Book Review: Think Again by Adam Grant

The Big Idea: To beat the overconfidence effect in yourself and others you need to argue like you’re right but listen like you’re wrong. Background: Adam Grant was the youngest tenured professor at Wharton School, receiving tenure at the age of 28. He specializes in organizational psychology. He has been Wharton’s top-rated professor for seven … Read more

Measuring Value Metrics

The data you choose to measure to test the success of a project is very important. If you measure vanity metrics instead of measuring real value based on the strategic goals of the organization, you could end up with a warehouse full of cupcake supplies. The metrics you choose to measure the success of any … Read more

How Higher Education Is Killing Entrepreneurial Thinking

A few weeks ago, at the National Association of Community College Entrepreneurship (NACCE) Conference, I took part in a panel discussion on the subject of preparing our future workforce for entrepreneurial thinking. As companies increasingly express an interest in creative, innovative employees, one of the hottest questions in entrepreneurship education has become, “How do we … Read more

Are You Fostering Or Killing Innovation In Your Organization?

Launching new products and services is the only way to stay competitive in the new economy. Unfortunately, most companies have a process in place that stifles innovation. I recently gave a TEDx talk titled “Our Approach to Innovation is Dead Wrong” about why our traditional thinking with regard to launching new products or initiatives is actually killing those new ideas … Read more

How To Significantly Reduce The Risk and Expense of Innovation

Corporate innovation is all the rage these days. With plenty of money and time at their disposal, employees have ample resources to create the next big thing. But before they commit too many resources to an idea, these intrapreneurs can learn a lot from successful entrepreneurs who operate with fewer resources. Innovation within a corporation … Read more

I Run From Danger and Other Dumb Assumptions Entrepreneurs Make

What does it feel like to have a terrible business idea? The kind where people laugh behind your back as you walk away? Take a moment. Think about it. It actually feels a lot like having the world’s best business idea…right up until the moment when the market tells you that you don’t have anything anyone wants. I meet with a lot … Read more

Your Customers Are Lying to You — Here’s What You Can Do About It

(Note: This is the second installment of a multipart series on conducting customer interviews and discovering true migraine problems.  And check out the first article in the series.) Ok, you’re on the bandwagon. You understand that you need to a get to a new level when it comes to understanding your customers and finding their migraine … Read more