The Innovation Engine Community - Culture of Innovation

The Innovation Engine Community - Culture of Innovation http://community.maddockdouglas.com?src=category_rss The Innovation Engine Community - Culture of Innovation Fri, 20 Jan 2012 21:15:35 GMT admin@maddockdouglas.com The Innovation Engine Community 60 The Innovation Engine Community http://community.maddockdouglas.com/brand/witness/community.gif http://community.maddockdouglas.com?src=category_rss The Dangerous Idea People http://community.maddockdouglas.com/article/94858/The-Dangerous-Idea-People/?src=category_rss We must harness the Idea Monkey for their good and everyone else’s By G. Michael Maddock and Raphael Louis Viton “An idea that is not dangerous is unworthy of being called an idea at all.” --Oscar Wilde “Oscar Wilde was wrong.” --G. Michael Maddock and Raphael Louis Vitón You are an Idea Monkey. You’ve been told you’re gifted. You can come up with dozens of ideas about any topic on command. Any topic. You are (to quote the unappreciated movie Night Shift,) “an idea guy, Chuck,” and whether it’s putting mayo in the can with the tuna or designing an app that matches personality types with the appropriate dog breed, you can be counted on for something new, different and wild. There isn’t a day that goes by in which you don’t amaze those around you with your nimble mind and your ability to turn any challenge into a brainstorm. Idea Monkeys like you identify with Walt Disney, Ted Turner and Richard Branson. Heck, you are half-convinced you could have been Walt, Ted or Rich if you had been born just a bit sooner. While we don’t always understand your trange and magical ways, we do believe the world needs...<div><a href="http://community.maddockdouglas.com/article/94858/The-Dangerous-Idea-People/">[Read more]</div> Culture of Innovation Future Trends Fri, 20 Jan 2012 21:15:34 GMT Maddock and Viton http://community.maddockdouglas.com/article/94858/The-Dangerous-Idea-People/#discussion?src=category_rss http://community.maddockdouglas.com/article/94858/The-Dangerous-Idea-People/?src=category_rss Annual Innovation Awards http://community.maddockdouglas.com/forum/thread/92299/Annual-Innovation-Awards/?src=category_rss We presently have an innovation program that has been maturing for three years. This past year, we have really been able to focus and deliver some interesting programs that have helped to progress ideas through the lifecycle and also get some ideas funded for discovery and or implementation. We were thinking about doing some type of annual innovation awards, on categories such as 'favorite idea' based on those that were funded, and favorite innovator. Does anyone have any opinoins on this type of award, and if it is is a good idea, what is the best way to go about doing it?<div><a href="http://community.maddockdouglas.com/forum/thread/92299/Annual-Innovation-Awards/">[Read more]</div> Culture of Innovation Wed, 21 Dec 2011 18:41:58 GMT Barb http://community.maddockdouglas.com/forum/thread/92299/Annual-Innovation-Awards/#discussion?src=category_rss http://community.maddockdouglas.com/forum/thread/92299/Annual-Innovation-Awards/?src=category_rss Insights Live Features Mike Maddock http://community.maddockdouglas.com/blog/entry/91538/Insights-Live-Features-Mike-Maddock/?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/91538/501a4d8d579923f2-22875a78-1341dfcbb97--cc9-802389046.jpg">Join Hosts Phil Davis and Kevin Gibson as they welcome Mike Maddock, founder of Maddock Douglas, self described as a "Innovation Company". Maddock and his team have successfully assisted many major brand companies to innovate more effectively and get great ideas to become great products and services that have we now get to enjoy! Listen to internet radio with AlphaGraphics on Blog Talk Radio<div><a href="http://community.maddockdouglas.com/blog/entry/91538/Insights-Live-Features-Mike-Maddock/">[Read more]</div> Culture of Innovation New Products, Services, and Business Models Innovation Discussion Future Trends Serendipity Lounge Thu, 08 Dec 2011 15:03:25 GMT Michael Maddock http://community.maddockdouglas.com/blog/entry/91538/Insights-Live-Features-Mike-Maddock/#discussion?src=category_rss http://community.maddockdouglas.com/blog/entry/91538/Insights-Live-Features-Mike-Maddock/?src=category_rss 'You Two Should Be Fired' http://community.maddockdouglas.com/article/91537/-You-Two-Should-Be-Fired/?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/91537/501a4d8d579923f2-22875a78-1341dfcbb97--2411938786283.jpg">G. Michael Maddock and Raphael Louis Vitón discuss the reader backlash to their "Three Types of People to Fire Immediately" column By G. Michael Maddock and Raphael Louis Vitón The response to our last article was fascinating and a bit unnerving. The story, which discussed three types of people employers should fire now, was the most e-mailed on Businessweek.com for eight consecutive days, and has been in the Top 5 Most Read ever since our editor—whom some of you also thought should be fired—posted it two weeks ago. The piece received more than 1,100 comments (as of this writing) and readers have called and e-mailed us directly, tweeted constantly, and, we have been told, debated the column at industry conferences. While hundreds of you supported what we consider the truthful simplicity of the ideas, the majority, as the above headline suggests, posted angry comments, on this site and elsewhere, noting the perceived untruthful simplicity of the ideas. While no one likes criticism, of course, we are big boys and we don’t mind if people disagree with us on the merits or the timing of the article. But we’d like to explain a bit just the same. First, an Apology We...<div><a href="http://community.maddockdouglas.com/article/91537/-You-Two-Should-Be-Fired/">[Read more]</div> New Products, Services, and Business Models Innovation Discussion Serendipity Lounge Culture of Innovation Feedback Thu, 08 Dec 2011 14:52:49 GMT Maddock and Viton http://community.maddockdouglas.com/article/91537/-You-Two-Should-Be-Fired/#discussion?src=category_rss http://community.maddockdouglas.com/article/91537/-You-Two-Should-Be-Fired/?src=category_rss Shift Happens http://community.maddockdouglas.com/article/87564/Shift-Happens/?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/87564/501a4d8d579923f2--3f60ec3e-132d8e745b6--2347-1625972255.jpg">Change creates lucrative opportunities for innovators who are willing to listen to consumers By G. Michael Maddock and Raphael Louis Vitón Insurance experts. Travel experts. Legal experts. Now health care experts. What do they have in common? They made the now-predictable mistake of believing they knew better than the consumer: “People will always purchase insurance from agents.” “Who would want to buy their travel tickets online?” “What do you mean, people are price sensitive when it comes to legal advice?” “The doctor knows best.” Worse, they guided the organizations that supported them down a path that led further and further from what consumers really want: a mutually dependent, beneficial relationship. At critical times in history, business sectors go through radical shifts that are driven by economic, political and consumer forces. We see these shifts as positive because they create opportunities for entrants into markets. These entrants often bring with them revolutionary ideas that change things for the better. Shift happens. Shift is good—and for many in health care, shift is about to hit the fan. Last month, we wrote about the timely and necessary death of B2B . People told us they liked the article (thank you) but were quick...<div><a href="http://community.maddockdouglas.com/article/87564/Shift-Happens/">[Read more]</div> Culture of Innovation New Products, Services, and Business Models Innovation Discussion Innovation Community Ideas Future Trends Thu, 06 Oct 2011 12:09:19 GMT Maddock and Viton http://community.maddockdouglas.com/article/87564/Shift-Happens/#discussion?src=category_rss http://community.maddockdouglas.com/article/87564/Shift-Happens/?src=category_rss Interest Groups Awareness of the need for life insurance is flagging, but the industry can take steps... http://community.maddockdouglas.com/article/87510/Interest-Groups-Awareness-of-the-need-for-life-insurance-is-flagging-but-the-industry-can-take-steps.../?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/87510/501a4d8d579923f2--3f60ec3e-132d5680aea-2f0e-156449053.jpg">Interest Groups Awareness of the need for life insurance is flagging, but the industry can take steps to raise its profile. Source: Best's Review (September 2011 Issue) The best-laid plans. The best of intentions. The best minds in the business. And still, a 50-year record low for life insurance ownership in 2010, according to Limra. As insurers acknowledge this September as the 8th annual Life Insurance Awareness Month, it makes sense for the industry to look for missing links inside the dilemma of the "sold, not bought" category. "Missing links" are the things insurers have not considered, the things that are supposedly untouchable, and the things they might not yet know. What's not been considered? The Consumer Need Pecking Order. This is about relevance in the grand scheme of the consumer's life. In modern terms, they are "just not that into you." "Privately, this may be a closed-door conversation or a deep-seated fear of any life insurance executive who is not close to retiring yet. But publicly, it has not really been acknowledged as far as I know," said one life insurance executive. It's always helpful to go back in time, to the late 1700s or so, and consider the...<div><a href="http://community.maddockdouglas.com/article/87510/Interest-Groups-Awareness-of-the-need-for-life-insurance-is-flagging-but-the-industry-can-take-steps.../">[Read more]</div> Culture of Innovation New Products, Services, and Business Models Innovation Discussion Financial Services Innovation Community Ideas Wed, 05 Oct 2011 21:21:20 GMT Maria Umbach http://community.maddockdouglas.com/article/87510/Interest-Groups-Awareness-of-the-need-for-life-insurance-is-flagging-but-the-industry-can-take-steps.../#discussion?src=category_rss http://community.maddockdouglas.com/article/87510/Interest-Groups-Awareness-of-the-need-for-life-insurance-is-flagging-but-the-industry-can-take-steps.../?src=category_rss U5-ia*: Free Speech for Financial Services Professionals http://community.maddockdouglas.com/blog/entry/87209/U5-ia-Free-Speech-for-Financial-Services-Professionals/?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/87209/501a4d8d579923f2--3f60ec3e-132b0a330c7--640b-833499658.jpg">*For any of you who are not in the securities field who might be reading this, the U5 is the form that broker dealers use to terminate registered reps. The U.S. Constitution’s Bill of Rights numero uno says that: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.” But of course this does not really apply to social media for anyone who wants to keep their securities license. While I will NOT say that broker dealers are in any way infringing upon any inalienable rights, FINRA and their interpretation of it sure makes it unattractive to say what you really think to a bunch of people who may be willing to listen. It’s not against the law, but it is just so darn difficult. That’s why March 15, 2010 was my independence day. That is the day I left the world of being a registered rep and principal, and joined a firm that wanted me to think about new ideas, write about them, and...<div><a href="http://community.maddockdouglas.com/blog/entry/87209/U5-ia-Free-Speech-for-Financial-Services-Professionals/">[Read more]</div> Culture of Innovation New Products, Services, and Business Models Innovation Discussion Financial Services Innovation Community Ideas Wed, 28 Sep 2011 15:42:48 GMT Maria Umbach http://community.maddockdouglas.com/blog/entry/87209/U5-ia-Free-Speech-for-Financial-Services-Professionals/#discussion?src=category_rss http://community.maddockdouglas.com/blog/entry/87209/U5-ia-Free-Speech-for-Financial-Services-Professionals/?src=category_rss Innovation: Size Matters http://community.maddockdouglas.com/article/86814/Innovation-Size-Matters/?src=category_rss <img align="right" hspace="10" src="http://community.maddockdouglas.com/imagelib/contentitem/86814/501a4d8d579923f2--3f60ec3e-13281c0676b--618908181920.jpg">The best leaders know how to make the most with what they've got. By G. Michael Maddock and Raphael Louis Vitón Ooooh, that is a big idea—a really, really BIG idea. The other guys have ideas, but theirs are soooo small. You better watch out or you may hurt someone with that big thing. And I can see you’re very excited about it too! We know what you are thinking. An article written by guys, who are overly amused by sophomoric humor, making a lame attempt to get your attention and some cheap laughs—right? Well, kinda. We admit to not taking ourselves too seriously, but before you rush to judgment, let us make a simple point that leaders too often miss when it comes to innovation: It is easy to make a big idea small and nearly impossible to make a small idea big. We’ll explain. By making a big idea small, we mean coming up with a complicated game-changing concept and explaining it in a way that people get instantly. For example, in 2009, Hyundai introduced an “Assurance” program that allowed you to return your new car if you got laid off. The result was that while most of...<div><a href="http://community.maddockdouglas.com/article/86814/Innovation-Size-Matters/">[Read more]</div> Culture of Innovation News, Rumors, Gossip, & Trends Innovation Discussion Innovation Community Ideas Future Trends Mon, 19 Sep 2011 14:15:09 GMT Maddock and Viton http://community.maddockdouglas.com/article/86814/Innovation-Size-Matters/#discussion?src=category_rss http://community.maddockdouglas.com/article/86814/Innovation-Size-Matters/?src=category_rss