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Innovation: R&D Spending Helps but Doesn’t Guarantee Innovation

By Dick Weisinger

Many of the most innovative companies, like Apple and Alphabet have enormous R&D budgets.  But, businesses are spending less on R&D. PwC estimates that R&D budgets in 2020 will be 19 percent lower than they were in 2010. What does that

Repurposing Innovation: Turning Amazon’s Alexa into an Assistant in the Lab

By Dick Weisinger

Upcycle. Recycle. Reuse.  Inventors and businesses selling products for one purpose are often surprised when their products are used for purposes totally different from what they were originally designed. It happens frequently in the drug industry.  For example, drugs that have

Innovation: Small Businesses that Adopt Digital are More Likely to Succeed

By Dick Weisinger

Small businesses that have adopted digital technologies are seeing improved growth and business success. A study by IDC and commissioned by Sage, found the following: 56 percent of small businesses have adopted digital technologies, but the remaining businesses still work in

Business Transformation: Organizations Struggle to Find the Path to Innovation

By Dick Weisinger

Businesses aren’t happy with themselves.  A report by KPMG found that 96 percent of businesses say that they need to change, transform and become more innovative. Stephen Hasty, Global Transformation Leader at KPMG International, said that “business transformation can no longer be

Innovation: Trying to Foster Creativity by Applying Metrics

By Dick Weisinger

Everyone talks about innovation and disruption and changes across all industries.  Harvard Business Review reports that established businesses are worried about disruptions and have set up innovation teams to make sure the business remains strong and competitive.  Companies like AIG, Disney