In Arthur C. Clarke’s classic Space Odyssey Sci-fi series a recurring theme is the presence of a large back monolith built by an ancient civilization. The monolith has transformational powers that alter the trajectory of humanity, starting with our ancient cave-dwelling ancestors and then following our evolution through the modern day and into the future. …
Find the Root Cause In August 1854, there was a deadly outbreak of cholera in the Soho district of central London. Cholera leads to diarrhoea, vomiting, dehydration, and in many cases to death. Thousands of people fell ill and over 600 died. At that time, medical authorities believed that cholera was caused by ‘miasma’ – …
Malls are closing. Retail stores are fighting to stay afloat. Analysts expect that more than 6,000 stores will close in 2019. More than 40,000 employees are expected to be laid off. The blame is often cast on the new digital retail experience. Yes, the way a consumer shops is radically different than even just a …
The Theranos story continues to unfold in the headlines and will likely be the stuff of Harvard Business School cases for years to come. Here is a brief history of Theranos. and where they find themselves now. According to the WSJ, Theranos Inc. said it will shut down its blood-testing facilities and shrink its workforce by more than …
Sometimes we get caught up in the details when we should be working on the foundation. Here’s a rule: If the underlying foundation is not secure, don’t bother working on anything else. If you’re working on a couple new technologies, but the overall business model won’t be profitable, don’t work on the new technologies. Instead, …
Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are August’s twenty most …
We live in a transformational age. Powerful technologies like the cloud and artificial intelligence are quickly shifting what it means to compete. Social movements like #MeTo are exposing decades of misdeeds and rewriting norms. The stresses of modern life are creating new expectations about the relationship between work and home. Every senior manager and entrepreneur …
You could call it hibernation, but that’s too kind. You could call it neglect, yet some are working on it pushing the proverbial boulder up the corporate mountain. To be kind, let’s simply call it The Long Sleep. This condition happens inside organizations when an innovation concept bounces along internally for a long time without …
We thought it would be a fun summer activity to pull together a list of the top innovation personalities and information sharers on twitter. We knew we follow a lot of great innovation people on twitter (including a lot of the great Innovation Excellence authors) and we were curious to see who you follow or …
The best insights are often stumbled upon. Like happiness, such insights are just naturally-occurring by-products of being curious. Curiosity and courage, coupled with humility, are the root soft skills of successful innovators. You need to be open and vulnerable to excel. In that spirit, professional feedback and performance reviews could be more human and humanizing. Here’s …
I think doctors have linkedout. Others have offered reasons why. Some disagree claiming that 1M doctors and nurses are on Linkedin. While that may be true, as the owner of a group that is approaching 30,000 members, I’ve observed: 1. Linkedin is mostly about finding a job. It does not fit the needs of doctors. Unless, that is, …
When my daughter Maya was in middle school, she decided to repeat a behavioral economics experiment featured in Dan Ariely’s book Predictably Irrational for her science project. In her experiment, she offered participants from the control group two options. Facebook access, she suggested, was going to cost money. It would cost $5 a month to access Facebook …
The NSF iCorps experience is a 7 week program that is designed to help scientists, engineers and health professionals commercialize their ideas, or give them a merciful death, based on evidence garnered during a customer discovery interview process. I recently participated as part of a team composed of an entrepreneurial lead, a principal investigator, and an …