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Innovation Process

High Risk Innovation: Risked Big, Lost Bigger

April 21, 2013

Ron Johnson, the former head of Apple’s magnificent and uber-profitable retail empire, left Apple to take over as CEO of JCPenney in late 2011.  Johnson was brought in to transform the staid and failing retailing giant into a modern retailer, but alas, his Apple Store mojo didn’t translate to well to the department store format, [...]

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Changing Your Business Model; Maybe It’s Not So Easy to Do

May 28, 2012

Ron Johnson was a huge success at Target, and an even bigger success at Apple, where he led the company’s hugely profitable retail chain.  So last year when he was recruited to join JC Penney as CEO of the struggling chain, there were high hopes that his genius would translate into a big turnaround for [...]

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The Innovation Master Plan: A New Book

August 12, 2011

I’ve just released a new book (shown above on the left), The Innovation Master Plan. Here’s a short passage from the introduction: “Some executives look at the innovations that come from companies like Apple or P&G, and they think to themselves, ‘Well, we don’t have people or the resources like theirs.  We can’t do that kind [...]

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Do “Lean” and “Innovation” Go Together?

August 2, 2011

  Once the Toyota management system became more widely known by the single word “lean,” it became a fad and a mantra (and also a boon for authors and consultants who have been able to help companies adopt the lean mindset and methods).  In the process of doing so, a great number of companies and [...]

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Innovation for the base of the pyramid

December 19, 2010

There are lucrative markets all over the world that companies are vying for, and innovation is playing a role in all of them. The middle class is growing rapidly in India and China now, and millions of people join the global economic engine in these countries each year. But many people who live at the base of the economic pyramid are also seeing more economic opportunities.

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Concept Cards™ – Innovation Tool for Developing Insights

August 14, 2010

In a recent newsletter I wrote about one of the tools we use in innovation consulting engagements to help client teams develop insights. The following short video will introduce you to Concept Cards™ – single frame documents that make complex concepts accessible and usable in the planning process. Imagine having a hundred or several hundred [...]

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