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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 'success'

The Power of Competition

Posted by on April 7, 2012 at 6:46 pm

Ford logo Copy 300x150 The Power of Competition

Henry Ford, the founder of Ford Motor Company, died on this day 65 years ago in Dearborn, Michigan.

Ford is credited for revolutionizing factory production with his assembly-line methods. Most importantly, he helped change how people lived and where they lived by developing the Model T, the world’s first affordable, mass-produced car.

Ford first produced the Model T in 1908, which sold for $850, according to History.com. And by the time the last Model T came off the assembly line in 1927, over 15 million had been sold. However, like many corporate trailblazers, Ford’s market dominance began to wane in the 1920s when it fell behind General Motors, which was responding more quickly to consumer demand with newer models.

To this day, Ford still trails GM in automobiles sold annually, but only by a narrow margin. Ford’s star has risen particularly in recent years under the leadership of former Boeing executive, Alan Mulally, who has helped make Ford profitable despite the country’s near economic meltdown. In late 2008 and early 2009, GM took bailout money from the U.S. Government; Ford notably did not.

The Ford and GM 100-year rivalry is longer than any in U.S. corporate history and will surely continue. There is no better fuel for innovation than competition, and no industry better illustrates this cause and effect than the automotive industry.

Thanks to GM’s and Ford’s long-term rivalry – and the competitive threats from Japanese and German car brands over the last three decades – consumers have a lot to be thankful for.

One wonders what Henry Ford would think today if he were behind the wheel of one of Ford’s latest models, such as a Ford Fusion Hybrid (gas and electric), in which he could control much of the dashboard with voice commands.

I bet he’d like the company that still bears his name.

Find Your Creative Place

Posted by on March 30, 2012 at 8:47 pm

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.

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.

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.

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.

I realize that organizations may not have the flexibility or the resources to put their employees into their most creative physical spaces. But with a little bit of ingenuity, leadership, and guts to try something different, they could clearly get employees to a better place or frame of mind.

Let New Lantern help your company find its creative place. It could be the beginning of a more beautiful and productive relationship between you and your employees.

(Back by popular demand, the above posting appeared originally in April 2009.)

Remembering a Lively Red Bull

Posted by on March 22, 2012 at 11:06 pm

Red Bull Founder Chaleo Yoovidhya 1923 2012 225x300 Remembering a Lively Red Bull

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, and was a duck farmer early in his career before importing antibiotics and other pharmaceuticals, as reported by Time.

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.”

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.

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.

And the rest is Red Bull history as they say.

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.

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.

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.”

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 no bull.

The Power of Losing

Posted by on February 25, 2012 at 1:04 pm

Last week, syndicated columnist Kathleen Parker wrote an op-ed entitled “The Power of Losing” about the trials and tribulations of the 2012 Presidential campaign. In it, she notes that the recent losses by Mitt Romney to Rick Santorum in Colorado, Minnesota, and Missouri on February 7 could actually help to successfully re-focus Romney and his campaign as he seeks the Republican nomination.

Parker asserts that Romney’s concession speech that evening was the best speech to date of his candidacy, saying it “was touching and sweet and true.” She goes on to compare other major concession speeches by Presidential candidates, like Al Gore in 2000 and John Kerry in 2004, as their best speeches of their respective campaigns.

Of course, Romney’s February 7 loss was but one step along the way, and not an ultimate concession for the final prize like that of Gore and Kerry. And that’s the point. Romney still has a chance to leverage that night’s loss.

Parker goes on to say, “The moral of the story isn’t that one must lose to win, but that one try to harness the spoils of loss for the road to victory.”

Clearly, we can apply this same “power of losing” concept to the business world. Whether for an individual senior executive at a company, or the company at large, there is nothing like losing to a competitor or suffering your company’s first quarterly loss to get the juices flowing.

But success will turn on how that executive or how that company chooses to react to that loss, and whether they are successful in summoning a renewed winning spirit to take the next hill.

Loss is inevitable at some point for anybody and any company. Prepare yourself to respond to it accordingly, and turn the power of losing to your ultimate advantage.

And, seek to harness the spoils of loss for your road to victory. It might just lead to a bit of “Hail to the Chief” for you and your company.

Best in Show

Posted by on February 16, 2012 at 8:54 pm

Malachy 2012 Westminster Best in Show 300x200 Best in Show
I like animals, animals of all shapes, sizes and varieties. In fact, my husband jokes with me that I like animals more than I like humans. Of course, it depends on the human.

Earlier this week, a four-year old Pekingnese named “Malachy” was awarded this year’s “Best in Show” at the 2012 Westminster Kennel Club Dog Show held in Madison Square Garden in New York.

As much as I like animals, including dogs, I must say that it’s hard for me to get that excited about the beauty-challenged Pekingnese as the top winner of the prestigious dog show. With all due respect to Malachy, he has the face of a vampire bat, with Linda Evans hair.

Others questioned this week whether the Pekingnese is worthy of the famed dog award, since Malachy beat out more seemingly popular dog breeds such as the Irish setter, the Dalmation, the German shepherd, and the Doberman pinscher.

This is not the first time that the mighty Pekingnese has taken home the top award. In fact, Malachy is the fourth such Pekingnese to win “Best in Show” since 1960.

Pekingnese and other canine enthusiasts are quick to point out that the long-lasting breed is worthy indeed, and has been associated with royalty for centuries. The origins of the breed date back to the 8th Century in China. Pekingnese are commonly referred to as the “Lion Dog” due to its long, fluffy mane of hair. Sounds like the work of a good publicist, if you ask me.

With that said, I respect Malachy and his accomplishment. Malachy may not “look” like a winner, but he’s proven that he has what it takes to compete against those perceived to be better apt to succeed.

And isn’t this an important lesson for all of us?

“Don’t judge a book by its cover” is an oft-used axiom, which many of us seldom take to heart – but maybe we should. How many times do we assume that the colleague who looks the part will be the first to succeed?

The role of a good manager – and the organization broadly — is to provide for a work environment where everyone feels they have a shot at succeeding, not just the popular “show dogs.” This type of inclusive, nurturing culture will result in greater teamwork, higher productivity, and more sustained success for the company and the shareholder, every time.

So find ways to excite and draw out every employee to do his or her best. And you’ll soon find that your next “best in show” just might surprise you.

Thumbs Up for Downton

Posted by on January 31, 2012 at 11:56 pm

Downton Abbey 300x240 Thumbs Up for Downton

I’m a Downton Abbey fan. I don’t watch much television, but when I do, the British hit series Downton Abbey on PBS is top of the list.

I can’t say exactly why I like the show. Maybe it’s the excellent ensemble of actors. Maybe it’s the well-written scripts contrasting the upstairs British aristocracy of the early 1900s and their downstairs help staff. Maybe it’s all the turn-of-the-century British period stuff, showcasing the fine furnishings of the opulent estate home.

It’s probably elements of all these things, but I am always a sucker for well-done period pieces. Downton is written by Julian Fellowes and produced by the British media company, Carnival Films.

I’m not alone in my infatuation of Downton Abbey. Only in its second season in the U.S., it has already amassed a long list of Golden Globe and Emmy awards and nominations. And just yesterday, Carnival Films announced that Oscar-winning actress Shirley MacLaine will join the Downton cast as the mother of Lady Grantham, who is ably played by Elizabeth McGovern.

Seventy-seven-year-old MacLaine will be matching wits and barbs with award-winning British actress, Maggie Smith, also 77, who plays the Dowager Countess and is simply terrific in the role.

The third season will air this fall in the U.K. and next year in the U.S., so we’ll have to wait our turn to see MacLaine and the new storylines, which I’m sure will not disappoint.

The series is set at the fictional Downton Abbey estate in North Yorkshire, England. According to Wikipedia, “Highclere Castle in Hampshire (shown above) was used for exterior shots of Downton Abbey and most of the interior filming. The servants’ living areas were constructed and filmed at Ealing Studios.”

At the heart of Downton Abbey is a great idea, a compelling story, strong creative ability, attention to detail, and fine execution to produce something that is appealing to a broad audience. All the key ingredients needed for a successful business if you ask me.

If you haven’t seen the show, I suggest you try it out. PBS airs it on Sunday nights, and it replays on Thursday nights — at least in my neck of the woods in the Washington, DC area.