October 31, 2019 | by Chris Kalaboukis

What to do with your doctor cash cows?

A recent report from Merritt Hawkins indicated that the average employed physician generates over $1.5M to their employer. Also, while there is a lot of noise about value based and bundled payment, the reality in the examining room is  “the healthcare environment remains solidly rooted in fee-for-service and other forms of volume-based reimbursement. According to a recent Health Affairs study, 94.7% …

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October 31, 2019 | by Chris Kalaboukis

This blew my mind: Mercury is the closest planet to Jupiter

I love learning facts that challenge long-held assumptions and teach me to see things in a new way. Today, I learned something which seems completely counterintuitive, which is which planets in our solar system are actually the shortest distance from another. For example, we all learned the sequence of planets, showing how far away they […]

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October 30, 2019 | by Chris Kalaboukis

Secrets of a Successful Serial Intrapreneur- Paul Campbell: Chief Innovation Officer, W.L. Gore & Associates

A Keynote presentation from the Back End of Innovation Conference The first slide gave away the four secrets in brief form: Ideation Deconstruct Incubate Scale up Paul began his talk with a metaphor, the new SalesForce building—a new type of structure that is unprecedented in earthquake zones because it was so safe. He claims companies …

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October 29, 2019 | by Chris Kalaboukis

Is Artificial Intelligence The New Productivity Paradox?

In the 1970s and 80s, business investment in computer technology were increasing by more than 20% per year. Strangely though, productivity growth had decreased during the same period. Economists found this turn of events so strange that they called it …

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October 29, 2019 | by Chris Kalaboukis

Ich bin ein Berliner (finally)

Big news. As of October 2019, I am finally a proud resident of Europe’s coolest and most creative city: Berlin. While I have loved living and working in Sydney, Australia for the past few years, it has just been too far away from family. So a few months ago, my fiancee and I decided that […]

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October 28, 2019 | by Chris Kalaboukis

Greatest Threat Of AI is Not What You Think

Stop worrying about AI becoming your overlord. The real threat is much more obvious and interesting. We’ve all heard the prophetic apocalyptic predictions for AI’s future. Elon Musk has said that it’s our “biggest existential threat” and has likened it to “summoning the demon.” Other great minds are similarly vocal about their fears. The late …

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October 28, 2019 | by Chris Kalaboukis

The Importance of Seeing it Coming

In my travels this year, the one comment I’m hearing is “we just didn’t see it coming.” The grocery industry didn’t see it coming when Amazon suddenly jumped into their industry and 25 billion in market cap got erased overnight. An insurance company in California didn’t see it coming when the effects of climate change …

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October 27, 2019 | by Chris Kalaboukis

Three Rules for Better Decision Making

The primary responsibility of management is to allocate resources in the way that best achieves business objectives. If there are three or four options to allocate resources, which is the best choice? What is the time horizon for the decision? Is it be…

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October 27, 2019 | by Chris Kalaboukis

Want Great Insight? Then Experience It!

Listen, Watch…Then Do I’ll argue that while most do the first two , very few get to the last – the do part. That’s the single most important thing. It’s through the do, through direct experience that one develops and picks up on the most important thing. Context. Only through a never ending, ecosystem wide …

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October 25, 2019 | by Chris Kalaboukis

Run Wildly Effective Meetings With This One Powerful Template

Getting the most out of meetings is easy if you know how to effectively design them. One of the biggest black holes in workplace productivity is the poorly designed, poorly run meeting. No wonder 71 percent of senior managers view their companies’ meetings as unproductive and inefficient. When meetings aren’t effective, the natural instinct is to schedule …

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October 24, 2019 | by Chris Kalaboukis

Why Corporate Transformations Fail So Consistently (And How To Fix It)

We live in an age in which change has become the only constant. So it’s not surprising that change management models have become popular. Executives are urged to develop a plan to communicate the need for change, create a sense of urgency and then drive the process through to completion. Unfortunately, the vast majority of …

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October 23, 2019 | by Chris Kalaboukis

The Age of Innovation is Here to Stay, Are You Prepared for It?

The Personal Computer and the Internet have, without a doubt, revolutionized business in the last 25 years. For most of us, it’s now impossible to think of the business world without all of the technology and the services built on top of these two innovations. Yet, what if these innovations are just teaser of what […]

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October 22, 2019 | by Chris Kalaboukis

Focus on the Right Work Product and the Rest Will Fall in Place

We think we have more control than we really have. We imagine an idealized future state and try desperately to push the organization in the direction of our imagination. Add emotional energy, define a rational approach, provide the supporting rationale…

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October 22, 2019 | by Chris Kalaboukis

Are Empathy and Innovation in the Cards?

As part of the leadership team for a new human-centered problem-solving offering for select Oracle customers, I’m always on the lookout for new tools to integrate into our flexible problem-solving process to help clients innovate, grow or transform. Because our dynamic team of experienced professionals has a diverse range of knowledge, skills and abilities we’re …

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October 21, 2019 | by Chris Kalaboukis

The Single Most Important Thing You Can Do To Ensure Your Success

Of all the advice on starting and running a business none is more important than this. About 30 years ago my business partner and I were in the world headquarters of our startup — the second bedroom of my small condo. I had just created a rift between us by investing in a $1000 laptop …

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October 21, 2019 | by Chris Kalaboukis

Looking at Eric Ries and The Startup Way

With a wry grin, Eric begins his talk by knocking on the idea of certification: “A certified entrepreneur is a certifiable idea.” This was the perfect opening to a cunningly smart talk that cuts straight through the morass of corporate politics. The author of The Lean Start Up and The Startup Way began his talk …

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October 20, 2019 | by Chris Kalaboukis

This Small Startup Is Building The Tools That May Power The Quantum Era

In 2012, Shaun Wilson and Michael Brett were designing aerospace simulation software. On one particular project, Lockheed Martin’s Chief Scientist, Dr. Ned Allen, mentioned that it had just acquired an early quantum computer from D-Wave Systems, which he thought would help with computational work. They were impressed. “We found that it was an incredibly promising …

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October 20, 2019 | by Chris Kalaboukis

How Big Companies and Startups Use Co-Creation to Innovate

The latest research says “co-creation” is an untapped opportunity for innovation. Here’s how to do it. When I ran the internal strategy consulting group at HP, we constantly asked ourselves, “how can we get our $40 billion global behemoth operating more like a startup?”  That’s because like most big companies, we struggled with risk-taking and moving fast. Startups …

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October 18, 2019 | by Chris Kalaboukis

Turning your corporate assets in new ventures

I recently attended at Innov8rs conference an enticing presentation on business model innovation: “Turning your corporate assets in new ventures and opportunities”. It was delivered by enthusiastic Chloé Bonnet and Pauline Pham, respectively Founding partner and CEO, and Partner & VP, at Five by Five . They kindly accepted to go into more details into its creative …

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October 17, 2019 | by Chris Kalaboukis

Seven Trends Driving The Future of Innovation

Kraft Heinz’ stock is down 50 percent over the past 12 months, turnover in the executive ranks has increased, and the company’s inability to keep pace with changing consumer tastes is largely to blame. In an earnings call with investors, Kraft      Heinz CEO Miguel Patricio observed that “we’ve been too focused on the …

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October 16, 2019 | by Chris Kalaboukis

Five Reasons for the Post-Design Sprint Slump

Maybe you’ve called it something different, but I bet you’ve experienced it: it’s that feeling when your head’s down at work, too busy with your urgent day-to-day tasks to look up for a moment to contemplate future innovations. (Who has time for breakthrough innovation when you don’t have time for a proper lunch?) It’s that …

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October 15, 2019 | by Chris Kalaboukis

eBay for Patient Data

Enormous amounts of patient data creates big business opportunities. In fact, some day, patient sick care might be a loss leader. Instead, the revenue model will be patients owning data and using a platform to sell it for a price. Patients will become digital health entrepreneurs. Selling your sick care data is called an “edge opportunity”. We are …

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October 14, 2019 | by Chris Kalaboukis

The Wrong Diagnosis means the Wrong Remedy

We tend to revere our clinicians as towering experts in their fields. So how often do you think doctors misdiagnose? How often might your doctor tell you that you have some illness or condition, but it’s not right? For example, a doctor might diagnose the flu, but the patient really has something much more serious …

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October 14, 2019 | by Chris Kalaboukis

Abandon the Myth That Everything Happens For a Reason and Try This Instead

Failure and loss are inevitable, but trying to rationalize them can be the last thing you need to do. Yes, I know, you want to recoil at the the headline of this column. Stick with me. The last thing I’m advocating is that life is without purpose. But, it can certainly be random and, like …

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October 13, 2019 | by Chris Kalaboukis

Creating high-performing and faster-moving teams

It seems that every meeting I went to recently, and almost every person I spoke to, mentioned the new book, from the authors of How Google Works – The Trillion Dollar Coach. I dutifully ordered it and once I had the chance, diligently read it. It is described as the “blueprint for forward-thinking business leaders and managers that will …

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October 13, 2019 | by Chris Kalaboukis

The Eureka Moment Myth

In 1928, Alexander Fleming arrived at his lab to find that a mysterious mold had contaminated his Petri dishes and was eradicating the bacteria colonies he was trying to grow. Intrigued, he decided to study the mold. That’s how Fleming came to be known as the discoverer of penicillin. Fleming’s story is one that is …

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October 11, 2019 | by Chris Kalaboukis

Responsible Innovation in Healthcare – Unlocking the Power of Users

Meet a remarkable woman. Lisa Crites, an American broadcast journalist was 42 when she was diagnosed with breast cancer. Following a mastectomy she was advised not to shower because of the risk of bacterial infection to her surgical drains from tap wat…

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October 10, 2019 | by Chris Kalaboukis

Four Ways to Run Projects

There are four ways to run projects. One – 80% Right, 100% Done, 100% On Time, 100% On Budget Fix time Fix resources Flex scope and certainty Set a tight timeline and use the people and budget you have. You’ll be done on time, but you must accept a reduced scope (fewer bells and whistles) …

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October 9, 2019 | by Chris Kalaboukis

Going Beyond the Prototype

Recently I had the opportunity to interview Douglas Ferguson, author of the new book Beyond the Prototype: A roadmap for navigating the fuzzy area between ideas and outcomes.. Douglas Ferguson is an entrepreneur and human-centered technologist with ove…

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October 8, 2019 | by Chris Kalaboukis

Health Care Goes Retail and Changes the Game

The latest slew of new announcements and developments by big box retailers, pharmacy chains, and tech giants makes it clear. The consumerization of health care is here, and it’s much bigger than free flu shots at the drug store. In fact, it’s a game-changing shift on several dimensions. In our view, these are the ones

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