lessons learned

  • Two Ingredients for Pursuing Externally Focused Innovation

    Two Ingredients for Pursuing Externally Focused Innovation

    February 4, 2014 | By: | In: Strategies

    Organizations increasingly seek new forms of innovation—and, for themselves, transformation—by engaging in co-creation with the suppliers, clients, and consumers that comprise their value streams. What insights might be gained from organizations that have begun to realize their potential for leadership by embracing openness as a core element of their charter? In this article innovation architect Doug Collins reflects on the progress that the Beijing Genomics Institute (B.G.I.) has made on this front. What lessons does B.G.I. have to teach organizations that decide to paddle with the Digital Age currents as opposed to against them?

  • The Case of Vestas Wind Systems

    The Case of Vestas Wind Systems and Peter Drucker’s Five Deadly Sins of Business

    June 19, 2013 | By: | In: Enabling Factors

    The Nordic countries have a high number of start-up companies but are struggling with scaling their entrepreneurs, start-ups and innovations to global large-scale operations and companies. Yet, one Nordic company namely Denmark’s Vestas Wind Systems managed to become world-beater within the global wind turbine industry. But but after 2008 Vestas has experienced a near death experience and is struggling for survival. Vestas’ story holds important lessons for other Nordic companies, not only within the renewable energy industry. It will here be argued that had Vestas paid more attention to what the management guru Peter Drucker labeled the five deadly business sins Vestas might have avoided getting into dire straits.

  • Understanding your Innovation Culture – Case-Study from Swisslog

    Understanding your Innovation Culture – A Case-Study from Swisslog

    March 25, 2013 | By: | In: Organization & Culture

    InnovationManagement is delighted to present a brand new Case Study highlighting the challenges of creating an innovation culture that: supports new product/service development initiatives, facilitates the creation of idea campaigns, spurs employee engagement and develops business value. In this article, Colin Nelson, Director of Strategic Consulting at HYPE Innovation, delves deeper into how collaborative innovation challenges were identified, managed and successfully overcome at Swisslog.

  • How Companies Tap the Potential of Innovative Users - Four Examples from Germany

    How Companies Tap the Potential of Innovative Users – Examples from Germany (Part II)

    January 14, 2013 | By: | In: Enabling Factors

    While the previous two methods – Netnography and Social Media Solution Scouting – outline the potential of passive methods in using the power of social media for innovation, the next two approaches enable companies to interact with consumers. Configuration Tools as well as Innovation Contests invite users outside the company’s four walls to become an active part of new product development. In part two of this article you will learn how Audi and Henkel empowered the crowd and turned them into co-producers.

  • How Companies Tap the Potential of Innovative Users

    How Companies Tap the Potential of Innovative Users – Four Examples from Germany

    December 4, 2012 | By: | In: Enabling Factors

    Open innovation has found its way into companies’ innovation processes and is a widely used approach to spur collaborative innovation with consumers. A multitude of methods and tools have come into being, creating confusion about how to make the most out of users’ knowledge and creativity. This article provides innovation managers with insights into four popular open innovation practices at four German blue chips and contrasts the various approaches.

  • Innovation Management from around the web

    Small Business Innovation Lessons From 3 Big Companies

    September 13, 2012 | By: | In: Around the Web

    What can small business learn from big business when it comes to innovation? Plenty, if the big businesses are recognized innovative giants. The New York Times recently took a look at how Google, GE and DreamWorks encourage innovation. Here are some valuable lessons for businesses of any size.

  • Edmund Hillary on Mount Everst. Photo credit: Mikel Agirregabiria

    Being First: Ten Innovation lessons from Mount Everest

    August 30, 2012 | By: | In: Front End of Innovation

    Reaching the highest point of the Earth is one of the greatest expeditions of mankind. It made Edmund Hillary famous. After reading Hillary’s ‘View from the Summit’ Gijs van Wulfen shares ten innovation lessons on being 1st.

  • touchfire

    The Perils and Possibilities of of Crowdfunding

    August 14, 2012 | By: | In:

    Just because you can create a crowdfunding campaign for your next Big Idea doesn’t mean you should, as book author Glenn Fleishman recently discovered.

  • mars-rover-curiosity-250px

    Leveraging Ideas: What can you Learn from NASA’s Latest Mars Lander?

    August 7, 2012 | By: | In:

    One important question for innovators on a tight schedule: why invent from scratch when borrow for free? Designers and engineers for rover Curiosity have taken that lesson to the max.

  • Innovation Management from around the web

    How Innovation Almost Bankrupted LEGO – Until It Rebuilt with a Better Blueprint

    August 1, 2012 | By: | In: Around the Web

    The story of toymaker LEGO is a cautionary tale for innovation practitioners. After years of producing snap-together toys with little product innovation for many years, the company went on an innovation binge in the early 2000s that nearly bankrupted it.

  • lolo-jones-250px

    Innovation Lessons from Olympic Athlete Lolo Jones

    July 3, 2012 | By: | In:

    The 2012 London Olympics are almost here. What can we learn about innovation from the athletes who are hard at work, training to be the best and represent their countries? U.S. hurdler Lolo Jones provides an important insight.

  • Innovation Management from around the web

    The Value of Co-creation: The story of Rally Software and Getty Images

    June 13, 2012 | By: | In: Around the Web

    The teams at Rally Software and Getty Images demonstrate the kind of business relationship that is possible, and likely necessary, to be a success in business today. Theirs is a story of co-creation. Rally is an agile project and program management technology and services company.

  • Photo credit Lady Madonna

    A Lesson in Innovation – Why did the Segway Fail?

    May 2, 2012 | By: | In: Column & Opinion

    The Segway PT is a two-wheeled, self-balancing battery electric vehicle invented by Dean Kamen. It was launched in 2001 in a blizzard of publicity. Yet it has failed to gain significant market acceptance and is now something of a curiosity. In this article Paul Sloane takes a look at what lessons to be learned from the failure.

  • Hans_Watson_Photography

    The Bouillon Soup Lesson: You Cannot Innovate Alone

    April 4, 2012 | By: | In: Front End of Innovation

    It is often in the commencement of one’s career that simple mistakes are made. Whether it’s a result of inexperience, blinding enthusiasm or fearlessness doesn’t really matter, as long as the lesson learned serves you, and others, well. Gijs van Wulfen shares a constructive experience from his first innovation position.

  • time-tunnel-250px

    The Problem with Open Innovation Web Portals

    March 21, 2012 | By: | In:

    Michael Fruhling doesn’t like open innovation portals, in general. What’s his problem with them?

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