What the innovator needs …

There’s an abundance of management literature offering advice on how to foster innovation in a business context. However, there is very little discussion on how the innovator’s success critically depend upon the boundary conditions defined outside the business context. This larger societal context is what I addressed in previous posts (part 1 and part 2). Today, […]

How to cultivate innovation? – part 1

Cultivating innovation is what every business leader must achieve to stay in business for more than just one product cycle. Therefore it’s no big wonder that there is an impressive library of management literature addressing the business of innovation. However, innovation is more than business, and the existing writing often misses that essential part of […]

Wall Street

Describing the impact of innovation is a challenging task. Even if you narrow the question a little and focus on technology only, it doesn’t get a lot easier. Searching for a reasonably current example, something that most of you have experienced in your personal lives, I turned to cinema. And I found a compelling story […]

Expectations and realities – part 2

In part 1 we thought about what we expect from innovation on one side, and how it evolves in reality on the other. It became pretty obvious that there is a significant mismatch between the facts about innovation and what we think them to be. In this second part now I’ll try to cast some […]

Expectations and realities – part 1

One of the biggest quandaries in innovation is the discrepancy between our hopes and desires on one side and the real outcomes on the other. No matter how well intended, carefully planned, or diligently executed a project, often the result does not match the expectations. What’s the reason for that? Now, you’ll find impressive volumes […]