Innovation/ R&D – Who Cares?
It is becoming more and more challenging to find a profitable niche in the marketplace, with more and more businesses competing with commodities and/or commodity pricing everyday.
Innovate or Die
In today's economic environment, slow and steady progress, a continuous improvement philosophy and a low-cost producer, commodity focus will likely result in death.
Lessons Learned from Failure
Why do failures generate so much interest? Perhaps as students, we had it pounded into our heads that mistakes are bad - avoid failure at all costs. What can we learn from failure?
Defining the Entrepreneurial Spirit
Achieve an entrepreneurial spirit or be left to slowly wither away in today’s new normal business environment.
Innovation Tips
As innovation is key to succeeding in the “new normal”, I thought a few tips might prove helpful: Create a culture of innovation – it’s not enough to encourage innovation in R&D. Those companies who create a culture of innovation will be those who succeed. Start with the customer [...]
Building an Innovation Culture – What Is Vital?
What is vital to building a culture of innovation? There’s one word – leadership!