Strategies

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    9 Ways to Elevate Your Business Performance with Mind Mapping

    February 10, 2016 | By:

    How can mind mapping help businesses elevate performance and strive towards innovation? Every entrepreneur or business professional will agree that an exceptional business performance is what drives the company and exemplifies a solid base for success, amongst great competition and fast moving markets, always hungry for innovation and groundbreaking products or services.

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    Breakthrough Methods for Visioning

    February 3, 2016 | By:

    Creativity as a concept remains hard to pin down. Many view the ability to find creative solutions as the pinnacle of creative leadership. Artists, designers, visionaries and thought leaders are all admired for the power of their ideas, i.e. for their creativity. Creativity is a well-researched topic, covered in many popular science and business economics books. Yet we continue to struggle with the mystique created around the topic, and the intimidating notion that this is a territory reserved for the so-called “Creatives”.

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    A Compelling Value Proposition: The Missing Tool in Your Lean Startup Kit

    January 26, 2016 | By:

    Eric Reis first introduced the concept of Lean Startup in 2008. Today Lean Startup is deployed far beyond entrepreneurial circles and is taking root in large, complex organizations looking to improve their new product success rates – and in the process build lean cultures. This is very good news. Too often the processes corporations use in pursuit of innovation can actually erode their capability to innovate. Still, when applying the principles of “Build – Measure – Learn” to initiating Lean practices in corporations, there is room for improvement…and possibly even for a pivot.

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    Getting Innovation to Scale – Networks (part 2 of 3)

    January 13, 2016 | By:

    Through scaling, smart movers can quickly build substantial market shares – or define entirely new markets. To help understand scaling we have divided it into three main areas: Emergence, Networks, and Waves. This article is on Networks, the second in a series of three.

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    Challenging a Vision by Reframing

    December 9, 2015 | By:

    An insignificant island in the Indian Ocean can turn out to be the world’s largest ocean economy. It’s all a matter of perspective, depending on the frame with which we look at the world. The assumptions on which this frame is based are usually unexamined and often wrong. They aren’t the only truth out there. Take the Mauritius, a small island with a tiny GDP and little economic potential, facing rising sea levels. But it’s also in a huge ocean area with sustainable ocean mining opportunities, and a potential high leverage economy. By challenging our initial assumptions, we can reframe that first belief towards a whole new perspective. Why? It helps us see great opportunities for innovative business models and for innovation leadership.

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    Innovation Through Clean Sheet Redesign

    November 11, 2015 | By:

    Clean sheet redesign is the method of rethinking existing businesses from the ground up. For established companies, this is a way to innovate processes by asking the right questions about current practices. For start-ups working on a clean sheet, they can apply similar techniques to disrupt existing models, while taking inspiration from existing success stories from other industries. What can start-ups learn from innovation from a variety of industries, such as airlines and mining?

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    The Serious Job of Prototyping

    November 4, 2015 | By:

    Things have definitely gotten out of hand. Executives in suits are rummaging around in the LEGO box, a tall man is putting on a wig and speaking in a high-pitched voice, and a group has hijacked all the furniture to build what looks suspiciously like a fortress. Not a scene from an asylum, but the Prototyping phase of THNK’s Innovation Flow. It’s time to turn new ideas and visions into something tangible, a product that can be used and tested, broken up and rebuilt a dozen times. For innovation leadership, this is a crucial step in the creative process.

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    10 Best Board Practices on Innovation Governance – How Proactive is your Board?

    October 19, 2015 | By:

    All global business and technology trends point in the same direction: there is a need for more proactive and far-sighted management of innovation. Innovation for business reinforcement and growth – and for transformation in particular – are, of course, the prime responsibility of top management. Innovation governance – a holistic approach to steering, promoting and sustaining innovation – is thus becoming a new management imperative.

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    How does Going Public Affect a Firm’s Innovation Behaviour?

    October 5, 2015 | By:

    Are private companies more innovative than public companies? What happens to an innovative start-up which goes public? Will the same team of people who were so agile and entrepreneurial in the start-up become even more innovative once they have some capital and recognition behind them? Apparently not.

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    5 Advantages to Crowdsourced Innovation Management

    September 28, 2015 | By:

    At the beginning of the twentieth century, research and development was a highly guarded and elite practice. Imagine laboratories peopled by white-coated scientists who had passwords to protect the doors to their office. This kind of research and innovation was highly successful for a long time – it gave us electrocardiography, DNA fingerprinting, and many Apple products.

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    How to Start ‘Riffing’ – 9 Pointers for Co-creation

    August 26, 2015 | By:

    Riffing is an exciting way to co-create and an essential aspect of creative leadership. In this article about co-creation we explore the main mental blockers and enablers to riffing, and nine surprising practical pointers to tap into this power.

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    Design Thinking + Business Model Innovation

    August 25, 2015 | By:

    There has been a lot of buzz around designing new and innovative business models. But what does it mean to design a new business model? How do you apply design thinking to business model innovation?

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    3 Reasons Crowdsourced Innovation Is Difficult

    August 24, 2015 | By:

    David Alan Grier wrote in Crowdsourcing for Dummies “the hardest part of crowdsourcing is raising the right crowd.” It is one of the realities of crowd ideation that continues to hold true – that if you can’t draw a crowd to help you generate innovative ideas, then you’re not evolving beyond the traditional closed approach to innovation.

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    The Product of The Future

    August 21, 2015 | By:

    What will the product of the future be like – and how will it be different than today’s products? Generally, all products will become part virtual, part physical. They will be connected, reconfigurable and – hopefully – smart. Also, the business model for their manufacturers will be dramatically different.

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    Visioning – 7 Essential Characteristics

    August 5, 2015 | By:

    The process of visioning may seem both daunting and mysterious. Indeed, it is in no way a straightforward method and there are always rocky rapids to navigate. An understanding of the make-up of this journey will create better results for this process to be a success.

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