Innovation is Not Enough

The idea that successive waves of innovation are the main driver of long-term performance in a new or emerging business—or an existing one, of course—appears to be sound when viewed in the abstract. Clearly, innovations in technology, processes, and methodology have occurred, sometimes dramatically, in the U.S. and world economies. Whole new businesses emerged over the past two centuries as advances in manufacturing, transportation, services and communication came in sometimes rapid, succ...

 The Cuttlefish Uses Art to Hunt

The cuttlefish is mostly soft-bodied; the crab is all armor. As the cuttlefish approaches, the medieval-looking crab snaps into a macho posture, waving its sharp claws at its foe’s vulnerable body. The cuttlefish responds with a bizarre and ingenious psychedelic performance. Weird images, luxuriant colors, and successive waves of what look like undulating lightning bolts and filigree swim across its skin. The sight is so unbelievable that even the crab seems disoriented; its menacing gestu...