The HOW and WHY of Innovation

Innovation is difficult because it demands new work. But, at a more basic level, it’s difficult because it requires an admission that the way you’ve done things is no longer viable. And, without public admission the old way won’t carry the day, innovation cannot move forward. After the admission there’s no innovation, but it’s one step closer. After a public ...

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Do You Have What it Takes to Dream Big?

Five things that will bring your dream to life and keep it alive. At the risk of sounding arrogant my view is that the world consists of two fundamental personalities, those who persevere and simply refuse to give up on their dreams, and those who give in to fear, uncertainty, and doubt and walk away from their dreams. That’s not ...

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The Opportunity Cost Of Not Innovating

It seems to be ingrained in businesses to ask, “what’s the cost?” when considering a new innovation, but rarely do they ask, “what’s the size of the opportunity we miss if we don’t do this?”.   Business history is unfortunately plagued with examples of companies that have paid a high price for not innovating. Such as AT&T missing the mobile ...

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Revenue Model Innovation Exercise

One generative exercise for any CPG company to explore growing market share is to hold a session where a team role plays a wide array of alternative revenue models for a particular brand. As far as the ground rules for this ideation session, any ideas should be welcomed—and the cultural antibodies of HOW WE HAVE ALWAYS DONE THINGS need to ...

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A Manager’s Guide to Disruptive Innovation – Part 2 of 2

If you missed Part 1 of 2, you can find it here. Philippe Silberzahn, a consultant, keynote speaker, and associate professor at EM Lyon Business School, works with large companies confronted to disruptions in their markets: it was natural that he summarizes the mechanisms of disruption,  in his book A Managers’Guide to Disruptive Innovation capitalizing on the various books of ...

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How Doctors and Patients Can Win the Fourth Industrial Revolution

The Fourth Industrial Revolution is a mental model created by the leaders of the Joint Economic Forum and describes how physical, digital and biologic technologies have collided and the resulting challenges and opportunities that presents. Here is how AI is changing sick care. Here is how 3-D printing is changing sick care. Here are the opportunities using VR/AR in sick care. Google and ...

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