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Innovation Lessons from the Rise of Tesla Motors

By on 15 May 2013 in business models, evolving economic entities

I’m in Palo Alto right now, and electric cars are all over the road. This is a pretty good sign that they are traveling up the innovation diffusion s-curve, and are coming soon to a road near you.

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Do You Really Know What Business You’re In?

By on 17 April 2013 in business models, evolving economic entities

In 1993 you needed a phone, a laptop, a camcorder, a palm pilot, a watch, a walkman and a pager to do most of what you can do today with your smartphone. That’s amazing, and there are some important innovation lessons that follow from this.

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Innovation Challenge: Your Market is Never Stable

By on 15 April 2013 in business models, evolving economic entities

Change is one constant in business. The evolution of operating system market share demonstrates some important lessons for innovating in a constantly shifting environment.

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We’re All in the Knowledge Business Now

By on 19 February 2013 in business models, evolving economic entities

Many people think that their industry is immune from the disruption that we are seeing in music, news and books. However, we are not too far away from seeing every industry becoming knowledge-based. This has big implications.

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Innovating by Going Backwards

By on 5 December 2012 in design, evolving economic entities

We often picture innovation as a relentless forward march of progress. But sometimes, we can make a significant forward leap by first taking a step backwards. Here’s a small case study that shows how.

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Innovation for Growth

By on 29 November 2012 in evolving economic entities, innovation strategy

Why all this talk about innovation?  I get that question a lot. The reason that I think innovation is important is that it is the driver for growth.  Consequently, we’re changing the name of the blog to Innovation for Growth. Here are some of the reasons that I think it’s important to link innovation with [...]

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The Four Stages of Responding to Disruptive Innovation

By on 13 November 2012 in business models, evolving economic entities

How should respond to potentially disruptive innovations? If the first response is ridicule, followed by aggression and bargaining, then you could be in trouble.

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Are eBooks Really Books?

By on 29 August 2012 in complex systems, evolving economic entities

If I am fortunate enough to get promoted again, I’ll face a choice. My position can either be Associate Professor, or Reader. It will still be a while before I have to make that choice, but Reader is a pretty tempting title. Why would an academic be called a Reader? It comes from the days [...]

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The Right Idea at the Wrong Time is Still Wrong

By on 28 August 2012 in business models, evolving economic entities

You may remember Webvan, probably the most spectacular flame-out in during the tech boom in the late 90s. If you don’t, Nicole Perlroth describes their blowup for Forbes: Of Web 1.0’s most memorable implosions, Webvan still takes the cake. The online grocer raised $375 million in an IPO, descended upon eight major U.S. cities, peddled [...]

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Smart Tech Needs Smart People!

By on 8 August 2012 in complex systems, evolving economic entities

We see many systems these days where all of the intelligence in the system is embedded in the technology. Some examples: Driverless vehicles, in mines and on the streets. Highly sophisticated prosumer cameras. Most tablets – they can’t be programmed at all, really. High speed stock trading. When I talked about this recently, I made [...]

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Where is the Australian Facebook?

By on 9 July 2012 in complex systems, evolving economic entities

“Sell enough of this software so that we get bought by Microsoft.” That was the task I was given in the startup I joined in my last job before I entered academia. I guess the fact that I’m writing this now tells you how effective I was at meeting that goal… You can actually date [...]

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Procter & Gamble – Using Open Innovation to Become a World Class Innovator

By on 30 May 2012 in evolving economic entities, The Innovation Matrix

Note: This is part of a series of posts discussing The Innovation Matrix. See this post for a description of the full model and what can be done with it. We can use The Innovation Matrix to help us understand how the innovation capability of firms evolves over time. A great case study in this [...]

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