Why failure can be an innovation aphrodisiac

If you stick around innovation long enough you'll probably come to believe that we are all dead-enders.  After all, what group of people could willingly embrace as much failure with such a positive attitude?  Failure, you'll be reminded, is necessary for innovation. ...

Why innovators should focus on product deconstruction

I've been thinking a lot lately about innovation and how we may have emphasized one component at the expense of another.  Here I'm talking about something that should appear obvious - the focus of innovation in building new things.  We are constantly reminded...

The innovation skills you need

When a noted doyen of the Fortune 500 like Coca Cola talks innovation, your ears should perk up.  After all the consumer packaged goods conglomerate has been in business for a long time, and has been successful, but is facing a number of headwinds in its core business. ...

Evolution and its impact on business models, slow and fast

Darwin teaches us that evolution is a long, slow process, gradually leading to new adaptive species that emerge over time with specialized capabilities.  Therefore, the change in species from generation to generation may be relatively small, but always purposeful and...