A few articles on technology, education, energy, and publishing that are worth a read. The frontier is wide open in those areas. Just a brief comment from me.
Innovation, inside the box
7/1/13 – Wharton – How LEGO Stopped Thinking Outside the Box and Innovated Inside the Brick – LEGO started losing money when their innovations needed a completely new set of parts for every innovation. They regained their 20%+ growth curve and 40% profit increase when they innovated new toys using existing pieces. Their outside-the-box innovation almost sank them. Staying inside the box returned them to growth and profits. Hat tip: Emproprise-BI: Structured innovation, via LEGO.
Lesson from my grad school classes: stay inside your competencies. LEGO makes bricks, not video games, TV shows, or bendable action figures. They thrive when they do what they do best.
Education
4/30 – Wall Street Journal – With Free Web Courses, Wharton Seeks Edge in Traditional Programs – Continue reading “More good stuff on the open frontiers – 5/28”