Keep Your Cool. Speed Can Kill.

I recently came across an interesting quote from Michael Schumacher, the seven-time Formula One champion. He said, “To perfect things, speed is a unifying force. To imperfect things, speed is a destructive force.” Business, like auto racing, is a world of imperfect things. Always has been. But as the pace of change continues to increase, both the danger and the ...

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Rewarding People for Helping the Planet

by Kevin Roberts If guilt is the gift that keeps on giving, here’s an easy way to break its grip. We’re all aware of the things that we can be doing to improve society, the community, the environment – but frequently we don’t get around to activating this desire, usually because it involves sacrifice or getting around some inconvenience. Recycling ...

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Is Tide Basic an Innovation?

Adam Hartung, Managing Partner of Spark Partners, a strategy and transformation consultancy, asked this question on LinkedIn: “Do you think “Tide Basic,” a less-good formulation, is an innovation? Isn’t innovation about making things better and cheaper, not just cheaper?” The genesis of the question is a story in the Wall Street Journal describing why P&G recently rolled out Tide Basic. ...

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Unexpected Inspiration

Sometimes, try as you might, it’s impossible to focus on the task at hand. When you can’t focus, one alternative is to accept the mental roadblock and actively look for another time (perhaps an unconventional one) where you can shift the activity and your creative energy. At dinner recently, we had a very specific business topic (that had been hanging ...

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Innovating Health Care with S.I.T.

(The LAB: August 2009) by Drew Boyd Health Care Reform, as the U.S. government sees it, promises lower costs, better access, and improved quality for all. Let’s apply a structured innovation method to health care to see if we can achieve some of these goals. For this month’s LAB, we will apply Systematic Inventive Thinking to the hospital discharge process. ...

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How Not to Implement Open Innovation

Let me start out by saying that it is purely accidental that I am lashing out at Campbell Soup Company in this blog post. It could have been several other companies as Campbell has not really done things that have not been done at other companies that set up programs to accept innovative ideas from external sources. While their intentions ...

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Personal Innovation – Profiting from Uncertainty

How can you ensure that in turbulent times you not only survive the organizational restructuring but actually benefit by it? Most businesses are having to change not once but over and over in order to meet the challenges of recession, competition and technology convergence. Some changes are all about cutting costs, although they may be called something else. Others are ...

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Speed or IP Protection?

While the security aspects of intellectual property (“IP”) are often sacrificed for speed to market considerations in today’s world of mash-ups and knock-offs, I believe when it comes to IP it is possible to have your cake and eat it too. The protection of all forms of intellectual property (“IP”) should constitute common sense and require no real explanation, however ...

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Building Innovation Networks

According to David Strom, a web/tech expert… “Burger King ran a promotion not too long ago where they asked people to defriend 10 Facebook friends in order to get a coupon for a free burger. They were swamped with thousands of requests, thereby establishing the value of a friend at somewhere around a quarter. That is pretty depressing. I always ...

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