innovation Archives -

innovation

Taking on Innovation Antibodies

We’re all familiar with the legend of the entrepreneur. It’s a story of the creative genius who decides to fly solo and build an operation out of his (in the legend, it’s often his) garage. The completely innovative idea disrupts the market, takes hold, and changes the world as we know it.

Language That Unleashes Innovation: 4 Steps

Last week, the Outthinker Strategy Network (OSN) hosted our first in-person roundtable of the year at Cornell Tech on Roosevelt Island in New York City. The island, located in the East River between Manhattan and Queens, once a site of abandoned prison buildings and mental institutions, has been transformed into a hub of innovation.

An Innovation Tournament Without New Ideas? Macmillan Offers a Fresh Twist

To keep up with today’s rapid pace of disruption, every company feels the pressure to innovate. Most of them, when trying to shift to an innovative culture, feel like they have to pursue brand new ideas. But when I was recently invited to judge an innovation competition for Macmillan Learning, I saw that there is …

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Banking at Walgreens: Innovation at the Edge Drives Unexpected Ecosystems

In her most recent book, Seeing Around Corners, innovation and strategy expert Rita McGrath teaches leaders to spot inflection points, or major industry shifts, before they happen. “Snow melts from the edges,” she explains. In winter, the first signs of spring appear at the edges of snowcaps. In business, radical innovation typically begins on the …

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PillPack, Proximity, and the Amazon Future of Pharmacies

If you want to predict the path of innovation in your industry, consider one unifying strategic concept: proximity. Introduced by innovation guru Rob Wolcott, proximity is the theory that the production and provision of value moves ever closer to the point of demand. Viewing your industry through this lens can reveal new opportunities, help you …

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Play: The Source of Innovation

In the 1830s, an artist and tinkerer, Samuel Morse, directed his curiosity to a question few had considered before. Numerous scientists and inventors across the globe were working on the problem of how to communicate across long distances more quickly.