I got this formula from a presentation that Professor Roy Glen gave on Fostering Innovation.
(VxTxI)/S= Innovation
The amount of Variety times the number of Trials times the search Intensity, divided by the Selection process equals successful Innovation.
Variety refers to the source of the *raw product* that you start the innovation process with. This could […]
How are we expected to keep up with the speed at which information is coming at us?
Do you binge, like a tourist at a Vegas buffet?
Or do you purge and limit yourself like a super model?
Most people take one of two routes:
Binge until they burnout and then purge. Then like the […]
As I’ve been talking with companies about why they should be blogging (demonstrate expertise, SEO, project management, knowledge management) one reason struck me the other day as probably THE best reason to blog:
Blogging Makes You Smarter
It will make you, your employees and your entire organization smarter.
If you think about the creative process, we go through […]
“Eventually I realized that the world is getting more complex at an ever more rapid rate, that complex problems have to be dealt with colllectively and that our collective ability for dealing with them is not improving nearly as fast as the complexity is increasing. The best thing I could think of doing was to […]
“Fail Cheap, Fail Often”
In today’s exponentially competitive environment the key for a company’s survival is innovation. It doesn’t have to be the ground breaking innovation like the big tech companies strive for everyday. It’s the small daily innovations that cause that “aha” moment in each of us.
Innovation comes from creating friction within your organization. […]
There is a “perfect storm” coming to American businesses.
Trust - People’s trust is at an all time low (and for very good reason). This doesn’t just effect customer relationships, but also employee, partner and stakeholder relationships. Do your customers trust you? Do your employees trust you? Do you care? (If […]
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