Evolutionary Change vs. Revolutionary Change

I often talk about Evolutionary change vs. Revolutionary change. All products and companies need to change to survive. They need to get better, cheaper and faster at what they already do today. An effective company develops ways to evolve over time.  Your competition is also evolving.  They do not sit around and do nothing, as much

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Entitlement in Society (Part 3): Diminishes Quality of Life

“From each according to his ability, to each according to his needs,” a slogan Karl Marx popularized.  This is not a new enlightened idea; it’s the basis of communist philosophy.  It sounds almost identical to what I am hearing in the CNN article “Are Jobs Obsolete?” , which prompted this three part blog series. It’s

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Entitlement in Society (Part 2): Stunts Growth

In my last post we introduced the disturbing CNN article, “Are Jobs Obsolete?,” and discussed how the premise that most Americans don’t need to work would negatively impact individuals’ happiness and self-esteem.  Now, in the second of a three-part blog series on entitlement in society, we’ll discuss why making jobs obsolete would stunt our country’s growth. The article makes

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Entitlement in Society (Part 1): Destroys Happiness

I recently read one of the most disheartening news pieces I have ever seen: “Are Jobs Obsolete?”  Not only was it on the front page of CNN’s website, but more than 37,000 people “liked it” on Facebook.  The article’s premise boggles my mind: the US is so productive that we shouldn’t worry about unemployment rates.

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The Beginning of a Healthcare Market

For years, I have said that the issue with healthcare is it does not act like any other market.  Other industries have competition based on price and quality.  If your price is higher, but your quality or product is better, some people will buy it.  If your price is the lowest, some people will buy

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Steve Jobs: Good Enough Was Never Good Enough

We lost one of the great business leaders and innovators of our lifetime. His sister’s eulogy captures his private life as a father, a husband and a brother. For me, Steve Jobs’ passing was the loss of a personal inspiration and an intense competitor (explained below). Everyone talks about Jobs’ amazing impact on various industries. And it’s true,

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ICD-10: Healthcare’s Y2K?

Injured while crocheting? Hurt at the opera house? Dinged on the squash courts? From hidden perils to the most random brush with nature, when injuries strike in the future, there will be a code so specific to your injury it is almost comical. Today, hospitals and doctors work with 18,000 codes, but that number is growing

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