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innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

city

How can cities build inclusive, innovative local economies? That’s the question Forward Cities is answering through a multi-city learning collaborative comprised of Durham, Detroit, Cleveland and New Orleans.

Supported by the Case Foundation and Kresge Foundation, Forward Cities has partnered with ScaleUp Partners in visiting each metro region to meet with local community, business and government leaders and discover first-hand what’s working as well as the challenges faced by these pioneers. Although many of these efforts are nascent, they represent a growing base of committed collaborators determined to forge new paths toward equitable access to economic opportunity.

 

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mentor

Call it your company’s secret weapon or secret sauce; both are apt descriptions of the advantage a quality mentor brings to your startup.

Mentors can be paid confidantes or volunteer advisors to your operation. They can be industry specific or a business generalist but in whatever form they come to you they are an entrepreneurial advantage for your startup.

 

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NewImage

Try going a day at work without saying “I”–bet you can’t do it. The same likely goes for “me” and “my,” pronouns we use so frequently that we’re almost never fully conscious of them. But these tiny words, in addition to other common “function” words–like articles, prepositions, and conjunctions–may carry more weight in our speech than many of us suspect. And according to the social psychologist James W. Pennebaker, first-person pronouns in particular don’t always communicate what we think they do.

Image: https://www.fastcompany.com

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Banners and Alerts and Mark Cuban Something to Look for in a Job Offer Money

When Mark Cuban sold his internet streaming service Broadcast.com to Yahoo in 1999, 300 of the company’s 330 employees became millionaires overnight, he said.

What they did with their newfound wealth was immediately important to him.

“We had to have people talk to them about how to make sure they kept it” rather than mismanaging the windfall, Cuban recently in an interview with MONEY.

Those days of striking it rich in the dotcom era are gone, but Cuban cited the Broadcast bonanza as an example of one of the most dramatic ways workers today can increase their net worth: by earning equity in the companies they work for.

Image: http://time.com

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cyber security

America is facing a critical shortage of people trained in cybersecurity. The Cybersecurity Workforce Alliance — a partnership of companies, the government and universities — aims to bridge that skills gap because the country’s future literally could depend on it.

Sounding the call to cyber defenses through “industry-first” planning and collaboration is this opinion piece written by Frank C. Cicio, Jr., co-founder and CEO of iQ4, an emerging workforce-transformation firm and collaboration platform that partnered with the City University of New York, John Jay College of Criminal Justice, the State University of New York at Albany and several cybersecurity professionals to launch the alliance in 2015; Gopal Padinjaruveetil, chief information security officer of the Auto Club Group in Michigan and chairman of the Advisory Council Board for the CWA; and William Squires, a former iQ4 research intern and sophomore at the University of Southern California who co-authored iQ4’s response to the White House’s recent NIST Request For Information on cybersecurity. 

 

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NewImage

David Cohen and David Brown, co-CEOs of Techstars, in an interview with ET ahead of the company's India launch spoke of their plans for startups in the country. Here are edited excerpts:

Economic Times (ET): Why did you want to launch in India?

Brown: Our goal is to help entrepreneurs succeed anywhere in the world and it is born out of the fact that we started Techstars out of a small town called Boulder in Colorado. It is not necessary to move to the Silicon Valley to start a business.

Image: http://economictimes.indiatimes.com

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money

Carnegie Mellon University contributes nearly $1.5 billion to Pittsburgh's economy each year, according to a report CMU released Thursday.

The university is not only an economic driver in the region but also a key player in the transformation of Pittsburgh into a hub for robotics, artificial intelligence and other innovations, the report found.

"CMU's reputation, expertise and talent pipeline in this and other growing fields have made Pittsburgh a prime destination for cutting-edge technology firms and in the process is fundamentally remaking Pittsburgh's brand in the global marketplace," the report stated, adding later, "Pittsburgh now is well-positioned to compete as an innovation hub against other world-class locations because of the concentration of intellectual capital and entrepreneurship activity represented by CMU, and the innovation ecosystem it has helped to foster."

 

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leadership

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Some people are content with their regular jobs and throughout their professional careers they strive to get better opportunities, while some are not satisfied till they build something of their own.

 

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NewImage

In recent data pulled from Indeed.com, the online jobs site says some of the most in-demand positions at small businesses are in the medical field.

Here’s more data that points to the increased demand of small businesses for highly skilled medical professionals.

Small Business Healthcare Staffing Shortages

In fact, 7 of the top 10 high-skilled positions small businesses are desperate to fill are in the healthcare industry. They include the top 4: Speech language pathologist, Registered Nurse, Physical Therapist and Occupational Therapist.

Image: https://smallbiztrends.com

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entrepreneur

In January 1975, when I was 27-years-old, I opened the doors of BAYADA Home Health Care, a small business I started with $16,000 in hard-earned savings and what some may consider unrealistic expectations. Like so many young entrepreneurs, I was brimming with confidence rooted in the belief that I had identified the formula for success. It seemed simple enough. I would hire good home health aides who, of course, would be compassionate, reliable and do an excellent job caring for clients. I would treat those employees like family, and they in turn would treat clients like family. From there, the business would flourish.

 

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steps

The answer to your innovation problem isn’t always a sexy one.

For example, your customer experience map is an ideal starting point not only for innovation, but also to train yourself and your company to continuously improve. Any single thing you change in that ongoing process might be the one thing that surprises you as an unexpected innovation.

 

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boardroom

Many board meetings are bored meetings. Management teams whisk through slides trying to get through a presentation to share how great things are going and they are eager to get through the meeting so they can get back to their real jobs. This is a shame since the value that the right board could add is immense if you select the right board members and manage them effectively.

 

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