Social Product Innovation Challenges: Business Processes

Recent data from the Industrial Research Institute (IRI) shows a sharp rebound in planned R&D spending. After the past few years of operating with reduced budgets and staff, companies are finally starting to make the R&D investments they need to ramp up the innovation and product development activities that will help them achieve their growth goals.

What is Business Model Innovation and How Can you Implement it?

Business model innovation is a potentially powerful strategy for growing your business in the current recessionary economy. In this article, Jeffrey Baumgartner provides a helpful overview of it, and outlines some ways in which your organization may be able to leverage it.

Engaging Collaborative Innovation’s Losers

Change benefits some more than others. The practice of collaborative innovation, which by design offers transformative change, is no different. In this article innovation architect Doug Collins advises campaign teams on engaging people who find themselves on the losing end of the practice. Ignoring their concerns jeopardizes the initiative.

How Design Thinking Can Enrich Business and Marketing Innovation

Design empowered innovation combines the best of right and left brain thinking. It has the capacity to deliver better ideas, with more relevance, realized earlier. By focusing on individuals, moments and journeys in ethnography, insights become deeper. By embracing chaos and play in brainstorms, creative teams can explore further. By iterating and early prototyping, ideas become real and develop more rapidly.

Open Data Strategy by the EC: “The best way to get value from data is to give it away”

The European Commission (EC) has launched a new open data strategy that will see a vast number of datasets owned by public authorities released to the public. The EC anticipates that the data will see businesses make money from new smart phone apps that may include maps, real-time traffic information or price comparison tools for example. The strategy is expected to boost to the EU's economy by €40 billion each year.

2019-10-15T15:09:12-07:00December 23rd, 2011|Categories: Blog Archive|Tags: , , |

Pulp Innovation Chapter XL: Protecting IP in an Open Innovation Community

Now that Accipiter has decided to create an open innovation community it’s time to iron out the details. The IT department has clear concerns about data privacy and security. Meanwhile, Marlowe narrows in on the community goals and making sure they map those goals to the selected software.

2019-10-15T15:09:12-07:00December 23rd, 2011|Categories: Pulp Innovation, Serialized Book|Tags: , , |

Mobilising Health Apps

Mobile health apps are set to change the way individuals can look after their health, doctors can diagnose and monitor patients, and medical research can collect data and develop their research. As health apps go from ‘dumb’, i.e. use only aggregated or limited personal data to intelligent using personalised health records and genetic data, a revolution may be underway.

One Out of Seven is Ridiculous

Suppose you are a professional soccer player, chosen to kick the penalties for your team. And you scored only one out of seven penalties. Would you be satisfied? How long do you think your trainer and fellow players let you take penalties? They would probably kick you out of the team after the second failure in a row.

2019-10-15T15:09:13-07:00December 20th, 2011|Categories: Front End of Innovation, Idea Management|Tags: , |

Collaborative Innovation on the Retail Floor at Nordstrom’s

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.

How Social Technologies Transform Organizations

The McKinsey Institute published the results of their fifth annual survey on how organizations use social technologies, it surveyed 4,200 executives to understand the developments and progress throughout the years and benefits of these social technology applications. They are being deployed for the purpose of process enhancements and operations. Secondly they’re being used to find new growth opportunities. Surprisingly, a large percentage of organizations did not maintain the benefits of using social technologies that they had achieved earlier.

Pulp Innovation Chapter XXXIX: Follow the Innovation Leader

Marlowe struggles with a client who has decided to build an innovation community in 90 days without any consideration for the structure, support and funding to carry out such an operation. Can Marlowe manage to take the lead or will they develop a half-hearted endeavor to collect ideas?

2019-10-15T15:09:13-07:00December 16th, 2011|Categories: Pulp Innovation, Serialized Book|Tags: , |

Intellectual Property: Undervalued by Global Risk Management Community

Global organisations are largely failing to understand the intellectual property (IP) risks facing their organisations and the value of their intangible assets, according to a worldwide report by Marsh and Liberty International Underwriters (LIU). In the 2011 Intellectual Property Survey Report, three-quarters of respondents were unable to quantify the proportion of their firms’ value that could be attributed to intangible assets or goodwill. This is despite almost 70% of firms identifying the protection of IP as a crucial incentive to innovation in their firms.

2019-10-15T15:09:13-07:00December 15th, 2011|Categories: Blog Archive|Tags: , , , |