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BusinessWeek -- Innovation of the Week
Each week, BusinessWeek's innovation and design writers and editors talk with the most cutting-edge minds in business.

BusinessWeek Podcasts
  • New Products Require Quicker R&D
    Despite financial, economic, and regulatory pressures, companies must hurry along their product development. Standardizing or automating routine processes can help, as Asian leaders are showing

  • How Can Government Spark Innovation?
    Alec Ross, senior advisor on innovation to Secretary of State Hillary Clinton, discusses how governments at home and abroad can fuel inventive thinking. Companies such as Google and Cisco, he says, have gained from public funding

  • Telepresence: An Innovation Hotbed?
    Robert C. Hagerty, CEO of Polycom, discusses why he thinks videoconferencing and telepresence (essentially very high-quality videoconferencing) will spark invention and new business partnerships

  • Building Shanghai's Design Culture
    Both local and multinational design firms in Shanghai are starting to explore the role design can play in addressing social issues such as education and the environment, says Tim Marshall, provost of the New School in New York.

  • Reimagining Consumer Products
    New York innovation consultancy Fahrenheit 212 has helped the likes of Coca-Cola and Procter & Gamble develop new products. CEO Geoff Vuleta tells how the firm also came up with a new vending machine for Samsung

  • Defining Large-Scale Innovation
    Innovation adviser and author John Kao says that scaling up innovation projects requires acting on behalf of society, not just corporations. Could governments play a larger role?

  • Valuing Social Networks
    Amid the recent hype surrounding the valuations of social networking sites such as Facebook and Twitter, Harvard professor Nicholas Christakis discusses the hidden values of being connected both offline and online

  • The Pursuit of Elegance
    The best ideas have something missing - and that's no bad thing, says former Toyota consultant Matthew E. May. Here, he explains the importance of elegance and evolutionary innovation in business

  • Business Should Think Like Designers
    Tim Brown, CEO of design shop IDEO, writes in his new book, Change by Design, that companies would do better by adopting "design thinking." Learn what customers want, he says, and answer their needs

  • Turn the Downturn to Your Advantage
    Bain & Co. partner Darrell Rigby, author of Winning in Turbulence, says smart companies will assess strengths during the recession and move toward recovery with daring but calculated actions. He talks to BusinessWeek's Reena Jana

  • R&D Can't Wait for the Recovery
    Companies are slashing budgets as sales have tumbled. But Lisa Gundry, director of DePaul University's Center for Creativity & Innovation, warns that cutting R&D now will mean stale catalogs when customers return

  • Getting to Plan B
    Kleiner Perkins Caufield & Byers partner Randy Komisar discusses his book, Getting To Plan B. By eschewing the traditional business plan, entrepreneurs and innovators can build thriving enterprises

  • A Leaner Way to Develop Products
    Dantar Oosterwal, a former product-development exec at Harley-Davidson and Sara Lee and the author of The Lean Machine, argues that innovation can be streamlined just like manufacturing.

  • Innovation Doesn't Triumph Naturally
    Most people need some coaxing to try something new, says David Midgley, an INSEAD marketing professor and author. That's why marketing is so critically important

  • A Starbucks that's 'Not a Starbucks'
    Starbucks want to create a new, niche coffee shop. Will 15th Avenue Coffee and Tea appeal to consumers or will it inspire a backlash? Branding expert Brian Collins weighs in

  • Determining Twitter's Value
    Erik Brynjolfsson, a professor at MIT's Sloan School of Management and director of MIT's Center for Digital Business, says Twitter can be measured by how it makes people productive, not just in monetary value

  • Innovation 101: What Do Customers Want?
    While most companies say innovation is the key to growth, they often don't know quite what their clients want. Consultant Ulwick of Strategyn has a Six Sigma-like process to figure that out and, in turn, set companies on a surer product-development course.

  • Design in a Recession
    The co-founder of Smart Design, a New York innovation consultancy, discusses how industrial design was born in the Great Depression -- and how it can galvanize economic growth even in very tough times

  • Microsoft's Trickle-Up Strategy
    Microsoft is looking to developing-world audiences for inspiration on new products for the U.S. Now it is also increasingly hunting for R&D talent among students in emerging markets. The company's Amit Mital explains

  • Building Innovation Radar
    The more successful a company is today, the more likely it is to be disrupted tomorrow. MIT Sloan School of Management visiting professor Alan MacCormack suggests new approaches for anticipating what's ahead

  • Computer Sciences CIO Sees Progress
    Lemuel Lasher, chief innovation officer at Computer Sciences Corp. says that although IT spending is down, innovation continues

  • Experiments, Prototypes & Concepts
    I Miss My Pencil is a book of ideas and concepts. Co-author and IDEO design strategist Kara Johnson discusses some of the book's findings and explains why freewheeling experimentation is important

  • Can American Idol Spur Invention?
    Wharton professors Christian Terwiesch and Karl T. Ulrich discuss how companies can cultivate and select new business opportunities by creating or participating in competitions for ideas.

  • Building an Innovation Culture
    Building an innovation culture might be one of the least discussed challenges facing executives. But, says InnoCentive CEO Dwayne Spradlin, it's also one of the most pressing. Spradlin offers tips and advice for fostering internal innovation

  • Transformative Innovation
    The recession has caused industries to crumble and companies to rethink how they do business. Innosight President Scott Anthony discusses how to adapt and survive with fewer resources.

  • Innovation in 11 Easy Steps
    Gerald Sindell, who runs business consultancy Thought Leaders International, talks about the process he has developed to help people become innovative. He lays out this step-by-step program in his new book, The Genius Machine

  • Starck on Design
    "I am always ashamed of everything I do." So speaks Philippe Starck, creator of iconic products, luggage, hotels, even spaceship interiors. In this freewheeling interview, he candidly takes on all topics

  • The Key to Corporate Longevity
    Innovative products and services will take a company only so far. Northwestern University's Robert Wolcott counsels corporations to create offshoot businesses, too

  • Defining the Creator Economy
    Forecaster and strategist Paul Saffo discusses the shift from "consumer" to "creator" economy, and the implications this has for Big Business

  • Design Strategy for Business
    In 2007, Nathan Shedroff helped launch an MBA program in design strategy at California College of the Arts. Here, he discusses some things the faculty has learned so far, along with the importance of design thinking in business

  • Accessible Design Is Good Business
    Companies such as Apple are focusing on how design for the disabled might inspire easy-to-use gadgets for people of all ages and abilities. Graham Pullin, author of Design Meets Disability, discusses how this approach makes sense for businesses.

  • The Future of the City
    The U.N. estimates that by 2050 some 70 percent of the world's population will live in cities. Chris Luebkeman, director for global foresight and innovation at Arup, discusses the implications of this shift, and some of the measures being taken to face it

  • How Business Can Find Its Way
    "I know your system was a success because nobody mentioned it." So spoke a happy client to David Gibson, a trailblazing New York designer. Here, Gibson explains the importance of information design, as shown by outfits such as Apple and Best Buy

  • 'Unthinkable' Business Strategies
    Joshua Cooper Ramo, managing director at Kissinger Associates and author of The Age of the Unthinkable, says businesses that think counterintuitively will succeed in the downturn

  • Guy Kawasaki on Startup Innovation
    Guy Kawasaki, the Silicon Valley venture capitalist and former Apple Fellow, discusses his new startup, the "online magazine rack" Alltop. He also talks about the challenges that large corporations face when trying to think in fresh ways.

  • ProgressiveRX vs. Wal-Mart
    After graduating from Oxford's Said B-school and working at Ford Europe, Hayden Hamilton left to start an online pharmacy, ProgressiveRx, catering to Americans with no prescription drug coverage. He's competing with the big-box stores on price.

  • Open Innovation: A Xerox Case Study
    Santokh Badesha, a Xerox fellow and the manager of open innovation for the Xerox Innovation Group, gives the inside story of how the company used open innovation to solve a long-standing problem in its printer business

  • Benchmarking American Innovation
    Co-author Rob Atkinson explains the findings of "The Atlantic Century," a new report from the Information Technology & Innovation Foundation, which calls for U.S. government and business to focus determinedly on innovation.

  • High Growth, Low Risk
    Columbia Business School professor and innovation consultant Rita McGrath discusses her new book, Discovery-Driven Growth, and the methods that companies should use to manage growth.

  • Making Machines "See"
    Dr. Visvanathan Ramesh, Siemens' Inventor of the Year, discusses advances in computing power and the sophisticated camera equipment that makes it possible to endow machines with sight

  • Philips CEO: Emerging-Market Lessons
    The chief executive of Dutch multinational Royal Philips Electronics discusses how the company remains committed to research and mergers and acquisitions in developing regions, even during the downturn

  • The Innovator's Prescription
    It's no secret the U.S. health-care system is in a state of disarray, but can Washington save it? Or will private innovation outpace government proposals? HBS professor Clayton Christensen analyzes some of the key issues facing 21st century health care

  • The Value of Open Innovation
    NineSigma's Frank Evan helps big companies tap independent inventors, university researchers, and others outside their R&D departments. Evan talks about open innovation, how to know if it's working, and why you shouldn't just slash your innovation budget.

  • Keeping MINI Fresh
    From the 2009 Detroit International Auto Show, MINI Design Chief Gert Hildebrand discusses how his designers keep the iconic line of autos fresh year after year. He also talks about the fraternity of auto designers that meets up at auto shows.

  • IBM's New Retail Tools
    American consumers are developing new shopping styles, concludes a new survey of 30,000 shoppers by IBM. Big Blue's Fred Balboni explains a new suite of tools intended to help retailers analyze customers' buying patterns as the downturn continues

  • The New Contrarianism: Less for Less
    Michael Raynor, co-author of The Innovator's Dilemma and author of The Strategy Paradox, outlines his theory of "the new contrarianism." In a downturn, says Raynor, companies need to look beyond belt-tightening to focus obsessively on their customers

  • Empathy Loves Company
    Dev Patnaik, founder of innovation strategy firm Jump Associates, discusses how businesses can really expand their reach if they take the trouble to look at things through their customer's eyes.

  • The Year in Innovation: 2008
    BusinessWeek's New York innovation team discuss the main themes and trends of the past year, from disastrous financial innovation to the proposed remodeling of health care

  • The Net Generation Grows Up
    Don Tapscott, author of 'Grown Up Digital,' describes how business leaders must adapt to a new, hyper tech-savvy generation. He also discusses the effect this young group had on the 2008 election and will continue to have on the incoming Administration.

  • Nestle's Collaborative Strategies
    Nestle has been working with art students and emerging-market researchers to develop new products and branch out to new audiences. Helmut Traitler discusses how the Swiss-based company approaches "open" innovation to help Nestle grow.

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