Category: Innovation

Recent Read: “A More Beautiful Question” by Warren Berger

In the world of business, as in many others, answers (and answerers) get all the glory. We like answers: they give direction, settle arguments, erase doubts, and do many other useful things. Questions, especially in business, are not so popular. Strong questions can confuse direction, start arguments, give birth to doubts, and generally annoy (managers

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HBR: How Likely Is Your Industry to Be Disrupted? This 2×2 Matrix Will Tell You

Thought-provoking strategy piece on HBR.org is worth a read. Some highlights: To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. For the former, we examined the presence and market penetration of disruptor companies; we also considered

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Are We Running Out of Innovation?

I come across a lot of interesting writing in my work, but I have to note that one of the most thought-provoking scholarly pieces I have read recently is the working paper published earlier this year by Nicholas Bloom, Charles I. Jones, Michael Webb (all Stanford) and John Van Reenen (MIT). Their paper is entitled, Are Ideas Getting Harder to Find?, and both the question they pose

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Innovation In Action Series #4: The Innovation Value Model

In past posts in this series I addressed briefly some of the most critical issues corporates should think about when starting an external innovation effort that will focus on startups. In this last post, I address the issue of value creation, which is perhaps the least understood and least defined aspect of most corporate venturing projects at their outset.

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Innovation In Action Series #3: The Innovation Engagement Model

In the first post in this series, I discussed the importance of having a well-defined innovation agenda. The second post discussed the impact of intellectual property on innovation. In this third post, I will discuss another often-overlooked dimension of innovation. I’ll start my discussion by recapping a call I received from a senior executive in the U.K. to discuss an innovation

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Innovation In Action Series #2: How Intellectual Property Strategy Impacts Innovation

In my first post on innovation, I discussed the importance of understanding the four types of innovation agendas and the impact each agenda has on corporate open innovation/collaboration efforts. In this post, I will cover briefly the issue of Intellectual Property (IP)in the context of corporate open innovation efforts. As anyone who has been involved in

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Innovation In Action Series #1: Setting The Innovation Agenda

In my work, I am involved in many discussions with executives on the topic of open innovation in a corporate environment. Across those discussions, certain themes have emerged that highlight to me the different challenges that corporate innovators face from those facing startup leaders. I have also noted that while a lot of articles are aimed at those innovating within

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What’s Disruptive Innovation? The Idea’s Creators Think Your Answer Is Probably Wrong.

The latest issue of the Harvard Business Review contains a very interesting debate currently taking place between Clayton M. Christensen, one of the originators (along with Joseph L. Bowers in a 1995 HBR article) of Disruption Theory  (“DT”), and some HBR readers. It’s actually quite a relevant discussion, since the concept of disruption has become such an ubiquitous and influential idea in business. Christensen’s (and his co-authors Michael

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Uber’s Brave New World: What Happens When Your Manager Is an Algorithm

On Tuesday night, I participated in a discussion panel at the University of Maryland on current and future innovations in Supply Chain Management (SCM). While most of the topics we discussed were positive developments, I did warn that some SCM advances have aggressive characteristics, by which I mean that they have the capacity to harm certain human populations that they affect. I

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