A generalizable framework for evaluating new business opportunities

Whether an idea for a startup or new product or service offering at an existing company, the following is a framework I use to evaluate new business opportunities. Usually, the truth is that we aren't deciding between pursuing one opportunity or not; rather there are multiple opportunities available Read more [...]

Does it make sense for OEMs to be investing in AVs and urban mobility products?

TLDR: AVs and robot taxi services are not a near-term (3-7 year) threat to existing OEM business lines, but they are a longer-term (7+ year) threat to OEMs; and this is why they are investing so heavily in AV technology. Investments being made by large car manufacturer (OEMs) in self-driving Read more [...]

The firm as a great listener… Do businesses underutilize reverse channels?

In marketing, we frequently discuss distribution channels (how a manufacturer gets something to a customer to buy) but I rarely hear conversations about  reverse channels, which we can think of as the way a customer gets something to the manufacturer. As marketers and business leaders, I think we Read more [...]

McKinsey Quarterly interview with Pixar award-winning Director, Brad Bird

In the McKinsey Quarterly interview of Brad Bird, the award-winning Pixar film Director shared very interesting insights relevant to anyone leading highly-creative innovation work.   Below are some quotes from the interview and takeaways that are worth sharing. Before I got the chance to make films Read more [...]

What are insights and what role do they play in leading innovative changes in business?

I just finished reading a well-written and insightful paper about insights and the role they play in innovation consulting.  The author, Mark Payne, Fahrenheit 212 co-founder and President, seems to practice what he preaches.  The fundamental role of "commercial insights" he explains to be necessary Read more [...]

Large American Corporations Recruiting MBA Students of Entrepreneurship

I just read a BusinessWeek article (see quote from article below) that mentioned Microsoft's increased level of interest in recruiting MBA students of entrepreneurship, and I think it this is smart.    Ever since my introduction to corporate entrepreneurship at RPI, I started thinking that corporations Read more [...]

One day, we will look forward to commercial breaks!

One day, an individual consumer watching TV any day of the week will be like watching the Super Bowl, when we look forward to the commercials; but it will actually be better. Right now, many people hate ads; but ads actually serve a very useful function of informing us about things we should know about. The problem with the current advertising system today is that ads annoy us more often then they inform us. In the future, ads will do a better job of informing us, and will hence be less annoying. Read more [...]