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Making Innovation Pay: Driving the Move from Innovation-Talk to Innovation-Do

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On May 31st, 3pm CET IM Channel One will host an Expert Panel Discussion on making innovation pay - providing you with new methods to increase the rate of innovation, reduce individual level costs per innovation and encourage fail fast methods. This session is all about unusual ways that....
Illustration by Anna Lena Schiller

Part 5: Choice Navigation: Turning Burden of Choice into an Experience

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When providing a customizable product how can a firm minimize the burden of choice and maximize the customer joy resulting from the co-creation process? In part five in this series on mass customization Professor Frank Piller explains how to turn choice complexity into customer experience and loyalty.
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Reimagining Media & Entertainment through Collaborative Innovation

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Established firms in the media & entertainment space struggle to prosper in the Digital Age. New business models, enlivened by technology, erode traditional sources of profit. What possibilities for reimagining the business exist? In this article, innovation architect Doug Collins suggests one avenue to pursue: consider the benefits that....
Illustration by Anna Lena Schiller

Part 4: Robust Process Design: Fulfilling Individual Customer Needs without Compromising Performance

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Offering customized products is a strain on a company's resources. What are the different ways that you can minimize the deterioration in the firm’s operations and supply chain? In part four in this series on mass customization, Frank Piller and Fabrizio Salvador explain the robust process design - whereby....
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How to Create an Innovation Mission Statement

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Often individuals and organizations tend to get stuck in the mode of talking about innovation and/or trying to understand innovation. The only way to really know innovation is to do innovation, and learn from your mistakes along the way. In this article Harun Asad suggests preparing an Innovation Mission....
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9 Different Models in use for Innovation Governance

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Research from Jean-Philippe Deschamps, Professor of Technology and Innovation Management at IMD, indicates that there are at least nine possible models of innovation governance, some of which are more widely used than others. This second article in a series of three on the topic of Innovation Governance will....