Why Samsung Pays Its Stars to Goof Off By Nicholas Varchaver Samsung had a problem. Its culture was static and inward-looking. Then, in the early 1990s, Lee Kun-Hee, chairman of the South Korean electronics giant, made a decision that would reshape his organization and create a blueprint for ...
Samsung Pays to Goof Off
Chobani’s success story
Chobani CEO: “Our Success Has Nothing To Do With Yogurt” Chobani Yogurt has been one of the most explosive food start-ups to ever hit the market. The company’s now infamous Greek yogurt is netting more than $1 billion in annual sales — and it only went to market five years ago. B...
Reorgainsation for Innovation
And finally Microsoft has realised the barrier to innovation. Read the following article. It not only empahises the need to be innovative but also the importance of a suitable structure to facilitate innovation. To better understand the significance of this news you may want to read a case I posted ...
Microsoft’s Missed Opportunity
Apple’s new tablet, the iPad, was introduced in January 2010. When it went on sale in April, it shot out of the gate, selling one million units in twenty-eight days. Jobs was not the only visionary to see the need for a tablet computer. Another famous entrepreneur, Bill Gates, had this to say: “...
Tips for Innovative Companies
Use social media to generate and Share ideas. Social media is a good way to network. Include Innovation as a core value of the Organisation. Include Innovation skills as part of the Leadership Competency Development program. Train for Creativity and innovation skills. Have a Process to Innovate R...
Play, Passion, Purpose
Play: Human beings are born with an innate desire to explore, experiment, and imagine new possibilities Passion: What drove a young Bill Gates or a Steve Jobs— or more recently a Mark Zuckerberg— to put in the ten thousand– plus hours that they did as young people to achieve a le...
We stopped Asking
“If you look at 4-year-olds, they are constantly asking questions and wondering how things work. By the time they are 6 ½ years old they stop asking questions because they quickly learn that teachers value the right answers more than provocative questions. High school students rarely show inquisi...
Find your passion
Not everyone is good at everything, but everyone is good at something. This is about an eight-year-old girl, Gillian, who was having trouble in school: missing deadlines, testing poorly, and becoming easily distracted. This true story took place in the 1930s. School administers thought that G...
Business lesson from Detroit.
Forbes updated its annual “Most Miserable Cities” list. It looks at employment/unemployment, inflation, incomes and cost of living, crime, weather, commute times – a pretty good overview of things tied to living somewhere.