Karmazin CEO of Sirius talking about innovating or dying - he has a great answer “I’m not innovating from 9AM to 12PM” it’s something you do all the time. I completely agree with this because many corporations and executives have a tendency of lip servicing innovation because it’s some how sounds like they are actually doing something.

Kodak has had to overhaul it’s business and move away from film after 120 years. Perez CEO of Kodak basically said we are not eating our own dog food - employees when asked, themselves were not using film. In this case, culture needed to be changed by establishing a team that would move products to the digital level.

LG’s Yong Nam talking about innovating in an economic downturn - your best ideas come during distress. Speaking a common language in their case English is important to debate and discuss ideas.

Innovation in my viewpoint from the context of idea generation is part culture and part process. The culture needs to accept ideas from wherever they arise and then through community effort define areas of value. The process needs to be flexible, work in non-linear ways and filter ideas down to a concentrated value proposition.

I have good and bad news.

So the bad news is I haven’t updated the blog in over a month and I apologize for the lack of content. The good news is that we have been working harder than ever on the platform and the overall business.

Some updates:

1. Platform is near SaaS ready levels - instances are automated and Daniel is currently working on putting in the final features like metrics and customizable hierarchy.
2. Have had the opportunity to talk to some very cool people across the business spectrum - these past weeks we have really drilled into understanding the features needed to aid in the decision making abilities of both groups and manager.
3. The core team officially crossed a year on May 29th - marking the day we first got together to discuss a crazy concept of democratizing ideas on the level that Wikipedia has achieved for encyclopedias.

What to look out for in the near future:

1. Our SaaS platform available for public consumption - We are aiming to finalize it end of June and launching it early July.
2. Rehaul of the IdeaBahn site - the landing page is great and we have receieved plenty of complements but it’s time we start mentioning the details of the platform and display a deeper view of idea management in relation to the crowdsourced context.
3. Posts recapping our lessons from the past year - It has been truly the greatest learning experience cutting my teeth in the entrepreneurial world and I would certainly like to reflect on it for future growth.