Innovation has many aspects. When we think about innovation perhaps a new app, electronic device, or medical breakthrough may come to mind. Earlier this month I had the pleasure of touring four Disney theme parks in Florida and because of my interest in innovation I visited several of the attractions that delved into some of […]
Archive for the ‘Business Planning and Consulting’ Category
March 2021 – Effectively Focusing Your Organization’s Innovation Efforts
As we continue to examine various concepts from our business growth and scaling methodology, the Structure of Success™, I would like to delve into where should one devote their innovation effort? This decision is similar to how a person chooses to spend their time – there are better uses of their day, and less advantageous […]
February 2021 – What Is the True Goal of Innovation?
Before I dig into “What Is the True Goal of Innovation”, let me answer a question I have been receiving all the time. Many of you have asked, when is my next book due out? So, I have some exciting news, my 4th book, which is titled Work Less, Make More and Have Fun in […]
January 2021 – Can Only Small Companies Innovate Effectively?
Identifying possible innovations and then developing them to the point of commercialization is a challenge for any size business, particularly so in larger companies. The cause of this size related difficulty involves both the complexity of the larger organization and where the company resides on the continuum of internal innovation cooperation versus competition. Recently our […]
December 2020 – During COVID-19 Innovation Has Reached the Least Likely Place
Innovation has finally reached the least likely place you would expect to find it – the family dairy farm. When you think of a dairy farm, most likely you don’t think of technology involving robots, artificial intelligence, and tablets brimming with data on each cow. While employing innovative technology in dairy farming is more commonplace […]
November 2020 – Effectively Finding Great Innovations During COVID-19
This month, fast-casual Mexican restaurant chain Chipotle announced that it is introducing a new restaurant format that is designed to only provide pickup and delivery of orders. Chipotle Digital Kitchen is the company’s venture into the innovative, “ghost kitchen” business model that has caught on as a result of the coronavirus. In this business model, restaurants […]
October 2020 – How Successful Companies Mine Innovative Ideas During the Pandemic
The COVID-19 pandemic reared its ugly head in the United States back in January this year and it has changed all our lives, including how each of us thinks, makes decisions, and acts. One big decision that people have to deal with is, since the COVID-19 virus remains on surfaces of various things that are […]
August 2020 – COVID-19 “Quaranteams” and Innovation Teams
With no end in sight in having to deal with the COVID-19 pandemic and Fall and Winter approaching in the Northern Hemisphere, we are hearing more and more about the bad effects of social isolation. As a result of this situation the use of “quaranteams” is a growing suggestion to try to manage the social […]
July 2020 – Building a Team of Innovators to Conquer COVID-19
This week a Phase 3 clinical trial of the very promising COVID-19 vaccine known as mRNA-1273 began. The vaccine, which was co-developed by the U.S. biotechnology company Moderna, Inc., and the National Institute of Allergy and Infectious Diseases (NIAID) will involve approximately 30,000 adult volunteers who do not have COVID-19. The “mRNA” stands for “messenger […]
June 2020 – How to Fan the Flame of Innovation Within Your Company
Last week Major League Baseball announced that the 2020 Major League Baseball season, which had been delayed as a result of COVID-19, will begin on July 23. To successfully play baseball in an environment that has been and will continue to be so heavily impacted by the COVID-19 pandemic requires the adoption of a number of changes. Some of the […]