
Sign up to save your podcasts
Or


Today's guest stands as one of the top inventors and scientists of our time. Dean Kamen has been innovating for decades and is known for his invention of the Segway, the infusion pump, the iBOT wheelchair, and many more game-changing inventions. This week on Killer Innovations, Dean Kamen joins us to discuss inventions and what he is currently doing to help change the world.
Helping People Live BetterDean is continuously trying to invent things to aid those in need. He has worked on taking technologies developed for broad markets and using them to meet the needs of patients. Many of Dean's products help those with rarer issues, such as veterans who've lost limbs, or those with genetic disorders. Dean wants to reach the point where medical patients can live comfortably at home and still have access to the latest medical technology to keep them healthy. These inventions will not only save a ton of money but gives the patients more independence and dignity in their lives.
Hope for Future InventionsWhen it comes to future inventions, Dean wants to create better alternative solutions to his dialysis invention as well as his infusion pump. He wants to continually enhance his products to make them more convenient for users. Through his company Deka Research and Development Corp, he tackles the world's most complex problems, solving and innovating to improve our lives. In the "Near Future Series: "A Better Place", Dean and the team are working towards opportunities in these areas.
The Next Generation InventorsAs an innovator on a mission, Dean's passion is unchanging, and many see him as the Thomas Edison of our time. While we face our biggest challenges, such as the environment, healthcare, transportation, etc., a question remains: Who will be the next Dean Kamen? Dean says that there is a culture problem in our country rather than an education crisis. The abundance of things clouds kids from having creativity. Kids want to become movie stars and professional athletes rather than inventors of lifechanging products. Kids would instead want to be celebrities due to the recognition and glorification of those positions. To fix this problem, Dean decided to make inventing a sport, to encourage kids to work hard at something more impactful. That is where FIRST comes in to play. Dean founded FIRST, an international organization that hosts robot building competitions. FIRST gives kids an opportunity at a future and sets them up to become changers of the world.
Dean is an innovator with a passion and a mission to change the world. He continually strives to help others by creating and enhancing products that aid them. Finding success in what you are doing is vital to have an innovation mission on lockdown. What is your innovation mission?
If you want to get more knowledgeable about the future of invention or innovation, hop on over to the show to get more expert insights and advice.
About our Guest: Dean KamenDean Kamen is a top American scientist and inventor known for his inventions of the fusion pump, the iBOT, and the Segway. His futuristic inventions have revolutionized the world of healthcare, personal transportation, and numerous other areas. Dean's passion for science and helping others has driven him to great success. Dean Kamen has received a vast number of awards throughout his career, but most notably, the Heinz Award for his contributions to the medical world, and the National Medal of Technology, for his innovative endeavors. In 1989, Dean founded FIRST (For Inspiration and Recognition of Science and Technology). FIRST is an organization that hosts annual robot-building competitions between different youth teams. FIRST seeks to encourage kids to get excited about technology and their part in it. Dean currently resides in New Hampshire and his devotion to his work is unwavering as he continues to strive to make the world a better place.
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected], or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
Artificial intelligence is quickly growing in the technology world today. Google and Microsoft have invested heavily in AI. Does AI live up to the hype around it? Will the building blocks of AI transform from hype to reality?
Today's guest stands at the forefront of artificial intelligence advancement. Steve Guggenheimer has been with Microsoft for 26 years and has been heavily involved in the company's AI ventures. This week on Killer Innovations, Steve Guggenheimer joins us to discuss the progress of AI, the transition into "the cloud," and what he and his team at Microsoft are doing to advance technology.
If you want to be more knowledgeable for the new year on AI, the cloud, and rural America's broadband issues, hop on over to show to get more expert insights and advice.
About our Guest: Steve Guggenheimer
Steve Guggenheimer, the Corporate Vice President of Microsoft's AI sector, is responsible for creating groundbreaking AI technology and advancing its global presence. Throughout his 26 years at Microsoft, Steve has been involved in key leadership positions, building Microsoft's hardware and software systems as the head of the OEM division and Developer Evangelism. Steve has also been in product teams for Microsoft's Windows, Application Platform, Visual Studio, and much more. Before coming to Microsoft, Steve worked on developing and marketing products in the field of lasers at Spectra-Physics Inc. Steve attended the University of California, Davis, where he received a Bachelor's Degree in Applied Physics and received a Master's Degree in Engineering Management from Stanford University. Steve and his wife run the Guggenheimer Foundation, and he is on the board of directors of Muzik.
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected], or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
When you are going to reform something, the goal is to change it to something better. It is to reshape or correct something. It comes in cycles. We see it in the financial industry through Wall St. and the many government regulations. Policies, rules, regulations, laws, etc. all drive reform. What is the cataract to reform? To go in the opposite direction by deregulating, removing regulations to let the market take over. On today's show, I am going to be discussing and explaining what innovation reform is.
Innovation Reform
Does innovation need reforming? Can something as nebulous as innovation be changed? The reason that this issue bothers me is due to the misuse of innovation, done in a whole variety of ways. Innovation tends to have minimized support financially. What is the proper role that innovation plays in our daily lives? We tend to view innovation as the new shiny gadget from Apple, Dell, or HP. The reality is that innovation plays a much more significant part of our daily lives. It's the continuous role of innovation solving issues such as healthcare, education, politics, etc. It allows us to share ideas globally uniting us rather than dividing us. Back to my fundamental question. Does innovation need reforming? If so, what approach should minimize? Should more regulation or other incentives be applied? Or is there another completely different approach?
3 Key Areas of Innovation Reform
What is wrong with innovation that requires reforming? I believe there are three critical areas that we, as innovators need to be thinking about:
How do we address these innovation reform issues? What are the best ways to address these issues? What do we as a society do to encourage innovation to solve the challenges we are facing?
How to Initiate Innovation Reform
How do we reform unethical innovation, stolen IP, transparency?
Here are my proposals:
Unethical Innovation
Stolen IP
Transparency
Five Minutes to New Ideas
My grandfather had an old saying when I was growing up, "never burn a bridge." At the time, I thought it was a strange saying, but only later did I realize what he was saying. No matter how bad someone treats you, don't get angry or retaliate and destroy that relationship. Great leaders keep cool even when the attacker makes it personal. A president of a large corporation was confronted by an angry employee who stormed into his office and poured out his complaints. The president calmly listened and when the employee stopped, the president said thank you. The president had wisely remained cool like the writer of Proverbs, Solomon. He said, "A gentle tongue is a tree of life." The person who winds up in charge is someone who can remain calm through intense stress and pressure. Stillness is the most universally outstanding quality of great leaders. Leaders don't make the best decisions when in the heat of anger. Earlier in my career, I was overseas and saw two truck drivers who came face to face in a narrow street. Neither backed up to let the other go and they yelled and honked at each other. After a few minutes of watching this, I went on to a meeting. After a few hours, I returned to see them in the same place doing the same thing. Nothing happens when anger and emotion overcome reason. Nothing constructive happens. We need to recognize when we are in the wrong to avoid burning bridges.
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected], or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
Organizations are always trying to create the next big thing. What drives these organizations to create something new to bring to the marketplace? These are solving problems, creating opportunities, removing barriers, etc. What do all these things add up? They create value. How do you find out what people value? Look at who is going to benefit from what you are creating. You may think you know who they are, but odds are, you're wrong. I'll bet you are wrong. Why? You are too close to what you are creating. On today's show, we will walk through perspectives and the value of innovation.
Identifying the Customer's WantsWhen I was at HP, there was an engineer who was pitching new features for a product line. At the end of his pitch, I asked him what the customer asked for the specific function. Did it come from a feedback form, a customer care call, or user surveys? The engineer replied, "I came up with this idea because it is a feature that I would really want." Why did I ask this question? Because of the complexity that the feature would add to the product. It would take an HP engineer to figure out how to use the feature. The engineer mistakenly put himself in the position of the target customer.
It is vital that you, as the creator of a product/service, get out and observe what the customers want. During my years at HP, I frequented Best Buy on my weekends. If a customer looked at an HP laptop and ended up buying another computer, I'd hand them my business card and ask them a simple question. What caused you to look at this product and buy another? The answer to that question showed me what they valued. In today's show, I am going to be discussing what the value of innovation is.
Understanding the Value of InnovationHow do you find what the customer values? You need to know their perspective. Their perspective has a significant impact on their decision making. An excellent example of this is my wife. My son Logan was a fencer back around 2009, and we were in Las Vegas at a two-day competition.
Logan was doing well and advancing in the tourney. That was great, but it also made us tight on time to get to the airport. After the competition, we raced to the airport. The person informed us at the check-in counter that there has been a delay in our flight to Phoenix. I corrected her, saying it must be a mistake because we were going to San Jose. She said that our ticket was Las Vegas to Phoenix to Los Angeles and then to San Jose. A typical flight from Phoenix to San Jose takes about one hour, but this one took 6 hours. I called my wife, and she said that booking the 6-hour flight saved $20. I thought she was kidding—at the time, I was the CTO at HP. She didn't value my time the way I did.
Why does my wife think that way? My wife is the most frugal person in the world. Why? Because of her upbringing. She was one of six children, and her family struggled to say afloat. Her father worked double shifts in the steel industry, seven days a week, to provide for them. During this time, her family lost their home multiple times, and she was often forced to live with other family members. When she looks at the value of money, her experiences shaped her perspective. When you're thinking about the value innovation, you may think you've got it all figured out. That doesn't matter. What matters? The perspective of the person buying your product. It doesn't matter what you think, but what they think. Do you know the "who" and what they value?
Creating Enhanced ValueBeyond understanding how people make decisions and what they value, let's look at how we create enhanced value. I remember, there was a social media meme that showed an iron bar: An iron bar costs about $5. If you pound out that iron bar into horseshoes, equates to $12. It's the same amount of iron, but making the bar into horseshoes created six extra dollars. Now take that bar of iron and put it through a manufacturing process and make sowing needles. That $5 bar of iron turned into needles gives you $3,500 worth of needles. Take that same bar of iron and turn it into springs for watches, and it will be worth $300,000. That is the power of innovation.
This instance is the creation of the value of innovation. Take the raw goods and produce something that the "who" values, and they will pay the premium for it. Take birthday cakes for example. My grandmother would make my birthday cakes from scratch when I was a kid. Each cake probably cost around a dollar. When she passed, my mom started making my birthday cakes with cake mix, which probably cost around $3. It was much easier than making it from scratch. When my mom started working full-time, she would get my cake from a bakery. What began as a $1 homemade cake, was now around a $15 bakery cake. The value of the convenience was hugely valuable.
Today, with my grandkids, it has to be an experience. You go to a trampoline park and pay a couple of hundred bucks for pizza, cake, and games. Why do you do this? It's all about the value creation brought in by innovation. People will reward you with an innovation premium because of what they value.
"Me Too" InnovationHow do you earn the innovation premium? By conveying value uniquely and differently. If you're an avid listener of the show, you know that I tend to rant about the "me too" innovations. Look at bottled water. There are thousands of brands of water bottles. There was a handful of them in the 70s. In the 70s, there were four types of milk and 19 in the 1990s. Today, there are hundreds of types of milk. How many different types of water bottles or milk do we need?
I was in the store the other day getting some Lays potato chips for my grandkids. I realized there were a ton of different flavors of chips. All this created complexity, and for what? The unnecessary complexity is the problem with "me too" kind of innovations. When talking about the value of innovation, you need to create something unique. Look at who your customers are, how they make decisions, what is the perspective that fuels that decision, and what is the unit of value that will convey a premium. Is what you are selling unique?
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected], or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
Lonely Leadership
What are leadership struggles? Many leaders act as if the point they've reached in their careers was easy to reach. From my perspective, as I progressed throughout my career, I ran into many different struggles. These struggles are some that I believe every leader will encounter. Rather than hiding these struggles from you, I will be putting them out in the sunlight for all of you to see. I have come to realize that all leaders are alike. As much as we think we are different, we are not as unique as we think. We all share the same struggles. On today's show, I will be discussing the various struggles all leaders face and how to counteract them.
The first leadership struggle I've encountered is lonely leadership. As you progress through an organization it gets harder to find people that understand you. Great leaders are told that transparency is a must. Be transparent. Share things with others around you. While transparency holds importance, is it always the answer? Transparency is only important to a point. There are some things you should not be transparent about.
You should never be transparent about your self-doubt. Being open about your struggles with employees can cause them concern about your organization. Secondly, never be transparent about your opinion of others. Especially key stakeholders. They will find out. My philosophy is to never burn a bridge no matter what. This decision has come back to benefit me throughout my career.
Thirdly, never be transparent about confidential information shared with you. I've seen may promising leaders sidelined because of issues of integrity and trust. Building a reputation of integrity as a leader is crucial. It can be lost in just one decision. Don't make that mistake. This will shatter your career. Being a leader is lonely. Who can you share things with? Your spouse? Not always. I remember when I was at Teligent and we were the hottest new thing. We were on the cover of Business Week, Forbes, WSJ, NY Times etc. My wife was at her hairdresser one day, and the hairdresser was drilling her about information on Teligent. He assumed she had access to confidential information and was getting aggressive. After that, me and my wife came to an agreement to protect her. I do not share any confidential information with her. Never. She doesn't want to be in that position.
Is there anyone you can be transparent with? Your coach or mentor. Let your board/shareholders know that you have a coach or mentor. If you're going to share confidential information with someone, they should sign a non-disclosure agreement. All of this said, you will be lonely as a leader. It comes with the position. Do you have someone that you can be transparent with?
What Got You Here Won't Keep You Here
Will the skills that helped you reach your position keep you there? These things will not keep you here or progress you in your career. Look at me for instance. My specialty is technical work. I have not touched technical work in 15 years. I had to learn new skills in order to advance. How did I learn those different skills? Right out of college, I was told by my mentor Bob that in order to find success, I had to broaden my playing fields. I knew my specialty very well, but I needed to have a variety of experiences. What did I do? I rotated in marketing, sales, finance, IT, etc. I did everything. While these experiences broadened my knowledge, it wasn't enough. What were the skillsets that brought me to success?
Consequences of Ideas and Statements
Ideas and statements made as a leader have consequences. Things will get taken out of context and all the sudden they become the "new law". When I was CEO at Cable Labs, I told my team that the most common statement they would hear was "Phil said". In many cases what I said was misinterpreted or misused. The best proof point of this in my career is press coverage. If you google my name and read the articles on the first 16 pages of google, not a single article got the situation 100% correct. At Cable Labs, we had issues with the press pushing out false information. This caused employees to start worrying about the longevity of our Colorado office. I had to call a meeting with my all my employees to address this issue. I made a commitment to my staff that day that they would hear from me first, and not the press. In fact, this created a new culture at Cable Labs called the "no surprise rule" to constantly remind my employees of this. Why do I do this? Because ideas and statements can be a disaster. You need to be hyper-vigilant about what you say, how you say it, and how you operate. Are you conveying statements the right way?
Creative Self-Doubt
What is the number one skill leaders are expected to have? Creativity/ ingenuity leading to product, service, and operational innovation. Many leaders get promoted to a leadership role because of innovation they are credited with. Look at Nobel Laureates. There is a trend of peaks seen from the recipients of Nobel awards. One in their mid-twenties and one in their mid-fifties. The question comes down to this. Do you still have your creativity?
What type of innovator are you?
Conceptual Innovators - "Think outside the box," challenging conventional wisdom and suddenly coming up with new ideas. Conceptual innovators tend to peak early in their careers.
Experimental Innovators - Accumulate knowledge through their careers and find groundbreaking ways to analyze, interpret and synthesize that information into new ways of understanding. The long periods of trial and error required for important experimental innovations make them tend to occur late in a Nobel laureate's career. Success comes from recognizing that as an innovator we need to shift from the conceptual to the experimental.
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected] or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
What do you think about when looking at innovation? Most organizations look at innovation as the process of coming up with new products. This statement is only partially correct. How do you achieve innovation success? The innovation world is continuously moving. Finding the best way to innovate products and services is vital to success. How do you find the best way to innovate in your arena? Is there a better way to go beyond the small fixes and reach new possibilities? On today's show, I will discuss in more detail how to challenge your innovation efforts with idea hacking.
When I was at HP, there was this catalyst project based on battery life. Battery life is a nightmare. How do you increase the life of batteries while making them safe? Battery life only sees improvements of 10% every year. The battery is a chemistry problem. Their design has not changed since their invention. A breakthrough was needed, but the reality was that chemistry could not move fast enough. There were improvements made to the power, but not to the battery. These come from hard drives and screen fixes that save and conserve power. How were these improvements made? The perspective of the opportunity and problem was changed. How would you define the need? How would you describe the issue to reach that different perspective?
Feature to Function InnovationWhat unlocked the ideas not considered previously? Changing the challenge from "how can we improve batteries?" to "how can we improve portable power?". This change in mindset may not seem like much, but this switch caused a seismic shift. Battery improvement is "feature innovation." Portable power is "function innovation." That simple shift from feature to function innovation unlocked a flood of new ideas. It created an increase in the quality and quantity of views. What was the result? A new desire for the constant availability of power. New innovative opportunities arose from this shift in thinking. HP began funding universities and hosting ideation workshops in their efforts to create new creative ideas. This concept then turned into a product. Toshiba and HP started working on a co-innovation attempt to create a portable charging device. Toshiba went on to release a refillable USB charger device that sold for USD 328. That is the power of a simple shift in thinking. New innovative ideas are born from changing the challenge. How do you apply the shift form feature innovation to function innovation to your goals?
Here are four key steps:
Step 1 –
Step 2 –
Step 3 –
Step 4 –
Apply the little shift in thinking to just about anything. Think about a cup. How many ways can you innovate a cup? There are coffee cups, teacups, Yeti-like cups, sippy cups, etc. What if I asked you to innovate a way to carry liquids? You could cup your hands, use your mouth, use a sponge, use a hose, etc. See what ideas you come up with and post them at The Innovators Community. That simple shift from the feature (innovate a cup) to function (innovate a way to carry liquid) shifted the perspective resulting in ideas never that were before considered.
Applying Function Innovation
You can apply function innovation can to anything from products, services, business models, internal operations, etc. Apply it to any organization from small, large, government, NGO, and Non-Profit companies. Function innovation radically increases the number of ideas you unlock. Is function innovation easy to apply? No, it is a lot harder than it looks. The simple shift from innovating cups to innovating ways to carry liquid is vital to creating new ideas. Why is the process of function innovation so hard? Our human nature wants to jump to the feature. We want a larger hard drive on a laptop, or a bigger cup so we don't have to refill it so often. We jump to the feature rather than focusing on the function. How do you fix this problem?
Here is an approach I have used thousands of times in product development:
This process of going from feature innovation to function innovation is the secret that took HP from #3 or 4 in the marketplace to #1 tech company in the world with their computing products. This function approach will allow you to create a variety of new ideas that could lead to a breakthrough product or service.
Let's connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is [email protected], or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don't forget to join our Innovators Community to enjoy more conversations around innovation.
From the publisher's feed

10,913 Listeners

3,161 Listeners

2,181 Listeners

1,458 Listeners

9,625 Listeners

1,641 Listeners

1,089 Listeners

149 Listeners

2,209 Listeners

606 Listeners

3,977 Listeners

225 Listeners

655 Listeners

817 Listeners

156 Listeners