A good friend of mine and fellow CEO, Glen Lubbert, recently asked me the question about how to get his whole organization thriving, growing, and more innovative. We were hiking St. Joseph’s hill on what turned out to be an adventuresome hail-filled day in Los Gatos, and talking about growth strategies for his firm, Mojo Interactive.

Glen said that he felt his team were holding back, leaving a part of themselves on the sideline instead of on the field. This is not an unusual sentiment to hear from creative leaders like Glen. I know from so many conversations I have with leaders of big global brands, mid-size Fortune 100 firms, and entrepreneurial start-ups that this is a central concern for most of them. And, by saying this, Glen wasn’t complaining, but actually showing an optimism that he knows there is MORE there, and he knows his job as a leader is to encourage it to come out.

One of the things I have the privilege to do outside of work is serve on the board of a Christian church in Brookline called Highrock. The church was founded less than 2 years ago, and it’s been a pleasure watching this “startup” develop.

I’ve also been able to see the operations of a few other non profits over the years.

Many are well run by unbelievably talented and inspirational people. But there are a few best practices I’ve seen that I think could be very helpful, especially for startup non-profits.

Even the sober Center on Budget and Policy Priorities says 46 states are facing a Greek-like crisis. These state governments must inaugurate an austerity regime to cut spending by $112 billion for FY2011.

FY2011 begins on Thursday.

States have already cut over $300 billion from budgets in the past two years to make up for rising costs and disappearing revenue. For California and New York, this means some of the bloodshed is over. For other states, it's getting much worse.

(eTN) - In what the United Nations calls a “continued push to keep the poorest and most vulnerable at the forefront of international discussions,” Ban Ki-moon, UN’s secretary general, over the weekend urged leaders of the Group of 20 (G20) to scale up investment in clean energy and green economy as part of the effort to achieve the Millennium Development Goals (MDGs).

"The risks -- and costs -- of inaction on climate change grow each year. The more we delay, the more we will pay," he told leaders of the G20 industrialized and developing economies at a working luncheon Sunday in Toronto, Canada.

Mr. Ban has reportedly been participating in the two-day meeting to “try to keep the world leaders' focus on promotion of development in poor countries, despite the global economic slowdown.”

On a day when the Dow and the Nasdaq were in the red, Tesla Motors, the Palo Alto, Calif.-based electric-car startup, saw shares of TSLA climb slowly but steadily. Shares in the company’s initial public offering were priced at $17 last night by the offering’s four underwriters, but the first trades today went for $19. The price just this second, at 8:30am Pacific, is hovering in the $17-18 range.

Tesla’s debut marked the first IPO of an automaker in the U.S. since Ford’s 54 years ago. The company’s stock priced at $17 a share last night, exceeding the expected range of $14 to $16, with the potential to rake in $226 million and value the company at $1.6 billion. After an IPO, underwriters have the challenge of matching investor demand with supply of shares to set an opening price for trading. In Tesla’s case, that didn’t register until more than two hours after Tesla CEO Elon Musk rang the bell to open the Nasdaq.

Working at a startup should be a labor of love. The hours can be long and the pay can be modest, but for many people, the culture can’t be beat.

Most startup founders are incredibly passionate and dedicated – and these qualities permeate the entire organization. In fact, startup companies often engender an entrepreneurial culture that lives long after the early days, inspiring employees to spin out and create entirely new companies with what they have learned.

A key challenge for startup executives, though, is filling their staff with competent, motivated employees that share their vision and passion – and not people who want to punch in at nine and punch out at five, with a two-hour lunch in-between.

Samsung has launched ‘Samsung Guru E1107’ phone that runs on solar powered battery.

The phone, targeted towards Rural India provides 5 ~ 10 minutes talk time for an hour of charging and has an inbuilt Torch as well.

Samsung E1107 Features

• 3.86cm (1.52) LCD provides comfortable viewing of menus and text.
• Mobile Tracker – Automatically sends SMS to a specific number set in advance when mobile is lost or stolen and the SIM card is replaced.
• Enhanced Security – Send emergency SOS messages to pre-designated contacts.
• An interesting feature is Fake Call, that sets off a ringbones so users can pretend they have an incoming call. [more]
• FM Radio/Torch

One of the most frequent questions I’m asked is: How can rural areas best cope and thrive in the increasingly spiky creative economy?

New research by economists David McGranahan and Timothy Wojan of the U.S. Department of Agriculture and Dayton Lambert of the University of Tennessee provides some new and important insights. Their study, entitled “The Rural Growth Trifecta: Outdoor Amenities, Creative Class and Entrepreneurial Context,” published in the July 2010 issue of the Journal of Economic Geography looks closely at the economic forces that are acting on rural areas and the local assets these areas can use to most effectively respond to these forces and spur development and prosperity. Rural areas can no longer depend on manufacturing branch plants as a source of jobs and growth, but rather can work to bolster local amenities, spur entrepreneurship, and enable the creative class to generate jobs and growth. Their main conclusion is that amenities matter a lot to rural development. Here’s the abstract for the study:

Great empires rise and fall, mostly in the Middle East. Watch history play itself out on dynamic maps and timeline.

Who is more powerful: 400-million-user strong Facebook founder Mark Zuckerberg, or the leader of the free world?

That was the question posed to Soraya Darabi, #53 on our Most Creative People in Business list, who explained that their power, at least in terms of reach of voice, is not so different.

Darabi broke down the access to communication tools that Obama and Zuckerberg hold, comparing the old-age methods of the president (network TV, radio, newspapers, etc.) to Facebook's reach as a social network.

Have an innovative solution to clean up the BP oil disaster in the Gulf? Now's your chance to be heard--and make some money in the process. At the TEDxOilSpill conference this morning, Francis Beland, VP, Prize Development at the X Prize Foundation announced a sweet incentive for figuring out a way to mop up BP's mess: a $10 million X Prize.

The prize is a testament to the difficulty of stopping the oil spill--similarly large X Prizes have been offered for DNA sequencing technology, fuel-efficient vehicles, and robotic moon missions. No word yet on requirements for winners, but Beland is already soliciting suggestions at This email address is being protected from spambots. You need JavaScript enabled to view it.. Details will be announced in the coming weeks.

The Tech Coast Angels, the venture capital angel investment group, has launched a new "sidecar" fund, the Angel Capital Fund, according to angel investor Dave Berkus. The fund target size is around $5-6M. A sidecar fund is an investment fund which is used by angel investment groups to bolster the investments in those groups' portfolio, without individual involvement of specific angels in the investment rounds. The new fund was announced by Berkus on fellow Tech Coast Angels member Frank Peters podcast show Friday. A sidecar fund allows unaffiliated angels or angels not as interested in making individual investment decisions to participate in a wider range of angel deals by an angel group.

Lets assume you have an idea for the next great thing. Where do you go from here? Based upon extensive experience in developing products for both large and small companies, I offer a road map of the major steps and important choices faced by inventors

Inventors benefit most from their inventions when they have commercialized and patented them. Inventors should seek a patent to protect their invention.

Patenting is only the start of your work. You must decide how far to bring the idea. Your choices range from licensing the patent to starting a company based upon the idea. In general the more work you do, the less uncertainty your partners (such as licensees or investors) face and the higher your profit.

If you have never seen Doug Hall live, in action, this is a warning: Words and pictures alone cannot give a true taste of the Doug Hall experience. Count this as a mere appetizer.

Hall’s methods—assembled while he was on the new products team at Proctor & Gamble and fully-cooked when he opened his famous idea farm, Eureka! Ranch—are not as wild as they once were. Hall says busi- nesspeople are too uptight these days to tolerate too much fun, but he is still out to get your attention.

At a recent innovation engineering workshop, held at Sugarloaf, Hall demonstrated “meaningfully uniqueness” by juggling three green ap- ples. First, he took a bite out of each one before he tossed it, chewing and swallowing like crazy. Impressive. Hall then demonstrated a truly innova- tive way to do the trick—bite and toss, but let the apple drizzle out of your mouth like a rabid dog. Now that’s a juggling trick.

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Our firm recently participated in the Regional Innovation & Jobs Summit hosted by the Washington Economic Development Commission. Kudos to Egils Milberg and Noreen Hobin for a very full day of content and conversation. The full day was webcast, including the intro to our session.  Also thanks to our colleague from the WA-based Ingenesist Project, Dan Robles, who took great photos of our session.

Our session came at the end of the day. After a day of talking, our role was to get people engaged and active in improving specific ecosystems for the state.  Here are our intro slides on SlideShare:

In Intangible Capital, we make the case that innovation is more than a process, it is also an ecosystem. And that ecosystem is its intangible capital. When you apply these ideas to a geographic region or cluster, the innovation ecosystem is made up of the same group of intangible (knowledge-based) resources that we use at the organizational level. These include:

• Human capital: specific areas of expertise shared by groups in the region
• Structural capital: shared communication, information, process and program resources that facilitate collaboration and innovation within the region
• Relationship capital: links with resources/knowledge outside the region

It was already one of the best days of her life. Waed al Taweel, a 20-year-old Palestinian college student and budding businesswoman, travelled to Washington, DC, shook hands with Barack Obama and spoke at his Presidential Summit on Entrepreneurship, an event aimed at deepening economic ties between the US and the Muslim world.

But for Ms Taweel, who grew up on the West Bank, the real excitement came after her speech. On hearing  Ms Taweel’s presentation about a company she started aged 17, the president of Babson College, Wellesley, offered her admission to the school’s graduate business programme and a full scholarship to boot.

“In Ramallah [West Bank], if you want to get your MBA you’ve got to go abroad,” says Ms Taweel. “It’s something I’ve always wanted to do.”

The high court says the test for business method patents is too rigid. The software industry, among others, is poised to benefit.

In a ruling delivered Monday, the U.S. Supreme Court opened the door for innovation by easing restrictions for acquiring business method patents, with the software, biotechnology and gambling industries the most likely to benefit.

The court ruled in Bilski v. Kappos that the test for business method patents – of which Amazon.com's "one-click buying" may be the most famous – is too rigid. Under the test, the patented invention needs to involve a machine or a transformation in which a particular article is transformed into a different state or thing. The court did not provide any new guidelines, however, leaving companies with no clear idea of what business methods could be patent-protected.

Still, unless subsequent cases force the court to hand down specific rules, the decision will likely make it easier for  companies to protect innovations.

Special to Innovation America by Dr. Janice Presser, CEO, The Gabriel Institute

Notice that I am making a statement, not asking a question.  There is no question about it.  Interviews suck.  And it doesn't matter if you are the interviewer, the interviewee, or someone else who's been sucked into the process.

There are three simple reasons.

First, interviews are very much like blind dates.  Both sides get a lot of hype upfront, and most of it is inaccurate or misleading.  Think back to the last time you bought-in to: "…and he's so good to his mother" or "…but she has a wonderful personality."  Is that any different from "…he's an undervalued property" or "…you'll really grow with this company"?  The bottom line is that interviews are a form of assessment, and no matter how structured or 'fair' you think you are being, they are neither standardized nor objective.  Even if you are using 'behavioral interviewing' techniques, the information you retain about each candidate will still have been filtered through your personal frame of reference and unconscious biases.  And just like the date who seemed like a perfect 'fit' - until their quirks, or their temper, or some other 'undocumented features' began to show up - there are people who have become experts at getting hired by NOT being themselves during the interview process.  (Did you know there are dating coaches and interview coaches that drill people in how to 'get lucky'?)

Second, for various reasons, the scales tend to tilt in favor of people who are least likely to be great team players.  Poorly defined job scope?  Insufficient resources?  Unrealistic performance expectations?  A great team player will raise relevant issues for discussion.  A bad team player will tell you just what you want to hear.  To make matters worse, all parties to the interview process have the same desired outcome, which no one will openly admit: they just want to get it over with!

    •    For HR or a staff recruiter, the harder the hiring manager is to deal with, the stronger this desire becomes. 
    •    For an external recruiter, the desire to close and move on is variable: retained search, "No problem";  contingency, "Excellent choice! When will my check be mailed?"
    •    The interviewer(s) will push for rapid progress to the 'right' decision, despite the fact that the same process has proven faulty in the past.
    •    And lastly, the candidates (depending on their employment status, how shaky they think their present situation is, and any number of other factors) want a job, a great job, the perfect job, or at least one that they can survive until they land somewhere else.  All this pressure favors candidates who are easy to 'fall in love with' instead of the people who are the most capable of adding value to the team.

Third, the very best person for the job rarely gets picked.  Why?  Let's go back to dating for a moment. Did you know that the surest way to hook up with the wrong person is to look for someone who matches your personal 'want list'? (This is a fact based on research, not folklore.) Think about it: can a list of experiences, skills, and physical attributes predict the quality of interpersonal behavior? Certainly not!  In order to get a positive I.D. on a 'good team-player', you need to know something about how the person will behave when working with others to overcome obstacles and achieve common goals. Unfortunately, that's not what we get from interviewing.  

First there are the interminable screenings to match candidates to a 'job req', i.e., the 'want list'. And since screening is rarely done by the person doing the hiring, persons with slightly different - yet truly unique and excellent - qualifications usually get kicked to the curb. The longer and more complex the interview process, and the more people involved, the more likely the process will produce a lowest-common-denominator selection. (Example: we know of a senior level executive who worked for well over a year to convince a competitor's top salesman to 'jump ship', only to lose this guaranteed star player in an off-target and humiliating (for the candidate) intra-departmental 'stress interview'.  Bottom line: interview survivors may be the ones who best tolerate non-productivity, who thrive on petty corporate politics, and/or who blow the biggest smokescreen.

As the saying goes, "If you keep on doing what you've always done, you'll keep on getting what you've always got." If you want productive teams, you need to be able to identify the best team players. Now there's a way to do that BEFORE you make big investments in a questionable interview process and risk a long-term commitment to the wrong person.   

Some aspects of interviewing may always suck, but the outcomes will be a lot better if you limit it to the candidates who really know how to 'team'.

Dr. Janice Presser is CEO of The Gabriel Institute, which has created Role-Based Assessment: the completely new way to predict how someone will work on a team. She offers readers of Innovation America a 'no cost solution' for a hiring problem.  Contact her at This email address is being protected from spambots. You need JavaScript enabled to view it..
 

I recently had the privilege of speaking at the Technology Tasmania 2010 Conference in Hobart organised by TASICT. The conference was an excellent event, with strong local support and keynote speakers from around the country and overseas.

During the final panel session, a young entrepreneur asked me an interesting question, “If Twitter hadn’t happened yet and you had the chance to invest in it at start-up, would you?”

As it turns out this is quite relevant as I did have the chance to invest in Twitter during a very early funding round through my own networks in Silicon Valley.

I turned the offer down.