Making Innovation Part of Everyday Life
This week InnovationManagement spoke with Jorge Barba, innovation insurgent, blogger and Creative Strategist at the San Diego based Digital Marketing Firm Blu Maya. Read on to learn more about his experiences challenging the status quo and promoting innovation as a human process to a better tomorrow.
The Importance of People and Places
Evidence from new disciplines like complexity theory tells us that the physical proximity of people, and their everyday interactions, are big drivers of innovation, yet we all too often rely on technology platforms as innovation incubators. Doug Collins, whose day job is advising clients on how to create and build online innovation communities, gets physical.
Understanding the Art of Innovation Leadership
Most leaders are blind leaders of innovation. While innovation processes are useful, innovation leadership is the lost art whose conscious practice can make all the difference.
The Case for Innovation and Talent Management
As globalization of the world economy continues and accelerates, we are beginning a process of fundamental change in organizational design that will take us to configurations we cannot yet fully imagine. However, we can already see enough to identify major opportunities for organizations that want to exploit the benefits of these changes, even as they unfold.
Changing Mental Models to Make Innovation Work
We see a lot of programs being run in companies in the name of innovation. Of course some of the large corporations need to run innovation programs for name sake. They need some window dressing for analysts and industry observers lambasting the same for not being innovative enough.
All Successful Innovation Needs a Champion and Ownership
This is the forth part in a series of articles that take the need of innovation under the loop and share some of the imperatives, must haves if you will, to create and sustain “NEW” in business or organizations. This article focuses on the need for ownership, as all successful innovations need a champion within the organization.
Innovation in South America
According to the last INSEAD Global Innovation Index 2009-2010, all South American countries are ranked below the 40th position. To improve the innovation situation in the region there are three main focus areas to be addressed: encouraging a culture of collaboration and the use of social media, encouraging intrapreneurs, and to introduce Management 2.0. Other key issues are Internet penetration and the Enterprise 2.0 concept.
The Positive and Negative Equity of Innovation Cultures
The culture of innovation can mean many things. Most obviously it can refer to how a company creates an innovative culture, which is different from being in an innovation culture. I want to look at how innovative cultures intersect, and how important this is for what companies can achieve. The two concepts I want to introduce are: positive and negative equity in innovation cultures. How do you create the former and shed the latter?
The crucial role of networks in helping firms generate and execute new ideas
Interpersonal networks within organizations have a huge influence on how successfully firms can generate and execute new ideas, says innovation professor Tim Kastelle.
The Best Time to Innovate is all the Time
This week InnovationManagement spoke with Idris Mootee - worldwide strategic innovation advisor and CEO of the global strategic innovation and design firm, Idea Couture Inc. Read more about his views on innovation management and why he’s passionate about transforming large, complex, even successful organizations into innovative organizations.
India’s Emergence as an Innovation Mecca
A mega-trend in innovation is reverse innovation. Reverse or frugal innovation describes innovations originally developed and/or adopted in the developing world which later become prominent in mature world markets. It is an interesting trend that is introducing a new perspective to innovation. It is based on the idea ‘jugaad’, which describes activity in India to adapt existing solutions using low cost technology.
The Explosive and Profitable Growth of Infosys
As we look for models of corporate success, the European and North American management establishments need to become much less ethnocentric and more curious about Asia’s ascending actors. This article takes a closer look at the success of a Bangalore-based firm in global outsourced IT services. Infosys is a striking example of successful, rapid, profitable growth.
Creativity is key to organizational and individual sustainability, says Annalie Killian
Creativity is not only essential to the sustainability of organizations, it's also key to individual health and happiness, points out maverick woman Annalie Killian.
Rethinking the Financial Drivers in Innovation Culture
Recent reports in the Harvard Business Review question the efficiency of the traditional Silicon Valley venture capital innovation funding model and more emphasis is now being placed on how to manage the innovation process in a low finance environment. In this article we look at one grass roots movement that is providing a model for creating the widest possible innovation culture, at the same time bringing this new innovation management thinking into the mainstream.
Stepping off the Hamster Wheel: How to Stay Creative even When You’re Insanely Busy
At precisely the time when leaders need creative managers, we're all so overworked that we don't even have time to think. Here are some tips to help you counteract the forces of 'mass distraction' and cultivate your creativity.
Strategically Engaging Your Organization
Strategic management today must focus not only on meeting short term targets and budgets but also on building an organization prepared to succeed and lead into the future. This is obvious, you may say. But how is this simple reality reflected in how we strategically lead and engage our organizations? Read more in this article by IMD Professor Thomas Malnight.
How Thinking about your Business as a Collection of Franchises can Unleash Innovation
Fostering a sense of ownership among employees can unleash tremendous capacity for innovation, says Edward Glassman. Like franchisees, who own their independent businesses but operate within a well-defined structure or system, empowered employees tend to be more entrepreneurial and committed to helping the organization to thrive.
Empowering People Through Innovations
Innovation is a powerful tool, not only to create competitive organizations, but also to improve the daily lives of people in developing countries and emerging markets. Innovations can in many cases make a critical difference and contribute to empower people and make the world a more equitable place to be.
10 Steps for Boosting your Firm’s Innovation
Here are 10 steps you can take to turn your company into an innovation leader that races forwardswith new products, services and improved processes while your competitors remain far behind with outdated products, limited services and inefficient processes.
Innovate to Thrive – No Risk …No Innovation
Part two in a series of articles by Robert Brands discusses the need and importance of taking risks to achieve successful innovations. Since the high failure rate, organizations pursuing the practice of Innovation must have a tolerance for failure. The material is based on 25 years of hands on experience in the innovation space and the recently published book “Robert's Rules of innovation”.
Stephen Shapiro explains why open innovation is the new paradigm of work
Stephen Shapiro explains the thinking behind open creativity and why he wrote a book and created a card deck called Personality Poker.
Keeping a Constant Flow of Innovations at BASF
InnovationManagement recently spoke to Dr Thomas Weber, Managing Director of BASF’s Future Business, about what it takes for a large company to maintain a constant flow of innovation ideas and a spirit of enthusiasm to feed the pipeline.
Defining an Innovative Firm – It is Much More Than Technology
Innovation is very much the word of the moment. We hear it used in science, the arts, in politics, in society, and often for good reason. For example, the creation and building of the European Union, is one of the most innovative – and indeed frustrating – processes in history. So what actually is innovation? Read more in this article by IMD professor Georges Haour, IMD, one of the world's top business schools.
The New Dutch Economy: Innovative, International and Involving
The Dutch Innovation Platform, a think-tank established by the Dutch Government, recently released a report Nederland 2020, Back in the top 5 outlining the steps the Netherlands needs to take to regain its former position in the top 5 of the World Economic Forum’s Global Competitiveness Index (GCI). In this article Rob Blaaboer, contributing editor from the Netherlands, suggests a way to reach the New Dutch economy, i.e. innovative, international and involving, and how to get back in the top 5.