Waiting for the World to Catch Up

My heart goes out to innovators the world over. Even at the best of times, it can be tough to find financial backing for radical new ideas. But in the midst of a once-in-acentury, out-of-control economic crisis, with corporate profits in a steep nosedive and banks unwilling to lend, the chances of getting some resources to push an idea forward ...

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People With Passion Drive Innovation Success

I love those truisms that people use to describe a situation. Strangely they are usually based on obvious failures, but perhaps it’s simply easier to teach people based on failure than success. Some relatively well-known truisms include: You can lead a horse to water but you can’t make him drinkYou can’t push a string uphillTime waits for no man I’d ...

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Has Old Navy Righted its Ship?

It’s a classic “When Growth Stalls” scenario: start with a fast-growing and profitable company; add an aggressive new competitor that begins to successfully woo the same customers; watch as the previously flourishing company loses its nerve, its focus, and its consistency, leading to languishing sales and lackluster results. When Gap, Inc. launched Old Navy in 1993, the spare retail chain ...

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Innovation Perspectives – Ideas are Not Enough

This is the sixth of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on ‘What is the most dangerous current misconception in innovation?’. Now, here is Rowan Gibson’s perspective: by Rowan Gibson One of the most prevalent and dangerous misconceptions in innovation is that it’s all about coming up with ideas. So ...

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Better to be Honest than Sneaky

I’m generally not tracking the “post ads to your social networks” movement, be it sponsored blog posts or tweeting ads to your followers on Twitter. There is one aspect to it that I think is most important: disclosure. Robert Scoble has a post up, More thoughts on in-Tweet advertising, where he notes that he unfollowed people on Twitter who were ...

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Create It and They Will Come

by Kevin Roberts I’ve been amazed by the global enthusiasm for the iPhone apps that continue to proliferate around the world. Creating an app is as simple as thinking of something useful. It’s the modern day inventor’s route to riches, and the modern day consumer’s lifestyle compressed onto a small device. The creativity just keeps on coming, and it has ...

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Innovation Perspectives – No Shooting Stars

This is the fifth of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on ‘What is the most dangerous current misconception in innovation?’. Now, here is Hutch Carpenter’s perspective: Most Dangerous Innovation Misperception: The Silver Bullet Approach by Hutch Carpenter When companies think every innovation has to be a shooting star, their ...

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Double the Fun – If You Follow the Rules!

Out and About Marketing by Mike Brown The Baskin Robbins Double Header Cone screams, “I came out of an innovation session!” That’s okay though because it appears from the outside-looking-in to have a solid customer experience-based strategic foundation. An ice cream cone allowing multiple flavors and formats side by side lets customers preferring cones experience them in a new, fun ...

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Creating Mobile Products by Division

Mobility is a good thing. As mobility increases, so does our standard of living. Mobility expands job opportunities, enriches our personal life, and boosts prosperity. For nations, mobility expands trade, creates wealth, and makes countries more competitive. Mobility even helps us live longer. For hundreds of years, life expectancies hovered around 40 years. During the 1800s they began to shoot ...

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Open Innovation Starts With A Why

A journalist recently asked me how companies should get started with open innovation. I replied as below: First ask this question: Why do we want open innovation? Many people believe open innovation is the Holy Grail and they just jump aboard without asking why open innovation is relevant to them. An answer to the why question should show an understanding ...

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