Let’s assume you have a developed a great invention or innovation, or even just a breakthrough idea. How do you effectively translate your innovation into a successful, thriving business during the COVID-19 pandemic? First consider, what do the following companies have in common? A&W Restaurants Big Boy Restaurants Carvel Ice Cream Dairy Queen Gallo Winery […]
Archive for the ‘Business Planning and Consulting’ Category
April 2020 – With COVID-19, Necessity Is the Mother of Innovation
As the world finds itself in the COVID-19 pandemic, many people and organizations are trying to overcome it or help mankind deal with it through innovation. Relatedly, one of the key components of successful innovation is to celebrate innovation successes, which is what I would like to in this Innovation Newsletter with regards to COVID-19. […]
January 2020 – Transformational Leadership is Key to Successful Innovation
Earlier this month, Delta Air Lines CEO, Ed Bastian CEO presented a keynote address in Las Vegas at the CES, (previously known as the Consumer Electronics Show), the world’s largest consumer technology show, in which he said that Delta Air Lines wants to transform the air travel experience by the year 2025. Bastian described an experience that […]
December 2019 – Your Company’s MTP + Innovation, Can = A Game Changing 2020
With a new year in front of us, you may want to consider that fact that applying innovation to achieve your organization’s MTP can dramatically change your company’s future! But what is an MTP? I’m glad you asked! MTP stands for Massively Transformative Purpose and it is the stating of an organization’s over-arching reason for […]
October 2019 – Saving Our Planet Through Innovation Can Earn Big BUCKS
This month, researchers at the University College London (UCL) released a study that found America’s “Green Economy” generates $1.31 trillion in annual revenue, or about 7% of U.S. annual GDP. They also concluded that almost 9.5 million Americans, or about 4% of the workforce, are employed in the “Green Economy”. They reported that this represents 16.5% […]
June 2019 – A Key Ingredient for Getting Your Personnel Fully Engaged in Innovation
Most likely you did not attend the Recognition Professionals International (RPI) Annual Experience Conference that took place in Atlanta, Georgia in April this year. If you did, you would have seen a display of the world’s largest array of programs, tools, and options for rewarding employee engagement, innovation, and performance. A common theme during the […]
February 2019 – With Innovation – “Platforms” Are Where the Profits Are
In January, in a highly unusual move, Toyota Motors announced it had offered to share its automated safety system which uses self-driving technology to keep cars from crashing, with its car manufacturing rivals. The system, which is known as Guardian, takes control of a vehicle to steer it around an impending crash or accelerate it out […]
January 2019 – Want to Change the World Through Innovation? Then Do This
A game changing innovation was announced this week at the World Economic Forum in Davos, Switzerland that could alter the way we buy consumer products. The tool for this potential shift is called Loop, which aims to eliminate disposable containers for food, beverages, and consumables like shampoo and laundry detergent. Some of the world’s biggest […]
December 2018 – Do This One Thing To Become More Innovative
During 2018 many new innovations were developed and one of the most interesting ones is a team of researchers from the Massachusetts Institute of Technology developed a “smart pill” which contains a strain of bacteria and electronics that can be used to identify signs of disease in a person’s body. Hopefully as this technology improves […]
November 2018 – Why the US is the #1 Place for Businesses – Innovation
You may have seen the 40th annual release of the World Economic Forum’s Global Competitiveness Report in October ranked the United States as the world’s most competitive economy. The report looked at 98 criteria involving social, political and economic factors for 140 different countries and ranked the United States as the #1 country because of […]