8 things successful companies have in common

8 things successful companies have in common

Entrepreneurs aren’t immune from harsh reality but successful businesses have a number of things in common Always be qualifying There are millions of problems out in the world today that affect individuals, businesses, nation states and humanity as a whole and all of them have different impact levels. Problems can be as simple...

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How to unseat an incumbent

How to unseat an incumbent

As someone who has successfully built a variety of businesses from nothing but a concept, the most recent being the 311 Institute, I am only too aware of how it can sometimes feel like you’re trying to scale a cliff to get to reach the customers at the top. You’ve...

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How to build a high performance innovation team

How to build a high performance innovation team

The world we live in is changing at a dizzying rate and sectors including the energy, technology, entertainment, communications, finance, sports, manufacturing and engineering sectors are all experiencing change on a seismic scale. Many of the innovative advances of the past ten years, from smart phones to digital cameras have...

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Everyone can learn how to innovate

Everyone can learn how to innovate

In today’s world there are far too many people who feel that the creative spark is just that. Over the past few years I have worked with hundreds of individuals and teams who have all felt that even mild incremental secondary innovations are beyond their capabilities but I’ve found that...

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Innovation. Less brainstorming, more thinking

Innovation. Less brainstorming, more thinking

Most surveys today indicate that Research and Development executives are frequently disappointed in their ideation exercises and that they commonly complain that ideas aren’t actionable, aren’t relevant or simply aren’t economical. They also complain that ideas are insular, vague and can’t be scaled for the real world but ultimately it...

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Using a War room to create disruptive innovations

Using a War room to create disruptive innovations

Your teams did their market research. They ran an array of consumer insight sessions. They found the customers real Need. They ran professional ideation and storyboard sessions. They created prototypes and performed market tests. They developed their go to market strategy. They executed their plan. Product sales fell dramatically short...

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Using open innovation to gain first mover advantage

Using open innovation to gain first mover advantage

People keep asking me to define open innovation so it’s clear to me that plenty of confusion still reins around the topic so here I spend some time trying to ensure that we are all on the same page  about how it’s defined and how it ultimately relates to other terms such...

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When you can’t innovate copy

When you can’t innovate copy

Nothing breeds copycats like a successful business venture. When a new business idea is incubated and executed successfully, cloners naturally emerge and imitate. To mitigate the investing risks associated with eroding market opportunities due to copycats, investors always look for companies with strong competitive resilience or those that are operating...

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