Silicon Valley – My Graceland Elvis fans have Graceland. Michael Jackson fans have Neverland. IT-geeks have Silicon Valley. Next week I’m going to Silicon Valley, California and it is my Graceland. Since my teenage years I’ve been fascinated by Silicon Valley. All the new exciting computer and electronics stuff came from there,...

43% of Danish companies are innovative 43% of Danish companies are innovative Last week I read in the Danish business newspaper ErhvervsBladet that 43% of all Danish companies were innovative in the years 2005 to 2007 – according to Statistics Denmark. Statistics Denmark considered a company to be innovative if it had introduced new or...

Can innovation be people-independent? For decades we have heard business consultants tell us that people are the most valuable resource in the company. Well, I would like to challenge that statement seen from an innovation perspective. Don’t get me wrong – I do recognize the importance of creative, hardworking people. But can a company...

Innovation: Internal & External Companies, products, services etc. does in my opinion not have to be rocket science, advanced technology or something like that to be innovative. Let’s look at my definition of innovation, which is the quote of Peter Drucker: “Change that creates a new dimension of performance”. If you agree with...

The Swedish Affair: Volvo & SAAB Swedish car makers Volvo and SAAB are having difficulties. Volvo because of its owner Ford is in difficulties and SAAB because they can’t make money and their owner GM has cut the financial cord. SAAB is now under a formal restructuring and haves three months to come up with a plan for the future....

The Scandinavian Advantage Scandinavian companies are successful on the American market. Brands like Volvo, Ikea, Bang & Olufsen, Nokia, Danfoss, Vestas, Novo and Lego are well-known in the US. Why do these and more Scandinavian companies have a chance on the American market, where the financial resources for research, the...

The stakeholders What is the first step for getting an innovative product approved for market launch? To get the management  to green flag the project. So before the new innovative product hits the store shelfes, you have to sell the idea to the management - the company’s key stakeholders. Some years ago I worked...

Innovation Blog: My definition First of all welcome to my new blog! I will use this blog to discuss innovation, which is one of my greatest interests. To get startet I would like to give you my difinition of the word innovation. If you browse the web you will see a lot of definitions of the term innovation. The definition I like to...