One of the important ideas that follows from managing innovation as a process is that to be successful at it, you need to manage a portfolio of different innovation initiatives. This means that you need to have a mix of incremental and radical innovation ideas. One good way of building an innovation portfolio is to […]
Andrew Keen posted a fascinating interview with Jeff Jarvis yesterday. All of the interview clips are worth watching – they touch on a number of interesting topics, including the relative benefits of publicness and privacy, the future of news and how to best develop new business models for journalism, why google struggles with social applications, […]
One of the consistent messages from innovation surveys is that customers are a major source of innovation. Sometimes customers with more extreme uses for products will adapt products to suit their purpose and then the manufacturers find out what is happening and take these adaptations on board. If you’ve seen the videos of big wave […]
A few weeks ago, the Australian Financial Review published an article discussing how Australian employers value job candidates with an MBA. The short summary is: they don’t value MBAs at all. One headhunter was quoted saying something along the lines of “most employers say that if you have to choose between getting an MBA or […]
I spent a very enjoyable day today working with a group of people that basically act as innovation consultants. They each work with firms in order to help them develop and embed innovation processes. In the course of the day, several of them said something that went something like “we’re not sure how their innovation […]
Check Kevin Rose‘s of the Dodocase for iPad, one of the more gorgeous things I’ve run across recently: Schumpeter defined innovation as the formation of new connections which drive economic growth. In The Nature of Technology, Brian Arthur reinforces this idea by saying that all new economic ideas build on the combination of things that […]
Mitch Joel points to this excellent video by Henry Jenkins, which outlines some of the key points from his book Convergence Culture: Mitch uses this to point out the importance of storytelling in marketing: The brands that win are the brands that tell a great story. When it comes to transmedia storytelling, the brands that […]
Last week Tim and I were at the launch of the inaugural “Brisbane Innovation Scorecard”. It was a really nice event with 200 people in the room for lunch with many high-profile speakers. I have been involved with the project since March and its amazing to see something go from a small concept to such […]