We become what we think about. To spur thinking about innovation as a normal, everyday part of doing business, I’m debuting Three Innovation Awards as a new monthly feature. (Suggestions for future awards are welcome.)
“…the only band literally directed by an ass.”
Each August, Elvis Presley fans mark the anniversary of his passing. Presley’s fusion of [...]
Continue reading about Three Innovation Awards for Sept. 2009
The NY Times has a nice article today on business innovations among interior designers:
In a business where tradition can squelch creative ways of doing things, it is often difficult to introduce fresh ideas, but the economy is encouraging experimentation.
Here are some of the themes I noted:
Taking smaller and off-beat projects
Offering streamlined online services
Empowering client-led design [...]
Whether you’re starting, repairing, renewing, or reinventing your enterprise, the Infochachkie blog offers a well-considered assessment of the downturn climate and how it can be seen positively.
I found it a worthwhile list — except for the first item which implies that reduced prospects for investor funding may be more blessing than curse. Instead, I’d add [...]
Continue reading about Ten reasons to start a company in an economic downturn
This morning’s NPR Morning Edition did a nice 4-minute piece entitled “Consumers Spurn Dining Out for Prepared Foods.” It’s a perfect illustration of a Substituting strategy in action: when consumers cut back spending, they look for substitutes and create new opportunities for businesses.
The report begins:
Groceries are one of the few bright spots in the [...]
Continue reading about Substituting: Dining out is out; prepared foods are in
