Creating Cross-Divisional Innovation Cohesion

March 21, 2011

R&D, Marketing, Sales, Finance, IT – you’re familiar with the most common departments within a standard company, and have likely been involved with one or more. You know it can be a real challenge for unalike minds to understand where each other is coming from regarding any number of topics within a project. As an owner, you have to be the champion – the true driver of the process in order to create cross-divisional cohesion removing the silos. First and foremost, never underestimate... Read more »

The Five Myths of Innovation

March 16, 2011

  Three authors writing in the MIT Sloan Management review claim to have uncovered 5 ‘myths of innovation’.  In brief they are:   1.  The Eureka Moment.  Many people think that innovation is based on a blinding flash of inspiration but the truth is more prosaic.  Innovation is 5% inspiration and 95% perspiration.  Most companies have plenty of good ideas but have poor processes for evaluating and developing the best ideas. 2.  Build it and they will come.  The proliferation of... Read more »

Ten Principles Which Spell Continuous Innovation

March 9, 2011

Many people have tried to define a process for innovation, but most are too abstract for me. I like the easy to remember approach found in “Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival,” by Robert F. Brands. It seems to be more concrete, and chronicles several decades of practical experience to solidify the principles which together spell INNOVATION. Read more: http://www.businessinsider.com/ten-principles-which-spell-continuous-innovation-2011-3#ixzz1G8RsQjuJ  Read More →

The Ethanol Myth and Innovation Gone Amok: Some ‘Improvements’ Demand Serious Questions

March 7, 2011

Next time you fill up at the pump, check for a new sticker: “Contains up to 10% Ethanol.” It represents “innovative” efforts by Big Oil, Big Agriculture and Big Government to make a dent in America’s consumption of greenhouse-gas producing fossil fuels – and foster a move toward renewable, green energy. Transforming corn into ethanol for use our vehicles was sold as a win-win. We boost business for farmers and create energy independence (at up to 10% of each fill-up at a... Read more »