I read with interest Business Week entitled why CEO's don't get innovation by Stefan Lindegaard another innovation speaker, network facilitator, and adviser on open innovation and intrapreneurship. He runs all the usual arguments about the inability of organisations to innovate, the spurious argument that leaders now emerging with MBAs are the first with innovation subjects in their degrees (that stat certainly doesn't stack up with our research which is telling us globally universities are failing badly with MBAs, most of whom don't have innovation in their programmes anyway) and summarises with this meaningless statement

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I don' think I have ever seen a better visualization of leadership. This is genuinely worth offering as an introduction to any leadership workshop you might want to run.It is funny, memorable, down right inspiring and humbling.

Earlier this year, Harbir Singh, Wharton’s vice-dean for Global Initiatives, launched a series of trips to foreign countries as a way for faculty to gain a deeper understanding of international economies and then use this knowledge in their teaching and research. Six professors recently visited the Chinese cities of Beijing, Shanghai and Shenzhen, and met with executives from Lenovo, Haier and Huawei, among other companies. Knowledge@Wharton asked three of the participants – Singh, management professor Saikat Chaudhuri and health care management professor Lawton R. Burns – to share insights from their trip. Below is an edited transcript of the conversation.

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The innovation industry took a hit this year, as executives dialed back on initiatives—and paid the price. But some encouraging trends also emerged In 2009 the world was no longer flat; much of it was flat broke. Deflated by slumping sales and income, companies roundly did what innovation consultants say they never should—they cut spending on research and development. The U.S. drug industry, historically one of the most lavish spenders on research and development, announced the elimination of a record 69,000 jobs this year, up 60% from 2008. At many companies, quick hits and line extensions replaced more costly, though potentially more rewarding, investments in game-changing inventions.

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I came across Business Model Generation courtesy of those I am following on Twitter and it looks to offer some new thinking around business model innovation. Here is their preamble. Synopsis Disruptive new business models are emblematic of our generation. Yet they remain poorly understood, even as they transform competitive landscapes across industries. Business Model Generation offers you powerful, simple, tested tools for understanding, designing, reworking, and implementing business models. Business Model Generation is a practical, inspiring handbook for anyone striving to improve a business model — or craft a new one.

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