The amount of information that hyperconnected sandboxes will produce will ultimately generate greater insights that lead to innovations and value. When your washing machine can talk to your phone which can talk to your water provider, we will find ways to use those resources more...
The cautionary tale that the record industry presents us with is only one example of how technological advancements have made the old management methods obsolete. Very few industries are safe from the threat posed by hyper competition. Barriers to entry are now almost nonexistent for...
Three Ingredients of Success The three ingredients of success are hyperconnectivity, game mechanics, and socialization. All three work in concert with another, flowing seamlessly between each other. Hyperconnectivity Over the next several decades, connectivity will accelerate to nearly unforeseeable levels. There has been a dramatic jump in...
Connection Architects The Connection Shift calls for leaders to become connection architects. This involves emphasizing a management and leadership style that promotes building bonds between people, not separating them through hierarchy and bureaucracy. It has far more to do with the connection of people, markets, and...
I have been involved in the area of innovation for more than 25 years, both as an innovation strategist and as an inventor. About a decade ago, “innovation” became the new buzzword, like “synergy” or “solutions” or “value added.” Major consulting firms took advantage by...
"Nothing bad ever happens to you." Do I stand by this quote? Yes. When it comes to business, there's a serious power that comes with taking this statement to heart. The quote is borrowed from renowned speaker Joe Vitale. In his research, he discovered that business...
It’s important to realize that in our system, we separate “Filtration” from “Evaluation.” We believe strong, well-thought-out filtration significantly reduces the burden on R&D organizations to evaluate or even develop products or technologies that never should have entered the new product development process in the...
Along with “love thy customer” and the rest of the “customer touch” components, we arrive at one of the more human elements of the innovation process: teamwork and the team itself. Basically what I look for is a team that really “walks the walk,” rather...
I’m sure you’ve had this experience yourself. Come up with a good idea, and run it by your peers and superiors in a meeting. Before you’ve finished your last sentence, someone in the back of the room pipes up, announcing that he or she “is...
Over 20 years ago, my wife and I decided to have a family. Once I made that commitment, I personally pledged to always make certain that I made time available to spend time with my kids. The only way I knew to do that was...
