Category Archives: Processes & Tools

Better Inventions – Leveraging Powerful Stimulus

At my inventing company, we always use Quantum Idea Generation to generate the ideas that help companies double their innovation success rate. We have used Quantum Idea Generation to invent well over 25,000 concepts that has produced many, many successful new products, including many that have achieved your one sales of over $100 million.

Have You Tried New Ways to Innovate?

After relying on cost and operational efficiencies to grow the bottom line, many businesses are emerging from an innovation slumber post-recession. Now there is an imperative to refocus on organic growth. The importance of innovation in driving this growth is resurfacing to the top of the agenda. For many organizations, there are some radically new behavioural, structural and operational models of meeting this challenge are gaining popularity.

Want to Nail Pricing? Understand Market Dynamics First

Pricing is a game – one with asymmetric and imperfect information. So what does this mean for you? Basically, you’re very unlikely to nail pricing the first time. And even if you do come close, you’ll have to adjust as your product and market mature. While you’ll never get pricing 100% right the first time, there’s no reason you shouldn’t set yourself up for the best possible chance at success.

Crossing the Internal Chasm in Corporate Innovation

There is a huge noise around what companies should do to find the big ideas. Compared to it, the discussion about the best way of turning those ideas into substantial businesses is almost silent. We think it is high time to change this.

Why the Test & Learn Approach Does Not Work

The in-market test & learn approach to innovation is becoming increasingly common, because it meets the cultural needs of modern businesses to behave entrepreneurially. At The Strategy Distillery we believe (and have witnessed) this approach is life threatening to the future success of a newly launched product or service. Here's why...

Five Tips for Prioritizing Every Day

This past weekend, after finally completing the book I’ve been working on for more than 2 years (The Moral of the Story), I was looking forward to relaxing a bit with the family. However, it didn’t take long before thoughts of all the things still on my plate for the weeks ahead began causing anxiety. ...

Oracle Startup Cloud Accelerator

Intrapreneurship is also for startups! I met with Sylvain Tillon a few weeks ago in the course of the Oracle Startup Cloud Accelerator program set-up by Dominique Van Deth. I must say I was quite impressed by his entrepreneurship know-how. This was not the end of my surprise: he then mentioned the intrapreneurship spirit that ...

Bad Innovation Systems Beat Good Innovators Every Time

W. Edwards Deming once famously stated: A bad system will beat a good person every time.  What was Deming trying to convey with this quote? It wasn’t an attempt to get people to give up trying because failure was certain. It was an attempt to get people to understand the importance of the system and ...