Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming up with his former track coach, Bill Bowerman. Together (and with the help of a waffle iron) they changed how running shoes are designed and made. Knight discusses the company's enduring culture of innovation, as well as the succession process that led to former runner and Nike insider Mark Parker becoming CEO.

Ming Zeng, the chief strategy officer at Alibaba, talks about how the China-based e-commerce company was able to create the biggest online shopping site in the world. He credits Alibaba’s retail and distribution juggernaut to leveraging automation, algorithms, and networks to better serve customers. And he says in the future, successful digital companies will use technologies such as artificial intelligence, the mobile internet, and cloud computing to redefine how value is created. Zeng is the author of "Smart Business: What Alibaba's Success Reveals about the Future of Strategy.”

Gary Pisano, professor at Harvard Business School, studies innovation at companies large and small. He says there’s too much focus on the positive, fun side of innovative cultures and too little understanding of the difficult truths behind sustained innovation. From candid feedback, to strong leadership, to individual accountability and competence, to disciplined choices, Pisano says leaders need to understand and communicate these realities. He's the author of the HBR article “The Hard Truth About Innovative Cultures” and the new book “Creative Construction: The DNA of Sustained Innovation.”

Efosa Ojomo, global prosperity lead at the Clayton Christensen Institute, argues that international aid is not the best way to develop poor countries, nor are investments in natural resource extraction, outsourced labor, or incremental improvements to existing offerings for established customer bases. Instead, entrepreneurs, investors, and global companies should focus on market-creating innovations. Just like Henry Ford in the United States a century ago, they should see opportunity in the struggles of frontier markets, target non-consumption, and create not just products and services but whole ecosystems around them, which then promote stability and economic growth. Ojomo is the co-author of the HBR article "Cracking Frontier Markets" and the book The Prosperity Paradox.

Safi Bahcall, a former biotech CEO, began his career as a theoretical physicist before joining the business world. He compares the moment that innovative companies become complacent ones to a glass of water freezing, becoming ice. The elements are the same, but the structure of the company has changed. Bahcall offers ways for growing companies to avoid these inevitable forces and continue to innovate. He's the author of the book "Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries" and the HBR article “The Innovation Equation."

Nathan Furr, assistant professor of strategy at INSEAD, researches what makes great innovative leaders, and he reveals how they develop and spend “innovation capital.” Like social or political capital, it’s a power to motivate employees, win the buy-in of stakeholders, and sell breakthrough products. Furr argues that innovation capital is something everyone can develop and grow by using something he calls impression amplifiers. Furr is the coauthor of the book “Innovation Capital: How to Compete--and Win--Like the World's Most Innovative Leaders.”

Deborah Ancona and Kate Isaacs, researchers at MIT Sloan School of Management, say many companies struggle to be nimble with a command-and-control leadership culture. They studied Xerox’s R&D outfit PARC and the materials science company W.L. Gore & Associates and found these highly innovative organizations have three kinds of leaders: entrepreneurial, enabling, and architecting ones. These roles work together to give direction and avoid creative chaos. Ancona and Isaacs are coauthors of the HBR article "Nimble Leadership."

Henry Chesbrough, adjunct professor at the University of California Berkeley Haas School of Business, coined the term "open innovation" over a decade ago. This is the practice of sourcing ideas outside your own organization as well as sharing your own research with others. However, he says that despite a booming economy in Silicon Valley, companies aren't executing on open innovation as well as they should. They are outsourcing, but not collaborating, and fewer value-added new products and services are being created as a result. He's the author of the book "Open Innovation Results: Going Beyond the Hype and Getting Down to Business".

Jim McKelvey, entrepreneur and cofounder of Square, says that most companies that think of themselves as innovative are really just copycats. True innovation, he argues, is about fearlessly exploring novel solutions and dramatically expanding markets. Doing so also helps startups defend their innovations against industry giants, as Square did against Amazon. McKelvey is the author of the book “The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time.”

Creating an intelligent digital workforce through automation

Such animosity explains why most executives believe that any significant innovation initiative requires a team separate and isolated.

While over 20 technical and scientific institutions are working on developing a vaccine for coronavirus, IITs have already set up "COVID-19 specific research centres", encouraging developments in the innovation ecosystem.

The Racing and Community Development Act of 2020, which will protect the long-term future of horse racing in Maryland through the rebuilding of Pimlico Race Course and Laurel Park into state-of-the art facilities, was one of many bills Gov. Larry Hogan allowed to become law without his signature on Thursday, May 7. The legislation, which […]

The post Maryland Governor Allows $375 Million Racetrack Renovation Bill To Become Law appeared first on Horse Racing News | Paulick Report.

A bond bill critical to a deal brokered between city leaders and the track's operator is now law.

Work recently began on renovations to the clinic building on the South Rim of Grand Canyon National Park.  https://www.nps.gov/grca/learn/news/news_2009-08-03_dispatch.htm

The National Park Service (NPS) recently awarded a construction contract to SKY Engineering and Construction, Inc. of Phoenix, Ariz., for the renovation of the Desert View restroom and the replacement of existing chemical toilets with new concrete vault toilet buildings at four locations along Grand Canyon National Park’s Desert View Drive. Locations include: South Kaibab Trailhead, Grandview Overlook and Trailhead, Buggeln Hill Picnic Area, and Tusayan Museum. https://www.nps.gov/grca/learn/news/desert-view-restroom-renovation-and-east-rim-drive-toilets-project-to-begin-at-grand-canyon-national-park.htm

Desert View Watchtower, one of the most prominent architectural features on the South Rim of Grand Canyon National Park, is slated to undergo renovations over the next several months. https://www.nps.gov/grca/learn/news/news_2010-1-11_watchtower.htm

On Saturday, May 18th, 2013, over 500 people gathered to celebrate the trailhead renovation of one of Grand Canyon National Park’s oldest and most visited trails. https://www.nps.gov/grca/learn/news/grand-canyon-national-park-dedicates-the-newly-renovated-bright-angel-trailhead.htm

ADRIAN MICHAELS has been named VP/Innovation, Radio & Streaming at BBR MUSIC GROUP’s STONEY CREEK RECORDS label effective MONDAY, JUNE 1st. He announced plans last week to depart … more

A system for fastening a rail to a solid foundation, and a method for renovating a rail-fastening point. The system and the method allow a fastening point for a rail to be easily and economically renovated in such a way that a permanently reliable function of the renovated fastening is then ensured again while the worn support section remains. The system for fastening a rail to a solid ground foundation includes: a layer formed by a compensating mass applied to the support section; a base plate resting on the layer and extending over the support section, upon which the rail is supported in the finally installed state; a spring element for exerting a resilient elastic retention force on the rail; and a clamping element that can be anchored in the solid foundation for clamping the spring element.

The disclosed apparatus cools a drinking liquid utilizing the Peltier effect, and optionally includes a system of gasification for gasifying the drinking liquid, once cooled. The cooling system in turn includes: a first cooling circuit, in which an operating fluid circulates, associated with a hot side of a Peltier cell; and a second cooling circuit, in which the drinking liquid circulates, associated with a cold side of the Peltier cell. The Peltier cell is integrated in a cooling unit exhibiting a special sandwich structure which integrates, as well as the Peltier cell, a first and a second heat exchanger, apt respectively to exchange directly the heat between the operating fluid which circulates in the first cooling circuit and the hot side of the Peltier cell and between the drinking liquid which circulates in the second cooling circuit and the cold side of the Peltier cell to cool the drinking liquid.

THE future of a much-loved Southampton band considered one of the rising stars of British indie pop is in doubt after music equipment worth thousands was stolen.

In this edition of the AppleVis Extra, Dave Nason, Alex Hall, Tyler Stephen, and Robin Christopherson discuss Apple's "By Innovation Only" event held on September 10, 2019.

Leaders from some of Europe’s largest companies will be gathering in Birmingham to discuss the role that open innovation and collaboration can play in boosting the economy

PluginFox has launched an exclusive sale on two audio plugins by Tokyo Dawn Labs, offering a 50% discount for a limited time only. NOVA Gentleman’s Edition MKII is a parallel dynamic equalizer. Appearing in the familiar layout of a parametric equalizer, the plugin also includes flexible dynamics processing options allowing the coverage of an impressively […]

The post Save 50% on Tokyo Dawn’s NOVA GE & SlickEQ M equalizer plugins appeared first on rekkerd.org.

The watchmaker will form a development centre in Hyderabad with HUG in hardware, firmware, software and cloud technology and has appointed the company's founder Raj Neravati to head technology for wearables at Titan Company.

The startup plans to use the funds raised to focus on building unique phygital interactions, new product developments and expand its retail presence from 15 countries to more than 30 countries

The products are made from certified organic ingredients grown in the company’s 40 hectare farmland near Sanand, Ahmedabad, claimed Aditi Vyas, founder and director.

Sydney Wayser, aka Clara Nova, talks about the impact Rufus Wainwright's song "Oh What A World" had on her own music and how her feeling of connection with artists, both visual and musical,  continues to inspire her creative process.

First-year UW offensive coordinator John Donovan placed his faith in a familiar face when it came to the Huskies' new tight ends coach. Now Derham Cato — previously a UW offensive analyst — must prove he's up to the task.

Prince Harry and wife Meghan have agreed to give up their royal titles and repay several million in housing expenses, stirring up another sensation in Britain. It wasn’t so long ago that some in the United Kingdom were upset about the renovations of the residence in question: Frogmore Cottage. On Saturday, Buckingham Palace announced the […]

BALTIMORE (AP) — The Preakness will remain a fixture at timeworn Pimlico Race Course, which will receive a much-needed facelift following the passing of a bill to redevelop Maryland tracks. Gov. Larry Hogan on Thursday permitted a bill to become law that would enable the Maryland Stadium Authority to issue up to $375 million in […]

First-year UW offensive coordinator John Donovan placed his faith in a familiar face when it came to the Huskies' new tight ends coach. Now Derham Cato — previously a UW offensive analyst — must prove he's up to the task.

Roy O'Donovan of the Brisbane Roar celebrates a late goal during the Round 1 A-League match between Perth Glory and Brisbane Roar at HBF Park in Perth, Sunday, October 13, 2019.

Space exploration has given us conveniences such as smartphone cameras, memory foam mattresses and satellite navigation, but it also boosts the economy.

Prime Minister Scott Morrison says the cottage where Bob Hawke was born is a "significant part" of Australia's democratic history, and commits $750,000 to purchase and renovate the Bordertown property.

New modelling shows a proposal to create a national body for research and innovation in the forestry sector would create hundreds of jobs in Western Australia's south.

NORPA's 2013 season opened with the captivating gothic classic, Frankenstein, and what a pick that was to see in the renovations at Lismore City Hall.

Are entrepreneurs the great innovators we’re told they are? What if the ideal of the lone genius is simply a myth? Innovation is a buzz term that’s become so over-used as to be almost meaningless. It’s time to be more innovative in our understanding of innovation.

The Cordillo Downs woolshed is the biggest of its kind in the world and a reminder of when Australia rode on the sheep's back. Now help is being sought to guarantee its future.

A recent Harvard study found Australia's economy is less complex than Kazakhstan or Uganda, but is the assessment fair? And, if it is, what can be done to diversify the economy away from its mining dependence?

Sometimes, the simplest solutions are the best, as a team of scientists found when building an underwater drone which had to do things no robot had done before.

Diversification and innovation are proving to be a key factor in the survival of multi-generation farming families.

Garry Seidel became so frustrated with the durability of his oyster baskets, he set out to create a more robust design capable of lasting years longer than those that had failed and were stacking up in his shed.

University of Huddersfield scientists have teamed with the Huddersfield company Reliance Precision for two successive 3D printing projects that have earned £2.25 million funding from Innovate UK.

AWI leader tells ABC reporter to "f**k off" at industry event north of Adelaide [LANGUAGE WARNING].

North Korea's leader Kim Jong-un orders the removal of all "shabby" facilities at the Mount Kumgang tourist site the current resting place of Townsville's former Barrier Reef Floating Resort.