I.B.M. Looks to Genetics to Map a New Business IBM now has 150 PhDs on their life sciences division staff, and they’re not computer jocks. Big Blue jumped into life science about 5 or 6 years ago. They know that life science–from research to medicine to perhaps personal health care–will be one of biggest phenomena and most lucrative markets of ...
Read More »Focusing the Innovation Process
“Leading-edge innovators have learned that, rather than generating lots of ideas, they can derive more benefit from a targeted event driven process that will enable them to capture the best ideas related to an specific issue” “Targeted and bounded programs produce better results than open-ended idea collection systems” “A seeming paradox of innovation is that most useful ideas originate from ...
Read More »The fast weblog
Fast Company Now You management mavens may want to check-out Fast Company’s weblog. It’s a pretty good example of blogging for exchange of information (although FC has been called “pornography for middle-managers”: tantalizing fantasies of non-hierarchical management, entrepreneurial employees, and lightning-fast innovation–things that never seem to come true in real organizational life).
Read More »Bureaucratic waste and health care
A study published in the New England Journal of Medicine prepared by a Harvard researchers and the Canadian Inst. for Health Info. says that $.31 of every $1 for health care in the US goes for administrative costs, nearly twice that of Canada. Some $.17 goes for insurance company underwriting and advertising. The punch line seems to be: Researchers who ...
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