The world is entering a turbulent and demanding economic period. Over the past few decades job growth and prosperity have dramatically slowed in America and many other developed countries, including Japan and the European Union. In America GDP growth has declined from 4% in the nineteen nineties to under 2% per year. Larry Summers has referred to this as the “new normal.” (more…)
I was recently asked to define a number of basic innovation terms. Below are some of the most important. I would greatly appreciate your feedback. I will address the issues and thoughts you provide in future posts. (more…)
We must innovate the process of innovation. In an exponentially changing world, if our value creation processes are not exponential, we will fall behind exponentially.
Our economy is turbulent and demanding. Over the past three decades job growth and prosperity have dramatically slowed in America and many other developed countries, including Japan and the European Union. In America GDP growth has declined from 4% in the nineteen nineties to under 2% per year. This growth rate will not produce the jobs and prosperity needed. (more…)
Last year I was in Singapore and met Israel’s former economic minister. When I asked why he was there he said, “Like Singapore, Israel is a small country. Most of the world’s important opportunities, talent, and resources are somewhere else. I am here to discuss how to make the world transparent for us.” That is an important idea. This objective is also being pursued by companies and universities around the world. (more…)
In a previous post, A Transparent World, properties of our increasingly transparent world were discussed. Here we discuss what these ideas mean for companies. I will focus on three themes:
- Employ a Value-Creation Playbook focused on the customer.
- Use web-based collaboration platforms to create a transparent value-creating enterprise.
- Work globally with the best talent inside and outside the company.