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Thursday, December 24, 2009

Margin of Safety: My most favorite insight of 2009

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2009 was a year of severe economic depression. It is no surprise that I began to appreciate a concept called Margin of safety a lot more du...
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Tuesday, December 15, 2009

Thomas Edison and the patent paradox

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With 1093 patents to his credit Edison has been an undisputed king of the patent world. At least a third of these patents have been relate...
Monday, December 14, 2009

Edison’s Folly and understanding the exposure to negative black swan

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What is the worst nightmare of an innovator? We may think it is a fear that the innovation may not take off. But we are wrong. The worst nig...

William Denny and world’s first and pioneering idea management system

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We looked at the evolution of a 50+ years old idea management system at Toyota . We also looked at benchmark data from idea management syste...
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Sunday, December 13, 2009

Idea communication: The Edison way

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In a previous article we looked at Thomas Edison’s method of innovation . As Edison’s innovation factory churned out incremental and radical...
Sunday, December 6, 2009

Idea management systems in India: Benchmark data from INSSAN

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We looked at how idea management evolved at Toyota over 40 years from 1951 to 1989 cumulatively generating 20 million ideas. A natural que...
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Monday, November 16, 2009

Thomas Edison’s method of innovation

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What was the most significant innovation of Thomas Edison? Some may say it was the distribution of electricity and incandescent lamp. Others...
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