Using digital tools correctly isn’t a technical problem – it’s a strategy problem. Digital needs to be part of a well thought-out customer-based strategy. A report from John and colleagues gives some ideas on how to approach this problem.
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.
The startup Thumbtack hired a full-time chef a few years ago, and it transformed their business. It’s a great story of unintended business model innovation that we can learn from.
Business model innovation is relatively easy to do when you’re a startup. But it’s also a really important skill for established firms to build. In this post I discuss why, and how to approach it effectively.
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.
Change is one constant in business. The evolution of operating system market share demonstrates some important lessons for innovating in a constantly shifting environment.
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.
Ralph Ohr & I met up at the end of last year and talked a lot about the state of innovation. These are the four issues that we identified as the ones that we think are the most important/interesting in the field right now.
If someone tells you that they don’t have any competitors, that is a major danger sign. That’s what the startup I worked for thought, and it’s part of why we blew up. You always have some type of competition.
Wouldn’t it be great if you could do customer service like Zappos? Or design like Apple? Or innovation like 3M? Who wouldn’t want to be like those firms? Well, it’s not so simple. Barry Dalton wrote an excellent post called You Can’t Be Zappos (and why would you want to be?) addressing exactly this issue. […]
How should respond to potentially disruptive innovations? If the first response is ridicule, followed by aggression and bargaining, then you could be in trouble.
Here’s a list of forty different ways that we can innovate. When we start to combine them, we can come with thousands of potential ways to structure our innovation process. Innovating the way we innovate is a huge opportunity.
