Knowledge Management in the Era of the COVID-19 Crisis
Executives should look at three-step processes of knowledge accumulation, integration, and reconfiguration. This model for managing knowledge reflects a more strategic and practical perspective, as it is process-oriented and most applicable for leading organizations.
Peace through Entrepreneurship: How Businesses Can Be a Force for Unity
Cyprus is politically divided, movement is restricted, and there are two different authorities and sets of laws. How can innovation and entrepreneurship thrive in such a polarized environment - and alternatively, how does that polarization drive innovation?
Four lessons from M-Pesa on Innovation Adoption
M-Pesa, a mobile-based financial service, did not follow a linear, step-by-step innovation process. In this article, Eivor Oborn follows M-Pesa's rapid trajectory to unearth how people who used it in Kenya, and how that helped the company adapt its product development.
Why Digitalization Doesn’t Change the Way Companies Innovate
Will digitalization fundamentally change the way companies innovate? Our answer is no. While digital technologies hold enormous innovation potential, they belong to the sphere of “solutions” and are means to a higher purpose.
Five Principles of Innovation Measurement
What gets measured gets managed. Innovation is not serendipity; it’s a managed process of transforming novel ideas to achieve their business value. You can only manage what you measure.
Five Perspectives of Innovation Management Maturity
The success of innovation management is never an accident; it’s a holistic management process with an iterative thought-out planning and execution continuum.
Spotless: An Innovation Roadmap
Bridie Scott is an Innovation Manager at Spotless and she’s taken the business on a journey from a large-scale company with big goals to a company that is listening to and empowering all of their frontline employees in the innovation process.
The 3 C’s: Complex Problem Solving, Creativity and Critical Thinking – Core Soft Skills Required in the Workplace of the 4th Industrial Revolution
The next in our series on the 4th Industrial Revolution, from the Business Optimization Training Institute (BOTI). Start with Part I here.
How Can You Use Gamification to Boost Innovation?
A serious game based on innovation methodologies can be an extremely useful tool at different phrases of implementing innovation in a company. Let's take a look at how to implement gamification into your innovation strategy.
Can Web Scraping Help Your Business?
Web scraping, sometimes also called data scraping or just plain scraping, is the technological art of mining other company's information in order to collect data. Business owners can also use it to gather information from social media sites and online publications.
How Companies Can Pursue a More Circular Economy
There are studies that say the world will run out of oil within 55 years. All the while, aquatic creatures are suffering at the hands of plastic pollution every day. On top of that, our collective contribution to the greenhouse effect is sending us underwater as sea levels rise at unprecedented rates.
How Many Types of Innovation Are There?
Innovation thought leader Nick Skillicorn recently did a pretty good job summarizing all of the innovation theories. And we noticed that there are a few key similarities between most (or all) of these theories that we think are interesting! Download this infographic to learn more about the 15 Theories of Innovation.
Start Here for Creative Leadership
How can leaders fight apathy or indifference in the workplace and create an environment where creativity and innovation can naturally flourish?
How Going Green Can Help Your Profits and the Environment
The scientific consensus on anthropogenic climate change only grows stronger. The most recent word from scientists is that the present warming of the globe is "unprecedented" in the last 2,000 years. Some 99% of scientists stood in agreement on this in 2011, and now the scientific community has declared there's "no doubt left" that human activity is warming the earth.
How Are Innovative Learning Platforms Influencing the Future of Work?
Technology has been transforming the workplace for some time now. The traditional education system was formed in the heat of the industrial revolution and many would say is obsolete nowadays. It was primarily meant to create a workforce that was only fit to perform one task for the rest of their working lives. Motivation has obviously shifted from those times towards more engaging, complex, and fulfilling work.
Driving Exponential Online Growth by Creating and Reaching New Digital Customers
How can we succeed in the online world when it seems to be changing by the day? This article explores critical questions business leaders need to be asking themselves as they explore case examples and strategies that have been applied by others, examine how the technologies and capabilities of the ‘mobile first’ internet could evolve in the next few years and identify a set of practical actions they can adopt to drive exponential online sales growth.
Startup Ideas are NOT Inspired on the Spur of the Moment!
Based on research in the market and in many countries, I tried to figure out the exact mechanism by which startup ideas are created. Aim is to facilitate and expedite this process for would-be entrepreneurs. Is it mainly a matter of brainstorming effort or are external factors at play?
Technology for Better Innovative Management
In today’s workplace, you’re expected to do as much as you can with a variable amount of resources. How can you keep an in-office, remote, or combination workforce engaged using technology? We recommend four steps: educate, collaborate, monitor, and secure.
Key Innovations that are Transforming the Supply Chain Industry
Technology is transforming every industry across the globe, and its effectively driving the business world forward as a whole. At the center of all of this is, of course, the bottom line, or the consumers, and how they benefit from the integration of tech solutions into the processes of their favorite brands.
Digital Factory of the Incumbent: Software of the Mind
This paper was originally published on smartinsights.com, the 11th of September, 2018. Republished here with permission from the author.
Technological changes are one of the leading advocators to shape customer value. They are characterized by a process of social technological variations, rooted in different disciplines e.g., economics, sociology, and psychology.
Leading Innovation within Government Agencies: What to Drive and What to Avoid
As innovation professionals, we too often look for inspiration from organizations such as Apple, Amazon, Tesla, Spotify, Google, etc. Cultures within these businesses are encourage transparency, experimentation and autonomy resulting in engaged workforce of the best and brightest minds, pumping out game changing products on-schedule, on-budget and on-point. We want that for the organizations that we support. We want to drive those behaviors.
Five Bottlenecks of Digital Innovation
The business needs to define strategy, profitability, and relevance at any given time to break through bottlenecks and avoid pitfalls on the path to innovation.
How to Innovate with Big Data: 4 Essentials
A few years ago, big data was a brand new frontier for businesses, and few could afford to leverage the technology on a large scale. Today, it’s much more accessible for companies of all sizes, and the field of big data has begun to mature.
How IP Law Encourages Creativity
Innovation is crucial for our society. Technological developments in every area of life have completely transformed the way that we communicate, travel, work, eat, and so much more. Without realizing it, we count on inventors like Steve Jobs and Elon Musk to improve and transform our daily lives. What we also don’t realize is that one of the driving forces behind innovation is intellectual property (IP) protection.
Information Systems Management: What Is It?
What is information management when compared to computer science? The real difference is in application. While computer scientists are focused on science, mathematics, and a technical approach to computing, information systems is more focused on individual and organizational development. This typically involves using the programming created by computer scientists.
Tech Trends Improving Business and Operations
New technological advancements emerge every day. As this takes place, it's important to stay aware of changes and advancements.
A More Innovative Europe? Think Different About Innovation!
In Brussels, the Research & Innovation Program Horizon Europe (FP9) is the talk of ‘EU town’. Horizon Europe is hoped to be the great leap forward of Europe to close the innovation gap to the US and stay ahead of the emerging innovation giant China in the coming years.
How Education Can Advance and Innovate Your Business
Education is a powerful vehicle for professional growth. It’s now more affordable, and recent technological innovations have made it easier for employees to acquire and advance their skillsets.