Innovation: Build it, borrow it, or buy it. Just don’t forget it.

Innovation: Build it, borrow it, or buy it. Just don’t forget it.

Disruptive innovation is top of mind for business leaders these days, and with good reason. Disruption is finding its way into every business sector. And in this environment of fast-evolving technology, it can happen quickly, leaving an organization’s primary revenue stream ripe for the taking. (Remember what Netflix did to Blockbuster?) Some organizations are aiming to be the change...

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National Energy Policy: What Might We Expect with a Changing Administration?

National Energy Policy: What Might We Expect with a Changing Administration?

With a change in administration in Washington, and a Republican in the White House, and the same party controlling Congress, one might expect drastic changes in federal energy policy. However, let’s look at the facts. States are leading the energy debate, by pursuing their own aggressive strategies to promote clean and distributed energy resource use and encouraging policies to support a...

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In the “Buy vs. Build” world of Pharma, Does Lab Productivity Still Matter?

In the “Buy vs. Build” world of Pharma, Does Lab Productivity Still Matter?

The cost of developing new drugs averages about $500,000 a day over 12 to 14 years (~$2.5B average cost per new drug). This high development spend has not translated into a meaningful number of additional new medical entities approved by the FDA (about ~35 per year). High development costs and thin pipelines have led many companies to shift towards a strategy of acquiring new drugs by...

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Driving Innovation through Technology

Driving Innovation through Technology

The first topic we’ll cover in our Deep Tech Blend series is all about innovation. If you are a CEO, COO, CIO or CTO of any technology-enabled organization, or influence the decisions made by those titles, this will resonate with you. Speed is critical in the digital economy and business disrupters are ever present.…

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How Competitive is Washington State in the Innovation Economy?

As the director of West Monroe’s Seattle office, I was very interested to read The Technology Alliance’s assessment of the health of the local technology economy in their recently published report, “Benchmarking Washington’s Innovation Economy.” The report analyzes how Washington State’s technology sector performed in 2014 compared to 11 peer states with technology-intensive economies under...

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Predicting the Future: What an Engineer from the 1900s Can Teach Us About Customer Experience Today

In the early 1900s, a gentleman by the name of John Elfreth Watkins Jr. penned an article for Ladies’ Home Journal, titled “What May Happen in the Next Hundred Years”.  As a civil engineer working for American railroads at the dawn of a new century, it was fitting that Watkins would take an interest in the technological advances that might shape America’s productivity landscape.…

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What Can Healthcare Learn From Other Industries’ Best Practices?

Many industries have suffered the pain of transformational change. In doing so, they provide insight into how to effectively overcome a variety of obstacles. If the healthcare industry can leverage the experience of others’ past failures, their own transformation will be accelerated.  In recent years, stories about healthcare often portray the industry in a negative light, including the...

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Whose responsibility is sustainability?

When thinking about applying sustainable concepts across industries, I find myself wondering who is responsible for implementing changes to make sustainability the “new norm.” Is it the individual, the corporation or the government that should drive changes to our fundamental operations so that more than economics are considered when making decisions?…

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Money for Nothing – I want my ATM

It may come as a surprise to learn that the vast majority of the world’s ATMs run on Windows XP. However, by now many people are aware that on April 8th 75% of the nation’s ATM machines will be running on an operating system that is no longer maintained by its creator.…

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222 W. Adams
Chicago, IL 60606
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