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LATEST NEWS

• What Is More Important? First-Mover Advantage or Strategic Competitive Advantage? (5/10/2012) - In a recent article in the Washington Post (link shown at bottom of this article), the author discussed the merits of Google’s frequent innovations, and recognized that sometimes Google is the first mover and sometimes it is not. For example, Google Drive looks like any other cloud storage solution—there are numerous choices out there such [...]
• Collaborate And Innovate! (3/26/2012) - The typical business startup struggles mightily to get off the ground, first needing to obtain significant funding, then reach critical mass, and eventually be considered a commercial success. We all know that the odds of success are not good, but that does not stop the entrepreneur who is launching “the next big thing.” The typical [...]
• Where the Heart Leads, the Head (and the Wallet!) Will Follow (2/11/2012) - Identifying and evaluating market potential of very early stage innovation opportunities is definitely more art than science. As such, it is difficult to have an algorithm that says “input A leads to result B if conditions C are present.” However, an assessment of whether an idea has a “heartbeat” can often lead to opportunities that [...]
• Crowdsourcing Innovation Versus The Economics of Elitism…Which Is Better? (1/28/2012) - An article in the New York Times (http://bit.ly/deyDN8) discussed the innovation process at Apple. Clearly the process began and ended with Steve Jobs. And clearly Mr. Jobs was a creative genius. He also had a lot of help from top notch design engineers. As a result, Apple is perceived as one of the most innovative [...]
• Not Innovative? No Problem. Just Apply The Three I’s To Your Business (12/29/2011) - In the Corporate world, I’ve had the privilege of leading my business unit through numerous strategic planning exercises and innovation processes. I’ve found that the process of becoming innovative can be simplified into what I call the 3 I’s. INTROSPECTION – Defined as self-examination. Before you can become innovative, you (and your management team) really [...]