October 2010

The hyping of innovation

Isn’t it time for a moratorium on using the word innovation in advertising where it’s been relegated it to a nearly meaningless, over-hyped buzzword. As an example, a recent commercial shows a young father-to-be who realizes that his two seat sports car is not exactly going to be family friendly.  He proceeds to walk around [...]

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Too little – Too Late?

There have been a many recent articles on the launch of Windows 7 mobile. Most have praised Microsoft for getting it right this time, but as Walt Mossberg puts it in his WSJ column, “My conclusion is that Microsoft has used its years in the smartphone wilderness to come up with a user interface that [...]

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Should innovation be one of your core competencies?

Should innovation one of your core competencies? Peter Drucker may have answered that question best when he said that since businesses exist to create customers, the two essential functions of any business are marketing and innovation. And most CEO’s agree or why would they reinvest (aka spend) anywhere between 30 and 50% of their net [...]

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Starbucks to eliminate multitasking

That’s right – even a coffee chain knows that trying to do multiple things at the same time is a bad idea. This WSJ article details the ubiquitous coffee house’s efforts to improve quality and customer experience by limiting the number of drinks and the number of espresso machine’s run at the same time. Here [...]

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What are late new product launches costing you?

What are late new product launches costing you? I recently saw that missing the launch date for their 3D Gameboy is costing Nintendo $1Billion in lost profits by missing the Christmas buying season. When Nintendo issued the profit warning cutting it’s fiscal 2011 profit forecast that news wiped out 10% of the stocks value in [...]

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