Innovation

4 Examples Of Innovative Companies That Work And 1 Example That Doesn’t (Part V) Read Part I here, Part II here, Part III here, and Part IV here. Microsoft Apple’s culture seems to be stuck in the past. Microsoft was in a similar place under former CEO Steve Ballmer. Just like Apple, Microsoft prioritized the…

4 Examples Of Innovative Companies That Work And 1 Example That Doesn’t (Part IV) Read Part I here, Part II here, and Part III here. Apple Apple is an anomaly on this list. While Apple has made the Boston Consulting Group’s list of the most innovative companies for the past 14 years, it does not…

4 Examples Of Innovative Companies That Work And 1 Example That Doesn’t (Part III) Read Part I here and Part II here. Facebook Actively listening to employees is one of the characteristics of human leadership. Delivering and receiving feedback is massively ingrained in Facebook DNA. Delivering feedback is not just encouraged; it is required. Facebook…

4 Examples Of Innovative Companies That Work And 1 Example That Doesn’t (Part II) Read Part I here. Amazon The phrase “Day One” in the title of Alex Kantrowitz’s book Always Day One: How the Tech Titans Plan to Stay on Top Forever comes from Amazon’s mantra of operating as if it is always a…

4 Examples Of Innovative Companies That Work And 1 Example That Doesn’t (Part I) As I start to wrap up the research phase of my book writing process, I want to give practical examples of some theoretical concepts I have been sharing. I have mentioned many times the idea of a “human CEO.” In this…

Joseph Schumpeter: Capitalism, Socialism, and Democracy (Part II) See Part I here. “Capitalist economy is not and cannot be stationary,” posited Joseph Schumpeter. Capitalism is an evolutionary process, and the system is revolutionized from within through the constant introduction of new methods of production, new commodities, or new commercial opportunities. The desire to produce new…

Joseph Schumpeter: Capitalism, Socialism, and Democracy (Part I) I based my dissertation’s theoretical framework on Joseph Schumpeter’s seminal theory of economic development, which states that innovation is the stimulus for economic development and capital accumulation. Schumpeter was a German economist who introduced the early concepts of innovation and innovation-performance relationships. Schumpeter claimed that without economic…

How Will New Technology Augment Human Capabilities? Many people are afraid of the changes technology will bring. However, they often forget that we have been adapting to technological changes all our lives. By adopting new technologies, we have been augmenting our capabilities even if we did not realize it at the time. The most obvious…