Innovate!: How Great Companies Get Started in Terrible Times / Edition 1

Innovate!: How Great Companies Get Started in Terrible Times / Edition 1

by Thomas A. Meyer
ISBN-10:
0470560584
ISBN-13:
9780470560587
Pub. Date:
05/03/2010
Publisher:
Wiley
ISBN-10:
0470560584
ISBN-13:
9780470560587
Pub. Date:
05/03/2010
Publisher:
Wiley
Innovate!: How Great Companies Get Started in Terrible Times / Edition 1

Innovate!: How Great Companies Get Started in Terrible Times / Edition 1

by Thomas A. Meyer
$34.95 Current price is , Original price is $34.95. You
$34.95 
  • SHIP THIS ITEM
    Qualifies for Free Shipping
  • PICK UP IN STORE
    Check Availability at Nearby Stores

Overview

Learn the lessons of how great companies began in the worst economic times

Eli Lilly. IBM. Medtronic, Procter & Gamble. Hewlett-Packard and Marvel Entertainment. All great companies and all made their start during the worst economic times.

Innovate!: How Great Companies Get Started in Terrible Times is first and foremost a source of true inspiration based on history. But it goes much further than that. It captures the lessons of these great innovative individuals and companies that began in the worst economic times, identifying the philosohies, strategies, and essential keys to success during your own challenging economic times.

  • Provides a compass to navigate troubled economic waters though innovation
  • Explains the creative sources of innovation possessed by every individual
  • Harnesses the power of innovation of the individual and the organization

Innovate!: How Great Companies Get Started in Terrible Times shows you the strides you and your organization can take toward thriving in the worst of times. And it just might be your road map to building the next great American business success story.


Product Details

ISBN-13: 9780470560587
Publisher: Wiley
Publication date: 05/03/2010
Pages: 240
Product dimensions: 5.90(w) x 9.10(h) x 0.90(d)

About the Author

Thomas A. Meyer, MBA, CLP, is the Chief Innovation Officer of St. Louis University. Meyer's career in innovation management spans more than thirty years. He created the Domestic and International Intellectual Property Office at Anheuser-Busch, Inc., in 1980. He coauthored the pioneering book on intellectual property management, An Executive's Complete Guide to Licensing, in 1988. For more than twenty years, Meyer has consulted for many Fortune 500 and privately owned companies in the areas of licensing, franchising, new product development, and marketing. A partial list of clients includes Coca-Cola, Times Mirror Company, Ralston Purina, and CBS Radio and TV.
Meyer is also an accomplished entrepreneur who has founded four successful companies in the manufacturing, retail, and services industries. He has been responsible for developing some of the first sustainable products including the first 100% recycled plastic bottle in 1991 and the first bio-based automotive commodity chemicals in 1994. Meyer's new professional passion is building bridges between industry and universities to ensure America's innovation leadership in the world.

Read an Excerpt

Click to read or download

Table of Contents

Acknowledgments xi

I Am, Therefore I Innovate xiii

Introduction xv

Chapter 1 Recession 1

Panic of 1797 (1797–1800) 4

Depression of 1807 (1807–1814) 5

Panic of 1819 (1819–1824) 5

Panic of 1837 (1837–1843) 6

Panic of 1857 (1857–1858) 6

The Long Depression (1873–1879) 7

Panic of 1893 (1893–1896) 8

Panic of 1907 (1907–1908) 8

Post–World War I Recession (1918–1922) 9

Recession of 1926 (1926–1927) 10

The Great Depression (1929–1939) 11

Post–World War II Recession (1945) 13

Late 1940s Recession (1948–1949) 14

Post–Korean War Recession (1953–1954) 15

Recession of 1957 (1957–1958) 16

Recession of 1960 (1960–1961) 16

Recession of 1969 (1969–1970) 17

Oil Crisis of 1973 (1973–1975) 18

Recession of 1980 (1980–1982) 20

Recession of 1990 (1990) 21

Recession of 2001 (2001) 23

Recession of 2008 (2008–TBD) 24

Chapter 2 Perseverance: General Electric Company Thomas A. Edison 25

The Lesson: The Power of Curiosity 28

The Lesson: The Power of Communication 29

The Lesson: Four Tips for a Successful Moonlighter 30

Modern Parallel: Randy Copeland, Velocity Micro 32

The Lesson: Go to Where the Business Is 35

The Lesson: Create Your Own Luck 35

The Lesson: The Power of Competition 36

The Lesson: The Power of Incorporating 38

Chapter 3 Pain: Laugh-O-Gram Films Walt Disney 41

The Lesson: The Power of Patience 45

The Lesson: The Power of a Name 46

Modern Parallel: Joe Jacobson, E Ink Corporation 48

The Lesson: The Power of Branding 51

Chapter 4 Intuition: Apple Inc. Steve Jobs 53

The Lesson: The Power of Employees Who Believe 56

The Lesson: The Power of Negotiation 57

Modern Parallel: Dr. James Andrews, Andrews Sports Medicine and Orthopaedic Center 60

The Lesson: The Power of Design 63

The Lesson: The Power of Face Time 64

The Lesson: What Kind of Company Are You? 66

Chapter 5 Simplicity: Johnson & Johnson Robert W. Johnson 69

The Lesson: The Power of a Copywriter 73

The Lesson: The Power of Learning the Ropes 74

The Lesson: The Power of Creating a Social Norm 77

The Lesson: The Power of Managing Disaster 79

Modern Parallels: Simple Problems, Simple Solutions, Simple Products 83

Chapter 6 Failure: The Hershey Company Milton S. Hershey 87

The Lesson: The Power of Quitting School 89

The Lesson: The Power of Asking for Help 91

The Lesson: The Power of Rejection 92

The Lesson: The Power of a Single Customer 93

The Lesson: The Power of Scalability Modern Parallel: Brian Wellinghoff, Barry-Wehmiller 97

The Lesson: The Fallacy of “It'll Sell Itself” 101

The Lesson: The Power of R&D 102

Chapter 7 Faith: Mary Kay Ash, Mary Kay Cosmetics 105

The Lesson: Innovation Is About More than Just a Product 108

The Lesson: The Power of Sharing Your Passion…with Everyone 110

Modern Parallel: Adam Smith, Twitter Community Choreography (Dance Theater Workshop) 112

The Lesson: The Power of Incentives 115

The Lesson: The Power of Keeping the Faith during Uphill Battles 118

Chapter 8 Insignificance: Dr. Lonnie Johnson, Super Soaker (Hasbro) 121

The Lesson: The Power of Impracticality 124

The Lesson: The Power of Organic Design 126

Modern Parallel: Patrick Lockley, Six by Six Gallery 129

Chapter 9 Paradox: Enterprise Rent-A-Car Jack Crawford Taylor 131

The Lesson: Helping People at the Point of Need 136

The Lesson: How to Keep Employees in Tough Times 138

The Lesson: The Power of Not Franchising 139

Modern Parallel: Robin Sloan, Robin Writes a Book (via Kickstarter) 140

The Lesson: Dictate Growth Based on Your Employees 143

The Lesson: Becoming Recession-Proof 144

Chapter 10 Luck: William Procter and James Gamble, Procter & Gamble 147

The Lesson: The Power of Location, Location, Location 150

The Lesson: The Power of a Logo 151

Modern Parallel: Alma M. Lugtu, cover my bum™ 153

The Lesson: The Power of Bark and Bite 157

The Lesson: The Power of Employee Loyalty 158

The Lesson: The Power of Foresight 159

The Lesson: The Power of Divergent Revenue Streams 160

The Lesson: The Power of Academic Collaboration 162

Chapter 11 Greed: Joe Cassano, AIG 165

Chapter 12 Integrity: George Foreman, Salton Company 173

Modern Parallel: Tom Phillips, Weekends Only 179

Chapter 13 The Innovation Generation 183

Untying Knots 187

Illustrative Communication 188

Connecting the Dots 188

Simplifying Complexities 189

Chapter 14 The Sandbox Universe 191

Integrity 196

Inspiration 196

Imagination 197

Innovation Development 198

Industrialization 199

The Sandbox Universe at St. Louis University: A Case Study 201

Epilogue: The Power of the Bayh-Dole Act 205

Notes 209

About the Author 211

Index 213

From the B&N Reads Blog

Customer Reviews