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This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.

Innovation and innovators

The first Tesla on Europa?

2018年2月17日, 星期六

etedprince

Innovation and innovators Entrepreneurship Cosmology

The amazing Musk has done it again with the Falcon Heavy! Is it possible he did even more than he told us? According to news reports the original SpaceX launch plan was to get into Mars’ orbit, but the space module overshot and is now on its way to the asteroid belt, where it would presumably be lost. Such a pity. Hmm now let me see. Overshoot?...

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Is innovation a disease?

2018年1月06日, 星期六

etedprince

Innovation and innovators

Bitcoin, ICOs, blockchain, fintech, CRISPR+20, RAS, gene splicing, XNA, SpaceX, Hyperloop, the Boring Company, algorithms, AI, Siri, and so on and on and on… Incubators, accelerators, innovation hubs, skunk works, Chief Innovation Officers, innovation catalysts, learning to be an innovator, blah blah and so on and on and on… People glued to their s...

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Self-driving vehicles – less crime, more social control

2017年11月25日, 星期六

etedprince

Innovation and innovators Government

Just some idle speculation on my part while I was flossing my teeth. You know, thinking about life when I’m not allowed to drive a car, which looks like it could be soon. Ah well… So it looks like self-driving cars are well on the way. Doesn’t that mean there will be a lot less accidents? The statisterati say that 95% of motor vehicle accidents are...

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1679 Hits

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The End of Restaurants?

2017年7月22日, 星期六

etedprince

Innovation and innovators Popular Culture

I just returned from one of my regular trips to China. Air quality worse, even more traffic. BUT a Cambrian-like explosion of bikes and bike-sharing (see Ofo) and now, lots more yummy takeout. Americans invented takeout right? How dare the upstart Chinese try to beat us at our own game? But they have: massively. China and the US are on different pl...

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1961 Hits

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AI – Let’s move beyond party tricks!

2016年12月10日, 星期六

etedprince

Innovation and innovators Neuroscience Technology

Right now AI is really hot. But to me it’s boring, showing no imagination. Siri still performs at the level of a very dumb 5 year old. Self-driving autos work but the tech is soooo incremental. Basically AI is all about performing party tricks. When will it get truly smart, even shocking? I am sure you have heard of the famous American science fict...

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Should we deliberately slow down innovation?

2016年7月15日, 星期五

etedprince

Economics and finance Innovation and innovators Neuroscience

Did you notice that Alvin Toffler, author of “Future Shock” just passed away? His book was published in 1970. That was well before the Internet, Twitter, Facebook and even photocopiers and hand-held electronic calculators. Think what he would say today? Clearly the pace of change has accelerated dramatically since Toffler alerted us to the problem....

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e-Wallets – China is Winning

2016年1月24日, 星期日

etedprince

Economics and finance Innovation and innovators Technology

For all the angst about the problems in the US, at least we still lead the world in innovation, right? Not so fast, read on for this telling little story. The US Is still in the throes of deciding which e-wallet it will use. There’s a ton of them around so mass appeal is limited until John Q. Public makes up his tiny mind. Then retailers can finall...

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The Unicorn Innovation – Address Dumbed-Down Basic Needs

2015年12月05日, 星期六

etedprince

Innovation and innovators Entrepreneurship Technology

Unicorns are so….fashionable. You know what they are right? Startups valued at at least $1 billion, amazing right?. Right now in the US there are over 80 unicorns, mainly in Silicon Valley. One of them, Square, just went public at a valuation of $6 billion which was felt to be a low figure now. Hmmm. Now there are so many unicorns that there is a n...

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2868 Hits

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Are Narcissistic, Uncaring People the Most Successful Leaders?

2015年10月18日, 星期日

etedprince

Innovation and innovators Leadership

I just saw the Alex Gibney’s documentary about Steve Jobs, “Steve Jobs: The Man in the Machine”. It’s more true to the man than Danny Boyle’s “Steve Jobs”, also showing now. I’ve already showed my hand in my blog post on the 2013 film “Jobs”: “Can a Narcissistic Bully be a Good Leader? So what’s the message? Jobs was a visionary, bullying, aestheti...

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3893 Hits

3893 Hits

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Does Work-Life Balance Reduce Innovation?

2015年9月08日, 星期二

etedprince

Innovation and innovators

b2ap3_thumbnail_2015-08-19-1440002919-2552399-worklifebalance.jpg

Did you notice that Goldman Sachs (of all companies!) has just forbidden its interns from working after midnight? Seems like their HR people, if not the pooh-bahs, have just suffered an attack of political correctness aka social responsibility. So even if one of their starting interns wants to work his version of overtime (like into the wee hours),...

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Goldman Sachs work-life balance workaholics alcoholics innovators

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Cheating is a form of innovation

2015年6月27日, 星期六

etedprince

Innovation and innovators

Have you heard about the scandal with cheating on the SAT? It’s particularly prevalent in Asia with Chinese and Korean students being repeat offenders. The organizations behind the cheaters go to some considerable lengths to get the SAT questions. They send questions to phones by text and other means. The stakes are rising though. Some cities in Ch...

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Tags:

Taylor Swift Grooveshark Frank Sinatra cheating innovation

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Most innovators are spotters not creators – but that’s fine

2015年6月06日, 星期六

etedprince

Innovation and innovators

Over the last couple of weeks I have been conducting coaching for innovators identified using our psychometric assessments. This has reminded me of an important issue that usually gets overlooked in discussions on innovation. In the conventional wisdom, an innovator is someone who thinks up an idea and then (maybe) does something with it. I have bl...

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3831 Hits

Tags:

spotting ideas spotting opportunities Steve Jobs Bill Gates innovators

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There’s no innovation without innovators

2015年5月18日, 星期一

etedprince

Innovation and innovators

You know the usual approach to innovation in a corporation. Hold an offsite for brainstorming and to stimulate creativity. Get a big-name consultant. Team comes up with an idea, makes a plan. Does a public relations blast announcing their breakthrough idea. Fails. Do again. Fail again. If that wasn’t the case the vast majority of organizations woul...

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4018 Hits

Tags:

innovators innovation entrepreneurship brainstorming creativity

Recent Comments

Guest — Jason Milton

I subscribe to your theory "innovators are tolerated not liked"......

2015年5月24日 10:21, 星期日

Guest — Ted Prince

Yep, too threatening...

2015年5月24日 13:01, 星期日

4018 Hits

2 Comments

What’s the Difference between Entrepreneurship and Innovation?

2014年10月15日, 星期三

etedprince

Innovation and innovators

You can’t lift up any piece of news or commentary these days without seeing a discussion or article about entrepreneurship and innovation and how to improve one, the other or both. Prescriptions abound. But my question is: are entrepreneurship and innovation the same thing or are they different? I ask that because you usually see them come in twos ...

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entrepreneurship innovation innovators creativity Elon Musk

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Peter Thiel “Zero to One”: Monopoly-ness is Closest to Godliness!

2014年9月21日, 星期日

etedprince

Innovation and innovators

I just read Peter Thiel’s new book “One to Zero”. You know Peter Thiel right? Co-founded Paypal, founded Palantir, well-known for his scholarships that give chosen entrepreneurs $100,000 if they quit college and start a company. Quite a guy. The book is really a series of reflections on innovation and entrepreneurship whose quality varies more than...

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3878 Hits

Tags:

Blue Origin Elon Musk Jeff Bezos Peter Thiel SpaceX

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Ripples In Corporate Space-Time: Do Companies Have An Internal Clock?

2014年3月29日, 星期六

etedprince

Innovation and innovators

Did you hear all the latest buzz about those boffins (at Harvard-Smithsonian Center for Astrophysics) who just discovered gravitational waves? So we can actually measure time back almost to the time of the Big Bang? And they did it by actually showing the super-imposition of these waves on the Cosmic Microwave Background (Ok don’t ask but look here...

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5686 Hits

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gravitational waves innovators organizational entropy organizational evolution

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Are you confusing creativity and innovation?

2013年10月26日, 星期六

etedprince

Innovation and innovators

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business acumen creativity innovation

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Is Innovation a form of Business Acumen?

2013年8月05日, 星期一

etedprince

Innovation and innovators

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behavioral finance business acumen cognitive biases creativity innovation

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Innovation and innovators