Select Page

A new frontier

This fall I'll be teaching a class at the business school at BU.  It should be an interesting experience, as the class emphasizes multidisciplinary product development.  This class has been offered for a while, so the materials are pretty well...

Innovation Economics

I was recently reminded of the "hit rate" for investment in innovation (I'm also including entrepreneurial ventures here).  Most companies, VC's and others use estimates as rules of thumb.  An optimistic one is something like 1/3 of...

The Innovator’s Perception

There's no question that truly innovative people are creative.  But creativity alone is not enough.  True innovators, those people who can deliver new ideas and offerings that are relevant to the market, possess something in addition to...

Agile Development and Innovation

I've been talking to some people in the software industry about innovation, and we were comparing my innovation and development processes to agile and waterfall development processes used in the software industry.  At first glance, I thought it was a...

Innovation Teams and Development Teams

Last year I wrote a post about getting multidisciplinary teams right.  I’ve recently been asked to speak about building teams for innovation and put together this slide that elaborates on the ideas I wrote about.  Later I’ll get into more detail...

What is a breakthrough product?

I talk a lot about how innovation work is different if you are developing an incremental innovation vs a truly breakthrough product.  As you can expect, the question then comes up about how a breakthrough product should be defined.  This is a great question,...