Patently Obvious – Sept 2011 Update

September 28, 2011

A new law signed by President Obama this month could mean a speedier patent approval process for inventors across the country. The Leahy-Smith America Invents Act, regarded as the most sweeping patent law in 60 years, was passed on September 16, 2011. The law awards patents to the first person to submit an application, adopting the first-to-file over the first-to-invent system. The objective is to reduce lawsuits and streamline the patent process. “Somewhere in that stack of applications could be the next... Read more »

Innovation: You Know You Want It, Now How to Implement It?

September 20, 2011

“Successful innovation is turning ideas into money,” as Innovation expert Nic Hunt so distinctly and accurately describes. Innovation is the ability to convert ideas into value for your company, customers and shareholders. Successful innovation is not a one time deal, but a process that delivers sustained, long term profitability. Any company can develop one or two innovations over the course of time, but having a focused vision will deliver sustainable innovation – producing profitable results for... Read more »

Innovation + Best Practices Win Race to South Pole – and Business Improvement: Revisited

September 13, 2011

This blog was originally posted back in February, but the story of theses events was recently revisited in great detail in the September issue of National Geographic. By Robert F. Brands One hundred years ago, two men set out on a Race to the South Pole. Both Englishman Robert Falcon Scott and Norwegian Roald Amundsen were experienced explorers. They knew the polar conditions of Antarctica. They knew with reward came inherent risk. Their shared tale is one about best practices versus innovation.... Read more »

Should You Reward Bad Ideas?

September 6, 2011

Some ideas are crazy. Some are underdeveloped. Some will fail. How can you deal with them without squelching your employees’ creativity? True or false: There’s no such thing as a bad idea. Of course bad ideas exist. In retrospect, the AOL-Time Warner merger was not the wisest idea. Neither is photocopying your face. But ask any number of innovation experts and they’ll all give you a different answer. Of course there is such thing as a bad idea. Or:Every idea has its merit. Or: It depends… Within... Read more »