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Innovation in the Product Life Cycle

I recently ran across notes I had taken while reading a book that summarized management skills. I no longer remember the title or author’s name, but the book was an overview of all the subjects covered in an MBA program 20 years ago. Of course, MBA programs have changed a lot in this time frame,… Read More >

Innovation Project Scheduling

Time. It is the only resource for which there is no true price and the only resource that cannot be recovered. Once we spend a minute, an hour, or a day, it is gone. We cannot re-use the time or re-purpose it. Yet, time is a resource that is often wasted. Personally, I can waste… Read More >

Four Stages of Competition

According to Dictionary.com, the origin of the word “competition” is Latin, around 1600 AD. One definition is “a contest for some prize, honor, or advantage”. Another definition is “the act of competing; rivalry for supremacy”. In business, we often think of our competition as other organizations that compete with similar products in a marketplace. It… Read More >