Tagged: innovation

Dr. Samuel West and Mark Coopersmith

“Museum of Failure” and other highlights from the Innovation Roundtable

Greetings from Copenhagen! I am here for the Innovation Roundtable Summit—the largest gathering of corporate innovation executives in the world. I just delivered a keynote address on the closing of Day 1, giving an updated take on “The Other ‘F’ Word.” On Day 2 I did a deeper dive into that topic, and deconstructed the Failure Value Cycle (from my book). On Day 3 I led a session on “Three Keys to Corporate Entrepreneurship,” where I take core entrepreneurial practices and adapt them to work in large enterprises.

Join me in Copenhagen at the Innovation Roundtable Summit (plus new insights from “The Other F Word”)

In 2015, my coauthor John Danner and I released our book “The Other F Word: How Smart Leaders, Teams, and Entrepreneurs Put Failure to Work,” (Wiley).  At the time, I thought we would have two or, at most, three years of interest in our book and the related frameworks we developed to cultivate a more...

Unlocking Innovation: Strategies from Silicon Valley CEOs (podcast and article)

I recently moderated an on-stage conversation in Silicon Valley with a group of four amazing and successful CEOs of very successful companies. This was the kickoff evening of a multi-day conference, and our objective was to lay out the topic of innovation as the core theme for the days that followed.

To to get things started I asked them each to share some personal perspectives and examples about how they unlock, drive and nurture innovation inside large organizations.  

Innovation versus Entrepreneurship

We often conflate innovation and entrepreneurship, but while they are related, they differ in several key elements. My definitions are straightforward: Innovation is developing something new and better, with the potential to drive significant value for customers, partners and your organization. Innovations include concepts, processes, products and services. Entrepreneurship is all about putting innovation to...

The Innovation Conundrum

As business leaders, we seek growth and competitive advantage. Innovation is a key lever to help us get there. Unfortunately, I often hear executives frame it this way: “We need more innovation across the organization. And, of course, failure is not an option.” There is a conflict inherent in that statement. The more innovation these...

Mark Coopersmith Executive Education

Top 10 Traits of Successful Entrepreneurs

For more than a decade, I have maintained a list of the top 10 traits that define the mindset of successful entrepreneurs: How they think, how they are wired, where they set priorities.  Here it is: Bias to action: Every strategy and plan is merely a set of hypotheses until put into action, and that’s what...

Winners and Losers in the Age of Automation by Mark Coopersmith

Winners and Losers in the Age of Automation (Video)

The so-called Fourth Industrial Revolution is upon us. Computers make decisions on their own and their logic now evolves and improves without human intervention. Robots operate independently. Our homes and cars and cities are increasingly connected and automated. The definition of “reality” blurs when we add the suffixes “virtual” or ‘augmented.” If you think technology-driven...

Innovation and Entrepreneurship in… Austria

It doesn’t matter where you are, or whether you are in the private or public sector, around the world it seems everyone wants to drive more innovation and more entrepreneurial activity. I see this every day in the classes I teach at UC Berkeley, the executive programs I run, and the talks and advisory work I do globally. Which...

Donald Trump Portrait for Mark Coopersmith's Blog

“The Trump Effect” and Impacts on Innovation and Entrepreneurship

Whatever your political orientation or where you are in the world, 2017 in the USA has certainly gotten off to a most interesting start. Since the election of Donald Trump, almost every executive, entrepreneur, official and policy group I’ve met with has asked my view on the business and economic implications of the new administration....

Mark Coopersmith Interview at Haas 2016

How Innovative Leaders Operate With a Startup Mindset (video)

I recently sat down with our Thought Leadership team at Haas and discussed the concept – and state of being – of having an entrepreneurial mindset.  What does that mean for entrepreneurs, as well as leaders inside large enterprises who are seeking to drive innovation, growth and change?  How do these types of leaders think...

My WSJ “C-Suite Strategies” article how great CEOs drive innovation and growth

The Wall Street Journal recently published an article I wrote with my UC Berkeley and Princeton colleague John Danner.  The article is entitled: “How Not to Flunk at Failure” and builds on the work we did for our recent book: “The Other “F” Word: How Smart Leaders, Teams and Entrepreneurs Put Failure to Work” The...