Careful Pricing Is Vital For Successful Innovation

Correctly pricing a new product or service is vital. Too high and you get no customers, too low and you leave money on the table. Either way you burn through cash so your innovation, and possibly your company, fails. Pricing is ...

2018 Heatwave Threatens the Future of Towns and Cities

A large part of the world’s population has experienced a dramatic heatwave in the summer of 2018. We have felt the impact of high temperatures and low rainfall, and we have seen dry rivers, empty reservoirs, and wildfires from all over ...

Understanding Your Project Portfolio with the Consumer/Technology Matrix

When you are only working on one innovation project at a time, you can give it all the care and attention it needs. There are no competing resource demands; at least for creating new products and services. Life gets more complicated ...

How to Spot and Make Use of Disruptive Innovation

For many years I have been fascinated by the idea of disruptive innovation and technologies. Whilst disruption certainly happens, there are plenty of historical examples of that, I don’t think you can identify which innovations will be disruptive and how ...

A Green Future: What Can We Do about Plastic Packaging?

At the end of 2017 the natural history programme, Blue Planet II, dramatically pushed the impact of waste plastics on the oceans into public eye. Since then, the topic has ...

A Snapshot of Energy Innovation from the Rushlight Summer Showcase

Last week I visited the Rushlight Summer Showcase in London. This brings together clean technology companies looking for investment and potential investors. The companies give a series of five-minute pitches to an investor panel, and there is also an exhibition ...

Knowledge Management is Not About Choosing the Right Software, But the Right Strategy

Business is all about knowledge and understanding; of the market, your customers, competitors, technologies and systems. Thomas Stewart used to say that “the history of business is the history of managing knowledge”. That has been true for thousands of years ...

Why Do Startups Fail?

A while ago I wrote about why innovations fail, and I wondered about start-ups. Do they have the same problems, or are they completely different? How often start-ups fail is a matter of debate. A commonly quoted figure is that 90% ...

Making Progress Means Changing the Team

Getting the right people doing the right jobs is one of the major challenges in a small, growing business. We each have our particular strengths and our favoured working styles. Teams need to evolve as the business develops, and getting ...

All Innovation is Important, Not Just Some Types

Sometimes in conversation you suddenly run straight into a conceptual brick wall. You seem to be discussing the same topic, but somehow you are approaching it from such different positions that there seems to be ‘your topic’ and ‘their topic’ ...