Innovation Management

By Tim Kastelle | Posts about managing innovation, creativity, idea flow and making work better.

Public Policy and Innovation in Australia

Motorsport

How Do We Build 21st Century Business Skills?

“How do you teach people to be more comfortable with ambiguity?”That was the question from the person in charge of Talent for a big bank at a …

World Economic Forum

Famed 'Pivot' Strategy of Startups May Not Work For GE

<i>This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news.</i> <i>Sign up here</i><i>.</i><p>While I was out last week <i>Fortune</i> published my …

Wall Street

How Do You Invest Your Most Valuable Asset – Your Attention?

I’m probably paying a bit too much attention to hockey right now.When people here in Australia ask me about sports, I often say “I’m the only person …

Investing

It Doesn’t Have to Be the Way It Is

<i>Innovation is subversive</i> Are you happy with the way things are right now?Probably not, if you’re reading blog posts about innovation. There’s likely …

Science Fiction

Before Tom Peters, before Peter Drucker, we had Mary Parker Follett

What year do you think this quote is from?There are three ways of dealing with difference: domination, compromise, and integration. By domination …

Peter Drucker

Calestous Juma’s legacy of supporting innovation in Africa is the gift he gave us all

Three years ago, when we started discussing what an Africa edition of Quartz would look like it didn’t take long for us to come to the conclusion that telling the continent’s stories through a lens of innovation would be the most rewarding approach for our readers.<p>The truth is that while we knew …

Lean Startup evangelist Eric Ries on how big companies can stay competitive

If you’ve ever used the word <i>pivot</i> in a meeting, chances are you’re putting into practice an idea from Eric Ries’ <i>The Lean Startup</i>.<p>The book, written in 2011, combined Ries’ experience as an entrepreneur with concepts from lean manufacturing, agile software development, and the theory of constraints, …

Product Management

From A Casino Economy To A New Golden Age: Carlota Pérez At Drucker Forum 2017

When Carlota Pérez, the distinguished economic historian, finished speaking last week at the Drucker Forum 2017 , her talk elicited a sustained round of applause and there was already an avalanche of tributes on Twitter.<p>That’s because Pérez drew on decades of research, decoded economic problems …

Economics

Talk – Action = 0

<i>We are what we do</i> “We need to get better at executing strategy.”I heard something like this from about five different speakers at the Global Peter …

Participation

Taking the path of most resistance

I was thinking today about one of my favorite books - The Razor's Edge by Somerset Maugham - and the quote from the book that forms the title. I …

Why success stories are just propaganda

The most tedious stories we ever tell are success stories. From the podium at Cannes Lions, TED talks, conference keynote presentations, the pages of …

Cannes Lions

Scaling Up Startups in Corporate Settings

<i>This ‘opinion’ on the question “What can startups and incumbents learn from each other and what are the biggest threats?” was originally published at</i> …

Innovation

Why is Innovation So Hard At Big Companies?

If you’re responsible for launching new products, you’ve probably come across Eric Ries’s best-selling book, <i>The Lean Startup</i>. The Lean Startup …

Is Your Idea Commercialisation Ready?

Innovation

‘Pitch the Immeasurable’ and Other Leadership Tips

It's not easy making the transition from manager to executive. One Medical VP Marketing Vanessa Hope Schneider shares the lessons she leans on from …

Michael Jordan

It Pays to Be Smart - MIT Technology Review

Our economy is increasingly ruled by a few dominant firms. We see them everywhere, from established giants Amazon, Facebook, Google, Apple, and …

Innovation

How GE Appliances Built an Innovation Lab to Rapidly Prototype Products

Many large companies yearn to rekindle the innovative magic of entrepreneurship, but very few actually succeed. The reasons have been well documented and include:<p>Large, established companies answer to investors who value predictable, consistent financial results, and so are intolerant of the risks …

Innovation

How to Set More-Realistic Growth Targets

Many executives are fond of promising to deliver growth, but far fewer realize those ambitions. This is because many fundamentally mismanage the growth gap, which is the difference between their growth goals and what their base businesses can deliver. Filling the gap requires either innovative new …

Management

Enough

This guy never had enough, is that really you?The underpinning tenet of chasing exponential growth is that anything less than “all of it” is never …

Profit

Corporates: You're doing it wrong

<b>Australian corporates are</b> “doing innovation all wrong” as the world is “accelerating away,” Startup Catalyst CEO Aaron Birkby says.<p>Mr Birkby has just …

Native Wisdom Is Revolutionizing Health Care

By Shari HuhndorfSouthcentral Foundation has vastly improved Alaska Native welfare while saving on costs by using traditional healing practices.

Health Care

GE has a version of self-management that is much like Zappos’ Holacracy–and it works

Last November, a team of technicians at GE’s aviation manufacturing facility in Bromont, Canada, realized they would miss production goals for the year if they continued working at the same pace. Without being told by a supervisor or enticed by a bonus, the team opted to skip breaks, stagger …

The Workplace

Get Started Now: How to Employ Lean Practices in a Regulated Industry

<i>Written by Misti Yang, Contributor for Lean Startup Co.</i><p>Anne Boden, founder and CEO of Starling Bank, bought her second copy of <i>The Lean Startup</i> in an …

Global accelerators waste of money

<b>Spending taxpayer money to attract</b> huge global accelerator programs to Australia does a disservice to Australian startups and delivers few benefits …

Sometimes You Have To Say No: Five Insights on Learning from Customers

<i>Written by Misti Yang, Contributor for Lean Startup Co.</i><p>When Chika Uwazie met Eric Ries, she asked, “When are you coming to Africa?” But she didn’t …

Eric Ries

7 Lessons From 100+ Failed Startups

There’s a joke about startups. “For every 10 startups you see in the market, 11 of them will fail.” I didn’t want to think that <i>my</i> startup would be …

Product Management

The global forces inspiring a new narrative of progress

Growth is shifting, disruption is accelerating, and societal tensions are rising. Confronting these dynamics will help you craft a better strategy, …

Innovation

The negative effect of Govt R&D

<b>Government research and development</b> spending gets trumped by academic R&D when it comes to positive economic spill-over effects on business R&D, a …