Posts tagged with “capabilities”
When your innovation pipeline is running low, it’s tempting to turn to internal brainstorming as a source of ideas. After all, your employees are smart people. They have localized knowledge and are intimately familiar with the organization’s capabilities – which, as MIT suggests, “can help companies turn suggestions into workable…
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In innovation, as in ballroom dance, starting on the right foot is key. There are many other elements of a good dance, of course – grace, flexibility, rhythm, etc. – just as there are many other factors that play into successful innovation; however, many of the stumbles, slip-ups, and collisions…
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Many large materials companies have spent the last century pouring money into their R&D organizations, hoping that they’ll be able to build deep enough “moats” with their technology to keep competitors at bay. But as unexpected new entrants and Silicon Valley startups disrupt the market with increasing frequency, corporations have…
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Warren Buffett is widely admired in the world of investing, and for good reason: since he became the majority shareholder of Berkshire Hathaway in 1964, the firm has outperformed the S&P 500 practically every year. This uncanny ability to pick stocks earned Buffett the nickname, “Oracle of Omaha.”
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At 8:12AM on July 20, 1976, NASA received the signal that the Viking 1 had made the first ever successful landing on Mars. For more than six years, Viking 1 roamed, collecting the first ever soil samples from the Red Planet and sending back the first ever photos from its surface.
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In his influential book The Tipping Point, Malcom Gladwell describes how, when, and why shoe brands, movements, and even diseases can “tip” into sudden, widespread acceptance. This concept has gotten a lot of traction in our innovation ecosystem, and the “smart home” and the Internet of Things are no exception…
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Despite the huge amount of airtime (and blog-iation) devoted to “blue oceans,” “white space,” and “3rd horizons,” we at Newry are conservative in counseling our clients about reaching beyond their core. In our experience, grass-is-greener thinking is often just an excuse for failing to exploit markets where you already are…
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