Author Archives: AndrewPetrick

Innovation is a Symphony, a Harmony, and a Romance

Turning Ideas into Extraordinary Value To be an effective business leader these days takes more than the usual business skills. What has become necessary is developing “soft skills”. The CEO’s position now demands the skill set of a symphony orchestra … Continue reading

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Building the Innovation System

One goal in this blog is to show that an innovation system can be put in progressively over time, in a step-by-step fashion. So let’s consider what we do with our newly found, critical insights. The goal is to consistently … Continue reading

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Stay the Course – Reinvent Yourself!

To a business owner or CEO, “Stay the Course & Reinvent Yourself” may sound like a choice between continuing on a given path or choosing another. However, the truth is that innovative firms continue being one thing while becoming something … Continue reading

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Innovation: The Need for Focus

Big ideas come from insights that center on solving customer problems. Not everyone would exercises agree with this; some think that the best ideas come from wild and woolly brainstorming, unfocused ideas that get way “outside the box”. However, the … Continue reading

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Blackberry’s Research In Motion (Rim, Rimm): Victim of its Own Success

“Four years ago we beat Microsoft…. However, overconfidence clouds good decision-making.” Back when I was an investment executive, we had a saying that went something like this “when they start hanging art on the wall, it’s time to short the … Continue reading

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Measuring 63 Best Practices of Innovation

Copyright February 1, 2012 Andrew Petrick: all rights reserved There are a lot of Innovation surveys floating around out there – some highly useful; others not so much. Measuring the relative importance of key innovation activities give us a starting … Continue reading

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Identifying Needs That Drive Satisfaction

One place where innovation tends to get stuck is in accurately “defining user needs”, their struggles and drudgery, what they really want even if they don’t consciously know it. Usually, customers are not qualified to know what solutions are best … Continue reading

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Three Characteristics of The Innovator

Can innovation consistently lead to improved prosperity? Is there a simple path to a surge in business? Can you suddenly dominate your own little niche or category with a new product or service? Is there a reliable approach to innovation … Continue reading

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Finding Our Innovation Champions

Imagine if each and every person in our business arrived at work believing they could influence the destiny of our company through their ideas and innovations. Then imagine we could do this without creating major chaos. Can we delight our … Continue reading

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TRUE INNOVATION: Our People, Our Heart

“Innovation has nothing to do with how many R&D dollars you have …. It’s not about money. It’s about the people you have, how your led, and how much you ‘get it’ ” (Steven Jobs, 1981). People are at the … Continue reading

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