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Colliding Exponentials Executive summary: Solutions to many unmet customer and market needs are enabled by the convergence of exponentially improving technologies. Convergence science requires intensely collaborative and sustained value creation methodologies. At the Internet of Things (IoT) conference in China last fall, with a thousand participants and many from manufacturing, I listen to Alibaba’s Jack Ma. He talked about his early career and some of the mistakes he made. He then,.. Read More
Your Value-Creation Playbook Is Core to Your Strategy Executive summary: Creating sustainable customer and enterprise value is the purpose of a company, and all company functions must support those objectives. Each functional area in a company has a unique “playbook” that defines its goals and operating processes. Perhaps it is surprising, but remarkably few companies include a value-creation playbook as part of their strategy to assure success. Even fewer have a.. Read More
Innovation for Jobs: I4J According to Jim Clifton, CEO of Gallup, “The American workforce has more than 100 million full-time employees. One-third of those employees are … engaged at work. They love their jobs and make their organization and America better every day. At the other end, 16% of employees are actively disengaged — they are miserable in the workplace and destroy what the most engaged employees build. The remaining.. Read More
Taiwan Silicon Valley Innovation Center President Tsai of Taiwan came to Silicon Valley to open a new center devoted to innovation and entrepreneurship between the two countries. It is an example of how regions are working to improve their competitiveness by seeking out and leveraging the best global partners and resources, including venture capital. Below is a summary of the comments I made at the ceremony.
Law of Accelerating Cost Executive Summary: America’s economic growth has been in decline for decades and some feel nothing can be done. The “Law of Accelerating Cost” (LAC) postulates that to maintain economic growth as a constant percent of GDP, exponentially more R&D resources over time are required. We have not been making these investments since the 1970s. These resources can be effectively obtained in three ways: Increased federal and.. Read More