June 30, 2018 | by Chris Kalaboukis

Gray Hair, White Space

Geritol. AARP. RVs. These symbols of retirement are losing their relevance, empty shells of another’s generation concept of how to spend the remainder of your life once you have worked your last day. In the past week I talked to several people across the country who all turned 50. The same story surfaced organically. Thanks …

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June 29, 2018 | by Chris Kalaboukis

Meaning Making – How the Innovation-Driven Organization Imparts Purpose & Meaning

As I visit and observe what I call the “existential festivals” – events like Burning Man, SXSW, TED, Sundance, Bonnaroo, and ArtPrize, for example – I ask myself, “What are people really trying to accomplish here – besides just having fun?” The answer I’ve come away with – after quite a bit of pondering – …

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June 28, 2018 | by Chris Kalaboukis

Advice to a Medical Student Entrepreneur

Dear Susan, Congratulations on your recent graduation. I’m sure you are thrilled to start medical school in August and are looking forward to taking a break this summer. The usual commencement speech I’d give, had I been invited, goes something like this: Given your interest in building the company you started in college,however, you might want …

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June 27, 2018 | by Chris Kalaboukis

Innovation Labs: disruption, and new business models (2/4)

Click here to read Part One Innovation labs or rapid innovation centers are developing at fast pace. Hereafter, we prolongate the previous review of Innovation Labs, with an industry point of view. Each archetype can inspire the managers in charge of creating an innovation lab, and arm them to compose their own recipe for success. 4 …

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June 26, 2018 | by Chris Kalaboukis

100 Awesome Quotes on What It Really Takes To Innovate

1. “I want to put a ding in the universe.” – Steve Jobs

2. “Ideas won’t keep. Something must be done about them.” – Alfred North Whitehead

3. “Intuition will tell the thinking mind where to look next.” – Jonas Salk

4. “If you have always done it t…

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June 26, 2018 | by Chris Kalaboukis

Innovation or Not – Super Sexy Nobe 100

Estonia is known for pushing the boundaries as it tries to establish itself as a haven for innovation, and out of Estonia comes the latest in a string of interesting electric car projects. This one is super sexy for those of us that think that cars hav…

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June 26, 2018 | by Chris Kalaboukis

You Can’t Change Fundamental Behaviors Without Changing Fundamental Beliefs

In 2006, Blockbuster Video launched Total Access, a service that allowed its customers to rent videos online and return them to stores. The strategy was an immediate hit with customers and before long its online unit was making big gains against Netfli…

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June 25, 2018 | by Chris Kalaboukis

How some educators are creating unique learning options for students who benefit from personalized education

Education is more than the conveying of facts, and today’s students and their parents face overwhelming challenges, higher stress levels, and more decisions than ever as they follow their journey to become better learners and human beings. The future of education demands a new approach that combines the traditional teaching methods with meeting the increasingly …

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June 25, 2018 | by Chris Kalaboukis

Making Big, Bold Assertions to Drive Design Strategy

By Jon Kolko Design strategy is built on assertion. On the way to a great design strategy is the creation of a series of value assertions: driving statements that guide creative exploration and describe our commitment to our customers. Value…

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June 25, 2018 | by Chris Kalaboukis

How Innovation and Decentralization Will Forever Change Social Networking

The blockchain and cryptocurrency are more than just buzzwords nowadays. Bitcoin seems to be in the headlines every other day, while techies are all hanging on the looming promise of the blockchain’s revolutionary power. William Mougayar’s The Business Blockchain: Premise, Practice, and Application of the Next Internet Technology describes blockchain technology’s promise of security and …

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June 24, 2018 | by Chris Kalaboukis

Leaping to a New Growth Curve – Part 1 of 3

Recently I had the opportunity to interview Howard Yu, LEGO professor of management and innovation at the prestigious IMD Business School in Switzerland, director of IMD’s signature Advanced Management Program (AMP), and author of the book Leap: How to Thrive in a World Where Everything Can Be Copied to investigate a series of important questions …

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June 24, 2018 | by Chris Kalaboukis

Jeff Bezos Started Amazon by Answering This Simple Question

Give an honest answer to one question and even the most complex and intractable decisions become a piece of cake. In the end, it’s not the knowledge you accumulated that you’ll think about but rather the decisions you made. I’ve taught graduate school for two decades. I’m always amazed at how one of the hardest …

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June 23, 2018 | by Chris Kalaboukis

Leveraging Suppliers for Innovation

One of the greatest thrills of a career is when you see a nice client thrive and prosper. Recently, I was flown to the West Coast with a client to co-present the findings of a few innovation projects. We had an esteemed audience SVPs of marketing, proc…

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June 22, 2018 | by Chris Kalaboukis

Awesome Quotes on Planning

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“A goal without a plan is just a wish.” — Antoine de Saint Exupery

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” — Abraham Lincoln

“Plans are of little importance, but planning is essential.” — Winston Churchill

“No matter what the work you are doing, be always ready to drop it. And plan it, so as to be able to leave it.” — Leo Tolstoy

“Pray to Allah, but tie your camel.” — The Prophet Muhammed

“By failing to prepare, you are preparing to fail.” — Benjamin Franklin

“If you don’t know where you are going, you’ll end up someplace else.” — Yogi Berra

“The time to repair the roof is when the sun is shining.” — John F. Kennedy

“It’s takes as much energy to wish as it does to plan.” — Eleanor Roosevelt

“Plan for what is difficult while it is easy. Do what is great while it is small.” — Sun Tzu

“A good plan today is better than a perfect plan tomorrow.” — George S. Patton

“Many people spend more time in planning the wedding than the do the marriage.” — Zig Ziglar

“All human plans are subject to ruthless revision by Nature, or Fate, or whatever one preferred to call the powers behind the Universe.” — Arthur C. Clarke

Idea Champions

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June 22, 2018 | by Chris Kalaboukis

Innovation Labs: compose your recipe for success (1/4)

Innovation labs or rapid innovation centers are developing at fast pace. Just last week I was discussing about the set-up of an innovation lab in one African country where Orange operates. It often comes to the following 4 questions: What is the aim of…

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June 21, 2018 | by Chris Kalaboukis

10 More Amazing Innovation & Design Card Decks

Last year LPK created a card deck of the top 50 Roadblocks to Innovation. In the last 18 months we’ve shared 900+ sets to innovators in 28 countries on 6 continents – led 35+ workshops for groups in corporate innovation, academia, startups & non-profits – and learned a ton about what really stands between innovation ambition and impact. In March …

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June 20, 2018 | by Chris Kalaboukis

Have an idea? What’s next?

During residency, Dr. Jones, realized there were many surgical problems that needed innovative solutions. During his chief year of residency, he started his first company and created and acquired patents around a more convenient surgical instrument. While working on this project, he identified several other clinical problems that needed to be solved and began to add …

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June 19, 2018 | by Chris Kalaboukis

Don’t Bet On Someone Else’s Success Story

Every bold new business idea starts with a success story. Either it is a single organization or an aggregate sample that implemented a particular strategy and achieved outstanding results. That solid track record helps to convince others to adopt it, y…

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June 18, 2018 | by Chris Kalaboukis

Try this Ideation Method – The Ideas Exchange

The Ideas Exchange is a brainstorm method which works well for larger groups.   It is easy to run, quick and effective.  This is the procedure: The problem is clearly stated. Everyone is given two colored cards (or post-it notes). Say one white and one pink. Working silently and individually they write down a sensible …

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June 17, 2018 | by Chris Kalaboukis

5 Tips for Innovative Designs

Tip #1 for Innovative Designs: There Are No Small Changes Innovative designs mean change, right? Often, yes, but caution is in order, “We want to limit the length of a review in the product to 140 characters, because we may want to use SMS at some stage. That’s a small change, right?” A stakeholder remark …

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June 17, 2018 | by Chris Kalaboukis

Why Winning a Trade War Can Lose the U.S. Battle over Innovation

For years, American companies have complained that foreign competitors, the Japanese in the past, and more recently, the Chinese, were stealing, borrowing, and copying intellectual properties. These complaints against copycats that foreign theft of American trade secrets runs up an estimated cost of “between $225 billion and $600 billion annually,” according to the United States …

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June 16, 2018 | by Chris Kalaboukis

Embody the Problems to Discover Innovation

Much of the work of innovation takes place trying to deeply understand the unmet needs of a particular market. As one Innovation school of thought calls it, what are the “jobs to be done?” Discerning these needs, these undone jobs, takes more empathy than data, more heart than head, and it takes a real investment …

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June 15, 2018 | by Chris Kalaboukis

Problem Solving: Your problem may be your best resource

Testing the traction We all try to avoid the bias of the ‘Law of the Instrument’— whereby we walk around with our hammer and see everything as a nail — but when you keep seeing a method really help people think differently, it’s hard not to want to share the hammer around… I gave a …

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June 14, 2018 | by Chris Kalaboukis

Great Feedback from a New Client

Dear Esteemed Heart of Innovation Readers:

There’s a good chance you and I have never met, talked or exchanged emails. If you are a subscriber to this blog, our only connection has been you reading my postings from time to time, 95% of which have …

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June 14, 2018 | by Chris Kalaboukis

Testing Your Strategy – Does it nest?

A few days ago, as I was waiting for an item I purchased in my local Apple store to be brought out to me from the back of the store, I had the opportunity to observe Apple’s frontline strategy be played out in front of me. It revolved around another floor associate assisting a gentleman …

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June 13, 2018 | by Chris Kalaboukis

Accelerating Corporate Startups at Telekom UQBATE

Johannes Nuenning is VP of the Deutsche Telekom incubator, targeting employees who want to realize their idea, and become entrepreneurs: yes, en-trepreneur, and not necessarily in-trapreneur! Johannes acts as business angel for corporate entrepreneurs,…

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June 12, 2018 | by Chris Kalaboukis

Innovation Isn’t About Control, But Access

Completed in 1928, Henry Ford’s River Rouge plant was a marvel of its age. It was almost 100% vertically integrated, even producing its own steel and by the 1930s over 100,000 employees worked there, producing nearly every component for the cars that Ford built. It was, at the time, considered to be a key advantage. …

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June 11, 2018 | by Chris Kalaboukis

Innovation Sighting: Attribute Dependency and the Shape-Shifting Mannequin

Robotics and Fashion Design are two industries not typically paired together. Designer Audrey-Laure Bergenthal has done just that by designing a robotic mannequin that can change size in a matter of seconds. After hearing from women who could never find…

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June 11, 2018 | by Chris Kalaboukis

Don’t Accelerate Innovation – Burst it

The most difficult part of innovation is starting, and the best way to start is the Innovation Burst Event, or IBE. The IBE is a short, focused event with three objectives: to learn innovation methods, to provide hands-on experience, and to generate ac…

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