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Segment 1: A mistake does not mean failure. Neil and Barbara point out
that it's only when we refuse to admit our mistakes or blame someone else for
them that we fail. Accepting rational criticism for our blunders enables us to
avoid repeating them. Helen Cheng, manager of conservation finance for
the San Diego Zoo, explains the concept of biomimicry and how nature provides
endless inspiration for significant innovation.
Segment 2: : Baxter Healthcare chose to take a nap when their VP of
Research and Development, Peter Farrell, PhD, DSc, AM, demonstrated a
new medical device aimed at treating sleep disorders. Farrell describes how he
and a team of investors purchased the rights, and 20 years later, ResMed has
more than 3,500 employees and about $1 billion in annual revenue. Bouncing back
after the bailouts-- Neil and Barbara share their frustration and thoughts
about the current economic situation and proposed “solutions.”
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