Misuse the term disruptive at your peril

The term disruption comes up constantly in the world of innovation but often in the wrong context.  Most people think of it as a big, breakthrough technology that will become the next big thing.  Most of the time it isn’t that at all. It usually starts out as something very unremarkable but has the ability to unseatContinue reading “Misuse the term disruptive at your peril”

What is a business model?

In my last post I discussed the need for business model innovation to enable entrepreneurs to find solutions to the problems and opportunities we face.  In this post I will expand on that by proposing some structure around the term business model.  Having this structure is important if business model innovation is going to beContinue reading “What is a business model?”

Finding a real world problem to solve

As I have mentioned in previous posts a wave of entrepreneurs creating new ventures has a greater ability to solve the problems and capitalize on today’s opportunities than existing top down institutions.  Since that time I have had the opportunity to work with many entrepreneurs and speak with other mentors and funders of entrepreneurship.  WhileContinue reading “Finding a real world problem to solve”

Moving from the lab to the practical world

There is constant research going on in government, university and corporate labs but we are left wondering how much of it is actually commercialized.  By most estimates only a small proportion ever is.  Presumably the rest sits on the shelf in the hope or expectation that someone, someday will find a use for it.  Too often we expectContinue reading “Moving from the lab to the practical world”

Who needs process — let’s just get out there and do it. Right?

People, especially entepreneurs, don’t like to follow process if they can avoid it.  This fact is especially true when the process is not intuitive.  We are generally driven to just get started and build stuff.  My belief about how we assess someone’s contribution is based on their list of stuff.  The people with the longer listContinue reading “Who needs process — let’s just get out there and do it. Right?”

Business model versus technology innovation

When you mention innovation people often jump straight to R&D and think about the development of technology breakthroughs.  The key measurement often used is the amount of R&D spending per employee or number of patents.  While these are interesting measures they don’t tell the whole story.  The true questions is how much money does theContinue reading “Business model versus technology innovation”

Business planning — from analysis paralysis to active learning process

We are used to seeing business plans that are many pages thick and have taken the startup team many weeks to build.  That would probably be a good way to go if we knew exactly who the customer was, what they wanted and how we were going to build it.  We would also know whatContinue reading “Business planning — from analysis paralysis to active learning process”

What kind of innovation is it? Increasing the chances of success.

There is a step we need to consider before we make a final decision on the product and the target customers.  We need to determine if the product will be a sustaining or a disruptive innovation.  I will once again use the concepts developed by Clay Christensen.  In future posts I will integrate concepts fromContinue reading “What kind of innovation is it? Increasing the chances of success.”

How the entreSociety could come about

We start from where are today with a number of large corporations and government employing the bulk of  the people and having significant influence over the economy and the pace of change.  We also have a large number of small companies and not-for-profit organizations.  We have seen a growth in enterprises built not just forContinue reading “How the entreSociety could come about”