Innovation’s Unforced Errors

October 29, 2009

One of the top issues on senior executive’s agendas is the quest to inject a bolus dose of innovation into their businesses in order to meet continually demanding growth objectives. Innovation can have the positive results of differentiation, productivity and neutralizing a competitor’s advantage. Unfortunately, research has shown that the most common result of innovation efforts is waste. As innovation…

Innovation = New Value

October 27, 2009

The topic of innovation can send people in a lot of different directions. Perhaps the simplest definition of innovation is “something that provides new value to customers.” When we think about innovation as providing new value, it opens up a world of opportunities to us. And customers can be both external and internal. So innovation can enable us to provide…

Strategy Soprano’s Style

October 13, 2009

Last week I was in Atlanta for a television appearance on FOX TV to talk about how companies and managers can be successful in a tough economy. As I sat in the Green Room (actually only the door was green) waiting for my interview, in walked Federico Castelluccio (aka Furio, from the HBO series “The Sopranos”) who was also a…