Nancy and I were talking about a kind of strange newspaper article that her sister sent her discussing the upcoming release of the DSM-V (the official diagnostic manual for mental illnesses). The author of the article was a psychiatrist advocating going back to the 19th century definition of depression – melancholia. I joked that we […]
We’ve talked quite a bit about the situation in which the news industry currently finds itself. It is interesting because it is an industry in the middle of massive disruption, which makes it a great case study. Consequently, lots of other people are talking about it as well. This week I tweeted abougt two stories […]
A patent is not a business model, and we need to stop acting like it is. One of the statements at the Australian Association of Angel Investors Annual Conference that really rubbed me the wrong way came from a person in a university technology transfer office who said something like: “Open innovation is dead. It […]
Innovation 1.0: A guy in his garage Innovation 2.0: A team in their research lab Innovation 3.0: People – dispersed….. everywhere! And we’re going to skip right over Innovation 4.0 – Innovation 6.0 to introduce the best, most up-to-date, most exciting version of Innovation yet – yes, that’s right: Innovation 7.0!! If you’re using Innovation […]
Here are some thoughts on ‘design-driven innovation’ versus ‘design as making things look cool’: Design-Driven Innovation – Nespresso from Tim Kastelle on Vimeo. And here are some related points: We often think of design as making stuff look cool, but when we talk about design-driven innovation, we’re actually talking about creating new categories of goods […]
We often think of art as being innovative by its nature – but what about curating art? A couple of weeks ago Nancy and I went to a talk Amanda Pagliarino, the Queensland Art Gallery’s Head of Conservation. She was discussing some the challenges that her team faced in getting all the exhibits ready for […]
What is the biggest challenge facing an entrepreneur? There’s coming up with a great idea, which can be hard. There’s finding funding, which is definitely a challenge. There’s getting your idea to work, and we’ve been arguing here for quite a while that execution is critical. But I think that the biggest challenge is actually […]
Innovation is all about executing ideas so that they have economic or social value. John and I have both talked frequently about how many firms overemphasise generating ideas when they try to increase innovation. When they make this mistake, they end up with a lot of stockpiled ideas, but the amount that they have successfully […]
The biggest problem with the idea of ‘networking’ is that it is a bad idea. Why? Because as it is usually practiced, networking consists of going out and making a whole bunch of new connections, and then hoping that something good will come of them. It is much more productive to think about your position […]
We had some rain here over the weekend. Here is what was reported in yesterday’s Australian Financial Review (emphasis added): Heavy rains fell across NSW and south-east Queensland over the weekend, which flooded homes and roads, brought down trees and caused motor accidents. But in good news for Sydney, 115 millimetres of rain fell across […]
