Protesters are marching and subpoenas are being issued to insurance giant AIG, Madoff faces jail time, and the FBI is struggling to keep up with an escalating financial crimes case log. This is our current reality, and I decided ...READ»
Our innovation seminar in New York City last week was stocked with a fascinating and diverse group of innovators. From entrepreneurs to Fortune 100 corporate executives, and from retail to banking to technology to services, ...READ»
It's March, that time of year when tens of millions of Americans fill out their NCAA Men's Basketball Tournament brackets. They compete against office mates and total strangers on the Internet to pick the eventual champion or earn the ...READ»
"The sky is falling! The sky is falling!" cried Chicken Little. If
you are unfamiliar or don't remember the story of Chicken Little, we
invite you to watch one of the versions of this classic tale produced
in ...READ»
What struck me most about my interview with Taneli Ruda is how clearly Nokia appears to understand the source of its advantage.
Nokia knows what it can do and what its competitors can’t do, and it works to leverage and build ...READ»
Last week I
wrote about how Nokia is applying what I call pattern #7 – force your
competitors onto a multi-front battle. Nokia uses this strategy so
perfectly that I decided to continue with that focus in today’s ...READ»
Chris Hughes has helped to create two of the most successful start-ups in modern history, Facebook and the Barack Obama campaign. Now, the online organizing guru is jumping back into entrepreneurial life, but keeping progress close to his heart.READ»
Earlier this
week, I started my review of Nokia. The company markets phones in the U.S., Europe
and beyond that are easy to use but also have some unique functions. These
phones allow users to switch between home and work ...READ»
Good intentions are not enough--no matter how well intended they may be. Paradoxically, if we become fixated or obsessed with our intentions, we may actually work against ourselves, which is a concept (and technique) known as, you ...READ»
Nokia's strategies have unlocked breakneck innovation that has driven huge success and growth. Even while Nokia was making billions in revenue, they continued to grow organically without major acquisitions.READ»
Time's lethal effect on closing a business deal is conventional wisdom. It's truer in some industries than others. But in nearly all cases, the longer it takes to close a deal, the more that gets negotiated away.Time gives the buyer ...READ»
This week the new Amazon
Kindle (Amazon’s digital book reader) has dominated tech device media coverage.
While I am eager to get my hands on one after Amazon sold out of the first
version during the holidays, what intrigues me ...READ»
A couple of weeks ago, I introduced another outthinker
company, Abiomed, which decided to give up its focus on creating an artificial
heart in order to focus instead on helping people repair their existing hearts.
In the ...READ»
As I interview successful CEOs of innovative companies, I
see that there is one pattern of competition that consistently emerges. Pattern #34: Coordinate the uncoordinated.
In military circles they call it 4GW (Fourth ...READ»
On Wednesday I introduced a fascinating company, EyeBuyDirect. While interviewing the CEO, Roy Hessel, I noticed some similarities to another company we profiled several weeks ago – Valley Forge Fabrics.
Valley Forge shook up the ...READ»
In 2005, Roy Hessel stepped out of a venture capital career and decided to get his hands dirty. He had been directing and coaching businesses for years, and he decided it was time to do it himself. He saw an interesting opportunity to ...READ»
Over the last few days, I have been sharing my interview with Carter Phipps, the executive editor of EnlightenNext magazine.
When I asked him what advice he had for other innovators, he said something I found particularly ...READ»
Yesterday I began my review of EnlightenNext magazine and its conscious evolution from a newsletter to a mainstream, glossy publication. EnlightenNext is packed with in-depth articles ranging from business and politics to spirituality ...READ»
I was in my office sorting through mail after a week away from town when I unwrapped a magazine I never ordered. In my hand, it felt like a FastCompany magazine. It was thick, with heavy paper and bright graphics.
But when I flipped ...READ»
One of the most important goals of elicitation is to find out what concerns need to be solved through system boundary identification. A key development tool that can tremendously help in this “capturing good requirements” endeavor ...READ»
Yesterday I started my review of Abiomed and its unique strategic shift to focus on heart recovery. Despite being the first company with a patented and reimbursed artificial heart, Abiomed altered its focus five years ago. After ...READ»
If you thought a pot-smoking Olympic athlete was bad, wait until you hear a trash-talking President. Call it Memes from My Father–the latest Internet sensation involves silly fun with Barack Obama’s life story.READ»
To assist or replace? That was the question that Mike Minogue focused on during his first few weeks as the new chief executive officer of Abiomed (NASDAQ: ABMD), a technology company that created the first artificial heart. A student ...READ»
"What are you doing to contain or cut costs to get through 2009?"
I was a blind-copy recipient of this question in an email from a colleague the other day. It came with the promise that answers would be shared anonymously among those ...READ»