In this article, we look at five tips to launch your next innovation, using a proven framework for successful launch and scale. I have spent a lot of time working with university and industry researchers throughout my career, and the challenge of how to scale and commercialize ideas always comes up. It is not an…
Being an inventor is a great achievement. After all, you are the one who comes up with the ideas, or a new discovery. From incandescent light bulbs to the internet of things (IoT), inventors have made untold numbers of improvements to our lives. We have been privileged to work with many people who are truly world-class…
Learning how to pivot is a critical skill for leaders and innovators who will undoubtedly experience uncontrollable circumstances. What happens when you run an experiment and the outcome is not what you had planned? One of the traps of experimentation is expecting the testing to validate your thinking. It is natural to want the experiment…
I have a bias to confess to. The phrase “we are in this boat together” sparks an almost irrational irritability. While we are in this pandemic storm together, we are most certainly not in the same boat. As leaders, we know instinctively that some of our team members are flailing around in a dinghy with…
The pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions. During COVID and the VUCA season it has created, we have seen ample reason…
In this article, we’ll look at three ways to engage customers and create products they want to buy right now. If you have an idea for a product or service but are uncertain about launching something new during the pandemic, rest assured that people are still buying. They are looking for solutions to the unique…
Businesses that are surviving are those that were either prepared or those that pivoted quickly, innovated, and found ways to keep delivering value for their customers. The business world has been significantly disrupted by the pandemic. During situations of macro disruption, most people look for ways to first survive and eventually emerge from the circumstances…
90 Seconds of Innovation Podcast · Can’t Afford Innovation? Ron Price explains that innovation begins as a mindset and a mindset doesn’t cost any money. He says you should use that mindset to look for new opportunities around you. Episode Transcript What if my company can’t afford to invest in innovation? This is Ron…
When planning or navigating a pivot, how do you know if you are pivoting in the right direction? Answer simple questions to validate your pivot and execute on four actions to help create speed-to-market. We are hearing the word “pivot” a lot these days. The idea is that business conditions have changed dramatically and, therefore,…
While the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities. No matter the business climate, there is always a chance to do something new and something better—you just have to find it. This has never proven truer than now, with the way business has been forced…
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