7 Things You Can Do To Save Your Job… Or Create a New One

  Last night I was on “The Big Idea with Donny Deutsch” on CNBC.  I was there to discuss how to save your job during a down economy.  I had a number of tips prepared, but due to limited time, I was only able to give 2.  Here are my 7 “big ideas” for saving...

How to Publish a Book in 2 Weeks for $200

I realize that book publishing does not directly relate to innovation.  But I have had so many conversations with people about this in recent weeks that I decided to write an article about it.  This article is nearly 3000 words in length.  As you will see, if I double (or triple)...

What Innovators Can Learn From Vegas Card Counters

Which will help your business be more successful: statistics or probability? Underwriters at insurance companies use statistics to assess future risks. This is based on years of collected data. Probability is what card counters in Vegas use to increase their odds of success. This...

7 Ways Innovation Can Help Recession-Proof Your Business

As the economy continues to tumble, it is tempting to cut back on your investments in innovation. But now is the perfect time to increase your innovation efforts. Here are seven creative ways that innovation can help you recession-proof your business. 1. Make Your...

How to Target Innovation

When I conduct executive training, one of my favorite activities requires participants to consider a typical set of processes common in the insurance industry: Develop Products and Services, Customer Service, Manage Revenues, Manage Distribution Channels, Market Products and...

Surveys Uncovers Surprising Results

Back in the 1980’s, executives used to joke that you would never get fired for buying “Big Blue” (IBM) computers. It’s not that IBM was the best, but you knew they would not screw up. When I worked for Accenture (then Andersen Consulting), the Economist once called us “The...

How to Change an Organization’s Culture

Much literature has been written on branding. But what is a brand? Can you define it in just 6 words? No, it is not Nike’s “swoop.” It is not McDonald’s “I’m Lovin’ It” jingle. It is not Accenture’s Tiger Woods ads. It is not the design of my website or my “Unconventional...

How to Be Present to Every Moment

Imagine the following situation. You are single and live in New Jersey just outside of New York City (NYC). Your employer wants you to work in London for a few years. You are excited about the possibility of living overseas and are interested in the job. Assuming that the costs...

How One Word Can Change Your Beliefs

Once again we explore the power of language. This one was given to me by Michael Wiederman, Professor of Psychology at Columbia College. Imagine that you serve on the jury of an only-child custody case following a relatively messy divorce. The facts of the case are complicated by...

10½ Ways to Improve Your Life – By Losing

In two previous blog entries, (#1 and #2), I discussed the psychology behind risk taking. In particular, I explored why people take risks to minimize losses, yet play it safe when it comes to increasing gains. In this blog entry, I discuss a number of implications of this...