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Category: Innovation
It was the third pitch that I heard, while serving as pretend venture capitalist at this accelerator in San Francisco. But my reaction to this pitch was different. A quarter of the time in, I stopped listening to what the startup-founder said. Not, because his startup ideas was uninteresting, but because he just had said …
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Dec 11
Nine out of ten startups are failing, and this puzzles someone who is not familiar with startups or businesses. Creating a business is a risky move in every sense. Can you attract enough customers, is the location right, is your service or product attractive enough to have customers come and come again? The Product / …
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Category: Automotive, Innovation, Startup
The current unfolding of the Volkswagen cheat-scandal doesn’t miss out in drama. Millions of VW/Porsche/Audi-cars seem to be affected, recalls, multiple solutions, fines and damage payments, a sales decline, investigations all over the world, troves of people leaving, and now also Opel (a GM brand). We are just waiting for how more car-makers are involved …
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Category: Innovation, Innovation Outpost, Silicon Valley
The question that keeps many entrepreneurs awake at night is how they can survive in an ever faster innovation cycle. Successful companies have seen their business being transformed from one day to the other. Polaroid, Nokia, Blackberry, navigation system manufacturers, media companies, have been disrupted and now the car industry is on the cusp of …
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Category: Case study, Failure, Innovation
Growing up in the 70s and 80s I fondly remember the magic of instant cameras. While we never owned one, my parents’ friends had a Polaroid camera and took pictures that magically transformed from a black square to a colorful image within minutes. Those pictures taken back then still fill our boxes with photographs. But …
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Category: Automotive, Case study, Failure
It is still mind-boggling how fast Nokia fell from the top rank of the dominant phone company to being sold to Microsoft within five years. How did this happen? And more importantly, can this happen to other companies as well? Those are the questions that researcher tried to figure out in an extensive study for …
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Category: Innovation, Innovation Outpost, Silicon Valley
Silicon Valley is the most innovative region in the world, making a huge splash around the world. In the past decades whole industries have either been created or destroyed thanks to companies that had their origin or came to full bloom in the Bay Area. The microprocessor, graphical user interface, web browser, smartphone, electric and …
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Category: Innovation, Intrapreneurship, Metrics
Innovation, as with every initiative or process that companies want to track, needs to be measurable. If you can’t measure it, break it into measurable pieces. But innovation can be a messy process. While we are good with tracking the value and depreciation of hard assets, measuring the value of patents, soft skills, and innovation …
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Category: Automotive, Innovation
While the scandal around Volkswagen’s emissions fraud is still unfolding, one thing is clear: it’s going to be costly in any aspect. And it may be the demise of iconic Volkswagen. What is known today is that some people at Volkswagen thought that cheating is acceptable. And it blew up in their face big times. …
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Category: Gamification, Hackathon, Innovation
Organizations often ask how they can find good, innovative ideas. I had a call recently with a government agency where exactly this came up. We have ideas, but are these the right ones? What else can we do beside having a website where our citizens can suggest ideas? Let me tell you about a recent …
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