My Thoughts on Silicon Valley + blog under construction

The blog will be under construction this weekend as I work with Todd Lohenry from e1evation to upgrade the site. Todd does fantastic work, and I recommend him highly. In the meantime, the latest online update to the UQ Business School’s Momentum magazine includes an interview with my discussing my thoughts about my recent trip […]

The Worst Innovation Quote Ever

Here’s my candidate for the worst innovation quote ever: Now, to be fair, it’s actually a paraphrasing of Emerson. Or, to be more accurate, a misquote. Nevertheless, it reflects a very common innovation misconception – that it’s all about the idea. Andrew Hargadon has written a terrific post on this topic, which I encourage you […]

Are eBooks Really Books?

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 […]

The Right Idea at the Wrong Time is Still Wrong

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 […]

Apple is a Manic Pixie Dream Firm

The Manic Pixie Dream Girl Nancy and I saw Ruby Sparks last night, and really enjoyed it. It’s written by Zoe Kazan, who also stars, and it absolutely skewers the Manic Pixie Dream Girl trope. Nathan Rabin defined Manic Pixie Dreams Girls (MPDG) in his review of Elizabethtown: The Manic Pixie Dream Girl exists solely […]

Smart Tech Needs Smart People!

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 […]

Mistakes versus Experiments

One of the reasons that people try to avoid failing is that it seems like they’ve screwed up if they fail. This can certainly be the case, if your failure is major. But if you set up experiments to test ideas out, and you learn from them, then failing can be very productive. Here is […]

Where is the Intelligence in Your System?

As industries mature, they distribute intelligence differently. What do I mean by that? Here’s a diagram that I sketched out when I was at the CEEC Workshop last month: It shows that we can build intelligence about the system in two places – in people or in technology (which can be any kind of tool). […]

Where is the Australian Facebook?

“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 […]

Schumpeter & Keynes on an Innovation Dilemma

John and I were talking last week with a CEO for whom we were doing some consulting. His firm had gone through some major stress during the project when their primary customer switched suppliers. The company is remarkable – they are in a traditional industry with a history of poor workforce relations. Despite this, they […]

Are You Entering a Market or Building One?

There is a huge difference between entering an existing market and building a completely new one. To see an example, check this out – it is the very first Apple product, which Andrew Chen writes about in a terrific post: You can see why IBM didn’t view personal computers as any kind of threat to […]

Why Don’t We Use What We Know?

Two Major Innovations, Two Different Outcomes In the 1850s, infection rates in maternity wards were very high, and this was a big problem. No one knew why, and no one knew how to fix it. Ignaz Semmelweis wondered “what if everyone washes their hands before the come in contact with patients?” It was an experiment. […]