Increase your ingenuity by learning the ‘creativity two-step’
According to Susan Besemer, learning the Creativity Two-Step is almost as easy as country line dancing, but much more productive to your creative output.
Innovation partnerships: How to avoid Dante’s Inferno
Over the years, I have seen unsuccessful innovation partnerships that seemed to have come straight from Dante's Inferno.
What is ‘Exnovation’ and Where Does it Fit in the Innovation Life Cycle?
Exnovation is often an overlooked part of the innovation process. This post suggests that it needs to play a greater part in our thinking.
Collaborate to innovate: How leading firms use open innovation
Paul Sloane highlights how some of the world's biggest companies are utilizing open innovation and collaboration strategies in creative ways to create highly successful new products and services.
Why management by consensus is killing innovation
One management issue that could be killing innovation efforts is an obsession by many managers that a decision can
Are you ready for open innovation?
How do you know if your company is ready for open innovation, and what does it take to get there? Michael Dalton explores one potential framework for assessing your organizational readiness.
Building a Company
Rowan Gibson explains how intellectual capital has become an outdated way to measure an organization's worth. What's needed are new measures used to create value today, such as imagination capital, entrepreneurial capital and relationship capital.
To Re-invent Your Company, Reinvent Yourself
Companies are increasingly recognizing that today’s turbulent times require nothing short of continual reinvention. Weathering today’s storm isn’t enough. Companies need to develop repeatable processes that regularly renew their firms before the next crisis hits. This kind of renewal must begin with the leaders themselves.
The secret ingredient to creative success
Have you ever wondered what it is that elevates some of us from mediocre to outstanding? Well, I'll let you in on that secret ingredient.
Are Too Many Ideas Killing your Innovation Efforts?
How can having too many ideas be bad for your new product success? The problem isn't actually the number of ideas generated. The problem is allowing too many of them into the product development process at the same time, according to Michael Dalton.
Demand innovation step 3: Finding new growth opportunities
In most cases you and your colleagues will need to shift your understanding of where top-line growth has come from in the past to a new model that better fits the challenging times in which we all live today.
People: The ‘raw materials’ of innovation
You can pick your raw materials for product you make but your innovation raw materials are your people. Understanding your people will improve your chance of innovation success.
How to use demand innovation to identify hidden assets in your business
How to uncover and exploit hidden assets in your business, using demand innovation techniques.
Innovation opportunities in new business models
One area with tremendous economic potential is to create a new business model. Here are some ideas on how you can create new businesss models in your organization and uncover new profit potential.
Prospect Theory, Risk and Innovation
Start-up companies are almost synonymous with innovation, while the well established companies are usually perceived as being risk averse and much less innovative. In this article Jeffrey Baumgartner uses Prospect Theory to better understand how executives perceive risk and innovation opportunities.
How one company managed to kill creativity
A case history of a company that set out to encourage creativity and an analysis of why it didn't succeed.
What is an Innovation Culture?
Creating an innovation culture requires new leadership skills, new people skills, new processes, and a focus on opportunity.
Using demand innovation to find sustainable growth
What is "demand innovation" and how can it help your business find sustainable new growth?
Disruptive innovations for charity?
Can we create innovations for the greater good? Where else could innovation have greater impact than in the charity sector of society?
An innovation lesson from childhood
Did you learn all you really need to know about innovation in kindergarten? Michael Dalton learned an important innovation lesson by visiting a kindergarten class taught by his wife.
The customer pyramid of innovation
Customer input to the innovation process can range from non-existent or reactive up to proactive. The level depends on the company culture and its history/success with past innovations. Proactive customer involvement provides the best atmosphere for successful innovation.
Connect + Develop℠ with Procter & Gamble
At the heart of P&G’s design for growth is their capability to innovate. Over 50 % of innovation should be acquired from outside the company, according to CEO A G Lafley. Read more about how P&G works with open innovation through the concept of Connect + Develop.
How Open Innovation Can Help Firms During the Downturn
The benefits of open innovation during the current economic downturn have only recently been analyzed. Henry Chesbrough and Andrew Garman have recently published a Harvard Business Review article (June) on this. Wim Vanhaverbeke, Professor of Strategy and Innovation at Hasselt University, Belgium, provides some additional benefits when companies apply open innovation in a downturn, which has not been mentioned in the HBR-article.
What do you do if a key decision-maker doesn’t like your idea?
What? Somebody doesn't like my great idea? How can that be? But it will happen - and you need to be prepared to accept it. Here are some practical tips on how to do so.