Monthly Archives: October 2013

Just say ‘Maybe’

What the diagnostics business can teach us about innovation investment decisions.   There are easy businesses and there are hard businesses.  Then there are REALLY HARD businesses. If you ask me (and I’m living it now in my current startup, Biological Dynamics), the hardest business of all is medical diagnostics, especially for initial disease screening (is the patient healthy or

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Search for a Scalable Business Model

In their book “The Startups Owner’s Manual” authors Steven Gary Blank and Bob Dorf argue that almost everything we know about taking products to market is wrong!  How’s that for an opening statement!?  They go on to illustrate how the world of new product introduction is littered with failures, mostly because companies (including startups) are using the wrong new business

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Thinking Design

In his book “Design-Driven Innovation.  Changing the rules of competition by radically innovating what things mean” author Roberto Verganti argues that truly ground-breaking innovation happens when leaders propose a new vision to the market that is made possible by a new technology, but most importantly, how it changes the underlying meaning (or the ‘why?’) of a certain activity.   He

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Memo to large companies: Listen to Lean Startups

Taking a page from Lean Production (the rigorous scientific-like management practices used by Industrial Engineers since the day of mass production, coupled with a heavy dose of Japanese-management style employee engagement), the Lean Startup movement has taken the entrepreneurship world by storm – finally providing a playbook to make a system out of winning in what has previously seamed like

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On the Origin of Ideas

In his book “The Nature of Technology” author W. Brian Arthur (formerly of PARC and the Santa Fe Institute) provides a bold theory for the evolution of technology.  He defines technology in several ways, the first being “The means to fulfill a human purpose”.  He sees technology as a tool that people can use to solve problems, implying that each

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