Lesley Gore passed away this week. She’s probably best know for It’s my Party but my favorite is You Don’t Own Me. To teenage girls in the early 1960s, looking at a bleak future in a Mad Men world, this must have been a powerful message (the song later became a feminist anthem). It’s hard to appreciate innovations like that 2-minute song without having the context of the times. So to honor her memory, my daughter and I played the song and then, to appreciate the context, watched the Folgers coffee ads of the time. 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
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
I’m not a big fan of ideas. Sure, ideas are great — some of my best friends are ideas. But managers tend to let our national obsession about having new ideas distract them from the hard work of building good products and successful ventures around what are almost always old ideas. So it was fun to see the great design OXO have at a competitor who claimed to “own” an idea that both had built products around.
The catch phrase of the Republican National Convention, “We Built It,” was a staged response to a strategically clipped quote from a speech by President Obama. As part of the government versus business debate, it has hopefully run its course. But as a lesson on innovation, it feels like a missed opportunity.
Across the globe, many of the opportunities for sustainable innovation will be in mature markets like energy, transportation, agriculture, construction and will present very different challenges from those of innovating in information technology, Internet applicaitons, or social media. The differences between driving change in these different conditions is a defining characteristic of each—something that entrepreneurs, investors, and policy makers alike seem to forget.