Good News for Medical Device Innovators
New CMS rule aims to reimburse device makers years sooner In the folklore of entrepreneurship, clever innovations reap big rewards. Unfortunately, that is not always so. For example, genuinely new…
Want a Culture of Innovation? Involve Your Entire Company.
For your company to remain viable and innovative, you will likely need to present new products and services regularly. The pressure to produce new concepts can be crushing when the…
How Do You Start a Business to Combat Climate Change?
The human impact on the climate system is unequivocal. The changes now occurring have not been seen for countless thousands of years. It is 95% certain that humans are the…
Calling All Climate Change Entrepreneurs
We hear more and more about climate change and the many ways we are degrading our environment. As we know, problems beget entrepreneurial solutions. Yet, we still don’t see global…
Bringing Disruptive Products to Market
Since I am a techie at heart, I always get excited when founders pitch their innovation as “disruptive,” meaning that it is so unique that it will create a new…
Nine Principles that Foster Innovation
A guiding principle for startup success, as well as the long-term health of a mature business, is a liberal dose of innovation at the beginning, with more of the same…
Innovate or Die
Organizations cycle between exploration and exploitation. An exploration-oriented organization is full of innovation and creativity. It’s bursting with ideas, even if short on cash. Once an idea has manifested into…
Understand the Power of the Question to Drive Innovation
Asking "Why," "What If," and "How" is a powerful way to drive innovation, empower entrepreneurs, and create needed solutions.
A Night at the Museum: Using Art to Spark Creative Thinking
Public discourse in recent years has revolved around the question of creativity: how to foster it, how to harness it, and whether our society suffers a critical lack of it.…
Moving Electricity: Sometimes, Innovation Isn’t Enough
An old friend named Tim stopped by the office recently to talk about innovation in the electrical utility industry in the United States. Tim has spent 45 years in the…