Leave Space for Serendipity

In a recent post I wrote about Steven Johnson’s insights on innovation in his book, Where Good Ideas Come From: The Natural History of Innovation. I want to narrow in on his chapter on “Serendipity.” In it, Johnson says hunches and dreams have a place in the canon of great ideas and innovation. For example, Johnson […]

Big Data is a Big Trend

In a recent post I touched upon Big Data as a bona-fide, long-term megatrend in the logistics space. Actually it is megatrend in every industry sector. Michael Lewis popularized the concept of using Big Data to create a competitive advantage in the best-selling book (and subsequent movie) Moneyball. We know how Big Data is used […]

Seeking a Long-Term Fix? Try a Partnership

Forever is a really long time, so the notion of FIF, or Fix it Forever, seems impossible, but apparently this could be one of those new business terms that’s coming into vogue now. A good case in point came from a procurement professional from a Fortune 500 company who was brought in solve a “broken” outsourcing […]

IAOP’s P&G Study: Innovation Takes Work, Thought and Partnership!

By now you probably know that P&G’s approach to innovation is very close to my Vested heart – I’ve written extensively about it in books, case studies and blogs. That’s why I’m thrilled to see that others, namely the International Association of Outsourcing Professionals, are also taking notice. Actually IAOP is more than just taking […]

Innovate Your Innovation Strategy (Part II)

Last time, I talked about the need for collaborative innovation in strategic relationships that emerges from both inside and outside companies. At Procter & Gamble innovation has always been a prime imperative. That focus intensified in 2000, when A.G. Lafley took the helm as P&G’s CEO. He set out to reinvent the company’s innovation business […]

Vested: Saying Yes to Innovation from the Inside and the Outside

The latest Vested book, Vested: How P&G, McDonald’s and Microsoft are Redefining Winning in Business Relationships, will hit the street officially next week, and naturally I couldn’t be more excited. All of the Vested books are special of course but this fourth in the Vested series answers a big question—does it work in the real […]