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Category: Automotive, Case study, Failure
It is still mind-boggling how fast Nokia fell from the top rank of the dominant phone company to being sold to Microsoft within five years. How did this happen? And more importantly, can this happen to other companies as well? Those are the questions that researcher tried to figure out in an extensive study for …
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Category: Innovation, Innovation Outpost, Silicon Valley
Silicon Valley is the most innovative region in the world, making a huge splash around the world. In the past decades whole industries have either been created or destroyed thanks to companies that had their origin or came to full bloom in the Bay Area. The microprocessor, graphical user interface, web browser, smartphone, electric and …
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Category: Innovation, Intrapreneurship, Metrics
Innovation, as with every initiative or process that companies want to track, needs to be measurable. If you can’t measure it, break it into measurable pieces. But innovation can be a messy process. While we are good with tracking the value and depreciation of hard assets, measuring the value of patents, soft skills, and innovation …
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Category: Government
A picture from the current UN summit in NYC struck me as very interesting, Facebook founder and CEO Mark Zuckerberg in a conversation with German chancellor Angela Merkel. And the topic they discussed? According to Spiegel Online they were talking about hate postings and how Facebook is dealing with them. Just to bring you on …
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Category: Automotive, Innovation
While the scandal around Volkswagen’s emissions fraud is still unfolding, one thing is clear: it’s going to be costly in any aspect. And it may be the demise of iconic Volkswagen. What is known today is that some people at Volkswagen thought that cheating is acceptable. And it blew up in their face big times. …
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Category: Gamification, Hackathon, Innovation
Organizations often ask how they can find good, innovative ideas. I had a call recently with a government agency where exactly this came up. We have ideas, but are these the right ones? What else can we do beside having a website where our citizens can suggest ideas? Let me tell you about a recent …
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Category: Behavioral Economics, Innovation
Imagine your company has 20 innovation projects, where each project has an equal chance of 50% to succeed and fail. The success of each project is independent from the others. If a project fails, your company will lose $500,000, if a project succeeds your company will make $1.5m. Then ask a team of 20 managers …
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Category: Culture, Innovation
Aug 12
Jim Carrey’s character from the 2008 Yes Man-movie humorously depicts the life of bank loan manager Carl Allen, who’s lost in a spiral of negative attitude until a self-help seminar turns him around. To every suggestion he starts responding with a positive “Yes“, helping him meeting new people, learning a new language, picking up new …
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Category: Gamification
“Move to the right! One direction only!” The ushers desperately try guiding the masses of young people through the hallways. And it’s necessary: 335,000+ attendees descend on the gamescom 2015, the world’s largest video game conference. But the visitors take it calm. Many of them had to wait hours outside at one of the four …
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Category: Innovation
A joke that I recently found again somehow describes the situation when you try to get ahead with ideas. Before we dive in, lets first look at the joke: There were a bunch of prisoners hanging around one day…when one suddenly says, “32”, and everyone laughs. A couple of minutes later another prisoner says, “19” …
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