Why Business Model Innovation Matters
Managers frequently rely on innovation to drive profitable growth. In many industries new products and services are fundamental. However, although product and service innovations are and have been important to firms for decades, competitive pressures and the search for increased profit have pushed business model innovation higher on the priority list.
Innovation strategy: Five steps to make change happen
Here are five steps to help you develop your change strategy based on my work with innovation leaders and intrapreneurs.
Learning about innovation from a bunch of kids
Sometimes the approaches used by kids to solve problems can provide a good model for all of us to follow.
Managing change in an innovative world
Natalie Jenkins explains how adopting a set of creative thinking methods can help to prepare you for today's world of constant change and upheaval.
The Best Strategies for Dealing with Disruptive Innovation
What lessons can you learn about handling disruptive innovation? Author Jeffrey Baumgartner uses several examples from the photography market to highlight successful strategies for dealing with this increasingly common phenomenon.
Ten Top Tips for the Innovative Leader
If you want to drive innovation in your organization, then Paul Sloane has some suggestions to help you succeed.
Creating a Culture of Innovation
Years of cost-cutting and focus on process excellence have created in many firms a culture that is focused on operational excellence and risk avoidance. For innovation to succeed as a corporate objective, the culture must change to accommodate the risk and uncertainty that accompanies an innovation focus. Luckily, several important levers can help you change the culture, as Jeffrey Phillips explains.
Harnessing the energy of change champions
The most successful change and innovation efforts are often accomplished by a change champion, a 'mono-maniac with a mission,' according to Jim Clemmer. Here are some strategies that will help you to support your organization's change champions.
Why does innovation feel uncomfortable?
Helping people to deal with change is one of the most challenging tasks that leaders of innovation face. GoInnovate!, an excellent new book by Andrew Papageorge, contains a wealth of advice that can help your organization to overcome resistance to change and to successfully implement a culture of innovation.
Innovation Vanguard Firms Show the Way to Beating the Downturn
Could the current economic downturn actually be sparking an upturn in innovation? I see subtle signs of that happening. Anemic corporate growth, the bursting of the bubble economy, and the merger hangover are creating a unique, one-time opportunity for those of us who are advocates for and practitioners of systematic innovation.