Last month consulting firm Accenture released a report (“Why Low-Risk Innovation Is Costly“) on the state of innovation at big companies from the U.S., U.K., and France. Their survey of 519 executives at large companies concluded that most were disappointed with the return on their innovation investment. Many of these companies cited that they were scaling back their disruptive innovation efforts and settling for more incremental innovation like product line extensions.
Big Data has been all the rage for the last couple of years as companies try to figure out how to mine all of the bits and bytes that are captured and stored from their business processes.
Last year I had the chance to do an interview with a former classmate and friend Lt. Col. Mark Weber on his thoughts regarding “Leadership, Learning, and Failure.” Three years ago Mark had gotten a request to rejoin General David Petraeus as he was appointed to take command of the war in Afghanistan. From a routine blood draw and examination it was discovered that what Mark thought had been an ulcer was in fact cancer. For the last few years, Mark has taken great care to share his journey in his fight against cancer illuminating his circumstances to help others in their fight. Frequently he didn’t have “answers” from the medical community so he decided to lead the assault himself, figuring it out along the way. In the summer of 2012 Mark decided to take control of writing his own narrative too, wanting to share not just his cancer journey but his life story in a book Tell My Sons. Like every father, he wanted to hand down his thoughts, ideas, and lessons learned for his sons.
Last night the Miami Heat absolutely destroyed a San Antonio Spurs team that looked like they shouldn’t have even been on the court. Maybe that’s because according to all of the preseason stats and punditry it should have been the Los Angeles Lakers? But when the Lakers lost to the Spurs in the first round of the playoffs their season ended. In sports, as in business, the best laid plans don’t always work out as expected.
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