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Welcome to the New Lantern blog. Our goal is to shine light on leading innovators and creative artists, and how your business can learn and profit from them. Companies large, medium, and small can benefit from employees who think more creatively. New Lantern may be just the source of inspiration your company needs to spark more innovative products, services, and processes.


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Archive for Tag 'business'

Keeping Your Cool

Posted by Arezu Ingle on June 29, 2010 at 7:53 pm

I unfortunately had to spend most of the month in Washington, DC suffering through the hottest June on record. Washington has had 18 days over 90 degrees this month with lots of humidity to boot, resulting in heat indices well over 100 degrees. And the few days of the month I was in New York, it wasn’t much better.

While the global warming theory appears to have lost some of its steam of late, if June 2010 in DC is any indication, then the planet is in for a heap of trouble. Where’s Al Gore when you need him? (Answer: He’s preoccupied with his divorce and other tabloid rumors.)

Maybe there’s a silver lining with all this heat.

As long as it’s this hot, many of us will choose to stay indoors – in the cool of our office buildings — and not on the golf course, the tennis court, or at the baseball game. And as long as we’re in our offices, we might as well spend part of that time thinking about how our respective businesses can be more productive and innovative during the second half of the year.

So use this time wisely. Pull together your management team, challenge them to take a fresh look at the next six months, and come up with a game plan that could move the dial in each business and function across your organization.

Better yet, treat your team to an inspiring offsite meeting or innovation workshop, in a nice air-conditioned space, where thought-provoking speakers and thought-enhancing surroundings might spur more creative thinking.

That sounds like a pretty cool idea to me.

Heeding the Call on Energy Security

Posted by Arezu Ingle on June 15, 2010 at 7:21 pm

A small group of corporate heavy-hitters has come together to sound the alarm for increased spending and focus on energy research and innovation in the U.S. (New York Times, June 10, 2010).

Seven of the country’s most respected business leaders have formed the American Energy Innovation Council, including luminaries such as General Electric CEO, Jeff Immelt, and Microsoft Chairman, Bill Gates. Their message: the U.S. Government needs to “triple investments in clean-energy technologies to boost the nation’s economic competitiveness and protect the environment.”

We’ve heard similar calls for action on clean-energy investment in recent years from a variety of voices from business and academia. What makes last week’s announcement unique, however, is the coming together of major corporate leaders from disparate sectors around a common “business plan.” And the fact that it was announced against the backdrop of our nation’s worst oil spill in history adds further to the uniqueness of the moment.

The plan calls for a tripling in clean-tech funding in nuclear fission, solar, wind and fossil fuels. It also proposes the formation of an independent energy strategy board, which would develop an energy plan and oversee large-scale demonstration projects as part of the “New Energy Challenge Program.”

The Council recommends a $20 billion commitment over 10 years for the Challenge Program, which would “unleash significant private sector resources as projects are developed.” Additionally, it suggests that the Federal Government create Centers of Excellence to “foster multidisciplinary collaboration amongst scientists, universities, federal laboratories, and other public and private institutions.”

In addition to Immelt and Gates, the Council also includes: Chad Holliday, Chairman of Bank of America (and former CEO of DuPont); Ursula Burns, Chairman and CEO of Xerox; Norm Augustine, Chairman of Lockheed Martin; Tim Solso, Chairman and CEO of Cummins Inc.; and John Doerr, a leading energy venture capitalist and partner at Kleiner Perkins Caufield and Byers.

The group clearly faces some stout headwinds in making the case to Congress and the Obama Administration to spend more federal money on energy research at a time of unprecedented budget deficits. Yet, we know that the barking dog is usually the one who gets fed first. And when you have seven notable best-in-breed barkers, it’s hard not to at least give the group and their plan a serious look.

At a time when the public is less inclined to believe our corporate leaders, I am ready to take these leaders at their word. They know the path to energy security will be long, and as Jeff Immelt puts it, “the world is not going to wait for the United States to lead. This is about innovation; this is about competition; this is about energy security.”

I hope someone listens and heeds the call.

The Freedom to Succeed and to Fail

Posted by Arezu Ingle on May 31, 2010 at 11:06 am

Today we all should take a moment to remember the tens of thousands of military men and women who died fighting for our country.

Memorial Day comes only once a year, but the freedoms we enjoy as a result of the ultimate sacrifice of others are with us every day.

Our country was founded on the principles of freedom as affirmed in the First Amendment to the United States Constitution, which provides for five freedoms: religion, speech, press, to peaceably assemble, and to petition the government.

America is also home to the world’s best free enterprise system, which continues to serve as a beacon to those who want to take an idea and a dream and start a business. Our history books are replete with stories of individuals from every walk of life, from every corner of this country and the globe, who started businesses in the U.S. and took them to soaring heights and sometimes back again.

It is our freedom to both succeed and to fail in business that has long been the hallmark of our country’s strength and its economic might. And as long as we are able to preserve these important principles, we will continue to be a great and prosperous nation.

So a tip of the hat to those who made all this possible — our fallen soldiers, and to the families and friends they left behind.

A Beautiful Relationship at the Corcoran

Posted by Arezu Ingle on May 18, 2010 at 9:10 pm

Ceramic Tile Art cropped ps 300x300 A Beautiful Relationship at the Corcoran

The Corcoran College of Art + Design is Washington’s only four-year accredited institution for education in the arts.

Situated only a block away from The White House in its renowned turn-of-the-century Beaux-Arts building, the Corcoran Gallery of Art has long been an integral part of our nation’s capital. When it was founded in 1869, the 18th President of the United States, Ulysses S. Grant, occupied the White House.

When the Gallery first opened its doors in 1874, “art students immediately flocked to the museum to observe, sketch, and paint copies of the collections famous works,” according to the Corcoran’s website.

The Gallery’s founder, William Wilson Corcoran, made sure that art education was central to the work of Gallery and donated additional funding that was ultimately used to open the Corcoran School of Art in 1890, two years after his death. The school has been known by its current name since 1999.

Today, more than 600 students at the Corcoran College of Art + Design pursue a wide range of Associate, Bachelor, and Master degree programs in the visual arts. The College also offers part-time credit and non-credit classes for adults and teens through its Continuing Education department. I know this first-hand. I’ve taken several drawing classes at the Corcoran in the past, and am currently enrolled in a ceramic tile-making class.

My class meets once a week for a three-hour session on Wednesday nights. Sure, it makes for a long day, but it is worth it. I’m learning a new craft. I’m using new mental and creative muscles. And I’m getting a hands-on appreciation for the timeless art of tile-making, which has changed little over the last several hundred years.

Most important, with each tedious step of the tile-making process, I am re-affirming what I already knew: there are no short-cuts to success in the creative arts. You learn by doing and do by learning.

The same can be said for success in business. Executives and managers must constantly challenge their employees through creative training programs that excite new thinking. In turn, employees must be willing to use new muscles, and put them to work through practice and application.

Marrying business and education — like marrying art and education – will make for a beautiful relationship and lead to many happy returns.

Get More Out of Your Corporate Events

Posted by Arezu Ingle on January 5, 2010 at 9:04 pm

Chances are your company will host a number of off-site or on-site meetings in 2010 aimed at driving corporate strategy development and execution; employee, manager, or executive training and development; or engagement with customers, partners or other individuals important to your business.

If this is the case, chances are also high that you’re not getting as much from these meetings or events as you could be. You probably continue to use the same meeting template year after year, and put it in the category, “if it ain’t broke, don’t fix it.”

It may not be “broke,” but ask yourself this question: Are your investments in these activities costing you more than they are giving back?

It’s time for some fresh thinking and a new template when it comes to your important corporate events and meetings. Attendees and participants should be provoked, engaged, challenged, and inspired. They should be exposed to leaders in their fields, as well as other high-value leaders and innovators. And, they should be put into environments and frames of mind that truly promote development and innovation.

For example, how about a quarterly “innovation” or “strategy” off-site meeting for 40 of your most promising mid-level managers from across the company? Host it in an offbeat and creative setting. Build the agenda around a relevant topic for your business. Bring in one or two inspiring thought leaders. Create some break-out group competition to drive meaningful meeting takeaways. Spotlight the best ideas. Top it off with an imaginative social component.

Create buzz around these events within your company so that other employees will want to attend future off-sites. This alone will give rise to higher personal performance, not to mention the idea generation that comes from the events themselves.

This is only one example. There’s many more where this came from. Let New Lantern help you get the most out of your corporate meetings and events in 2010.

Building Corporate Muscle with Flex Time

Posted by Arezu Ingle on December 13, 2009 at 9:58 pm

In today’s New York Times, economist and author Sylvia Ann Hewlett discusses the merits of flex time for both corporations and employees in the article, “Making Flex Time a Win-Win.” Much like my two-part blog post earlier this year that touted the benefits to your business of implementing a telework program, flex time too can be a powerful catalyst for increasing employee morale and productivity.

Hewlett points out that flex time is a win-win in today’s economy since many workers will be happy to take less pay if their managers give them a more flexible work schedule. So not only could employers save money by embracing a flex time program, they could also get more out of their employees.

Flex time can come in a number of forms. For example, it may mean working four days a week for a total of 32 hours, and receiving 80% of the pay. Women are particularly attracted to flex time as Hewlett notes, since they are increasingly out-earning their husbands, while still facing domestic duties at home (e.g., as a mother).

A successful female employee and mother typically faces the dilemma of either quitting her job or living with the guilt of not spending more time with her kids at home while they are young. If the mother decides to leave her job, then the company loses out on the talent and investment in that employee. Flex time can potentially keep her at work, contributing to the company’s success, while possibly helping the company save money at the same time.

Ms. Hewlett is the founding president of the Center for Work-Life Policy, author of nine non-fiction books on business, and winner of the Robert F. Kennedy Book Prize. She has taught at Cambridge, Columbia, and Princeton.

Her latest book, Top Talent: Keeping Performance Up When Business is Down,” was released in October. Jeffrey Kindler, Chairman and CEO of Pfizer: “The right book at the right time. With skill and conviction, Hewlett provides new insight into motivating your top performers during tough times and preparing your organization for renewed innovation and growth.”

As we have discussed here in numerous blog posts over the last year, tough times are exactly when your company should invest in its best performers and mine all the talent your employees have to offer. This investment can come in the form of enhanced incentive rewards programs, imaginative leadership training, and other innovative programs to spur creative thinking and performance.

It will require a management team who is willing to embrace change, e.g., how and when employees work — in short, a team willing to flex different muscles. I’m guessing you’ll like how the results will look on you and your company.