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	<title>New Lantern &#187; risk-taking</title>
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	<link>http://newlantern.com</link>
	<description>business innovation, art and design</description>
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		<title>Find Your Creative Place</title>
		<link>http://newlantern.com/innovation-economy/find-your-creative-place-2/</link>
		<comments>http://newlantern.com/innovation-economy/find-your-creative-place-2/#comments</comments>
		<pubDate>Sat, 31 Mar 2012 00:47:06 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[designers]]></category>
		<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[challenge]]></category>
		<category><![CDATA[creative]]></category>
		<category><![CDATA[innovative]]></category>
		<category><![CDATA[inspired]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[passion]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[risk-taking]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=5890</guid>
		<description><![CDATA[Do you have a creative place? It’s the place where you feel you are at your most creative and productive. It may be a bench in your favorite park, a special nook or room in your house or spot in your yard, a quiet desk at a library, a small bistro table in a busy Starbucks, or a spot at work where no one can interrupt you...]]></description>
			<content:encoded><![CDATA[<p>Do you have a creative place? It’s the place where you feel you are at your most creative and productive. It may be a bench in your favorite park, a special nook or room in your house or spot in your yard, a quiet desk at a library, a small bistro table in a busy <a href="http://starbucks.com" target="_blank">Starbucks</a>, or a spot at work where no one can interrupt you.</p>
<p>Frankly, your creative place may not be a physical location. It could be a particular state of mind. It could be a certain mood, time of day, or the type of music that you are listening to at the time. It could be something you do such as driving or walking. Or it could be any combination of the above.</p>
<p>Every employee has at least one place that focuses the mind and puts them in a more inspired state. Not a state that will necessarily lead to a nuclear fusion breakthrough, or the next generation of computer chip. But it could be a state that helps them think through a more creative presentation, design a more environmentally-friendly container, improve the profitability of a company service offering, or find a more efficient way to process expense reports.</p>
<p>A company’s challenge is to help find those places for employees where they can be more innovative. Most companies insist that employees produce results in sterile environments under rigid conditions. Ask yourself this question: if you were using your own money to fund a composer to come up with a great score for your next blockbuster movie, would you insist that he or she do it between 9 to 5 on a Tuesday in the small conference room down the hall? I don’t think so.</p>
<p>I realize that organizations may not have the flexibility or the resources to put their employees into their <em>most</em> creative physical spaces. But with a little bit of ingenuity, leadership, and guts to try something different, they could clearly get employees to a <em>better</em> place or frame of mind.</p>
<p>Let <a href="http://newlantern.com/services/" target="_blank">New Lantern</a> help your company find its creative place. It could be the beginning of a more beautiful and productive relationship between you and your employees.</p>
<p><em>(Back by popular demand, the above posting appeared originally in April 2009.)</em></p>
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		<title>Remembering a Lively Red Bull</title>
		<link>http://newlantern.com/innovation-economy/remembering-a-lively-red-bull/</link>
		<comments>http://newlantern.com/innovation-economy/remembering-a-lively-red-bull/#comments</comments>
		<pubDate>Fri, 23 Mar 2012 03:06:24 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[brand]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[risk-taking]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5839</guid>
		<description><![CDATA[The Red Bull energy drink founder, Chaleo Yoovidhya, died last week in Bangkok at the age of 89.Chaleo was worth $5 billion according to Bloomberg, which made him the third richest man in Thailand. Chaleo was born to a poor Chinese immigrant family in northern Thailand in 1923...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2012/03/Red-Bull-Founder-Chaleo-Yoovidhya-1923-2012.jpg"><img class="alignnone size-medium wp-image-5854" style="margin-left: 7px; margin-right: 7px;" title="Red Bull Founder, Chaleo Yoovidhya (1923-2012)" src="http://newlantern.com/wp-content/uploads/2012/03/Red-Bull-Founder-Chaleo-Yoovidhya-1923-2012-225x300.jpg" alt="Red Bull Founder Chaleo Yoovidhya 1923 2012 225x300 Remembering a Lively Red Bull" width="225" height="300" /></a></p>
<p>The <a href="http://www.redbull.com/cs/Satellite/en_INT/Red-Bull.com/001242745950125" target="_blank">Red Bull</a> energy drink founder, <a href="http://en.wikipedia.org/wiki/Chaleo_Yoovidhya" target="_blank">Chaleo Yoovidhya</a>, died last week in Bangkok at the age of 89. Chaleo was worth $5 billion according to <a href="http://www.bloomberg.com/news/2012-03-19/chaleo-red-bull-co-founder-and-thailand-s-3rd-richest-man-dies.html" target="_blank">Bloomberg</a>, which made him the third richest man in Thailand.</p>
<p>Chaleo was born to a poor Chinese immigrant family in northern Thailand in 1923, and was a duck farmer early in his career before importing antibiotics and other pharmaceuticals, as reported by <a href="http://www.time.com/time/world/article/0,8599,2109386,00.html" target="_blank">Time</a>.</p>
<p>In 1962, Chaleo developed a highly caffeinated, sugary, non-carbonated drink, which he named Krating Daeng, meaning “red bull” in Thai. He targeted working class Thai consumers in an effort to build “the brand to convey strength and power.”</p>
<p>Red Bull soon became very popular in Thailand as the sleep-deprived began purchasing the high energy drink on a regular basis, including farmers, truck and taxi drivers, and factory workers.</p>
<p>Then in 1982, an Austrian toothpaste salesman, Deitrich Mateschitz, was traveling in Thailand and tried Chaleo’s drink and found that it cured his jet lag. Two years later, Mateschitz approached Chaleo and suggested that he carbonate the beverage and market it worldwide. The two men formed a 49-49 partnership with two percent of the company owned by his son.</p>
<p>And the rest is Red Bull history as they say.</p>
<p>Red Bull’s success spawned an entire high-caffeine energy industry. Over the years, numerous competitors have tried to emulate the Austrian-based Red Bull energy drink king, but none has quite measured up. Last year, Red Bull sold 4.6 billion cans – up 11 percent from the previous year. The Austrian-based company employs 8,000 worldwide.</p>
<p>Chaleo’s business empire included a pharmaceutical company, a hospital chain, a winery in Thailand and two international soccer teams: the New York Red Bulls and the Red Bulls Salzburg in Austria.</p>
<p>Throughout his career Chaleo was always friendly and kept a low-profile, preferring to let Mateschitz serve as the company’s more showy executive. His son Sarawut described his father as “lively and happy,” content with his work, and someone who “valued honesty and credibility.”</p>
<p>These ingredients are as important to one’s success as they are for building a global brand-leading energy drink. We all would be wise to follow the lead of this Thai business entrepreneur. And that’s <a href="http://newlantern.com/services" target="_blank">no bull</a>.</p>
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		<title>The Gift of Inconvenience</title>
		<link>http://newlantern.com/innovation-economy/the-gift-of-inconvenience/</link>
		<comments>http://newlantern.com/innovation-economy/the-gift-of-inconvenience/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 00:00:35 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[customers]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=5558</guid>
		<description><![CDATA[If you’re like me, you’re still finding gift cards that you received last Christmas, but never used...]]></description>
			<content:encoded><![CDATA[<p>If you’re like me, you’re still finding gift cards that you received last Christmas, but never used.</p>
<p>Oh joy, with Christmas 2011 only 11 days away, we’ll soon be starting the gift card mania all over again.</p>
<p>Try going to any store these days without being inundated by gift cards from scores of retailers. The supermarket. The drugstore. The office supply store. Even the <a href="http://www.7-eleven.com/" target="_blank">7-Eleven</a> down the street has umpteen variety of gift cards. I guess that’s why we call them convenience stores. But is there such a thing as too much convenience?</p>
<p>Standing in the checkout line of any of these stores, you can find yourself an arms-length away from any number of brightly colored gift cards from places like <a href="http://www.barnesandnoble.com/" target="_blank">Barnes and Noble</a>, <a href="http://applebees.com/" target="_blank">Applebee’s</a>, <a href="http://bestbuy.com" target="_blank">Best Buy</a>, and <a href="http://bassproshops.com" target="_blank">Bass Pro Shops</a>. Hey, don’t snicker. Bass fisher men and women need a little love during the holidays too.</p>
<p>What happened to the good old days when you had to actually go to an individual store to purchase that store’s gift card, or God forbid, purchase a gift itself? And try giving someone a $50 <a href="http://americanexpress.com" target="_blank">American Express</a> Gift Certificate these days, redeemable like a traveler’s check. They came in matching gold-colored envelopes and made a great Christmas or graduation gift. Nowadays, you might as well try giving someone a rotary dial phone.</p>
<p>I must admit that I too find it hard to resist buying a gift card or two each year for that special someone &#8212; or not so special. It’s easy, and requires little thought or planning. Isn’t that the American way?</p>
<p>Let’s try something bold and new this holiday season. Physically go to a store and actually buy a real gift for that friend or loved one. And pay extra to get it wrapped by a human being.</p>
<p>In fact, make it a point this year to demonstrate a little inconvenience. Go out of your way. And do the same with your customers and clients. You’ll enjoy the results and the <a href="http://newlantern.com/services" target="_blank">good cheer</a> it will bring.</p>
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		<title>Remembering America&#8217;s Chief Innovator</title>
		<link>http://newlantern.com/innovation-economy/remembering-americas-chief-innovator/</link>
		<comments>http://newlantern.com/innovation-economy/remembering-americas-chief-innovator/#comments</comments>
		<pubDate>Sat, 08 Oct 2011 22:54:44 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[design]]></category>
		<category><![CDATA[designers]]></category>
		<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[business]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=5184</guid>
		<description><![CDATA[It's hard to add to what has already been said from so many corners of the globe about the enormous contributions of Steven Paul Jobs to the fields of technology, movies, music, telecommunications, and design itself. But I do feel compelled to say something about Mr. Jobs. We just lost our country's Chief Innovator...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/10/Steve-Jobs-1955-2011.png"><img class="alignnone size-medium wp-image-5204" title="Steve Jobs 1955-2011" src="http://newlantern.com/wp-content/uploads/2011/10/Steve-Jobs-1955-2011-300x200.png" alt="Steve Jobs 1955 2011 300x200 Remembering Americas Chief Innovator" width="300" height="200" /></a></p>
<p>It&#8217;s hard to add to what has already been said from so many corners of the globe about the enormous contributions of <a href="http://en.wikipedia.org/wiki/Steve_jobs" target="_blank">Steven Paul Jobs</a> to the fields of technology, movies, music, telecommunications, and design itself. But I do feel compelled to say something about Mr. Jobs. We just lost our country&#8217;s Chief Innovator.</p>
<p>Steve Jobs was a once-in-a-generation visionary who demonstrated a unique blend of design, business, and marketing savvy. He took a quirky, irrelevant computer company named after a fruit, which he co-founded in the 1970s, and turned it into a global business powerhouse boasting the largest market cap of any other company on the planet  – equaled only by Exxon Mobil.</p>
<p>The last decade, in particular, has been truly impressive as Jobs led <a href="http://www.apple.com/" target="_blank">Apple</a> as it redefined the music industry via the iPod, wireless communication via the iPhone, and more recently, the computer itself via the iPad.</p>
<p>Jobs didn’t always get it right. In 1985, after being fired by Apple, he started the NeXT computer company. NeXT folded in 1996 after shipping only 50,000 units, but its high performance personal computers impressed many, including Apple, which re-hired Jobs in 1997.</p>
<p>Most important, Jobs learned from his mistakes and he wasn’t afraid to make them. At every turn in his career, he ignored traditional business school dogma, and chose to take a different path – always guided by what he felt the consumer wanted.</p>
<p>Jobs concluded that consumers would be willing to pay more for a product if it was well-designed and simple to use.  He was right, and Apple and its shareholders have benefited handsomely.</p>
<p>Business schools will be studying the “Jobs Effect” and his hyper-successful business methods for years to come, and rightfully so.</p>
<p>At some point, there will be another Steve Jobs. He or she will also achieve success by eschewing the safe path. And most likely, he or she too will succeed as a result of a keen focus on <a href="http://newlantern.com/services/innovation-program-design/" target="_blank">innovation</a>, <a href="http://newlantern.com/services/introduction-to-creative-artists-and-innovators/" target="_blank">smart design</a>, and <a href="http://newlantern.com/services" target="_blank">creative business approaches</a>.</p>
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		<title>Remembering Another Freud</title>
		<link>http://newlantern.com/artists/remembering-another-freud/</link>
		<comments>http://newlantern.com/artists/remembering-another-freud/#comments</comments>
		<pubDate>Sat, 30 Jul 2011 00:17:40 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[artists]]></category>
		<category><![CDATA[art]]></category>
		<category><![CDATA[artist]]></category>
		<category><![CDATA[creative]]></category>
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		<description><![CDATA[British painter and portrait artist Lucian Michael Freud died last week in London at the age of 88. Not as famous as his grandfather, Sigmund Freud...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/08/lucian_freud_self_portrait.jpg"><img class="alignnone size-medium wp-image-4984" style="margin-left: 8px;" title="lucian_freud_self_portrait" src="http://newlantern.com/wp-content/uploads/2011/08/lucian_freud_self_portrait-206x300.jpg" alt="lucian freud self portrait 206x300 Remembering Another Freud" width="206" height="300" /></a></p>
<p>British painter and portrait artist <a href="http://en.wikipedia.org/wiki/Lucian_Freud" target="_blank">Lucian Michael Freud</a> died last week in London at the age of 88.</p>
<p>Not as famous as his grandfather, <a href="http://en.wikipedia.org/wiki/Sigmund_Freud" target="_blank">Sigmund Freud</a>, Lucian was well-known nonetheless in the world of art for his “stark and revealing paintings of friends and intimates,” according to the <a href="http://www.nytimes.com/2011/07/22/arts/lucian-freud-adept-portraiture-artist-dies-at-88.html?pagewanted=1&amp;_r=2" target="_blank"><i>New York Times</i></a>.</p>
<p>Lucian Freud was born in Berlin on December 8, 1922 to Sigmund Freud’s youngest son, Ernst Ludwig Freud, who was an Austrian architect. Lucian’s mother, Lucie née Brasch, was German. As both parents were Jewish, the Freuds moved their family to the <a href="http://en.wikipedia.org/wiki/St_John%27s_Wood" target="_blank">St. John’s Wood</a> district of London in 1933 to escape Nazi Germany.</p>
<p>I know St. John’s Wood well and have walked down many of its streets given my grandfather lived in that district for many years. I also know the work of Lucian Freud and have always respected it for its thought-provoking nature. His earlier Surrealism works gave way to bluntly-presented nude portraitures by the 1950s, which served to shock the senses. For example, his “Naked Man with Rat” (1977-1978) depicted a man lying on a couch holding a sleeping rat.</p>
<p>The central figures of Freud’s paintings many times appear tired, aged, and distressed – which has unnerved some observers over the years, particularly in the United States. Yet, no matter what one thinks of Freud’s work, there is an undisputed market for it. In May 2008, his 1995 portrait “Benefits Supervisor Sleeping” sold at auction by <a href="http://christies.com/" target="_blank">Christie&#8217;s</a> in New York City for $33.6 million, which set a record for sale value of a painting by a living artist.</p>
<p><a href="http://newlantern.com/services" target="_blank">Conformity is the enemy to both the artist and the innovator</a>. Corporations are generally expert at promoting conformity, but seldom proficient in providing for a culture that promotes creative thought and action. And they do so at their peril.</p>
<p>The next time you find yourself trying to conform, ask this question: “What would Freud do?” No, not the father of psychoanalysis, but his grandson.</p>
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		<title>To the Moon and Back</title>
		<link>http://newlantern.com/innovation-economy/to-the-moon-and-back/</link>
		<comments>http://newlantern.com/innovation-economy/to-the-moon-and-back/#comments</comments>
		<pubDate>Fri, 08 Jul 2011 00:46:27 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[challenge]]></category>
		<category><![CDATA[competition]]></category>
		<category><![CDATA[creative]]></category>
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		<category><![CDATA[productive]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=4943</guid>
		<description><![CDATA[On May 25, 1961 President John F. Kennedy spoke before a joint session of Congress and laid down a challenge to the country and the U.S. space program: “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the Moon and returning him safely to the Earth.”  ...]]></description>
			<content:encoded><![CDATA[<p>On May 25, 1961 President John F. Kennedy spoke before a joint session of Congress and laid down a challenge to the country and the U.S. space program: “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the Moon and returning him safely to the Earth.”</p>
<p>With these words, the United States marshaled an unprecedented level of innovative and scientific forces to accomplish this seemingly unreachable goal. In doing so, new generations of Americans became interested in science and space. Educators, students, and the American society at large embraced this ambitious goal with a level of enthusiasm not seen before or since this period in history.</p>
<p>And eight years later on July 21, 1969 astronaut <a href="http://en.wikipedia.org/wiki/Neil_Armstrong" target="_blank">Neil Armstrong</a> became the first person to step foot on the Moon.</p>
<p>Undoubtedly, this country’s excitement and focus on science and space in the 1960s helped plant many of the seeds that led to America’s leadership in technology over the next several decades, including the microcomputer, software, and the Internet.</p>
<p>With this week’s 135th and last launch of the <a href="http://en.wikipedia.org/wiki/STS-135" target="_blank">U.S. Space Shuttle</a>, I find myself longing for a new, seemingly unreachable goal that can spark this country’s ingenuity and innovative spirit once more.  Else, I fear that we will continue to slip further behind other countries like China and India, which are turning out four times as many math, engineering, and science graduates as the United States.</p>
<p>Let’s hope our country’s next Moon shot comes sooner rather than later.</p>
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		<title>Dancing With the Inventor Stars</title>
		<link>http://newlantern.com/innovators/dancing-with-the-inventor-stars/</link>
		<comments>http://newlantern.com/innovators/dancing-with-the-inventor-stars/#comments</comments>
		<pubDate>Thu, 30 Jun 2011 17:57:16 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovators]]></category>
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		<description><![CDATA[Inventor and entrepreneur, George C. Ballas, Sr. of Houston, TX, died this past week at the age of 85. You may not know his name, but you know his most popular invention – the Weed Eater...]]></description>
			<content:encoded><![CDATA[<p>Inventor and entrepreneur, <a href="http://hosted.ap.org/dynamic/stories/U/US_OBIT_WEED_EATER_INVENTOR?SITE=PAREA&amp;SECTION=HOME&amp;TEMPLATE=DEFAULT" target="_blank">George C. Ballas, Sr.</a> of Houston, TX, died this past week at the age of 85. You may not know his name, but you know his most popular invention – the Weed Eater.</p>
<p>His weed trimming device helped revolutionize lawn care in the 1970s. Ballas first introduced the product in the early 1970s, and by 1976, “he was selling $40 million worth of them annually,” according to the <i>Associated Press</i>. In 1977, he sold the company to the Emerson Electric Company for an undisclosed amount.</p>
<p>Eager to find a way to more quickly trim his three-acre yard, Ballas got the idea for the Weed Eater while sitting in an automatic car wash as he watched the large rotary bristles clean his car. His first version used wire attached to a popcorn can, which was then rigged to a rotary edger. He then worked with an engineer to substitute monofilament line as the lightweight and inexpensive cutting material. Ballas held several patents on the machine.</p>
<p>George Ballas also invented an adjustable table and marketed an early portable phone, but inventing was not his day job. Ballas was a professional dancer who owned and ran several Arthur Murray and Fred Astaire dance studios in the 1960s. He served as President of Fred Astaire Studios from 1960 to 1964. After getting out the service, he married a dancer instructor, Maria Louis Marulanda, who taught Ballas the tango. The couple later performed together.</p>
<p>His son, Corky Ballas, also became a professional dancer, as well as his grandson, Mark Ballas, who has appeared on seven seasons of &#8220;Dancing With the Stars.&#8221;<br />
Mark Ballas partnered with Bristol Palin in Season 11.</p>
<p>You never know where creativity and ingenuity may come from or where it may take you. How many great ideas, like the Weed Eater, never made it to the production table because of lack of confidence, encouragement, or risk-taking?</p>
<p>The same holds true for <a href="http://newlantern.com/services" target="_blank">creativity and innovation</a> within a company.  Make sure your corporate culture embraces the  George Ballases within your ranks, even when their ideas may not fit neatly in their day jobs.</p>
<p>It could very well lead to a new patent for your company, an improved service, or a new dance move that’s bound to impress the judges (a.k.a. shareholders).</p>
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		<title>The Heart of Innovation</title>
		<link>http://newlantern.com/innovation-economy/the-heart-of-innovation/</link>
		<comments>http://newlantern.com/innovation-economy/the-heart-of-innovation/#comments</comments>
		<pubDate>Sun, 12 Jun 2011 22:22:19 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[competition]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=4896</guid>
		<description><![CDATA[According to Investor’s Business Daily, biomedical company Edwards Lifesciences puts innovation at the heart of its corporate strategy. And Edwards should know something about the heart given it is a leading innovator in heart valve development...]]></description>
			<content:encoded><![CDATA[<p>According to <a href="http://www.investors.com/NewsAndAnalysis/Article/574984/201106101529/Innovation-Pays-Off-At-Edwards-Lifesciences.aspx" target="_blank"><i>Investor’s Business Daily</i></a>, biomedical company <a href="http://www.edwards.com/Pages/Default.aspx" target="_blank">Edwards Lifesciences</a> puts innovation at the heart of its corporate strategy.  And Edwards should know something about the heart given it is a leading innovator in heart valve development.</p>
<p>Key to its success, Irvine, CA-based Edwards Lifesciences has continued to pump resources into research and development in recent years, while “many companies have cut back on R&amp;D due to economic pressures.”</p>
<p>Edwards has gained market share against competitors like Medco Health, Boston Scientific, and St. Jude Medical because of its focus on quality and innovation in the heart valve and vascular market, according to medical technology research analyst, Ben Andrew.</p>
<p><a href="http://www.edwards.com/SharedPages/Pages/OurLeaders.aspx" target="_blank">Mike Mussallem</a>, Edwards’ CEO, also notes that the key to innovation is the willingness to make mistakes.  “What’s important is making mistakes, learning from them and making adjustments.”  The Edwards’ maxim:  “Don’t Blame, Learn.”</p>
<p>Other company managers and executives could learn from this maxim. Employees many times are too timid to try something new for fear of failing, and then being ridiculed and penalized. This type of risk averse/don’t fail corporate culture leads more often to mediocrity, not to <a href="http://newlantern.com/services/" target="_blank">innovative products and services</a>.</p>
<p>Take a page from Edwards Lifesciences, and put learning from your mistakes at the heart of your innovation program. You may not save lives in the process, but you could save your company and put it on a much healthier course toward success.</p>
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		<title>Standing Out in the Crowd</title>
		<link>http://newlantern.com/innovation-economy/standing-out-in-the-crowd/</link>
		<comments>http://newlantern.com/innovation-economy/standing-out-in-the-crowd/#comments</comments>
		<pubDate>Tue, 15 Feb 2011 23:02:13 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[designers]]></category>
		<category><![CDATA[innovation economy]]></category>
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		<category><![CDATA[art]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=4555</guid>
		<description><![CDATA[Several months ago I was in San Francisco and making my way by foot to an appointment in the Financial District. I suddenly found myself at the base of the city’s iconic Transamerica Pyramid building on  Montgomery Street...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/02/Transamerica-Pyramid-higher-res.jpg"><img class="alignnone size-medium wp-image-4580" style="margin-left: 4px; margin-right: 4px;" title="Transamerica Pyramid photo by New Lantern" src="http://newlantern.com/wp-content/uploads/2011/02/Transamerica-Pyramid-photo-by-New-Lantern-225x300.jpg" alt="Transamerica Pyramid photo by New Lantern 225x300 Standing Out in the Crowd" width="225" height="300" /></a></p>
<p>Several months ago I was in San Francisco and making my way by foot to an appointment in the Financial District. I suddenly found myself at the base of the city’s iconic <a href="http://en.wikipedia.org/wiki/Transamerica_Pyramid" target="_blank">Transamerica Pyramid</a> building on  Montgomery Street.</p>
<p>For several minutes I stood there in awe gazing upward at this architectural wonder to take in its dramatic pyramid shape and its “wings” silhouetted against an intense blue sky.</p>
<p>In a city that boasts the Golden Gate Bridge and the Coit Tower, San Francisco has no shortage of iconic landmarks.  Yet, among office buildings throughout the world, you would be hard-pressed to find one as uniquely shaped and enduring as the Transamerica building.</p>
<p>Designed by architect <a href="http://en.wikipedia.org/wiki/William_Pereira" target="_blank">William Pereira</a>, the building’s nonconformist shape had its detractors during its planning and construction, which started in 1969.  The Transamerica building was completed in 1972 and soon became a proud and highly recognized symbol for San Franciscans.</p>
<p>History books are full of similar reactions to bold and unconventional designs that initially startled the senses, but over time became beloved for their distinction. Look no further than <a href="http://en.wikipedia.org/wiki/Gustave_Eiffel" target="_blank">Gustave Eiffel</a>, the French engineer who designed the famed tower in Paris that bears his name.</p>
<p>From childhood we are taught not to stand out in the crowd. Go along. Fit in. Conform.  As adults, this conformist behavior is roundly encouraged in the workplace.</p>
<p>This type of imitative culture serves to stifle the very type of creativity and innovation that your company needs to thrive and endure.</p>
<p>Applaud the individuality of your employees and seek to encourage, not suppress, the dramatic.</p>
<p>Your company has the potential to leave its mark on the business landscape, but only if you give your employees the opportunity to <a href="http://newlantern.com/services" target="_blank">stand out in the crowd</a>.</p>
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		<title>Fearless Ingenuity</title>
		<link>http://newlantern.com/innovation-economy/fearless-ingenuity/</link>
		<comments>http://newlantern.com/innovation-economy/fearless-ingenuity/#comments</comments>
		<pubDate>Sat, 29 Jan 2011 02:57:25 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[management consulting]]></category>
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		<category><![CDATA[fearless]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=4529</guid>
		<description><![CDATA[Have you ever had a good idea for your company, but felt if you raised it to your management, they might scoff at the idea – or worse, tell you to mind your own business?  Fear is one of the biggest obstacles to innovation in any company. Fear of ridicule. Fear of embarrassment...]]></description>
			<content:encoded><![CDATA[<p>Have you ever had a good idea for your company, but felt if you raised it to your management, they might scoff at the idea – or worse, tell you to mind your own business?  Fear is one of the biggest obstacles to innovation in any company. Fear of ridicule. Fear of embarrassment. Fear of being told that your idea is stupid.</p>
<p>Too many companies unfortunately promote an environment that embraces this fear. It starts with managers who fear that their direct reports might actually outshine them with a creative or ingenious idea.  These fearful managers exist at the lowest levels of the company, at the highest levels of the company, and every level in between.  </p>
<p>There are also structural factors that promote innovation-killing fear in a company. “We’re the Office of Corporate Strategy.” “We’re the Office of Innovation.” “We’re the Office of the CEO.” Or, “We’re the number one product group for the company.”  “You stick to your day job, and let us worry about the company’s new ideas or innovation strategy.”  Sound familiar?</p>
<p>These are also the same companies which many times find themselves slipping from first, to second, to way back in the pack, while younger, hungrier, and more fearless companies eat their lunch.</p>
<p>But it doesn’t have to be this way. Start by leveraging the laws of statistics. Challenge every single person in your organization to stretch his or her thinking. Promote a culture that holds to this axiom:  no idea is a bad idea. Of course, you’ll need to point out that only a few ideas will be worthy of pursuing. Yet, your odds of finding a pearl are increased as you open up a larger number of oyster shells.</p>
<p>Try it. You have nothing to fear, but fear itself. </p>
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