...

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Everything Has a Shelf Life

Everything Has a Shelf Life

So much has been said about the demise of brick and mortar retail. This weekend I got clarity. Clarity about the future of the current-state shopping mall. Its shelf life has expired. Driving through “The Borscht Belt” this past weekend in upstate NY gave me this clarity. The Borscht Belt was a thriving vacation spot with amazing bungalows and resort ...

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The Alphabet of a Champion

“Do this for 60 days and you will always think like a champion.” Champions, those people who define success on their own terms, know that they can make choices that create and shape their lives; sometimes simple choices which each day move them closer to their goals. It’s not rocket science but it is a discipline. You see, our habits ...

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Designing Workspaces To Solve Problems

Apple’s new campus, Apple Park opened to both adulation and criticism. The Los Angeles Times’ architecture critic, upon seeing the original design, called it a “retrograde cocoon.” USA Today pointed out that opening up a glitzy new headquarters is often a signal of impending decline. Wired isn’t sure if it’s insanely great or just insane. One thing that everyone can ...

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Witnessing Real Change

We host several Innovation Bootcamps each month. After doing this work for years, you expect a predictable pattern at each session. Surprisingly, it’s not in the transformational new thinking about the enterprise and the potential value that is created. The pattern I am exploring here is subtle, having far-reaching implications. It happens within the professionals attending the session. Over the ...

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The Secret Formula to Radical Innovation

In the Industrial Economy, our model of success in business started with a strong charismatic leader with superior intelligence who could see through the end of the game, pick the best solution and hand out orders to employees who then executed them with specialized division of labor in functional silos. This model worked as long as the business environment remained ...

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Defend, Extend, and Create: Innovation for Growth at Evonik

Dr. Daniel Witthaut is Head of Corporate Innovation Strategy at Evonik Industries AG, a global leader in specialty chemicals. He completed a brilliant presentation at R&D Innovation Strategies & Process Excellence Summit last November in Berlin. He kindly accepted to answer a few questions about some of the innovation approaches he’s developing at Evonik.  1) Hi Daniel, would you explain ...

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