Change tends to be very difficult, but it does happen. Technology is one of the key drivers of change. Technologies enable new possibilities, such as typing this post on my iPad early Sunday morning, sipping coffee and listening to the rain. The iPad means that I can be productive any time, any place. This capability [...]
Archive for the ‘Innovation’ Category
So, the game plan, according to me, is to create the future. Who is on the team? You might think, based on my last post, that the team is all engineers and scientists. But, that is not how it has worked in the past.
Regardless of the technology — steamboats to automobiles to computers — the [...]
I am a student of history, particularly economic history. Lately, I have been immersed in reading about technological innovation in the late 19th and early 20th centuries. Transportation was transformed from stagecoaches and steamboats to railroads, automobiles and airplanes. Electricity transformed communications from mail, telegraph and telephone to radio, television and now Internet.
In the process, [...]
Over the past two decades, I have often asked executives about their toughest problem. Not surprisingly, they use many different words to answer this question. However, there is quite a consensus around, “Running the enterprise I have while trying to create the enterprise I want.”
Keeping the existing enterprise running tends to be a very demanding [...]
I recently read John Lynch’s Simon Bolivar: A Life (Yale University Press, 2006). Bolivar played the central role in freeing six Latin American countries from Spanish colonialism. The eventual domination of his armies and his subsequent nation building destroyed the old colonial order. However, creating the new order was a much more daunting task than [...]
I gave a keynote lecture on “Enterprise Transformation” at the Logistics International Congress last Wednesday in Bogota, Colombia. I also listened to several other talks from government officials in various ministries, as well as a few academics. I spent quite a bit of time talking with a wide range of people. Overall, I learned much [...]
Invention is the creation of a new device or process. Examples include computers, software products, chemical processes, junk foods, and kitchen gadgets. Innovation is the introduction of change via something new. Cable television and video rental stores were innovations, as were overnight mail and communication via fax and the Internet. Each of these innovations took [...]