Any business model that hasn’t been disrupted by the internet yet will be. Why? Where before corporations “told” us what we need to use without our opinion, the internet has empowered us to create and become platforms. In essence, the internet has unleashed the democratization of ideas; bottom-up innovation.
Though most everyone agrees on what the basic components of an entrepreneurial ecosystem are, it is a myth that simply having those components will result in game-changing innovation. For example, think about Silicon Valley, the use case for all innovation ecosystems; why and how does it sustain innovation? Sure, culture is one component. But, what […]
The most interesting ideas, the ones that span boundaries, are found and at the intersection of domains. This isn’t a new insight, but it is one that is rarely taken into account inside most businesses. True to form, established businesses suffer from the Curse of Knowledge: I already know what I need to know. The […]
If you’re a successful company, you’re probably not used to innovation. You’re used to being good at what you do, and that’s the opposite of innovation. Smart innovation that evolves a new and marketable product often requires an innovation partner. There are a lot of reasons for that. But they boil down to a deceptively […]
Do we still need old-fashioned physical offices to do work? Contrary to reports that the demise of the office is near, I believe we still need physical offices; and more importantly physical interactions. I believe that the model that will be dominant for most types of organizations is a hybrid between being a mobile worker […]
Christopher Nolan’s Interstellar is a fantastic movie, science and fantasy will entertain you. Go watch it! But this blog isn’t about the movie per se, it is about how they made both the worm hole and black hole models realistic. This is the classic case of a happy accident where none of the collaborators knew […]
A key skill all innovators have is the ability to network with the objective of developing ideas, finding collaborators, bouncing ideas off others and overall just building their ideas. Rather than being individualists, innovators are collaborators. They understand that it takes a diverse community of people working on a single problem to drive breakthroughs; as […]