OUTLIERS TO LEARN FROM

by novel_admin on May 2, 2012

A couple of months back, Fast Company published their list, “The World’s Top 50 Most Innovative Companies”. There are many obvious ones, like Amazon, Apple, Facebook, Google, and Twitter. Then, there were some of the companies you wouldn’t expect to see or perhaps have even heard of. Here are three I think are cool and worth watching:

SolarCity

Just when you might have thought that solar power would always remain in the margins comes a company that has become the biggest solar service provider in the United States. With 25 operation centers in 14 states, the six-year-old company’s strategy rooted in providing on-going service and support to panels they lease (not sell) to customers. SolarCity monthly-fee based agreement is backed by an on-going service relationship. This includes a PowerGuide™ power consumption monitoring system that gives homeowners an instant snapshot of their energy use. Among its loftier goals is to bring “the cost of solar to parity with grid power through economies of scale by 2016.”

SolarCity illustrates how a company can look closely at what the relationship with a client should be when it comes to energy usage. It’s clear that they value partnering with their customers with a mission to save them money. As their model continues to gain followers you can be sure the competition will soon be hot on their heels.

James Corner Field Operations

With a company name fresh out of a dystopian novel, Corner and his team are delivering transformed landscapes that take blighted urban spaces and create new destinations for the public. The second section of the High Line, an elevated green space along Manhattan’s West Side, is one of the firm’s more high-profile contributions. It’s also an approach to landscape architecture I hope many other city leaders across the globe will be inspired by. The focus of embracing urban sites that are blighted and converting them into public spaces is a key part of creating sustainable cities in the next 50 years.

Chobani

Greek-style yogurt? Yes. This five-year-old company is  $650 million-plus success story that matches a good product with bold moves. Chobani isn’t the only Greek-style yogurt out there but it’s forged a path with standout packaging and flavors the competition haven’t found a way to counter. And enough customers demonstrated fondness for the product that the company created a “Chobani Love Stories” campaign that doubled sales.

A yogurt company may seem like an odd choice to single out for innovation but it’s actually one of the riskiest ventures. It’s one thing to appeal to the energy-saving, sustainable sensibilities of a public. It’s a very different set of concerns when it comes to people’s passion for food. Yet that is exactly what all great innovation touches on — something that people can be passionate about and wish to share with others regardless of any financial incentives. You can’t ask for people to be passionate, but you can try to appeal to something deeper and risk establishing a connection. Good innovators are always doing that.

 

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Seeing What Others Miss

by novel_admin on March 26, 2012

“Discovery consists of seeing what everybody has seen and thinking what nobody has thought.”

— Albert von Szent-Gyorgy

Posted by Joanna Schneier

I often think about the first company that I started; I was 12 and desperate for some spending money and a friend mine and I decided that we would improve on the babysitting model. We decided to create a company where parents could call one phone number and then we would farm out the work to teens in our neighborhood. We set a fixed price and had a special deal – two babysitters for the price of one.  We put up signs all over the neighborhood and told every parent we knew. We soon expanded to pet sitting and within a very short period of time we had more work than we could possible handle.

Obviously it is not my recommendation that we all start the next Babysitters’ Club but I do think that it is important to recognize the factor of looking at your market for needs that exist and addressing those needs. Those needs may be blatant, like a better childcare service, or they may be hidden, like a better way to share pictures through a service like Pinterest. The key is to look at what everybody is looking at but to think about it in a way that nobody else has.

 

 

 

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Innovation At Any Age

March 15, 2012

SharePaul Dirac, the 1933 Nobel Laureate in Physics, once offered that a physicist’s “better dead that living still when once he’s past his thirtieth year”. Such a jaundiced view of the effect of aging on innovation, shared by several of his contemporaries, is not entirely the case. In his May 2005 paper for the National [...]

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Taking the Long View

February 2, 2012

ShareOne of traps of writing on innovation is that the associated language can hide a deeper problem. Wade into the controversial waters of how to transform public education in the United States to get a sense of this. You can have very specific strategies for addressing the lack of innovation in a business, but when [...]

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Stop Waiting for the New

January 8, 2012

ShareOne of the odd byproducts of writing about innovation is feeling somewhat removed from the process of…innovating. To remain an innovator means tackling ideas as they emerge and not take them in stride.   This isn’t as easy at it seems. Working online often means that we feel we are just clicks away from what [...]

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Top Ten Innovations of 2011

December 22, 2011

ShareAnother Top Ten List? But Of Course! After much searching and scouring, I isolated some cool innovations for 2011, most in the field of biological science. So let’s get started. Top of my list goes to the Antenatal Screening Kit. Challenged by the Nepalese non-profit Jhpiego to develop a low-cost testing tool, student Sean Monagle [...]

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Roots

November 11, 2011

ShareThe term “memex”, a joining of the words “memory” and “index”, was coin by the computer scientist Vannevar Bush in the article As We May Think written for the Atlantic Monthly toward the end of World War II. Bush imagined memex as a device capable of compressing all data into a quickly retrievable system, a [...]

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ON JOBS

October 13, 2011

ShareIn the past ten days, the press has reflected on the adulation that Steve Jobs received upon his passing. In a relatively short time, their tone shifted from Jobs the pioneer on par with Bell and Edison to now include Jobs the private man who was ruthless even cruel to business associates and employees. Frankly, [...]

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Charles Leadbeater on Innovation

October 3, 2011

ShareCharles Leadbeater’s theories on innovation have compelled some of the world’s largest organizations to rethink their strategies. A financial journalist turned innovation consultant (for clients ranging from the British government to Microsoft), Leadbeater noticed the rise of “pro-ams” — passionate amateurs who act like professionals, making breakthrough discoveries in many fields, from software to astronomy [...]

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THE GRIT FACTOR

September 26, 2011

SharePosted by Joanna Schneier If in the eyes of many economists, innovation is central to prosperity, then what are the qualities innate to the people who lead the way? And are these traits principally related to intelligence or is there something more going on? For a better part of the last decade, researchers in the fields [...]

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