May 24, 2017 | By: Paul Sloane
Surveys show that the large majority of senior executives see innovation as critical for their businesses but what if you want to make your organization more agile and innovative where should you start? You could launch a big initiative with grand statements, training classes and an ideas scheme but you tried all those last year and they fizzled out. It is better to begin with a brutally honest assessment of what is preventing innovation from happening today.
May 19, 2017 | By: Alex Barclay
Nobody doubts that design can be powerful. But while words and phrases like ‘design thinking,’ ‘agile’ and ‘lean’ may be officially welcome in the boardrooms of Deloitte, Accenture, PWc, McKinsey and similar firms, I believe that the full potential of design has been neglected and these terms misappropriated.
May 16, 2017 | By: Ryan Ayers
Globalization is great for business: it opens up new markets and allows businesses to bring in revenue and talent from all over the world. However, the first steps into international expansion can be fraught with growing pains, forcing companies to waste time and money on efforts that don’t gain any traction in foreign markets. To avoid this, company leaders have to get ready to embrace change and innovation outside their normal comfort zone. Here’s why it’s important to get comfortable with discomfort when you’re considering international expansion.
April 18, 2017 | By: Chris Sherwin
Today’s innovation rules were forged in a world that paid little attention to sustainability, where profit was separate from this higher purpose. Yet the disruptive nature of sustainability must surely change the way we innovate too. We must continue to reinvent our innovation processes to ensure it is fit for a changing world, in the five ways highlighted here.
April 17, 2017 | By: Rob Hoehn
When it comes to implementation there are three things that companies ought to be thinking about in order to maintain a competitive advantage: process, feedback, and the importance of having multiple stakeholders from the beginning. Learn more in this Open Innovation Guide from IdeaScale.
April 11, 2017 | By: Anthony Ferrier
Progressive business leaders are building innovative actions, climates and ultimately cultures that align with “brain-friendly” science. In this article we outline some steps that you can take to support this kind of innovative organization.
April 5, 2017 | By: Jason Grills
Running after perfection can hinder your project’s success, despite your best intentions and efforts. Generally speaking, your project scope must align with its time and budget – a rule that doesn’t play well with the pursuit of perfection from start to finish. In this article, we’ll look at why perfection shouldn’t be your ultimate goal – but how to still satisfy your inner perfectionist as a project manager.
April 3, 2017 | By: Rob Hoehn
Regardless of whether the workplace is a public or private entity, departments often struggle to prioritize assigned projects, and align individual projects with overall objectives. In this case study, we’ll explore how the National Cancer Institute implemented crowdsourcing to enable the research community and the public to submit ideas on how best to prevent, diagnose and treat cancer – and how as a result, they were able to prioritize existing research and initiatives into areas where additional resources were needed the most.
March 23, 2017 | By: Paul Vanags
This case study explores the results of an innovation research process undertaken by Oxfam, which compared internal feedback vs. general public feedback to identical sets of ideas. In comparing responses between these two audiences, Oxfam discovered an immediate and obvious divide between their staff’s opinions about which fundraising ideas would perform the best, versus what the general public preferred – an important lesson about avoiding the bubble of the echo chamber.
March 22, 2017 | By: Sujain Thomas
Big data is becoming increasingly vital to business scaling and competition. In this article, we’ll introduce you to the three V’s of big data – volume, velocity, and variety – and discuss the many ways your company can benefit from incorporating big data into decision making, product development, audience analysis, and much more.
March 20, 2017 | By: Rob Hoehn
An in-house innovation program is becoming a common fixture in the most competitive organizations. However, in a recessed economy, these research & development programs can sometimes get eliminated, because they struggle to prove or articulate value.
March 8, 2017 | By: Ryan Ayers
Before investing in your company’s innovation development, it’s important to develop a strategy for collecting and evaluating ideas. Having guidelines in place to thoroughly vet ideas, value diverse opinions, prioritize scalable and sustainable results, and other areas of innovation management can set you up for success over the long term.
February 27, 2017 | By: Laszlo Gyorffy
Embracing an intrapreneurial mindset, which intentionally disrupts things from the inside out and often from the bottom up, is a radical concept for companies that thrive on stability and predictability. However, if an enterprise is committed to developing its innovation capability through intrapreneurship, three groups of people must be mobilized to make it happen: leadership, stakeholders, and innovation support.
February 20, 2017 | By: Rob Hoehn
Sustainability is one of the key emerging trends in recent years. But much like innovation, it is a maturing discipline with few established business practices and lots of evolving methodologies. Sustainability champions at organizations often face the same challenges that innovation champions do: lack of senior level buy-in, lack of process, lack of resources. The benefits of successful sustainability and successful innovation are similar, as well: a competitive advantage, improved profit margins, and better brand sentiment from employees and customers.
February 16, 2017 | By: Damien Nunes, Dominik Mahr, Rosanne Gresnigt
Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.