The World’s First Social Media Expert

Before I tell you about the world’s first social media expert, consider this: Alan Mutter has a nice review of possible pay models for news, and here is how he sums things up (Free Advice on How to Charge for Content): Pick a system, any system. Or make up your own. It won’t matter what […]

Creating Value Through New Connections

Tim does a really nice talk on the invention of the computer and he has posted the slides on this blog. While he uses the story to discuss the difference between innovation and invention, I think there are a lot of other really interesting lessons here. Firstly, I’d like to add to Tim’s story by […]

Innovation: The War of Ideas

Innovations are ideas. Even if your innovation is a new gizmo, it is essentially an idea. Once you have a great idea (by making a new connection), you have to figure out how to get it to work, and once you’ve done that, you have to figure out how to get the idea to spread. […]

Innovate It Like Beckham

Take a look at David Beckham’s goal against Greece that sent England to the 2002 World Cup Finals: If you ask famous athletes how they do things like that, they find it difficult to explain. How can you make a ball dip a meter while curving two? Who knows? Actually, there are some researchers that […]

Three Ways to Experiment for Innovation

I think that a lot of time when we talk about the importance of failure in innovation, people think about big, major failures like the Ford Edsel and the Apple Newton. But the whole point of driving innovation through experimenting is to figure out ideas that won’t work early. We want to find our failures […]

The Exercise Equipment Theory of Innovation

I’ve been thinking of the issue of process versus tools, and I thought of a good analogy. Innovation management for organisations is like fitness training for people. How many of you have ever bought a piece of exercise equipment because you thought that having the tool would make you more motivated to exercise? I have, […]

Three Key Ideas for Leading Innovation

I just finished doing a series of talks for the Australian Industry Group. I was on an expert panel with Kate Morrison and Roger La Salle and we discussed the topic Innovation: Where to next for your company? We spoke to 200 people over four events in Brisbane, Sydney, Melbourne and Adelaide. It was great […]

Is Business Model Innovation Just Another Name for Strategy?

If you have been following the posts over recent days you can probably guess that Tim and I have been talking a lot about business model innovation. To quote a phrase, we know business model innovation when we see it and some business model innovators such as Ryan Air and Ikea have become global market […]

How to Win in a Network Economy

The economy is a network. I’m Reading Smart World by Richard Ogle and he talks about a couple of the important implications of this. The networked nature of the economy tells us a lot about how innovations diffuse – particularly some the difficulties new ideas face in getting adopted. It sheds light on some questions […]

Sustainable Business Model Innovation?

I had a meeting today with Terry Cutler, and he told me about a couple of interesting examples of business model innovation. The striking one comes from Chile. As in many other countries, Chile’s old-growth rainforest has been severely depleted through logging and land-clearing. There have been major international protests against the logging practices of […]

The Importance of National Innovation Systems

One topic that I’ve done quite a bit of academic research on is Innovation Systems (National, Regional and Sectoral), but strangely, I haven’t written much about it here. However, over the weekend I saw a recent report released here in Australia called Management Matters in Australia (the summary is here, and you can also download […]

What’s the Best Idea?

Over the past couple of weeks I’ve been participating in an innovation jam organised by Kate Morrison from Vulture Street Innovation Services – it’s been a fascinating experience. I’ve talked about jams before, but it’s been great to get deeply involved with one. I’ve been thinking about this one through the aggregate, filter and connect […]