Innovation, sustainability and the future of cities
A business needs to constantly develop to survive. Just like a living organism, you must adapt to changes in your environment. New technologies, consumer attitudes, regulatory requirements and cost structures constantly turn over your market, changing the routes to success.
After a quick holiday break over Christmas and the New Year, we get back to the blog series on energy storage technologies. I hope you all had an enjoyable time! In this 5th episode, we cover storing electricity as electricity
Last week, I looked at the wide range of technologies available for electricity storage to support renewable energy grids. Gravity systems are the dominant form of electricity storage today. Current installations can store up to 9,000 GWh—about a quarter of
I get frustrated that any time renewable energy and net-zero get mentioned on social media, reporting a new technical breakthrough, a bigger pipeline of projects or reducing costs, someone will triumphantly reply “you know the sun doesn’t shine at night!”,
On May 17th 2001, twenty years ago, I started Miller-Klein Associates Ltd. The corporate merry-go-round had taken another turn, leaving me without an exciting job, so I turned to private practice. My ambitions were limited. I wasn’t interested in starting
Prices fall We have all noticed, or should have noticed, that manufactured products tend to get cheaper with time. The extreme case is computing. The first personal computer I used professionally in 1978 was the Commodore PET. This beast had
I don’t know about you, but I react badly to the label “best practice”. What gets touted as best practice is often terrible practice. Or at least the wrong practice in the wrong place at the wrong time. It starts
In 1892 the wonderfully named Captain Matthew Henry Phineas Riall Sankey became lead engineer and steam engine designer for Willans and Robinson. The efficiency of steam engines was a hot topic, and he needed to understand and communicate where the
In your innovation journey, you will have to talk to your customers to find out whether your new idea works for them. After all, we know that the number one reason for innovations falling flat is that they solve a
There are many kinds of innovation. Some hit you with a flash of light as you realise that there is a simple, practical and clever solution to a pervasive problem. The kind of innovation that makes you slap your head
Looking back through the history of innovation, the technologies that created the biggest impact are the ones that enabled further innovation. Whether it’s the water wheel, the steam engine, the electric motor or the microchip, each triggered a wave of
In an earlier blog, I warned about thoughtlessly following the practices of successful companies, hoping the magic would rub off on you. Buying in to the latest management fad. What I called “cargo cult management”. But human nature is human
We have all heard the famous Peter Drucker phrase from his 1954 book the Practice of Management – “what gets measured, gets managed”. It is a cliché of management practice, and like all clichés it contains a truth. If you
Wonderful Lithium-Ion Batteries A few weeks ago, John Goodenough, Akira Yoshino and Stanley Whittingham won the 2019 Chemistry Nobel Prize for their work on Lithium-ion batteries (Li-ion). Lithium-ion batteries have made our portable, cable-free, mobile world. From our mobile phones
Every year I try to get to the Cenex Low Carbon Vehicles show at Millbrook proving ground. It’s a great way to take the pulse of the industry and to learn more about the future of transport. You find out
We have a problem with household waste in the UK. The stuff that gets collected at the kerbside. In 2017 we collected about 27 million tonnes of waste from our homes. We are getting better recycling, and just over 45%
Earlier this year, I wrote about industry clusters. What they are, where they come from, and how important they are. So I was surprised to open my newspaper this morning and find an article by Larry Elliott arguing that the
Everyone wants to be disruptive; to transform a market, sweeping away the big players and bringing exciting new ideas. It is the big win that everyone looks for. There are millions of articles about business disruption on Google with titles
You have created a great new product you are really excited about. You have sorted out the business model, figured out how to deliver it to the user, and fixed any manufacturing and cost problems. This will be great! And
Over the last 12 months, we have seen increasing interest in the climate crisis. We hear explicit warnings on climate risks from respected commentators like David Attenborough. Greta Thunberg is energising younger people to campaign for their future. Activists like
When a new technology appears it is usually accompanied by great excitement, at least from its inventors. What new opportunities does the technology open up? Where can we use it? The early enthusiasm quickly runs into practical barriers. The Gartner
You may have seen the TV advert for Experian in which Marcus Brigstocke meets his ‘data self’. A collection of live information that governs how financial institutions treat him as a customer. This is a variant of the ‘digital twin’
What do Mumbai, Copenhagen, the Spanish town of Castellón de la Plana, and the small US town of Dalton, Georgia, have in common? Each is at the centre of a concentrated industry cluster. Mumbai is famous for being the home
I love reading innovation stories. Where the idea came from, how they overcame problems, and what they make possible. Stories are how we excite people about innovation and why it matters. We need to tell more stories and better stories.
I have long thought the only way we can create cities that are economically successful, great places to live, sustainable and resilient, is to treat them as an integrated system of systems. The problem is that cities are so complicated
150 years ago, Dimitri Mendeleev developed the Periodic Table of the Elements. A way of organising all the information about the behaviour of the 63 elements known at the time. It has become an iconic image of science, and in
To innovate, we need to try things out; to experiment. But how do we select the right experiment? How do we choose? Whenever we conduct an experiment, we want the maximum information at the minimum cost. Experiments should be as
Last Friday I attended the annual Business Green Technology Awards. I always enjoy these events as they provide a great snapshot of innovation activity in the cleantech sector in the UK. This year I was a member of the judging
We know that business needs to innovate. Whether a startup, established SME or major industry player, new customer offers are critical for survival. We also know that most innovations fail in the market; despite our enthusiasm, creativity and persistence. We
In 1955 C. Northcote Parkinson wrote an article in The Economist that introduced the world to Parkinson’s Law – “work expands so as to fill the time available for its completion”. An observation so universal in application that it is instantly recognisable
One of the fascinating things about innovation projects is the way that they evolve and change as the project progresses, and how they leave echoes long after the project has finished. In 2012 I was involved in setting up the
Every year I try to get to the Cenex Low Carbon Vehicles show at Millbrook. Now ten years old, this exhibition gives me a chance to see where we are up to on our journey to zero-carbon transportation. You
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
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
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
[This article was co-authored by Darren Ragheb of CPI and Richard Miller] 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
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
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
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
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’
“Prediction is difficult, especially of the future.”; a quote so useful that it has been linked to everyone from Yogi Berra to Niels Bohr. Yes, prediction is difficult, but when we innovate it is essential. We should be thinking not only about the
To make progress towards a circular economy we need innovation. New products and services, new methods and new approaches. The challenge is, first of all, to find inspiration for innovative ideas, and secondly, to be able to compare different options
We live in a big and complex world faced with big and complex problems; climate change, population growth, environmental degradation and inequality. In these mega-challenges, as well as the apparently simpler task of running a city or creating a
The UK has a problem; rather a large one. The Climate Change Act 2008 commits the UK to reduce carbon emissions by 80% from a 1990 baseline by 2050. In 2016 the biggest single consumer of energy was transport at
I was recently at an event on innovation when the speaker put up the following quote from the design guru John Maeda: “…economies are built upon convergent thinkers, people that execute things, get them done. But artists and designers are
Thomas Stewart said, “the history of business is the history of ways of managing knowledge.” Competitive advantage has always been about being better at using knowledge than the other person. And when you look back into the past, that has
The cost of renewable energy continues to fall, and more and more of our electricity comes from renewables and low-carbon sources. On one day in June the renewable electricity supply peaked at over half the UK’s demand, and National Grid
Decarbonising heat A key challenge facing the UK is decarbonising the energy system. The UK is legally committed to reduce its carbon emissions by 80% by 2050 and eventually to net-zero under the Paris Agreement. Most of the focus in
A few years ago, I was working with the product development group of a technology company. I asked one of the managers how information flowed between the various groups involved in bringing a new product to market. “It’s simple”, he
On 7th September I visited the CENEX Low Carbon Vehicles event at Millbrook to find out what was going on in the world of low carbon transport. This was the 10th year, and in that time the topic has moved