There’s no innovation without innovators
You know the usual approach to innovation in a corporation. Hold an offsite for brainstorming and to stimulate creativity. Get a big-name consultant. Team comes up with an idea, makes a plan. Does a public relations blast announcing their breakthrough idea. Fails. Do again. Fail again. If that wasn’t the case the vast majority of […]
What’s the Difference between Entrepreneurship and Innovation?
You can’t lift up any piece of news or commentary these days without seeing a discussion or article about entrepreneurship and innovation and how to improve one, the other or both. Prescriptions abound. But my question is: are entrepreneurship and innovation the same thing or are they different? I ask that because you usually see […]
Are you confusing creativity and innovation?
OK this is one of my pet peeves; the frequent confusion between creativity and innovation. As in: “we are teaching people to be innovative by showing them how to brainstorm and create new ideas.” Sorry folks; that’s not innovation. Let me give you an example; when two people make love they can also make a baby. […]
Is Innovation a form of Business Acumen?
The history of science is littered with the carcasses of things we found out in unexpected places. Such as Sir Alexander Fleming finding penicillin in a “failed” experimental dish consisting of mold that was thought to be an accident and of no use. Currently you might have heard of another example in the medical field; […]