Research and Development (R&D) is an endurance event. It is not a sprint. Innovation does takes time but cannot take so much time as to miss market windows. You need to pace yourself and your team. This is the only way to ensure consistent results. The common trap of we can … [Read more...]
Tell The Whole Truth
By the nature of their training, most engineers and scientists focus on the problems they are solving, not ones they have solved. One of the reasons this occurs stems from the scientific method, which most engineers and scientists are taught in school. The scientific method … [Read more...]
Two Quarters Out Mentality
Corporate America has a problem. The short term focus on beating the street by a penny has created a culture where most large companies only focus on the next two quarters out. No thought is put into longer term plans. The majority of the effort is put into meeting short term … [Read more...]
Inspiration, Perspiration and Saturation
Many innovators stress that invention is a spark of inspiration followed by long hours of perspiration. Along with perspiration comes the point at which your great new innovation saturates your ability to move forward. For marathon runners, this is hitting the wall. The point at … [Read more...]
Founders Agreement
Alright, you decided to start a business. That's wonderful. You and your best friend, co-worker, Internet buddy or whoever are going to give entrepreneurship a shot. Before you venture off into the wilds of business, you need to figure out what the deal is between you and your … [Read more...]