Articles2025-10-23T00:26:06-07:00
Loading...

Use the Creativity of Users to Develop Better Innovations

September 22nd, 2009|

There is an urgent need to rethink the way firms innovate. We need to change from a manufacturer-active perspective to a user-active perspective, according to professor Nikolaus Franke of Vienna University. The Lead user method, Toolkits for user innovation and Innovation communities. These are three ways that firms can apply to benefit from users innovativeness and create better innovations and more value and growth.

Is Denmark a Lead User of User Driven Innovation?

September 22nd, 2009|

You might think so since the world’s first government sponsored user driven innovation program is to be found in Denmark. The program aims to strengthen the diffusion of methods for user driven innovation and to contribute to increased growth in the participating companies. It also aims to increase user satisfaction and/or increased efficiency in participating public institutions. Søren Tegen Pedersen is the Deputy Director at the administrative authority of the program.

Meeting of innovative minds

September 22nd, 2009|

Henry Chesbrough, the father of open innovation, was one of the key note speakers when more than 500 innovative minds met on a European innovation conference in Lund, Sweden. InnovationManagemenet.se asked him and some of the other participants a few questions.

Tips for Generating Innovative New Product Ideas from the Electronics Industry

September 21st, 2009|

Successful organizations worldwide realize how important it is to their success to nourish creativity and innovation. Innovation is, after all, the vanguard to increased competitiveness. In my years of experience in the development of innovative electronic products, innovation challenges have necessitated the gathering and practice of techniques from many arenas. Here are a few ideas that we have developed in my company. I hope that they will help you to expand and enable innovation in your organization, too.

How to build balanced innovation teams

September 21st, 2009|

When building a team it is critical to first understand what the group is expected to deliver, then take a deeper look into who is selected and how they are expected to work together. Purposefully balancing the right type of people for the job will go a long way toward making the team more effective, productive, and successful.

Does your Firm Have an Innovation Czar?

September 15th, 2009|

It never ceases to amaze me. I’m meeting with the executive committee of a major global company. I’ve just asked if innovation is one of their top strategic priorities. Their unanimous answer is “yes”. I then ask about their individual responsibilities. “Which one of you is the CFO?” “Who is head of HR?” “Where’s the CIO?” One by one their hands go up. Yet when I ask to see their global director of innovation, nobody raises a hand. Everyone just looks at me with a blank expression. So, sure, this company understands the innovation imperative. But nobody in its leadership team is directly responsible – or accountable – for making innovation happen across the organization. And they don’t even seem to be aware of the paradox.

To be More Innovative, Think like a Venture Capitalist

September 1st, 2009|

The most innovative leaders have a mindset like that of a venture capitalist. They take a portfolio view of innovation projects. The venture capitalist will invest in a basket of different start-up companies, fully knowing that most will fail. A few might break even and one or two might be successes. But one big success can pay back the costs of all the failures. Even though he is smart, the VC does not know at the outset which ventures will succeed and which will fail so initially he backs them all. As time goes on he cuts funding for the failures and gives more to the winners.

A 100-day plan for innovation

August 31st, 2009|

Successful organizations always have one eye on current operations and one eye on the future. Anticipating your customer's needs and developing a strategy to get there is what separates the quick from the dead.

New book reveals the key attributes of innovation leaders

August 27th, 2009|

Innovation Leaders: How Senior Leaders Stimulate, Steer and Sustain Innovation by Jean-Philippe Deschamps is an outstanding book focusing on the key attributes of innovation leaders, and the author's position is that a distinct form of leadership is required for innovation practitioners.

How to commercialize your ideas – part 1

August 26th, 2009|

There are plenty of innovation and ideation efforts that yield new ideas for growth but never generate a dime for their inventors or the companies that develop them. Why? Because many inventors don't understand how to jump the gap from ideas to actually selling them.

The transformation imperative

August 11th, 2009|

Scott Anthony, in his new book, The Silver Lining: An Innovation Playbook for Uncertain Times, does an excellent job of making the case for corporate transformation, and why it is an appropriate approach can help companies to escape their narrowing options in today's turbulent economy.

Creativity in business: An interview with Paul Scheele

August 5th, 2009|

This is the first in a series of posts based on interviews and dialogues with creativity and innovation thought leaders around the topic of applied creativity in business. In this interview, Paul Scheele, chairman of Natural Brilliance Productions, shares his thoughts on business creativity, creative leadership and the emerging business paradigm.

Study Proves that Living Overseas Boosts Creativity

August 4th, 2009|

It has long been said that travel broadens the mind. That has never been tested empirically until recently. And the result is that travel alone is not sufficient to boost creativity. Living overseas, however, has been demonstrated to improve creative thinking ability, according to a new study.