Competition in industries is essentially competition between business models. A recent tweet by @TimKastelle which led to a post about the evolution of the business model concept reminded me of a great creative exercise to help you look at your and other industries dominant business model as a lego kit, which when broken apart [...]
To change things up a little bit I decided to take a taxi after I crossed the border to Mexico today. After you cross the border and walked over to the cab station you’ll notice there are two types of cabs, the yellow ones which are the least cheap and the ‘taxi libre’ which takes [...]
The gap between what is right now and where others are become very obvious when you go from one extreme to another. This past week I spent a little time with a friend I’ve known since kindergarten as he just opened a restaurant in Mexico and I went over to see how he was doing. [...]
Insights, they’re the seeds of new groundbreaking ideas. I was watching the BBC documentary on the life of autistic celebrity Temple Grandin and was intrigued at how her hug machine invention was born out of an unlikely insight from cow vaccination: the squeeze chute which holds the cow in place so that it can be [...]
If we want to encourage better behaviors we have to make it easier for people to do whatever it is that we want them to do by removing obstacles in their path. What about if we want to discourage behaviors such as smoking? We put more obstacles in the smokers path, Erik Askin proposes ‘design [...]
A few days ago I wrote about how Zappos has broken the rule that a business exists purely to make profits. They’ve designed their business model around the concept of ‘happiness’ and have made it clear that the customer IS their business. The idea is driven that by making their employees happy it further drives [...]
I wrote an article for On Innovation a few weeks ago and it was published yesterday: Finding your crayons: Innovation inspiration from the young. Initially I wanted the the article to be titled ‘A young mind is a healthy mind’ but I guess that didn’t say much, but here then is what I mean in [...]
