Innovate Like Edison (Review and Analysis of Gelb and Caldicott's Book)

By BusinessNews Publishing

The must-read summary of  Michael Gelb and Sarah Caldicott's book: "Innovate Like Edison: The Success System of America’s Greatest Inventor"

This complete summary of the ideas from Michael Gelb and Sarah Caldicott's book "Innovate Like Edison" shows that Thomas Edison is the greatest innovator in American history: he generated a record-breaking 1,093 US patents and 1,293 international patents over 62 successive years. He founded the world’s first research lab and General Electric. These have formed the basis of some of today’s billion dollar industries. This summary shows the results of the research of Edison’s competencies and strategies. It suggests that his exceptional innovations skills are based on five competencies and twenty-five best practices. It recommends such strategies as developing a solution-centered mindset, harnessing mastermind collaboration and focusing intensively on creating value. These general suggestions are broken down into practical measures: it explains how to create the best multi-disciplinary teams, and why you should recruit the best possible people. They believe in rewarding collaborators generously, and discuss the best ways to network. "Innovate like Edison" also includes tactical, long-term advice, such as when to consider up-scaling. 

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To learn more, read "Innovate Like Edison" and discover Thomas Edison's systemic approach, and how to implement it.

• Language: English
• Publisher: Business Book Summaries
• Release date: Feb 15, 2013
• ISBN: 9782806247292

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Book Presentation Innovate Like Edison by Michael Gelb and Sarah Caldicott

Book Abstract

About the Author

Important Note About This Ebook

Summary of Innovate Like Edison (Michael Gelb and Sarah Caldicott)

Competency #1 – Have a solution-centered mindset

Competency #2 – Use kaleidoscopic thinking

Competency #3 – Apply full-spectrum engagement

Competency #4 – Harness master-mind collaboration

Competency #5 – Focus intensively on creating value

Book Abstract

MAIN IDEA

By any measure imaginable, Thomas Edison is the greatest innovator in American history:

He generated a record-breaking 1,093 US patents and 1,293 international patents over 62 successive years.

Many of Edison’s inventions have gone on to become the basis for what are today vast multi-billion-dollar worldwide industries.

He established the world’s first industrial research laboratory and a systematic process for innovation.

Edison founded General Electric and pioneered the lighting, phonograph, movies, batteries and cement industries.

Obviously, Edison knew how to innovate. He based his entire innovation success around five competencies. Within each of these competencies, five essential elements can also be identified as building blocks or best practices Edison used. Taken together, these five competencies and twenty-five elements provide a blueprint for innovating like Edison.

Thomas Edison invented systematic innovation and there is much to be gained by revisiting his methods and making them relevant to the challenges we face now. Edison was, of course, an exceptional genius, but the greatest product of his genius was the establishment of a systematic approach to success that he believed anyone could emulate.

– Michael Geb and Sarah Caldicott

About the Author

MICHAEL GELB is a business consultant, author and public speaker. He specializes in the application of genius thinking to personal and organizational thinking. He is recognized as a pioneer in the fields of creative thinking, accelerated learning and innovative leadership. His consulting clients have included DuPont, General Electric, Microsoft and Nike and