To Inspire Innovation, Get a Muse - Michael Schrage - Harvard Business Review

Yves Saint Laurent and Pablo Picasso — brilliant entrepreneurs as well as celebrated artistes — claimed inspiration from muses.So, apparently, did Steve Jobs. Perhaps the newly-knighted Sir Jonathan Ive has one, too. Creative dynamos have always sought the frisson of the divine revelatory spark. So they look to a muse for energy inspiration. Does your business — should your innovators — have a muse?

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How Google and Facebook Censor Your World Through Personalization and Algorythmns - TED Video

Why large firms are often more inventive than small ones - Schumpeter: The Economist

SOME people say it is neither big nor clever to drink. Viz, a British comic, settled that debate with a letter from a reader who said: “I drink 15 pints a day, I’m 6 foot 3 inches tall and a professor of theoretical physics.” However, another question about size and cleverness has yet to be resolved. Are big companies the best catalysts of innovation, or are small ones better? Joseph Schumpeter, after whom this column is named, argued both sides of the case. In 1909 he said that small companies were more inventive. In 1942 he reversed himself. Big firms have more incentive to invest in new products, he decided, because they can sell them to more people and reap greater rewards more quickly. In a competitive market, inventions are quickly imitated, so a small inventor’s investment often fails to pay off. These days the second Schumpeter is out of fashion: people assume that little start-ups are creative and big firms are slow and bureaucratic. But that is a gross oversimplification, says Michael Mandel of the Progressive Policy Institute, a think-tank. In a new report on “scale and innovation”, he concludes that today’s economy favours big companies over small ones.

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How Much Do We Need To Know or Should We Know - The Conference Board Review - James Krohe Jnr.

In twenty years of the Internet age, big companies have come to know more about their customers, their suppliers, and their own operations than they ever did, or could. Information pouring in from sensors and points of sale enables businesses to know how to sell things to shoppers before they know they want them, fix machines before they break, reorder stock before it runs out. “Big data,” which McKinsey trumpeted in March as “the next frontier for innovation, competition, and productivity,” is in fact the previous frontier with a new name.

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I am a Leader, Not A Manager - Harvard Business Review

One of Kent's friends — we'll call him Roy — is a master craftsman who owns a small business that makes custom wood furniture. After making some cutbacks in 2009, his little company still employs three fine woodworkers, an office supervisor/customer service rep, and an apprentice. What makes Roy unusual is that when he founded his firm a dozen years ago, he realized he knew nothing about business. And so he began reading serious books on the subject, as well as the Harvard Business Review and two or three business magazines.

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