Eight Ways To Kill An Idea
From: FLIRTing with the Crowds
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WHAT INNOVATION MEANS TO MANUFACTURING
Innovation in new products is the life-blood of our business. We must keep bringing new products to market, but increasingly innovation in Most brands now have the same technology and offer the same range of features, so it is imperative that we constantly introduce innovations to keep ahead of our competitors. At the same time, I'm a great believer in 'emotional' design where the form or styling prompts people to want to use our appliances. We have a range of activities to ensure Electrolux remains at the forefront of major appliance design and innovation. For instance, consumer insights are an integral part of all new product development at Electrolux. It involves our people - designers, engineers, marketers, even psychologists - going into people's homes and observing them as they complete a family washing load, prepare a meal, unpack the shopping and fill fridges, etc. We note how they interact with their appliances, as well as ask them a myriad of questions about their appliances including what they would like to change or add. At the same time, we stimulate and assist our professional team of designers by, among other things, conducting an international design competition, called the Electrolux Design Laboratory. In 2004, a team of three University of NSW industrial design students won with their concept for a waterless dishwasher which they called Rockpool. Starting with the world's first domestic vacuum cleaner, Electrolux has been at the forefront of appliance design and innovation throughout its 85-year history and our determination to continue that tradition is as strong today as it always has been. Lars Erikson, director of design Asia-Pacific,
design is the great differentiator.
Electrolux
WHAT INNOVATION MEANS TO THE NATION
One of Australia's most valuable assets is the great capacity of our people to innovate and adapt to change. Our history and achievements provide proof that Australians are resourceful and flexible. In today's increasingly globalised world, these qualities are even more important. Innovative techniques have applications for all aspects of the Australian economy, including finance, education, human resources, mining, manufacturing, design and construction, science, medicine and agriculture. Investment in innovation is crucial in helping to secure our economic future. Backing Australia's Ability - the Australian government's five-year $3 billion commitment to innovation - is built on pursuing these endeavours. John Howard, Prime Minister of Australia
WHAT INNOVATION MEANS TO THE NATION
One of Australia's most valuable assets is the great capacity of our people to innovate and adapt to change.
Our history and achievements provide proof that Australians are resourceful and flexible. In today's increasingly globalised world, these qualities are even more important.Innovative techniques have applications for all aspects of the Australian economy, including finance, education, human resources, mining, manufacturing, design and construction, science, medicine and agriculture.Investment in innovation is crucial in helping to secure our economic future. Backing Australia's Ability - the Australian government's five-year $3 billion commitment to innovation - is built on pursuing these endeavours.John Howard, Prime Minister of Australia
Optimism in medtech
A recent survey of medical technology industry executives by Atlanta-based executive services firm Tatum LLC, as reported in The Journal of New England Technology, revealed a tone of "cautious optimism" among the group as they looked out over the next couple months:
Almost two-thirds of those executives surveyed — 40 in total — said they expected their business to improve overall in the next 60 days. More than one-third thought financing conditions would improve during the same time period, and one-third expected to make hires in the next 60 days.
The caution expressed in the survey is evident in the fact the three quarters of respondents indicated that they did not expect to increase their capital expenditures during this time, nor did many surveyed indicate an intention to increase inventories.
An apparent pall may have lifted that had been hanging over the industry in September/October, when economic indicators had not shown even the tepid suggestion of growth that exists now, the stock market had not quite yet shown its anticipatory surge in prices (with the Dow since crossing and staying above 10,000) and there seemed to be few prospects of even a contentious healthcare reform bill (or one without a prohibitory device industry tax) passing by year end. All of that has has changed, though not in a way that has accomplished anything more than a tip toward optimism, as reflected in the survey.
The industry, through the remaining 4Q 2009 and into 2010, faces:
- real uncertainty about the short- or medium-term impact of healthcare reform legislation
- slow economic growth that will put constraints on investment, hiring and capital expenditures
- a continued fallout of medtech startups and development stage companies, adding to the list of those who have succumbed to the financing pinch (see WSJ "Turning Out the Lights") with only a few noteworthy successes (gauged by follow-on investment or even acquisition)
Technology isn't the answer to every problem
via robokid.tv
I think the strongest message of last night's Challenge Your World event was this excellent short video by Sebastian Baptista from Uruguay. A simple idea, powerfully conveyed. Technology is not the answer to every problem.
Pranav Mistry: The thrilling potential of 'SixthSense' technology
In an onstage Q&A, Mistry says he'll open-source the software behind SixthSense, to open its possibilities to all.
Business Must Relearn, Rethink
“Start Up Nation” addresses the trillion dollar question: How is it that Israel-- a country of just 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources-- produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the UK?
Authors Senor and Singer examine the lessons of the country's adversity-driven culture, which flattens hierarchy and elevates informality all backed by government policies focused on innovation. In a world where economies as diverse as Ireland, Singapore and Dubai have tried to re-create the "Israel effect", there are entrepreneurial lessons well worth noting. As America reboots its own economy and can-do spirit, there's never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.
Peace. Jim Woods
