The Great Depression spawned innovative businesses and risk takers like the Demolition Derby, which is still around today. It’s well known and loved as a low budget, rural, blue-collar type of entertainment. And it started with the deliberate car crash, pioneered by...
Competitive advantage is what separates you from the rest of the companies and organizations you compete with. It’s the reason people pick you and your business instead of your competition. Competitive advantage in price A business may have a competitive advantage...
The inventor of the cassette tape, Lou Ottens, passed away last month at the age of 94. All music lovers owe him a debt of gratitude because if it wasn’t for his miniaturizing how we play music we might never have gotten the chance to carry music on the go. Most...
If you ask 10 people “What is innovation?”, you might get 10 different answers. As an inventor and innovator, my answer is “Any new idea that adds value”. I know that’s a little simple and broad. Innovation is putting those ideas into...
After researching the association industry for my keynote speech for the .org Innovation Conference, I realized legacy industries like associations need to stay ahead of the curve as much as any other industry. Maybe even more. Just because someone has been in...
