Making Room for Validity
Both reliability and validity are important for an organization. Without validity, an organization has little chance of moving knowledge across the funnel. Without reliability, an organization will struggle to exploit…
The Time Pressures
A reliable system can generate tremendous time savings; once designed, it eliminates the need for subjective and thoughtful analysis by an expensive and time-pressed manager or professional. Hence the appeal…
The impact of the Past
In corporations, to prove something means to look at the past and apply one of two forms of logic—inductive or deductive—to produce a declaration that something is or is not…
Reliability Rules Always
Bigger, more complex companies demand new tools to run and manage them. Indeed, improved technology and statistical-control tools have given rise to new management approaches that make even mega-institutions viable.…
Advancing Knowledge Is Difficult
Stephen Scherer, from Toronto’s world-renowned Hospital for Sick Children. Dr. Scherer, it turns out, is one of world’s leading researchers into autism, or to be more precise, into autism spectrum…
A Different You
But what if you are not a CEO? Worse, what if the CEO you work for doesn’t have the first clue about the importance of design thinking and the need…
A New Style Leader
Without committed leadership, no business can realize the structural, process, and cultural adjustments needed to become a design-thinking organization. Given the enticing short-term financial rewards of reliability, most organizations will…
Design of Business with Design Science
Very few companies balance exploration and exploitation by continuously looking back up the knowledge funnel to the next salient mystery (or back to the original mystery) and driving across the…
Selecting the Option
The business that remains at one stage in the knowledge funnel fails to capitalize on the option created when knowledge is advanced quickly through the funnel. It misses the opportunity…
exploration and exploitation
Organization that creates value across the knowledge funnel—requires two very different activities: moving across the knowledge stages of the funnel from mystery to heuristic and heuristic to algorithm and operating…
About Value Creation in Business
The McDonald’s story illustrates important elements of the dynamics of the march of knowledge from mystery to heuristic to algorithm: the paring away of information and the simplification of the…
Initial Question
Over the course of time, phenomena enter our collective consciousness as mysteries—things in our environment that excite our curiosity but elude our understanding. The mystery of what we now know…
Reconciliation Matters
The model for value creation requires a balance—or more accurately a reconciliation—between two prevailing points of view on business today. One school of thought, put forward by some of the…
Discovery and Knowledge Funnel
THE UNITED STATES in the years after World War II was a restless place, engaged in an audacious social experiment that would eventually transform how and where Americans worked, played,…
7th Annual Open Innovation 2013
7th Annual Open Innovation Website Apr 15-17, 2013 Venue: The Ritz-Carlton, Philadelphia Location: Philadelphia, Pennsylvania, United States Current economic conditions demand that North American industries rely on the disciplines and…
Hot Technologies – Watchlist for Business and IT Professionals 2013
Hot Technologies – Watchlist for Business and IT Professionals Website Apr 23, 2013 Venue: The Westin Copley Place Location: Boston, Massachusetts, United States Product innovations from vendors of new technologies…
Strategic Alliance Management Congress 2013
Strategic Alliance Management Congress 2013 Website May 06-08, 2013 Venue: Loews Hotel Philadelphia Location: Philadelphia, Pennsylvania, United States Within the pharmaceutical industry there is a growing emphasis on alliances and…
Pharma Marketing and Sales Summit 2013
Pharma Marketing and Sales Summit Website May 08-10, 2013 Venue: The Ritz-Carlton, Palm Beach Location: Manalapan, Florida, United States Pharmaceutical marketing executives must engage customers in more meaningful ways. By…
5th Customer Experience Summit 2013
5th Customer Experience Summit Website May 20-23, 2013 Venue: Marriott – New Orleans Location: New Orleans, Louisiana, United States Traditionally, brands have relied on marketing strategies revolving around pushing products…
5th Conference New Product Development and Innovation Management 2013
5th Conference New Product Development and Innovation Management Website Jun 05-07, 2013 Venue: Mövenpcik Hotel Berlin Location: Berlin, Germany This premier marcus evans conference provides delegates with the opportunity to…