hernaes.com

Innovation – Finance – Technology

Month: June 2016

Uncategorized

What is Brexit and why should you care?

Brexit refers to the possibility of Great Britain deciding to leave the European Union. The term is an abbreviation of British Exit, and originates from the term Grexit when Greece considered the same thing. The referendum will be held on June 23rd, where the voters will decide whether Britain should stay or go. The only thing that is certain is that the short term consequences will be negative. I agree that the European Union in its current state is flawed in several ways, but I do believe that the long term effects of a Brexit will be negative for both UK and the EU.

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How to succeed with innovation in established companies

Ten years ago I did my masters thesis on innovation capabilities in established companies. Since then I have been working with innovation the last ten years in various organizations. How naive I was when I was looking at innovation from an academic perspective. A lot of theory is focused on idea management, innovationstrategies, business models and processes. The truth is that what could have been brilliant innovations often end up as merely incremental improvements that act as artificial respiration for dying business models.

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