Failure2020-03-20T15:55:15-07:00
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Priorities for Building an Innovation Culture

October 8th, 2018|

The 97th Floor Mastermind Series recently interviewed IdeaScale about our company, our industry, our vision for the future and more, but we thought that one of their questions about what values we look out for when building a team are worth repeating here for those of you that are looking to build a culture of innovation at your company (whether it’s start-up sized like IdeaScale or not).

Using Failure to Spur Innovation

June 26th, 2018|

It hurts to fail. The feeling of defeat can make even the hardest of workers feel worthless. It’s hard to face the reality that your work or dreams won’t live up to your expectations, and giving up might seem like the next step. However, failure teaches important lessons, and though it seems contradictory, it can often lead to success. Failure gives you the necessary experience you need to improve, but more importantly, it teaches you to get back up.

Resilience Rules

March 14th, 2012|

Western societies and the systems we depend on to make them function are becoming ever more complex. As a result, they are also becoming more vulnerable to catastrophic, systemic failure. As individuals, communities and societies we may, at the same time, be becoming less able to cope with such events as we lose basic skills, families are more scattered and communities less connected.

Why do Most Products Fail? 3 Techniques to Leverage Hidden Needs

December 13th, 2011|

Many managers want their organizations to develop breakthrough products and ask their R&D departments to come up with the equivalent of the iPod or iPhone. Unfortunately, the reality is that product failure is more common than success. So what are the reasons for product failure and what steps can companies take to avoid it?

4 Key Success Factors That Can Enable a Higher Return on Innovation

December 7th, 2011|

In a slow or no-growth environment, we know successful innovation is absolutely essential for companies to establish and maintain a competitive advantage. While that may be yesterday’s news, achieving it is hard work. How can you achieve high value from your innovation initiatives? In this article Adi Alon discusses four key success factors that can help you get a higher return on innovation.

In Praise of Bad Ideas

September 30th, 2011|

We’ve all been there; a brainstorming session, presentation, meeting or other group event when somebody blurts out what is clearly the worst idea in the world. But bad ideas can be good. Harvey Briggs explores why.

Managing Innovation Through the Stress Points

January 31st, 2011|

Building innovation management as a discipline requires us to take a closer look at the hurdles innovative firms face as they develop new products, services and partnerships but also at how those firms integrate the learnings from making tough choices. Andrew Gaule takes a look at building innovation culture as we manage through the stress points.

Innovation Lessons from Apple – Learn From a Modern Day Leader

December 20th, 2010|

In the face of increasing shifts in the world economy, and particularly increased competition across markets and company offerings, it would appear that one of the latest trends in instinctive strategic advice for companies is to become “more innovative!” Yet being more innovative is not necessarily easy. Learn more in this article by IMD professor Bill Fischer.

Fundamental Principles for Innovation – What’s Your Opinion?

June 17th, 2010|

In this article, Heinz Essman, contributing editor from South Africa, introduces a set of proposed fundamental principles for innovation. It is indeed a proposal and we are very interested in hearing your views on this. Welcome to read and then visit the InnovationManagementForum.com to share your views and discuss with like-minded.

In Search of Failure – Designing for Failure?

February 26th, 2010|

Who would be searching for failure? Failures just happen, though we always hope to avoid them. A vile thing, a vile word, no? Read more in this weeks' column by Bengt-Arne Vedin, PhD and Professor emeritus in innovation management. And why not joining in helping Bengt-Arne improving the article by joining the discussion?

Who is crushing creativity?

October 18th, 2005|

In many organizations, leaders complain that their employees aren't creative. But employees complain that they are micromanaged and not empowered to try out new ideas. Who's really at fault here?

7 Strategies for Sustained Innovation

June 9th, 2005|

Sustained innovation comes from developing a collective sense of purpose; from unleashing the creativity of people throughout your organization and from teaching them how to recognize unconventional opportunities. Here are seven strategies for sustaining innovation in your organization.

Questions for evaluating ideas

April 28th, 2005|

When brainstorming, it's not enough to generate a large quantity of ideas. You must have an organized way to evaluate the ideas you have generated. Charles "Chic" Thompson, in his excellent book, What a Great Idea! Key Steps Creative People Take, suggests this valuable list of evaluation idea questions.

Failure is the Mother of Innovation

October 13th, 2004|

The organization that implements lots of ideas will most likely have many failures but the chances are, it will reap some mighty successes too. By trying numerous initiatives we improve our chances that one of them will be a star, according to author Paul Sloane.