Innovation & Entrepreneurship
17 results
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Contributor: William Cohen, Ph.D.
Posted: 02/21/2018
office workers
Drucker was both the Father of Modern Management and a high-priced consultant to major corporations billing as much as $10,000 an engagement for a few hours work. He made millions for them and was worth every penny. He used unique strategies to build his own career himself that was quite different from other consultants. Drucker had four... Full Content »
Contributor: Editorial Staff
Posted: 01/28/2018
This is a story with a lesson. Dr. Morris Hamburg in his much-acclaimed Wharton School course on statistical decision-making used this unforgettable example to illustrate different interpretations to statistical data."The heroine of our story…is a grammar school teacher, who wanted to demonstrate the harmful effects of drinking liquor to a class... Full Content »
Contributor: Eric Haller
Posted: 11/08/2017
office 4
Across North America, 93 percent of business incubators are small nonprofits, according to the International Business Innovation Association. Statistics like that align to the common assumption that entrepreneurship lives solely within startups, stand-alone incubators, and business accelerators.However, the days of startups holding a... Full Content »
Contributor: William Cohen, Ph.D.
Posted: 10/25/2017
innovation 6
Frederick Smith thought up the idea behind FedEx while still in college and Albert Einstein developed the Theory of Relativity not while laboring before a computer or over complicated formula on a blackboard, but while lying comfortably with his eyes closed on a couch. Is there anything you can learn from them about innovation? Peter F.... Full Content »
Contributor: Management Matters
Posted: 09/25/2017
innovation marketing
Innovation means the creation of new value and new satisfaction for the customer. Successful innovating organizations, noted Peter F. Drucker, measure innovations "not by their scientific or technological importance but by what they contribute [in terms of value] to market and customer." Innovation in a business enterprise must be always... Full Content »
Contributor: Josh Steimle
Posted: 08/16/2017
I’m a fan of Harvard Business School professor and best-selling author Clayton Christensen. Christensen’s research focuses on what he terms “disruptive innovation,” or those innovations that target non-consumption with products that are inferior but “good enough” for consumers who previously had nothing at all. Christensen’s model shows how... Full Content »
Contributor: Editorial Staff
Posted: 08/14/2017
It's often said: People confuse good management with a good idea that makes management look good.What's not said is: It takes a special kind of management and organizational structure to put a good idea into action.A management that has the know-how, energy, fearlessness, and staying power to implement genuinely good ideas that are consistent with... Full Content »
Contributor: Editorial Staff
Posted: 08/11/2017
creative imitation
There are two ways to imitate the innovations of others—namely; (1) developing a "me-too” or copycat offering to compete directly against the originator's innovation and; (2) launching a creative imitation of a rival's success.The difference between a "copycat” and "creative imitation" strategy is straightforward.A "me-too" offering is a direct... Full Content »
Contributor: Editorial Staff
Posted: 08/10/2017
Editor's Note: We live in a business world that increasingly worships innovation. Why? Because it is essential to sustaining long-term growth and profits.But before all our energy and imagination is directed at producing and managing innovation, it's useful in to look at the realities of business life. Most "newness" is not innovation at... Full Content »
Contributor: Sunnie Giles, Ph.D.
Posted: 07/11/2017
Co-authored by Torben ValstedWe (Sunnie and Torben) come from different perspectives: Sunnie is an ardent student of radical innovation, and Torben in brands. We combined our expertise to reach a point of confluence for these important topics. A brand can serve as a powerful instrument for companies to generate radical innovation in two ways: to... Full Content »
Contributor: Robert Swaim, Ph.D.
Posted: 06/23/2017
Too many organizations, management theorist Peter Drucker observed, devote resources to "preserving the past" when they should be allocated to "creating tomorrow." Dr. Robert Swaim - student, colleague, and friend of Drucker’s for almost thirty years – looks at Drucker’s Principles of Innovation and why companies must leave yesterday behind to... Full Content »
17 results
of 2