June 2009

The Book Is in Print! And Yes, There Is a Wisconsin Touch

Just got my first copies of Conquering Innovation Fatigue. Very happy with the printing by John Wiley & Sons. Many thanks to artists Nichole Marshall and Mark Benyo for assistance in cover design and graphics. Both are from the Fox Cities of Wisconsin (Menasha and Appleton, respectively). While the book is written with a global …

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Facing Reality: Innovation is a High Risk Activity

The Entrepreneur Daily Dose Blog from Entrepreneur Magazine discusses a new web tool that calculates business success. The Odds of Success Calculator from StartupNation.com takes 8 factors into account that have been correlated with the eventual success of a startup. They note that entering the information for Twitter gives it only a 46% chance of …

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Strengthening the Will to Share: Google’s Approach

We have emphasized the importance of strengthening “the will to share” as a key to having a culture of innovation in an organization. Breaking the will to share is one of the most dangerous innovation fatigue factors that we discuss in our book. Google, typically a hotbed of innovation, continues to show that they understand …

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Kauffman Foundation Study: Over Half of Fortune 500 Companies Began in Recession or Bear Market

Anecdotal evidence of innovation thriving in times of economic trouble have found broader confirmation in a recent study from the Kaufman Foundation. Their press release, “Kauffman Foundation Study Finds More than Half of Fortune 500 Companies Were Founded in Recession or Bear Market,” summarizes the story nicely. Here is an excerpt: According to a new …

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The Downturn: This Is the Time to Invest in R&D/New Product Development

An April 2009 report in the McKinsey newsletter, “R&D in the downturn: McKinsey Global Survey Results,” reveals that many leading companies are not shredding their R&D budgets. These companies view R&D and new product development as a source of competitive advantage. Where R&D is clearly important for future success, many companies are actually expanding their …

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