Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.
I was the Chairman at an Operational Excellence and Business Transformation conference in Amsterdam this past March (2023) which was produced by CParity. The lead-off workshop was on Design Thinking. I must admit; my first impression of the workshop was mixed. I thought the concepts of Design Thinking and its approaches were novel. But it…
Most of us read about the recent leadership changes at Toyota. Many industry experts criticized Toyota’s lack of innovation and the gap with Tesla as the main reason for the succession. Despite Toyota’s status as an industry benchmark, we have to ask: Did “lean” impede innovation? My answer is “NO”. I had the opportunity to…
ByTED
What’s on Elon Musk’s mind? In conversation with head of TED Chris Anderson, Musk details how the radical new innovations he’s working on — Tesla’s intelligent humanoid robot Optimus, SpaceX’s otherworldly Starship and Neuralink’s brain-machine interfaces, among others — could help maximize the lifespan of humanity and create a world where goods and services are…
It’s another “Open Mic Night” at The Outliers Inn and JP and Mule are happy to welcome our guest and have a casual chat with whatever might be on their minds (and ours). JP starts off with sharing a return trip from Newark back to Frankfurt which was quite like the movie “planes, trains, and…
ByTED
Profit, money, shareholders: these are the priorities of most companies today. But at what cost? In an appeal to corporate leaders worldwide, Chobani founder Hamdi Ulukaya calls for an end to the business playbook of the past — and shares his vision for a new, “anti-CEO playbook” that prioritizes people over profits. “This is the…
ByHBR.org
Summary. For the past 20 years, the theory of disruptive innovation has been enormously influential in business circles and a powerful tool for predicting which industry entrants will succeed. Unfortunately, the theory has also been widely misunderstood, and the “disruptive” label has been applied too carelessly anytime a market newcomer shakes up well-established incumbents. In this…
