Innovation is the process of idea management. One of the critical steps to successful innovation is getting your idea to spread. Hugh MacLeod’s outstanding new book Evil Plans has a lot about how to get your ideas to spread more effectively. One of his tenets is that we should create random acts of traction. There […]
Have you heard of Ruslan Kogan? I think he is one of the most exciting business entrepreneurs in recent years. I only got to hear about him when the major Australian electronics retailers started to complain about how unfair it was that a business could manufacture offshore and sell directly to consumers via the internet. […]
The first thing that I ever bought from the J. Peterman catalog was the Otavalo Mountain Shirt: I had discovered the Peterman catalog very early in its existence, and after getting a few in the mail, I finally bought the shirt. I quickly discovered that the quality of clothes from Peterman was very high, and […]
Guest post by Ralph Ohr There has been quite a lot of discussion recently about a post by Jens Martin Skibsted and Rasmus Bech Hansen, titled “User-Led Innovation Can’t Create Breakthroughs; Just Ask Apple and Ikea”. Their major claim is: “Great brands lead users, not the other way around.” As expected, this lead to controversial […]
Last week I was sent the Siemens report into productivity in Australia. Like the Grattan report that I wrote about a few weeks ago, it has a stern warning about the threat of declining productivity. Like the grasshoper in Aesop’s fable, Australians are at risk of squandering the wealth that is being generated from commodity […]
I’m in the middle of reading Evil Plans, the excellent new book by Hugh MacLeod, which reminded me of one of my favourites from him. I think this is a pretty good and concise explanation of business model innovation: One way or another, to innovate successfully you have to be distinctive. In other words, Hugh […]
