adapting to disruptive change

Yesterday I wrote about how Western Union decided not to invest in telephone technology back in 1880. After posting, I sent this off over twitter: An #innovation lesson from the story of Western Union & the telephone http://ow.ly/HBvt About an hour later, that post got retweeted: Good story, good lesson: RT @timkastelle: An #innovation lesson […]

Seeing what’s coming

When Alexander Graham Bell developed the telephone, he offered to sell the patent to Western Union. He knew that getting the idea to spread was the hardest part, and he figured that a big firm that was already in the communications industry would be better equipped to get the idea out there. This was part […]

If we were starting today, would we do this?

If we were starting today, would we do this? A perfect question to ask for business model innovation from journalist Jason Fry in a recent post (hat tip to Mark Coddington). Fry looks at some of the issues facing newspapers these days, and decides that the entire model needs to be rebuilt from scratch. I […]

the innovation strategy of flowers

That’s a grevillea from our front yard, and I took that picture in the dead of winter. Admittedly, the dead of winter in Brisbane is not exactly harsh, but when I shared that picture with friends in North America and Europe, they still thought it was pretty odd to see such a beautiful flower in […]

probabilities

This might not make much sense to all the readers here in Australia, but I’ll give it a go – an interesting thing happened in the Monday Night Football this week – the Patriots lost after failing to convert a 4th and 2 on their own 28 yard line with a couple of minutes to […]

Reflections on Remembrance Day

A few years ago, on a holiday in France, my wife and I visited the Somme battlefield near Amiens to see the grave of her great uncle, Alfred Gaby, who had been killed during the final months of the first world war. After visiting the cemetery where he was buried, we then drove back along […]

“the rules”

Nancy and I were chatting with Phil Long over the weekend about some of the barriers to innovation that we run into at our university. We concluded that some of the biggest ones come from slavish adherence to the Handbook of University Policies & Procedures (the HUPP). I’m not saying that organisations shouldn’t have rules. […]

looking for a vacuum

Lee Sigelman wants to know why smartphones don’t have keyboards that look like this? That’s the Dvorak keyboard, and by all (well, most) accounts you can touchtype significantly faster on one of those than you can on a qwerty keyboard. The persistence of the qwerty keyboard is the poster child for the idea of economic […]

what happened to Argentina?

Edward Glaeser has written a couple of posts over the past week looking at Argentina on the Economix blog for the NYT. It’s an interesting topic. Argentina was a wealthy country at the start of the 20th century, but by almost every conceivable ecnomic measure available, it is much worse off now than it was […]

the three stages of innovation strategy

Here are the slides + audio for the talk that John gave today at the Brisbane Innovation Network meeting: The Three Stages Of Innovation Strategy View more presentations from Tim Kastelle. There were a few key points that John made. The one that really jumped out for me was the issue of time. This process […]

but that was MY idea!

I’m not sure if this is just a normal evolutionary step, or if maybe it is just peculiar to a few of the firms that I’ve spoken to, but it seems like often when an organisation decides that it needs to be more innovative, the first step is to try to become more ‘creative’. Consequently, […]

innovation in plentiful times

One of they key drivers of an increasingly low price for many items is that we are now in a time of plenty. As the marginal cost of many technologies approaches zero, they become too cheap to meter, and effectively become free. This is another of the key ideas in Free by Chris Anderson, and […]