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Sandy Riedel Premium Member Group moderator Ambassador
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How To Keep Innovation Alive in the Recession
Hello Everyone,

With the economy in a frightening spiral, the temptation is to put new product and new business development on the back burner. The better choice may be to figure out how to keep high-potential projects alive. One way may be to team up with outsiders and do less yourself.

"Collaborative innovation" is nothing new, of course, but doing it has long been a huge challenge.

An article in the December issue of the Harvard Business Review offers some valuable help. Its authors, Gary Pisano and Roberto Verganti provide a simple but useful framework that focuses on two questions: Given your strategy, how open or closed should your business's network of collaborators be? And who in the network should decide which problems the group will tackle and which solutions should be adopted?

Links:
http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/artic...

http://discussionleader.hbsp.com/hbreditors/2008/12/how_you_...

Cheers,
Sandy Riedel
- 11 Dec 2008, 11:15 pm
Sandy Riedel wrote: > Hello Everyone, > > With the economy in a frightening spiral, the temptation is to put > new product and new business development on the back burner. The > better choice may be to figure out how to keep high-potential > projects alive. One way may be to team up with outsiders and do less > yourself. > > "Collaborative innovation" is nothing new, of course, but doing it > has long been a huge challenge. > > An article in the December issue of the Harvard Business Review > offers some valuable help. Its authors, Gary Pisano and Roberto > Verganti provide a simple but useful framework that focuses on two > questions: Given your strategy, how open or closed should your > business's network of collaborators be? And who in the network should > decide which problems the group will tackle and which solutions > should be adopted? > > Links: > http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/articles/article.jsp?_requestid=74926&ml_subscriber=true&ml_action=get-article&ml_issueid=BR0812&articleID=R0812F&pageNumber=1 > > http://discussionleader.hbsp.com/hbreditors/2008/12/how_you_can_keep_innovation_al.html > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re: How To Keep Innovation Alive in the Recession
Hello Everyone,

Business-school gurus take lessons from an unexpected source.

AS THE warrior king who defeated the Mughals and founded the Maratha empire of Western India in the 17th century, Shivaji Bhosle is remembered as a tactical genius as well as a benevolent ruler. The direct descendants of his Malva-caste soldiers are also developing a reputation for organisational excellence.

Using an elaborate system of colour-coded boxes to convey over 170,000 meals to their destinations each day, the 5,000-strong dabbawala collective has built up an extraordinary reputation for the speed and accuracy of its deliveries.

Word of their legendary efficiency and almost flawless logistics is now spreading through the rarefied world of management consulting. Impressed by the dabbawalas’ “six-sigma” certified error rate—reportedly on the order of one mistake per 6m deliveries—management gurus and bosses are queuing up to find out how they do it.

Link: http://www.economist.com/business/displaystory.cfm?story_id=...

Cheers,
Sandy Riedel
- 27 Dec 2008, 8:26 pm
Sandy Riedel wrote: > Hello Everyone, > > Business-school gurus take lessons from an unexpected source. > > AS THE warrior king who defeated the Mughals and founded the Maratha > empire of Western India in the 17th century, Shivaji Bhosle is > remembered as a tactical genius as well as a benevolent ruler. The > direct descendants of his Malva-caste soldiers are also developing a > reputation for organisational excellence. > > Using an elaborate system of colour-coded boxes to convey over > 170,000 meals to their destinations each day, the 5,000-strong > dabbawala collective has built up an extraordinary reputation for the > speed and accuracy of its deliveries. > > Word of their legendary efficiency and almost flawless logistics is > now spreading through the rarefied world of management consulting. > Impressed by the dabbawalas’ “six-sigma” certified error > rate—reportedly on the order of one mistake per 6m > deliveries—management gurus and bosses are queuing up to find out how > they do it. > > Link: > http://www.economist.com/business/displaystory.cfm?story_id=11707779 > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^2: How To Keep Innovation Alive in the Recession
Hello Everyone,

Need Business Model Innovation--Look to India's Nano.

Congress just loaned $17.4 billion to Ford, General Motors and Chrysler, but it didn’t do what it should have done—seriously mandate major changes in the distribution system of the US carmakers. Thanks to heavy lobbying, some 40 states have laws prohibiting consumers from buying directly from Ford, GM and all other car-makers. These auto franchise laws force consumers to go through car dealers.

This is an unnecessarily expensive way of doing business in an age of web connection. It protects a distribution system that has a great deal of local power, but makes less and less economic sense.

The Tata Nano $2,500 has invented a new form of distribution system in India that bypasses most car dealerships. This cuts costs and makes the car more affordable to upwardly mobile Indians.

Link: http://www.businessweek.com/innovate/NussbaumOnDesign/archiv...

Cheers,
Sandy Riedel
- 29 Dec 2008, 8:03 pm
Sandy Riedel wrote: > Hello Everyone, > > Need Business Model Innovation--Look to India's Nano. > > Congress just loaned $17.4 billion to Ford, General Motors and > Chrysler, but it didn’t do what it should have done—seriously mandate > major changes in the distribution system of the US carmakers. Thanks > to heavy lobbying, some 40 states have laws prohibiting consumers > from buying directly from Ford, GM and all other car-makers. These > auto franchise laws force consumers to go through car dealers. > > This is an unnecessarily expensive way of doing business in an age of > web connection. It protects a distribution system that has a great > deal of local power, but makes less and less economic sense. > > The Tata Nano $2,500 has invented a new form of distribution system > in India that bypasses most car dealerships. This cuts costs and > makes the car more affordable to upwardly mobile Indians. > > Link: > http://www.businessweek.com/innovate/NussbaumOnDesign/archives/2008/12 > /ford_and_gm_nee.html?campaign_id=rss_blog_nussbaumondesign > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^3: How To Keep Innovation Alive in the Recession
Hello Everyone,

Old notion: In tight times, table or trim back all projects.
New order: Move forward. To delay is to lose out on savings and innovation.

Indeed, security remains a top priority for all companies -- with antivirus, encryption and identity management topping the list for Computerworld's Forecast survey respondents

Link: http://computerworld.com/action/article.do?command=viewArtic...

Cheers,
Sandy Riedel
- 30 Dec 2008, 3:20 pm
Sandy Riedel wrote: > Hello Everyone, > > Old notion: In tight times, table or trim back all projects. > New order: Move forward. To delay is to lose out on savings and > innovation. > > Indeed, security remains a top priority for all companies -- with > antivirus, encryption and identity management topping the list for > Computerworld's Forecast survey respondents > > Link: > http://computerworld.com/action/article.do?command=viewArticleBasic&ta > xonomyName=security&articleId=329993&taxonomyId=17&intsrc=kc_feat > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^4: How To Keep Innovation Alive in the Recession
Hello Everyone,

India can deliver affordable innovation to the world: Kiran Mazumdar-Shaw

“I believe India can bail the West out from its present innovation crisis. In the biotech sector, given the rather long gestation time periods and the unpredictable outcome of research efforts, innovation is a high risk and high reward business model.”

Generic drug manufacture has already shifted to India and China in a big way and now it is the turn of new drug development.

From the Nano to new drugs, India can deliver affordable innovation to the world.

Link: http://economictimes.indiatimes.com/articleshow/3924777.cms

Cheers,
Sandy Riedel
- 02 Jan 2009, 5:38 pm
Sandy Riedel wrote: > Hello Everyone, > > India can deliver affordable innovation to the world: Kiran > Mazumdar-Shaw > > “I believe India can bail the West out from its present innovation > crisis. In the biotech sector, given the rather long gestation time > periods and the unpredictable outcome of research efforts, innovation > is a high risk and high reward business model.” > > Generic drug manufacture has already shifted to India and China in a > big way and now it is the turn of new drug development. > > From the Nano to new drugs, India can deliver affordable innovation > to the world. > > Link: http://economictimes.indiatimes.com/articleshow/3924777.cms > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^5: How To Keep Innovation Alive in the Recession
Hello Everyone,

Review emerging approaches for generating funding.

This research estimates of adaptation costs and the funding chasm with existing sources of adaptation finance. It also assesses existing and emerging approaches to generating new finance from public sources.

Link: http://www.indiaenvironmentportal.org.in/content/financing-a...

Cheers,
Sandy Riedel
- 02 Jan 2009, 6:11 pm
Sandy Riedel wrote: > Hello Everyone, > > Review emerging approaches for generating funding. > > This research estimates of adaptation costs and the funding chasm > with existing sources of adaptation finance. It also assesses > existing and emerging approaches to generating new finance from > public sources. > > Link: > http://www.indiaenvironmentportal.org.in/content/financing-adaptation- > opportunities-innovation-and-experimentation > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^6: How To Keep Innovation Alive in the Recession
Hello Everyone,

Innovation should mean more jobs, not less

"If you invest in a technology that makes something more efficient, the fear is that people will be put out of work," says Kevin Efrusy, the venture capitalist whose firm Accel Partners is the lead funder of several important Silicon Valley start-ups, including Facebook. "But it's just the opposite. When anything becomes cheaper, we consume a lot more of it. The overall economic effect is, you create and expand entire new industries and employment goes up."

According to a 1995 study by the Organization for Economic Cooperation and Development, periods of high productivity — often achieved through automation — were correlated with periods of high job growth throughout the last half of the 20th century.

"Innovation leads to job growth directly and clearly," says Robert Atkinson, president of the Information Technology and Innovation Foundation.

Link: http://mobile.iht.com/articles/04unboxed.19064717.xhtml

Cheers,
Sandy Riedel
- 06 Jan 2009, 7:07 pm
Sandy Riedel wrote: > Hello Everyone, > > Innovation should mean more jobs, not less > > "If you invest in a technology that makes something more efficient, > the fear is that people will be put out of work," says Kevin Efrusy, > the venture capitalist whose firm Accel Partners is the lead funder > of several important Silicon Valley start-ups, including Facebook. > "But it's just the opposite. When anything becomes cheaper, we > consume a lot more of it. The overall economic effect is, you create > and expand entire new industries and employment goes up." > > According to a 1995 study by the Organization for Economic > Cooperation and Development, periods of high productivity — often > achieved through automation — were correlated with periods of high > job growth throughout the last half of the 20th century. > > "Innovation leads to job growth directly and clearly," says Robert > Atkinson, president of the Information Technology and Innovation > Foundation. > > Link: http://mobile.iht.com/articles/04unboxed.19064717.xhtml > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^7: How To Keep Innovation Alive in the Recession
Hello Everyone,

Think of others.

This website is so cool. It helps our children and helps feed the hungry people around the world.

What if just knowing what a word meant could help feed hungry people around the world? Well, at website called FreeRice it does. Go to the site, and you'll see a word and four definitions. Choose the right meaning and the site's advertisers will donate 10 grains of rice to the World Food Program, a United Nations agency that is the world's largest humanitarian organization.

The designer, John Breen stated, “I wanted to have something fun to do that wasn't just a waste of time and had some vaguely redeeming value," Breen says with a laugh. He decided on the vocabulary quiz -- and entered all 10,000 words and definitions himself -- after watching his son preparing for the SAT.

Link: http://www.dailygood.org/more.php?n=3559

Cheers,
Sandy Riedel
- 09 Jan 2009, 7:59 pm
Sandy Riedel wrote: > Hello Everyone, > > Think of others. > > This website is so cool. It helps our children and helps feed the > hungry people around the world. > > What if just knowing what a word meant could help feed hungry people > around the world? Well, at website called FreeRice it does. Go to the > site, and you'll see a word and four definitions. Choose the right > meaning and the site's advertisers will donate 10 grains of rice to > the World Food Program, a United Nations agency that is the world's > largest humanitarian organization. > > The designer, John Breen stated, “I wanted to have something fun to > do that wasn't just a waste of time and had some vaguely redeeming > value," Breen says with a laugh. He decided on the vocabulary quiz -- > and entered all 10,000 words and definitions himself -- after > watching his son preparing for the SAT. > > Link: http://www.dailygood.org/more.php?n=3559 > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^8: How To Keep Innovation Alive in the Recession
Hello Everyone,

If You Can't Measure Innovation and Performance, You Can't Improve Them

"Worldwide, we found that people's confidence in innovation seems to be independent of whether the economy is going up or down and that people in countries with more traditional social values are more likely to welcome innovation. The IIIP Innovation Confidence Index is the only clear snapshot of consumers' receptivity to innovative products, and findings like these provide important insights for developing global marketing strategies," the report's author Dr. Jonathan Levie of the University of Strathclyde in Glasgow said.

Links:
http://www.iii-p.org/
http://www.prweb.com/releases/III-P/Economy/prweb1929394.htm

Cheers,
Sandy Riedel
- 30 Jan 2009, 07:16 am
Sandy Riedel wrote: > Hello Everyone, > > If You Can't Measure Innovation and Performance, You Can't Improve > Them > > "Worldwide, we found that people's confidence in innovation seems to > be independent of whether the economy is going up or down and that > people in countries with more traditional social values are more > likely to welcome innovation. The IIIP Innovation Confidence Index is > the only clear snapshot of consumers' receptivity to innovative > products, and findings like these provide important insights for > developing global marketing strategies," the report's author Dr. > Jonathan Levie of the University of Strathclyde in Glasgow said. > > Links: > http://www.iii-p.org/ > http://www.prweb.com/releases/III-P/Economy/prweb1929394.htm > > Cheers, > Sandy Riedel
Sandy Riedel Premium Member Group moderator Ambassador
The company name is only visible to registered members.

Re^9: How To Keep Innovation Alive in the Recession
Hello Everyone,

Marketplace Security

To regain confidence, it requires straightforward, honest messages to regain marketplace security. In 2009, perhaps more than ever, the words you use can determine whether you make a sale or lose a customer.

Here are 10 words to avoid:
1. Free
2. Guarantee
3. Really
4. Very
5. That
6. A Lot
7. Opportunity
8. To Be (or Not To Be, For That Matter)
9. Synergy
10. Drinkability

Link: http://www.entrepreneur.com/advertising/article199152.html

Cheers,
Sandy Riedel
- 06 Feb 2009, 8:25 pm
Sandy Riedel wrote: > Hello Everyone, > > Marketplace Security > > To regain confidence, it requires straightforward, honest messages > to regain marketplace security. In 2009, perhaps more than ever, the > words you use can determine whether you make a sale or lose a > customer. > > Here are 10 words to avoid: > 1. Free > 2. Guarantee > 3. Really > 4. Very > 5. That > 6. A Lot > 7. Opportunity > 8. To Be (or Not To Be, For That Matter) > 9. Synergy > 10. Drinkability > > Link: http://www.entrepreneur.com/advertising/article199152.html > > Cheers, > Sandy Riedel

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