For my 2016 Innovation of the Year—celebrating that innovation which most changed the game—one stood clearly in front of all others. Largely because it also stood clearly behind so many of the others: hype. Like all past IOTY winners, hyperbole wasn’t invented in 2016 but this was the year it demonstrated its truly disruptive potential. Continue reading
Straight from the horse’s mouth, the father of the theory of Disruptive Innovation Clay Christenson pronounces Tesla’s Electric Vehicle not technically (theoretically) a disruptive technology. It can still have dramatic impacts on the auto industry and beyond, but it’s just old school innovation. Continue reading
FastCompany released its annual “50 Most Innovative Companies” list, one of the more enjoyable of the dozens published every year. Pick up any one of these and three things become immediately apparent. First, there is no shortage of role models for innovation. Second, outside the crowd favorites (Apple, Google, and Facebook) there is little overlap between lists. Third and perhaps most importantly, each company and what makes them innovative ranges wildly. Continue reading
Tesla recently announced its plans to be as big as Apple within 10 years (a bold statement given the electric car company sold 35,000 cars last year, just beating out the 30,000 iPhones Apple sold each hour last quarter). Regardless of Tesla’s promises, the future of electric cars hinges on advances in batteries which, in turn, hinge on how companies—and the country—choose to pursue those advances. Continue reading
Two articles give different views of the battlefield that is cleantech entrepreneurship these days: one from 1000’ and the other from the trenches. They offer a good lesson on the importance of having an innovation strategy informed by history more than hyperbole. Continue reading
The more dire the climate change predictions, the louder the calls for new and disruptive technologies. While it’s a great aspiration, as a theory disruptive innovation provides dangerous guidance on how disruption really happens. Continue reading
The business world has embraced the notion of disruptive technologies and, in large part, so has the public sector, and yet so many of the most significant innovations have been tipped by disruptive policies, not technologies. Continue reading
Innovation is hard, but sometimes we make it harder than it needs to be. It’s a lesson we could all use, but especially big companies betting millions on sustaining innovations. Continue reading
What’s your innovation strategy?
The question often stumps executives, who tend to think innovation is something outside the normal work routines, not something that can and should be directed. Yet how much of your company’s strategic plan depends on innovation — on the development of new products, new processes, or (often) both — that will provide tomorrow’s competitive advantage? Continue reading
The valley of death is an hackneyed term used to describe where startups run out of money. This can be solved, early earlier-stage investors and policy-makers contend, by giving them more money. I’ve argued before this is misguided. The reason why is a cautionary tale to anyone leading a new venture.