Experiment with your business model. What’s the worst that can happen?
When it comes to innovation, experimentation is expected except when it comes to your core business model. This is one of those sacred cows that shouldn’t be touched. The results from a well-designed experiment of business model innovation can be a real eye opener. Take Jet Blue as an example. La
Should one government encourage innovation in another country?
There are all kinds of economic development programs put in place by governments with the objective of accelerating economic growth. Not satisfied with working just in their own country, governments are now establishing innovation competitions in other countries. How far should a government go to e
Looking for funding to commercialize your innovation?
Have you’ve been looking for funding to commercialize your innovation but came up empty? One avenue that is growing in popularity are innovation competitions. If your ideas fits the requirements, its a source of innovation funding that doesn’t required you to give up any equity. One example is the r
Is your team diversity enough to create killer innovations?
On Wednesday, I will be traveling to Atlanta to give a speech on “Innovation and Diversity” to the American Institute for the Management of Diversity. Given the title and the group, you may think you know what I will be talking about but you would wrong. The topic description is: The key to unlockin
What is your innovation legacy?
One thing that I’ve been thinking about lately, especially given my recent announcement, is what will be my innovation legacy. Another person who pondered this question was Alfred Nobel. Alfred teamed up with his brother and father and opened a lab in Stockholm to study nitroglycerine. In 1866, he
Goodbye HP
Earlier today, I announced that I will be retiring from HP. This is not the traditional retirement. I’m not planning on spending my days playing golf or sitting around the house driving my wife crazy. I have far too much passion, energy and ideas to sit on the sidelines. My definition of retirement
The galley proofs of Beyond The Obvious have arrived!
Its hard to believe that the book is almost done. What started as an email in the spring of 2010 from the person who eventually became my agent, the project is nearing completion. If someone had told me how much work it takes to write book, I might have had second thoughts before starting. […]
Are we suffering from innovation overload?
These days we are under a constant barrage of innovative solutions to every possible problem we may have. Each of these innovations is the result of some team that has been chartered to come up with something that will sell. The objective for these innovation teams need to more than just any run o
All of my innovation projects work perfectly! No honest … trust me …
When I saw this cartoon over the weekend, I couldn’t help but reflect on my past experience watching people with poor leadership skills try to manage the innovation process. A telltale sign that someone doesn’t get the innovation process is they try to over manage it. They apply the same structure
Stop talking about innovation and instead get innovating.
I recently gave a speech at the annual PDS Conference (Milwaukee, WI) on the topic of Enabling Innovation: A Strength In Any Economy. In the speech, I challenged the audience (CIOs, CTOs and other technology leaders) that every group within an organization needed to take ownership of the innovation
