Magic Wand of Strategic Planning

Imagine if Hogwarts, the mythical school of magic and sorcery in the Harry Potter books, taught strategic planning. You could use enchanted mirrors to gaze into the future with unerring accuracy. You could conjure up potions for warding off evil competitors, recite charms for turning lousy products into perennial moneymakers, and chant incantations for rendering customers intensely loyal under your ...

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The Decade's Top Performing CEOs

I was intrigued when I read on the Harvard Business Review web site “Do we celebrate the wrong CEOs?” The article quickly pointed out that many of the best known CEOs – and often named as most respected – didn’t come close to making the list of the top 100 best performing CEOs. Some of those on Barron’s list of ...

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Four Perfect Situations for Brainstorming

While there are innumerable reasons for hosting a brainstorming session, the purpose for meeting can be summarized with four situations. They are the need to meet to: Fix Something Broken / Problem Solving Grow Something Get Ideas / Fill Idea Pipeline Innovate / Make Something New (1) Fix Something Broken / Problem Solving This is what is traditionally thought of ...

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Realistic Impossibilities

Being on the wrong end of the continuum between realistic and impossible is what plagues many of today’s large multi-national corporations. The fear of failure by employees who are only partially engaged and don’t entirely feel like valued members of the team, will always translate into goals and ideas that are mediocre and achievable and never ones that are innovative ...

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Innovation, Invention and Entrepreneurs

After all I read on the blogs and on Twitter, and all the new innovation programs and initiatives in state and local governments, I feel the need to revisit the definitions of these key words. While innovation, invention and entrepreneurs are important and somewhat interconnected, they aren’t synonyms and they have different needs, intents and purposes. Whether accidently or on ...

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Do you have an innovation blind-spot?

My experience with most executives and entrepreneurs is that they are totally committed to and focused on success. As a result, many of them tend to have a major blind-spot (translation: weakness) when it comes to the anticipation of set-backs. While this is understandable, it is nonetheless naive, and it constitutes a major flaw in the business logic of most ...

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Value Networks and Innovation

Today I will tell you why it is so hard for you to get your innovative new idea to spread quickly. Well, one of the reasons, at least. It’s because the economy is so interconnected. This is a bit counterintuitive – after all, I was just telling you how we can use networks to spread ideas. The good side of ...

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Saving Curiosity from the Guillotine

This great topic was raised by Arthur Lok in a discussion in the Innovation Management group on LinkedIn. It made me wonder and reflect on my own level of curiosity, what this term means to me and how it effects innovation. I think we lose our sense of curiosity as we begin to build a power base that we feel ...

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Emerging Computing Paradigms

HCI (Human-Computer Interactions) science is fast evolving to deal with emerging computing paradigms. Today it is a little Cognitive Science and AI, a lot of anthropology and Social Psychology. HCI is a fascinating discipline; the field has its origin in the 80s primarily in computer science and cognitive psychology. Today it exists in a confluence with design as a discipline ...

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