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Great Leaders Keep Cool Under Fire

My grandfather had an old saying when I was growing up, “Never burn a bridge." At the time, I thought it was a strange saying. It was only later that I realized what he was saying. No matter how someone treats you, don't get angry and never

Great Leaders Keep Cool Under Fire

Innovation Savings: Your Input Cost

There is a reason that the percentage in this question is as high as it is. Sure, it would sound less scary and more reasonable if I asked you how you could cut your price by 5 percent, or maybe 8 percent, but that would be missing the point. If you want potentially game-changing moves […]

Input Cost

Innovate for Time-sensitive Customers

My wife loves to look for travel bargains. Her main goal is to save money, and she considers spending several hours comparison shopping a fair tradeoff for savings. I’m kind of the opposite; in the very rare instances when I have to make my own travel plans I all I want is to find the […]

Customers

Innovation Process: Develop…Then Design Later?

In the traditional R&D process, the product is developed and then handed off to the design team to “wrap” it and make it look pretty. The drawback is that this approach is out of date; in the last ten years consumers have become much more design-savvy. Consumers want functional, usable design that h

Innovation Process: Develop…Then Design Later?

Innovate and Design over the Competition

No matter what business we are in, we are all fighting essentially the same fight—designing a product that a customer will prefer over that of our competitor. To do this, we need to constantly be aware of how our business environment is evolving, how our customers are changing, and what we need to m

Design Over Competition

Make Your Innovation Idea Happen, First!

A few years ago I saw a website offering a product called After the Rapture Pet Care. It claimed to offer a service for Christians concerned about the welfare of pets that would be left behind after the Day of Judgment. Subscribers were promised a network of non-Christians who’d swoop in, collect pe

Innovation Idea

Find A Way To Say ‘Yes’ To Non-Obvious Ideas

The world is made up of ‘yes’ people and ‘no’ people. We need more optimistic — more hopeful people who find a way to say yes to non-obvious ideas. During Thomas Jefferson’s presidency in the early 1800’s, he and a group of travelers were crossing a river that had overflowed its banks. Each man cros

Say Yes

Find A Way To Say 'Yes' To Non-Obvious Ideas

The world is made up of ‘yes’ people and ‘no’ people. We need more optimistic -- more hopeful people who find a way to say yes to non-obvious ideas. During Thomas Jefferson's presidency in the early 1800’s, he and a group of travelers were crossing a river

Find A Way To Say 'Yes' To Non-Obvious Ideas

Innovate to Get Ahead of the Competition: The Sputnik Moment

On October 4, 1957, Russia launched a beach-ball-sized satellite named Sputnik, which orbited the Earth in just over ninety-six minutes. The previous frontrunner in the space race, the United States, was now the runner up. Our only competitor had trounced us, seemingly out of nowhere. A month later

Sputnik

Innovate and Adapt to The Changing Customer Base

Lately I’ve been hearing a lot about the impending retirement surge caused by baby boomers finally leaving the workplace and how it will affect changes in the tech industry. The combined worth of this market segment is roughly in the $2 trillion bracket. That’s a lot of disposable income—and a lot o

Customer Base