Probably the biggest tension you will have between you, your team and your boss is scheduling. Scheduling innovation can be tricky because how do you schedule something that has never been done before. It is always a sore spot since management wants it done yesterday, your team … [Read more...]
Business Deals Take Time
One thing I have noticed about engineers and scientists is that they can't wrap their head around why business deals take so much time to close. I guess the believe is that if both parties want to do the deal, then it just gets done. That rarely happens. Doing any kind of deal is … [Read more...]
Take Your Time But Hurry Up
Research and Development (R&D) is an endurance event. It is not a sprint. Innovation does takes time but cannot take so much time as to miss market windows. You need to pace yourself and your team. This is the only way to ensure consistent results. The common trap of we can … [Read more...]
Tell The Whole Truth
By the nature of their training, most engineers and scientists focus on the problems they are solving, not ones they have solved. One of the reasons this occurs stems from the scientific method, which most engineers and scientists are taught in school. The scientific method … [Read more...]
Two Quarters Out Mentality
Corporate America has a problem. The short term focus on beating the street by a penny has created a culture where most large companies only focus on the next two quarters out. No thought is put into longer term plans. The majority of the effort is put into meeting short term … [Read more...]