January 2, 2017 | By: Diederik Syoen
Although ‘open innovation’ is the talk of the town in R&D circles, leveraging external sources of innovation remains challenging for most companies. In 2013, researchers Dr. Joel West (Keck Graduate, Institute of Applied Life Sciences) and Dr. Marcel Bogers (University of Southern Denmark) suggested a four-phase model for inbound innovation projects. They emphasized that open innovation needs to go further than just obtaining external ideas. Integration, commercialization and the interaction between the firm and its collaborators are just as important. This post explores the four essential steps towards open innovation success.
December 21, 2016 | By: Edoardo Binda Zane
If you have an innovative culture already in place (meaning you’re working with stuff like agile project management, design thinking, lean, etc.) perhaps it’s time you consider Applied Improvisation Training. If instead you are a static and uncommunicative company, Applied Improvisation may even work against your innovation efforts. Edoardo Binda Zane explains more.
December 20, 2016 | By: Colin Lough
Innovation: We all have seen the biggest, most successful companies talk about it and share their success stories. We have read about it in the latest business journals and magazines. We all want it in our organization but the right recipe with the right ingredients is often elusive. In this article we will share different views and discuss key ingredients required to create, execute, and innovate in your organization.
December 19, 2016 | By: Rob Hoehn
The election of 2016 will certainly be one for the history books. Regardless of your political leanings, there was one sure thing to celebrate during this election cycle. The Innovate Your State Fix California Challenge—a crowdsourcing campaign aimed at promoting public participation in order to determine ways to improve government—had an initiative on the ballot in California!
December 9, 2016 | By: Claire Holland
Everyone knows about ROI, as in “return on investment.” But for evaluating the success of an experiential brand event or marketing campaign, businesses should take an equally close look at ROI, as in “return on innovation.”
December 5, 2016 | By: Rob Hoehn
For many years, companies were convinced of the competitive advantage of closed research and development. They jealously protected their intellectual property behind closed doors and dramatically revealed it to the public after years of development. This old model has since been replaced by open innovation.
November 24, 2016 | By: Stefan Jordev
Project managers are often dealing with loads of stress coming from all fronts, such as the pursuit of deadlines. Pressed by senior managers to deliver, project managers may find themselves resorting to risky shortcuts to make ends meet. Here are some ways to manage these risky shortcuts in project management.
November 22, 2016 | By: Katie McBeth
Innovation may have a different meaning for every individual, but the true key to thinking outside the box lies in a diverse mindset. Allowing diversity into a business plan can be the secret to succeeding and achieving greatness. Don’t just take my word for it; evidence backs it up too.
November 21, 2016 | By: Rob Hoehn
Most startups hope to disrupt their markets by delivering a novel idea or a more-suitable functionality—frequently at a lower price. Disruptive Innovation may be how your company arrives, but ultimately, as competition grows and your business and brand evolves, you will need incremental innovation to stay relevant.
November 17, 2016 | By: Paul Hobcraft
Today we have to “think China” when it comes to looking for the dynamism within Ecosystems and Platforms. They are leading, exploring and extending the thinking beyond our more limited ambitions in the West. It is the environmental conditions coming together or being explored and exploited that make China stand out in its dynamism in this area.
November 16, 2016 | By: Sara Upton
The IoT (or “Internet Of Things”) is becoming a more popular topic of conversation these days. Many have already realized this with regard to individual use (say, through fitness trackers) or “smart homes.” But the IoT can also have a huge effect on the workplace – here’s how.
November 14, 2016 | By: Laszlo Gyorffy
To gauge the innovation capabilities of an enterprise, it is helpful to apply a systematic method for assessing the quality of, and the relationship between the various and distinct dimensions that drive all functions of the enterprise. As with a sports team, simply having talent does not ensure success. It is the quality of the team work which ultimately elevates or hinders the level of their play.
November 2, 2016 | By: InnovationManagement
Are you trying to transform something? Most of us are. In fact, data shows that at least 68% of organisations have moderate to significant transformations in their 2-3 year plan. In this short talk, Penny Weller, Senior Director at the Hackett Group, talks about continuous process improvement and strategies to create sustainable transformations and improvements your business and in the world around you.
October 31, 2016 | By: Greta Hayes
Do you ever find yourself stuck in a meeting that’s stalling? Does the agenda seem to accomplish no tangible outcomes? Perhaps you find yourself wondering what’s next after an important summit, or frustrated with the lack of direction after a meaningful brainstorm or discussion.
October 27, 2016 | By: Stefan Lindegaard
Many leaders of corporate innovation efforts struggle to get the support they need from executives higher up in the organization. Top executives can be skilled at talking the talk about innovation, especially in public venues, but frequently fail to walk the walk when it comes to making key choices that determine whether an innovation project will happen or die on the vine.