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…)

Innovation isn’t change. It may seem like a minor difference but this is actually a huge distinction. Change is moving away from something; innovation is moving towards something.

Moving away from something is always traumatic while moving towards something is almost always a euphoric experience. Consider the following two examples of friends of mine who lost their positions during the Great Recession. Both are remarkable men with sterling credentials and prodigious ambition. Each is the primary earner in their household and takes their obligations to their families seriously. These kinds of people are seldom unemployed even in the worst circumstances. (more…)

In some practical ways our world is still illuminated by the Scottish Enlightenment that brought us such goodies as electromagnetism, capitalism and single malt whisky. The modern incarnation of Caledonian resourcefulness and skepticism may well be that inventive investigator, Angus MacGyver, and those purveyors of spontaneous hamburgery, McDonald’s. Each represents an important mindset required to make innovation happen. Yet, when sequenced in the wrong order they bring about the chaos of rule breakers and the oppression of rule makers. (more…)