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Are You an Innovator? People are often confused about whether they are innovators or not. They might think of Steve Jobs and say to themselves, “That’s not me, I have never done anything remotely that significant.” They question whether they are, or can be, innovators. When asked, most academics say they are definitely not innovators. But they are, or should be. This confusion is destructive because it limits what people believe.. Read More
At Innovation, a Lot Innovation is the primary driver of prosperity, job growth, social responsibility, environmental sustainability, and national security. Activities that improve the world’s innovative performance are major contributions to society. Today almost every measure of innovative performance is poor. My colleague, Len Polizzotto, often points out that more than 80% of new products fail in less than a year. They don’t fail because of poor technology; they fail because no.. Read More
Focus on the Customer This week Len Polizzotto and I held an interactive workshop on the Practice of Innovation in Taipei, Taiwan. The workshop was with 18 Lite-On executives, led by Alex Huang and Tom Soong. Lite-On is a leading, $7 billion dollar company (In the picture I am in the back with the blue shirt, Len is to my left, Tom is to my right, and Alex is to the.. Read More
Call It Value Creation I was in a meeting with a number of people responsible for R&D and innovation funding. We were discussing how industry and university collaborations might be made more successful. Today most agreed, results are poor.
IQ, EQ, SQ, and GQ What’s a T-shaped person? At conferences on innovation there are often discussions about personality types that make for good innovators. One popular designation is “T-type” or “T-shaped” personalities. There are different definitions for T-types, so there is some confusion about what “T” means. For example, the “T” can stand for thrill seeking. “A personality type that takes risks. Type Ts tend to be extroverted and creative, and crave novel experiences and.. Read More