Make your innovation a hedging process

They are the largest, probably the among the best in class at what they do. They are highly branded and recognized for what they have achieved. They have more resources than most other players to play with. The smartest people. The most money. They desperately want to stay on top. And yet, they fail. How can Nokia go from one …

Great power shifts to watch

Here are 10 trends to watch that will have a major impact going forward according to Thomas W. Malnight and Tracey S. Keys of IMD: 1. Social everything: New generations and their digital world stepping forward Social technologies are now a central part of everyday life and work. The social generations are reshaping companies from the inside, helping them to …

The Triumph of Hope over Experience

Reports supporting the poor performance of the venture capital industry are queuing up. The most recent report (May 2012) from the Ewing Marion Kaufmann Foundation is no news, but scary reading: Venture capital (VC) has delivered poor returns for more than a decade. VC returns haven’t  significantly  outperformed  the  public  market  since the late 1990s, and, since 1997, less cash has been returned …

Take advantage of the moment, and run like hell

Jeff Richards’ 8 tips for entrepreneurs: Keep your funding options open. Hire the best talent you can find. Take advantage of the moment, and run like hell. Work with great investors. Play bigger than you are. Find and leverage mentors. Be honest and transparent. Enjoy the ride. Straight forward, but take notice of are few of them: Keep your funding options open. The smartest second- and third-time entrepreneurs I see …