Mills Scofield

MARCH 23, 2015

They started in Zanzibar with incubators and X- ray machines that were too ‘old’ for us in America. Computer science and engineering students caught the spark, developing tools to track and repair equipment so it could be up and running to save and heal lives. They drive us to innovate and to make an impact.

Mentor 70

Mentor Incubator Open-book Innovation 70

Mills Scofield

MARCH 23, 2015

They started in Zanzibar with incubators and X- ray machines that were too ‘old’ for us in America. Computer science and engineering students caught the spark, developing tools to track and repair equipment so it could be up and running to save and heal lives. They drive us to innovate and to make an impact.

Mentor 70

Mentor Incubator Open-book Tools 70

Strategy Driven

DECEMBER 16, 2020

For years now, huge corporations such as British Aerospace Engineering and Raytheon have completely dominated the market and swooped in to poach promising innovators. The asymmetrical aspects of America’s security, as well as the growing threat of flashpoints with China and Russia , require constant innovation at a quick pace.

Innovation 131

Innovation Software Industry Politics 131

Harvard Business Review

JULY 3, 2014

GE’s best path to organic growth is to continue the world-changing innovation it has always been known for. In marketing, we resolved to fuel that innovation, and also to make our own efforts as creative and valuable as the products coming out of our R&D labs. Incubate new businesses and models. Go to new places.

Innovation 16

Innovation Marketing Incubator Class 16

Harvard Business Review

APRIL 27, 2016

There they met and worked with painters, sculptors, and other artists; architects, mathematicians, engineers, anatomists, and other scientists; and rich merchants who were patrons. Florentine workshops were communities of creativity and innovation where dreams, passions, and projects could intertwine.

Innovation 8

Innovation Workshop Incubator Engineering 8

Harvard Business Review

MARCH 5, 2012

We would examine my stalled plans in order to better understand how people make progress, and more specifically, what leads us to innovate. But in analyzing what I thought were merely stall tactics, I've come to realize that the anxiety caused by procrastination is actually a critical component to innovation. Research supports this.

Innovation 18

Innovation Incubator Business Model Wilde 18

Harvard Business Review

JANUARY 6, 2014

My fellow HBR blogger Bill Taylor recently made a pitch for all of us to stop using the word “innovation” in 2014. What can be done, in the spirit of Bill’s admonishment, is to stop getting tangled up in all of the variations, nuances, tools, techniques, models, frameworks, and paradigms of innovation. Second, demystify the process.

Innovation 8

Innovation Incubator Taylorism Taylor 8

Harvard Business Review

JULY 3, 2014

GE’s best path to organic growth is to continue the world-changing innovation it has always been known for. In marketing, we resolved to fuel that innovation, and also to make our own efforts as creative and valuable as the products coming out of our R&D labs. Incubate new businesses and models. Go to new places.

Innovation 9

Innovation Marketing Incubator Class 9

Harvard Business Review

MAY 13, 2014

You need to think like a portfolio manager, allocating resources both to innovate in your core and for the future. Knowing that today’s operations will almost always win the lion’s share of resources, you need to consciously create a protected class of innovative ideas to invest in, even if money is tight.

Six Sigma 9

Six Sigma Incubator Payback Period Ries 9

Harvard Business Review

MARCH 1, 2016

What’s driving companies to relocate near urban universities is the changing role of innovation within the private sector as firms are increasingly relying on external sources to support technology development. In the past, many large companies tended to innovate in isolation. Insight Center. The Global Digital Economy.

Incubator 8

Incubator Supply Chain Real Estate Technology 8

Harvard Business Review

FEBRUARY 22, 2016

Third, hardware entrepreneurs in some cities can now access a sophisticated supporting infrastructure, including a sizable ecosystem of hardware “studios,” incubators, accelerators, and service-providers that has grown up to abet start-ups in dozens of cities from Austin to Providence to Miami.

Entrepreneur 8

Entrepreneur Contract Manufacturing Incubator Venture Capitalist 8

Harvard Business Review

SEPTEMBER 10, 2012

They all incubated their business ideas while employed by someone else. those who have the talent and drive to be inventive and enterprising) were happy at work, or at least felt that their ideas are being valued, they would contribute to innovation and growth in their employers' organization, rather than setting up their own company.

Leadership 17

Leadership GDP Entrepreneur Incubator 17

Harvard Business Review

JULY 11, 2017

The bar was set high: The district would need to create jobs, engage the surrounding community, inspire connection between the existing neighborhood and the broader city, preserve historical identity, and incubate entrepreneurship — all while making economic sense as a development.

Real Estate 14

Real Estate Development Long-term Short-term 14

Harvard Business Review

APRIL 5, 2018

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. We’re now entering a new era of innovation , one that the model doesn’t quite fit, and we will have to develop new approaches to build the future.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

NOVEMBER 1, 2012

In the mid-90s as CEO of Medtronic, I was concerned about whether we could sustain the remarkable success in innovation that we had enjoyed during the previous 10 years. This process of "disruptive innovation" enabled new competitors to create entirely new product categories. Nevertheless, we steadfastly supported the venture.

Disruptive Innovation 8

Disruptive Innovation Christensen Telecommunications Incubator 8

Harvard Business Review

FEBRUARY 2, 2012

Entrepreneurship is conflated with innovation. Davos leaders who recognize that entrepreneurship is distinct from self-employment and small business, often fall into the trap of equating entrepreneurship with innovation and, by default, technology. Thus, designing one is an engineering task. I suppose I shouldn't be surprised.

Venture Capitalist 15

Venture Capitalist Entrepreneur Incubator Innovation 15

Harvard Business Review

OCTOBER 26, 2017

“He that will not apply new remedies must expect new evils; for time is the greatest innovator,” stated Francis Bacon. As with many clusters, a university sits at its center: founded in AD 1088, the Studium of Bologna was the major educational innovation of Europe’s second millennium. How did the city make the leap?

Education 8

Education Pharmaceuticals Innovation Industry 8

Harvard Business Review

JULY 10, 2012

GE, for example, went from hundreds of discrete BU 's to a dozen large businesses with each one having strong, centralized finance, HR, engineering, marketing, and manufacturing units. Finally, carve out innovation incubators that will serve not only to build new businesses but also to grow general managers.

Management 14

Management P&L Incubator Finance 14

Harvard Business Review

JANUARY 17, 2012

The engineer behind that project, Steve Sasson, offered a memorable one-liner to the New York Times in 2008 when he said management's reaction to his prototype was, "That's cute — but don't tell anyone about it.". This is the title of the first day of the 28-day training program in the back of The Little Black Book of Innovation.

Gilbert 15

Gilbert Film Incubator Business Model 15

Harvard Business Review

MARCH 25, 2016

Over the major innovation cycles, the capitalist system has been resilient enough to absorb the effects of the crashes caused by pure speculation and turn them to its advantage. Some prominent economists predict a new period of secular stagnation as the last great phase of innovation-fueled growth (as they see it) dries up.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

APRIL 17, 2013

I''ve interviewed over 150 impressive, young entrepreneurs and engineers throughout the Arab world. They agreed, as I argued here recently, that this must mean impressive innovation coming from surprising places. Venture capital is ignoring the Middle East for all the wrong reasons.

Entrepreneur 8

Entrepreneur Incubator Globalization Marketing 8

Harvard Business Review

AUGUST 12, 2015

Malone is a brilliant financial engineer, who creates separate capital structures — each with a unique stock — for his different lines of business. But there’s a better comparison than Buffet: it’s John Malone, the “mastermind” who built the cable TV powerhouse Liberty Media.

Examples 8

Examples Incubator Restructuring Maturity 8

Harvard Business Review

FEBRUARY 19, 2013

VJ, an engineer in India working on a development project, is trying to resolve technical issues within a software application. As an added bonus, it has become an incubator for thousands of talented minds to create, innovate, and engage in new initiatives that include future product and service development.

Globalization 9

Globalization Incubator Incentives Advertising 9

Harvard Business Review

JANUARY 5, 2011

As Dick Morley — an MIT manufacturing innovator with deep experience in the auto industry — put it to us, "the trouble with big companies is that they take nice high-risk, high-return opportunities, then manage the risk out of them to the point that there's no return left." Certainly, that's a fair accusation.

Entrepreneur 14

Entrepreneur Innovation Intellectual Capital Mission Statement 14

Harvard Business Review

APRIL 9, 2013

Others see it as a giant economic engine spitting out startup after startup to capitalize on the region''s wealth of innovations. Here''s my advice, then, if you are one of those organizations that sends scouts to Silicon Valley or establishes an outpost to tap into the innovation taking place here.

Venture Capitalist 9

Venture Capitalist Innovation Incubator Learning-by-Doing 9

Harvard Business Review

MAY 23, 2014

But after spending the past two years traveling across the Arab world (and writing a book about innovation and entrepreneurship in the region), I also knew how younger generations and new technologies can redefine business and engagement across the board. We visited some of the greatest historic and cultural centers we have ever seen.

Travel 10

Travel Incubator Bottom-up Education 10

Harvard Business Review

OCTOBER 25, 2011

Bob is the Managing Partner of The Re-Wired Group in Detroit, an innovation incubator and consultancy specializing in demand-side innovation. An engineer, designer, serial entrepreneur, investor, and researcher, he has developed 1,000+ products/services and has collaborated with Clay Christensen at HBS for more than 15 years.

Mentor 15

Mentor Christensen Incubator Learning-by-Doing 15

Harvard Business Review

JANUARY 29, 2015

As Marco Annunziata , Chief Economist at GE, told me, “We’re no longer selling customers just a jet engine, a locomotive, or a wind turbine; we’re bringing data and actionable solutions along with the hardware to reduce costs and improve performance.” The first step was to hire someone to run it.

Software 8

Software Six Sigma Insourcing P&L 8

Harvard Business Review

OCTOBER 27, 2016

Similarly, about one-fourth of all technology and engineering companies started in the U.S. It suggests that public money may be better spent on building incubators for migrant entrepreneurs than on building border walls. In the U.S., immigrants are almost twice as likely to become entrepreneurs as native-born U.S.

Entrepreneur 8

Entrepreneur Venture Capitalist Retail Incubator 8

Harvard Business Review

JUNE 17, 2015

In response to the rapid advance of cloud computing, IBM’s software engineering groups embraced the Agile development method – with teams focused on incremental delivery of new capabilities every few weeks or months. To the engineers, the design thinking process seemed like a return to the Waterfall method. .”

Productivity 8

Productivity Products Customer Intimacy Software 8

Harvard Business Review

OCTOBER 23, 2018

From automotive to semiconductors to pharma to clean energy , America’s innovation centers have shifted east, offering growing evidence that the U.S. It’s a lesson for countries around the world: Once manufacturing bids farewell, engineering and production know-how depart as well, and innovation activities eventually follow.

Innovation 11

Innovation Offshoring Engineering Automotive 11

Harvard Business Review

JUNE 1, 2016

Each of these companies, in its own way, is a superior innovator. So to better understand how Google innovates, I took a close look at what it’s doing in one area: Deep Learning, a devilishly complex form of artificial intelligence that helps machines to absorb and act on information much as humans do. An internal incubator.

Innovation 8

Innovation Incubator Learning-by-Doing Engineering 8

Harvard Business Review

APRIL 27, 2015

Can you think of any business topic that’s been hotter for longer than innovation? In a McKinsey poll , 94% of the managers surveyed said they were dissatisfied with their company’s innovation performance. And yet when it comes to innovation, the gap between aspiration and accomplishment seems as big as ever.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

JUNE 26, 2018

These products are all held up as legendary examples of the power of intrapreneurship — entrepreneurial creativity and innovation within large, established organizations. Since the term was coined in the 1980s, intrapreneurship has been sold to companies as a catch-all solution for fostering innovation.

Incubator 8

Incubator Innovation Strategic Planning Human Resources 8

Harvard Business Review

JUNE 25, 2015

That requires constant innovation, in both our products and our own operations. Another line of innovation has us leveraging the growing capabilities of additive manufacturing. In this Denver facility, we outfit engineers and manufacturers in VR equipment and let them “step into” new spacecraft designs. Collaborate.

Operations 8

Operations Incubator Engineering Technology 8

Harvard Business Review

NOVEMBER 6, 2013

You’ve got funding and the blessing of your CEO and Board to go ahead with this high-profile “experiment” Your venture could be a growth engine for your corporation’s otherwise large but slow and steady core business. Entrepreneurship Execution Innovation' Then you start worrying.

Innovation 8

Innovation Constraint Analysis Objective 8

Harvard Business Review

OCTOBER 27, 2011

Kindle Fire Tablet — a new market disruption enabled by business model innovation. In The Innovator's Solution , HBS Professor Clayton Christensen and Michael Raynor assert that, to their knowledge, "no company has ever been able to build an engine of disruptive growth and keep it running."

Christensen 12

Christensen Retail Long-term Incubator 12