As it turns out with innovation you can teach an old dog new tricks, and Microsoft Word is a great example. Word processing software, which was first developed by IBM has been around since the early 1970’s, so you would think that everything that could have been added to it in the past 45 years would […]
Archive for the ‘Business Planning and Consulting’ Category
08/31/2018
August 2018 – How to Find and Develop Innovative Ideas Like Google Does
Last year Google completed the first entire restructuring of their corporate organization since it started. This reorganization included creating a parent company, Alphabet, Inc. and then moving various units that were formerly part of Google to separate entities. Part of this effort included repositioning their research and development arm, into a company called Google X. […]
07/31/2018
July 2018 – How to Join the “Big Three” of Outer Space Travel
Just like the rivalry between the “Big Three” US automakers, there is an interesting competition unfolding amongst three multi-billionaires who are jockeying to commercialize travel outside the terrestrial Earth. Jeff Bezos Blue Origin is the company Bezos founded to develop his space travel initiative, through its New Shepard rocket with a luxury passenger capsule mounted […]
06/30/2018
June 2018 – How To Develop a Successful Innovation Strategy
Thomas Edison once said, “I don’t want to invent anything that nobody will buy.” While haphazard innovations may generate revenue, if you really want to make innovation pay off big time, a strategy or game plan for using it within your organization needs to be developed. The most important point about developing a strategy for […]
05/31/2018
May 2018 – The Six Earmarks of a Truly Innovative Culture
You may have seen the recent announcement by Tesla CEO, Elon Musk that promised to totally change the trucking industry with a 500-mile range, electric tractor-trailer. It will include much of the high end technology Tesla cars possess now. It will also include incredible safety features, have autonomous convoy capabilities, and have an 80,000-pound load capacity. […]
04/30/2018
April 2018 – How to Innovate Like Amazon
You may have seen the announcement last month that Amazon received several Drone related patents, including one that enables drones to drop packages into delivery “drop zones” from as high as 25 feet. It uses inflatable airbags to provide the cushioning for drops to a person’s backyard or patio. Upon impact with the ground the […]
03/31/2018
March 2018 – Innovation Does Not Just Happen, It Must Be Led from the Top
You may have seen the surprise announcement on March 15, 2018 by Dietmar Exler, CEO of Mercedes-Benz USA that the German automaker will open a global innovation lab in metro Atlanta to dream up new products and businesses. The stated objective of the lab is to fast track projects and services from design to market. […]
02/28/2018
February 2018 – Using Innovation to Transform Your Company
It is surprising how innovation is impacting our lives every day, and the pace of innovation is increasing. Many of these innovations have the potential to truly change our lives. For instance, researchers are now working on developing materials that actually can mask themselves from light so that the objects become invisible. The fanciful “cloak […]
01/31/2018
January 2018 – Innovation: The Yin and Yang of the 21st Century
Over the past 20 years, there has been an increasing interest in the topic of innovation, and virtually every business, organization, and country espouses the virtues of innovation. This is reflected in a recent survey published in The Business Journals which showed that the second biggest challenge facing companies was Increasing Profit. It reported 45% […]
12/31/2017
December 2017 – Creating the Organization to Achieve Your 1, 3 and 5 Year Company Goals
At the beginning of the year, like many other businesses and organizations leaders you may find yourself working on the plans for your company’s future operations. One of biggest challenges with this task is how to translate Strategic Plans into the detailed and tactical steps that are necessary to achieve the goals in your Strategic […]
