The Computer World blog had an interesting post “Microsoft dominates Apple in patents, so why does it lag in innovation?” Just-released information shows that Microsoft was granted the third most U.S. patents of all companies in 2010, with Apple way down the list at number 46. Why, then, does Microsoft lag so far behind Apple
If you remember the post from a couple of days ago about Chief Innovations Officer, here are Lessons on innovation from DuPont’s CInO: I think you keep things fresh by continuing to challenge the organization to look for the next new thing. When you maintain high standards and keep track of the frontiers of science — where
We have discussed the problem surrounding definition of what constitutes innovation and what is invention or just engineering. The issue is important because funding and management of innovation is different from other R&D. Here is a paper in the Journal R&D Management that gives a background on what is innovation: ‘Innovation’ was defined by Schumpeter
Corporate Executive Board had a very good summary of Six Myths of Corporate Strategy: Myth 1: Most Executives Want a Clear Strategy Myth 2: Employees Want Strategies to Succeed Myth 3: Visionary Strategists Deliver Premium Returns, Silencing all Opposition Myth 4: Executives Should Force-Rank Investment Opportunities Based on Expected Return Myth 5: Strategists want to
The article “Innovation is key to prosperity” from Canada (The Star) does not have a lot of useful information, but it does actually make a claim that there is too much money being spent on invention and too little on innovation: The Canadian government puts too much emphasis on invention, and not enough on innovation
In the same theme as Reverse Innovation and may be Borderless Innovation, Strategy + Business has an article on The Importance of Frugal Engineering. The central tenet behind every frugal engineering decision is maximizing value to the customer while minimizing nonessential costs. The term frugal engineering was coined in 2006 by Renault Chief Executive Carlos
Here is an interesting article in Business Week penned by a Senior Vice President from IBM. The article claims that CEO priorities are changing fundamentally: There is compelling new evidence that CEOs’ priorities in this area are changing in important ways. According to a new survey of 1,500 chief executives conducted by IBM’s Institute for