Mar 14, 2012 | By: InnovationTools.com
The discovery of aluminum is a perfect example of a once-scarce resource that became suddenly cheap and plentiful, thanks to advances in technology. This kind of disruptive innovation is becoming more commonplace, which means the world will soon be enjoying abundance on a scale never seen before in human history, predict Peter H. Diamandis and Steven Kotler in their new book Abundance: The Future is Better Than You Think.
Mar 07, 2012 | By: InnovationTools.com
This year, more respondents to MIT’s Sustainability and Innovation Global Executive Study say sustainability is on their company’s management agenda.
Mar 06, 2012 | By: InnovationTools.com
The mantra of the past decade has been innovation. A widespread expectation, or hope, has been that innovation will help companies to align with the new economic order in a confusing world.
Feb 15, 2012 | By: InnovationTools.com
Product innovation is not simply about generating new ideas. It is a complex process, and many organizations struggle with the design and implementation of an effective innovation strategy that yields measurable results over the long-term. Sustained growth and profitability can be achieved through the integration of three critical levels: People, processes and tools.
Feb 01, 2012 | By: InnovationTools.com
By understanding the structure of talent networks within companies, managers can foster more effective collaboration and innovation.
Jan 25, 2012 | By: InnovationTools.com
In order for innovation to flourish in your organization, a culture of trust and openness must be established. Not just lip service to these values, but it needs to be reflected in compensation structures, the ways in which mistakes are handled and how openly ideas are shared, says Jim Clemmer.
Jan 09, 2012 | By: Jim Clemmer
Customer and market research, competitive benchmarking, and focusing on market share could be detrimental to your organization’s future performance. These approaches are critical improvement tools. Top performing organizations have turned them into a disciplined and useful science. But they can also lead to “me-too” followership or – even worse – commodity products and services that compete only on price.
Jan 05, 2012 | By: InnovationTools.com
A variety of human group behaviors can undermine innovation. For best results, we need to be aware of them and mitigate those that can derail innovation efforts.
Dec 28, 2011 | By: InnovationTools.com
A small number of idea scouts and idea connectors are disproportionately influential in producing successful open innovation outcomes. Smart companies make sure they are linked.
Dec 20, 2011 | By: InnovationTools.com
By combining physical and digital elements in our innovation experiments, we can often uncover significant opportunities that weren’t apparent before. Dan Keldsen shares a fascinating example from a retail setting.
Dec 14, 2011 | By: InnovationTools.com
Kay Plantes never thought toilets could be so interesting. During a recent trip to China, she realized that they provide a rich example of thinking beyond one product when pursuing innovation.
Dec 13, 2011 | By: InnovationTools.com
Innovation and organizational learning are inextricably connected. A company must learn from its mistakes and cultivate multiple pathways for recognizing and leveraging the best ideas effectively, whether those ideas come from inside or outside of the organization, says Jim Clemmer. Here are 35 ways to sharpen your organizational “innovation radar,” to accelerate learning cycles and recognize and capitalize on opportunities faster.
Nov 30, 2011 | By: InnovationTools.com
Research shows that consumers collectively generate massive amounts of product innovation. These findings are a wake-up call for both companies and consumers — and have significant implications for our understanding of new product development.
Nov 23, 2011 | By: Joachim von Heimburg
The Law of Averages is a widely-accepted concept of cold calling in sales. But it also applies to innovation. Jim Clemmer explains how.
Nov 16, 2011 | By: Jeffrey Baumgartner
Truly innovative companies do not aim to be innovative. Rather they relentlessly strive to follow a unique strategy, says Jeffrey Baumgartner.