People centred innovation with base of the pyramid

Here is one way innovation is being used to improve the lives of people with less resources on our planet... The Denmark-based Center for Sustainable Innovation (blog) is embarking on a new combined research and consultancy project about People Centred Innovation with Base of the Pyramid. The project, which is funded by the Danish Network for Research Based Userdriven Innovation - NfBI, will be exploring how to create new products and business models to improve the life of the half of the world’s population that is getting by on less than 4 USD a day (in comparative purchasing power as if they were living in the US), and how to put people first and include their needs and aspirations, and their knowledge and resources in this [which the UN calls Growing Inclusive Markets].

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A Sunday stroll around innovation and customers and voices

I came across an interesting blog discussing the differences between innovation and invention recently. The relationship between businesses and their customers was also conveyed in an interesting discussion. Check this out... Innovation takes place when the customer adopts something, not earlier. Invention by itself is relatively valueless .... until and unless someone comes along with a business model that allows people to consume the invention simply and efficiently.

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Media Business: New Approaches

Very neat interview with the Founder of Twitter and Current TV on the new do it yourself media that continues to develop at a rapid rate.

Leadership at the summit

Chris Warner has cheated the death zone, where oxygen is thin and the weather brutal, to stand atop the world's two highest peaks, Mount Everest and K2 - the only Marylander to have done so. The Annapolis resident and certified Alpine guide owns Earth Treks, with climbing gyms in Columbia, Timonium and Rockville, and leads expeditions of business school students on team-building outings to the high peaks of South America and Africa. With Don Schmincke, a Maryland-based business consultant, Warner has written a book, "High Altitude Leadership: What the World's Most Forbidding Peaks Teach Us About Success."

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The Balance Needed to Lead Change

Kerry A. Bunker and Michael Wakefield shed some light on why leading change is so difficult...

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