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Why are so few people talking about the massive wealth transfer to women? business innovation wealth transfer women Feb 15, 2024

Until astonishingly recently in the sweep of human history, women in the United States had little control over their financial assets, and despite the reality that they make fundamental spending decisions, many sectors of our economy continue to cater to men. If McKinsey is to be believed, that...

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Our lizard lateral brains and the exponential world we’re confronting business exponential change innovation Feb 08, 2024

Human brains were designed for a world of lateral change. But, as Ray Kurzweil and others remind us, learning-by-trial-and-error systems introduce the potential for exponential change. This has huge implications for how we design and build organizations and systems. 

You’re not imaging...

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An inflection point comes for Pharmaceutical Companies Jan 22, 2024

The Inflation Reduction Act for the first time allowed Medicare and Medicaid to negotiate with drugmakers for pharmaceutical prices.  It also contained a much less discussed provision regarding patent protections.  The law sets different exemption times for “small molecule”...

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WFH? RTO? Remembering the Allen Curve and Why It Matters Now allen curve innovation wfh Dec 14, 2023

A robust scientific finding from decades ago mapped the richness of information flows against how far apart people sat at work.  Called the Allen Curve after MIT’s Thomas J. Allen, who discovered it, it shows a precipitous drop in information flows as people were separated at work....

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On the agenda for 2024 – a better way to keep track of your innovation portfolio? business innovation Dec 07, 2023

I was delighted to be part of a virtual event sponsored by the good people over at Innov8rs, in which a field of 10 experts shared their perspectives on the prospects for innovation in 2024, launching the organization’s now much-anticipated annual handbook.

 

Conversations about what...

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Behind the scenes at the Outthinker Chief Strategy Officer Summit business innovation outthinker Nov 16, 2023

There is nothing like gathering with a group of peers from other organizations and sectors to facilitate making sense of the context in which crucial strategic decisions need to be made.  I was pleased to be an invited guest to the Outthinker CSO Summit, with the main topics being how...

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It’s Halloween! Speaking about X teams and leadership ghosts with MIT’s Deborah Ancona business deborah ancona innovation Nov 02, 2023

Our conventional wisdom about teams is that factors internal to the team mostly determine how well they will operate.  My LinkedIn Live guest, Professor Deborah Ancona from MIT, begs to differ. No matter how great the clarity of roles, alignment on deadlines or otherwise suitable a...

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Personalized strategy – without the expensive fees! My experience of being impersonated by an AI bot. artificial intelligence business innovation Oct 26, 2023

Among the unintended consequences of AI applications built with few guardrails is that conventional views of what is intellectual property are upended – I found out the hard way!

Image source  

Well, that was a surprise!

An acquaintance contacted me on LinkedIn about something...

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Want to help the environment? Here’s an affordable, easy, and devastatingly effective approach business environment innovation Oct 12, 2023

When it comes to challenges like climate change, it can feel overwhelming. After all, how much of an impact can any individual have on such a massive problem?   Imagine my delight at finding out about an initiative which is already having a dramatic effect on global groundwater restoration....

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Opportunities and Challenges of Driving Impact In Innovation – A Princeton Panel Discussion impact innovation princeton Oct 05, 2023

A dazzling array of speakers opened a day of hearing from entrepreneurs, researchers, businesspeople, and others convened for Princeton’s Keller Center’s Innovation Forum. I was delighted to be part of a panel, each person discussing a slightly different aspect of the current...

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Remembering Brian Dovey and his book “The Idea is the Easy Part” business Sep 28, 2023

I was deeply saddened to learn of the sudden passing of Brian Dovey, a partner at Domain Associates and a family friend on August 27. Imagine my surprise at receiving a signed copy of his new book, synthesizing so much of what he had learned in decades of investing in young entrepreneurs and...

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Using behavioral insights to better segment customers innovation learning guides segmentation Sep 14, 2023

This week, we’re launching a new guidebook series at Valize, designed to share core ideas about strategy today in a convenient online format for using with your team or on your own. The first one has to do with customer behavior and the all-important understanding of how traditional...

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Creating value or extracting it? An existential question. business innovation predatory value extraction valize Sep 07, 2023

A board and governance level issue that doesn’t get nearly enough attention is whether firms are being run as value creators or value extractors. As economist William Lazonick points out, absent real pushback, it is all too easy for management to simply extract value from companies –...

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The Rise, and Fall, of the Direct-to-Consumer Model #business dtc seeing around corners transient advantage Sep 06, 2023

There was a brief period in the early 2010’s when a new business model – dubbed “direct to consumer” emerged and threatened to upend established incumbentsA decade or so in, the assumptions underlying the model are in tatters and we’ve come to realize, as we...

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Learning from Homer on how to resist the Sirens of corporate innovation innovation Aug 29, 2023
Written by Todd Dunn

In Homer’s epic poem, Odyssey, Odysseus and his crew must sail past the land of the Sirens. The Sirens looked like beautiful women, and they sang a song so compelling and bewitching that sailors would be irresistibly drawn toward them. When sailors approached the...

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