Ornithologists report that New Caledonian crows fashion twigs into tools for collecting and extracting insects from the hollows of trees. What is more remarkable is that these birds pass their inventions along tox others in the flock. With each succeeding migration and generation, improvements are made and progress becomes discernible. Even in the animal kingdom, the ability to search and reapply know-how is a key attribute that moves a species from survival to prosperity.

Just as the guru tutors the novitiate so does the goldsmith his apprentice. The same is true for officers and engineers and in all fields where the mastery of craft is a matter of certification. The greater enlightens the lesser. The maxim is “See One, Do One, Teach One” or as the sensei might say “SODOTO.” (more…)

The headlines about the economic fortunes of the 1% and the associated political maneuvering to influence and manipulate our world view are disturbingly reminiscent of those in the early-twentieth century when mega-corporations called “trusts” ruled the day. This is exactly what French economist Thomas Piketty’s recent wildly best-selling book, Capital in the Twenty-First Century, tells us is happening again, but this time on our watch. Piketty narrates the dark story of high-efficiency capitalism and what happens when resources are concentrated and powerful groups take control of the market and the supply chain. It’s an indictment of the state of our world that’s set off both controversy and celebration. Many young and dispossessed people are inspired by Piketty’s neo-Marxian call for equality while those of us who have found our way through the Capitalist jungle are defending the benefits of a laissez-faire economy. (more…)

Innovations don’t stay innovations. There’s that drawer in all of our houses with the electronics, gadgets, and devices that were the it-thing in their own time and now have outgrown their usefulness and creativity. The challenge is not to become innovative but to stayinnovative.

How do you stay competitive and drive growth on a long-term horizon? (more…)