Knowledge Creation and Management within Organisations
This article discusses the types of knowledge within a case organisation and mechanisms to abstract this knowledge to therefore drive innovation within an account management team.
Five Innovation Practices for Building & Managing an Innovation Program
There is no “one size fits all” formula for innovation management success. Demystifying innovation takes experiments and practices. In this article, we'll explore five tactics to use in order to develop and manage a successful innovation program.
Recession, Innovation and Survival – A Lesson from Kellogg’s
In times of severe recession should you cut costs and focus on survival or take the opportunity to invest in innovation so that you can benefit from the eventual recovery? Let's have a look at a case study of Kellogg's, which took a leap to invest in a new type of cereal - and that paid off even in the face of extreme adversity.
How to Make More Money in 2020
With the cost of living surging and wages staying flat, it can be tough to save up enough cash for all your needs and wants. But you don’t have to spend 2020 worrying about your bank account, you just need to get a little bit creative and to figure out how to put more money in your pocket.
5 Tips to Create a Strong Product Vision
Every startup and growth-oriented business needs to focus on innovation in order to come up with compelling brand stories and messages, engaging products and services, and amazing marketing tactics that will put the company on the map and allow it to become an authority in its niche.
Positive Ways to Handle Employee Resignations
All good things come to an end. As an employer, this can ring true when your favorite employee springs up without warning, and tables a resignation letter. No matter the work environment you provide, there are things beyond your control that can see your employee of the year want to leave.
The Future of Email Marketing: Trends and Predictions for 2020
The importance of email marketing when spreading the word about a product or service cannot be overstated. Studies show that for every dollar spent on your email marketing campaign, you can get up to $44 as your ROI. This is 44 times more than other marketing channels like TV ads.
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.
Innovation Differentiators: Information and Implementation
What separates the great innovators from the industry laggards? What empowers long-standing hierarchical organizations like LEGO to make big, creative bets that pay off (like the LEGO Movie) while other once-great brands like Tower Records, Pan Am, or Pets.com have all gone away?
Improving Safety in Extreme Work Environments through IoT
Sustainability is a widely known concept. However, finding a balance for its three main pillars (society, economy, and environment) is not easy. Society demands that companies respect and protect the environment while generating benefit, improving the country’s economy and respecting every member of society.
7 Psychological Facts That Help Understand Customers Better
Psychology is not only about human emotions. Understanding their behavior, nature, and finding out the behavioral patterns is the ultimate goal of psychological studies. And the best practices of psychology can drive sales for business too.
Six Questions Every Leader Must Answer – If They Want to Lead Change
If you want to lead a transformation in the business, then you have to sell the idea over and over again to people throughout the organisation. In particular, the leader has to answer these questions which are present in people’s minds even if they are unspoken.
Directorates Pay a High Price for Ignorance
Of the many risks that directors should be aware of, innovation is the most complex. A corporation that invests in innovation risks failure. A corporation that doesn't invest in innovation risks annihilation due to the many threats from small startups and mega-corporations alike, in a variety of areas.
Quantum Computing, Zen Philosophy and Space-Time
The up-and-coming field of quantum computing, currently in a prototype phase, will probably be an innovation with exponential and wide-ranging impacts in the power and speed of information technology. There are some interesting parallels between the behavior of quantum computing particles, or qubits, and basic principles of Zen Buddhist philosophy. Like modern physics, this article employs a “space-time” concept of innovation, with implications for the process and intensity of new idea development within organizations.
Looking to 2020 and Beyond: Innovation for Trust-Building in Local Government
It probably comes as no surprise that, according to Pew Research, trust in government is at an all-time low. An abysmally low 17 percent of Americans believe they can trust government to do what is right either all of the time or some of the time.
How To Confront Your Office Creativity Vampire
You won't find your office's creativity vampire hiding in the dark supply closet or hanging from the ceiling for a snooze.
10 Ways Medical Innovation will Transform Our Lives Over the Next Decade
Emerging technologies look set to transform the healthcare industry. In this year's Global Innovation Index, Francis Collins, Director of the National Institutes of Health (NIH), explores some of the innovations that could have the biggest impact in the next decade. Here's a summary of those findings from the report.
How Is Digital Innovation Changing Marketing?
In 2013, Adobe conducted a comprehensive research study and found that 76% of marketers believe that marketing changed more in the past 2 years than in the previous 50. Digital technologies were changing rapidly, impacting how marketers build their strategies and market to their audiences. Today, fast digital innovation has been replaced with the strategic implementation of new technologies in marketing.
The Four Forms of Crowdsourcing
There are four ways to crowdsource answers to your innovation challenges: garden variety crowdsourcing, distant expert sourcing, expert targeting, and force multiplying.
How AI will Help us to Diagnose Disease Faster and More Accurately
Chinese internet-based technology and cultural enterprise Tencent is using AI innovations in medical imaging and data mining to provide better, faster, more comprehensive diagnoses. In this extract from the GLOBAL INNOVATION INDEX 2019, Tencent’s Founder and Chief Executive Ma Huateng looks at the revolutionary impact of AI and big data in China’s healthcare service.
Design Thinking: A Social Technology That Fosters Innovation
Enterprises need to innovate to stay relevant amidst technology advancements, a competitive business environment and demanding customer expectations. Design Thinking shows the way.
Innovative Ways for Your Employees to “Always Be Learning”
One of the most significant investments any business can make is in its staff. This goes beyond the simple fact of paying for salaries and benefits, however — in order to be a truly valuable element of a company, employees must be genuinely nurtured.
Four Ways Data is Improving Healthcare
Harnessing medical data can, and will, improve healthcare, writes GE Healthcare President and CEO Kieran Murphy in the GLOBAL INNOVATION INDEX 2019. This article is part of a series about the power of innovation to solve social and economic challenges. Stories and statistics are drawn from the World Intellectual Property Organization’s Global Innovation Index 2019.
May the 4th Industrial Revolution be with You, Part 5: ‘Money’s too Tight to Mention’
This article is the fifth in a series which takes an in-depth look at how the changes brought about by the advent of the 4th Industrial Revolution are playing out on the world stage and how these changes are literally revolutionising the way things are done both at home and in the workplace.
Four Innovation Themes from Open Nation 2019
Every year, IdeaScale hosts innovation leaders and creative thinkers from around the world in a global summit that shares innovation best practices. These leaders share success stories, failures, challenges, and solutions as they get to know each other so that they can call on one another throughout the year (long after the event is over).
How to See Change Before Everyone Else
Market and social forces are challenging long held beliefs about management. For more than a century, the focus of management has been execution. We have become excellent at being increasingly efficient.
How to Figure Out What Business Intelligence Tools Your Small Business Needs
Today, nearly every action taken by a consumer generates data, and the price point of data analytics technology is now within the budget range of most small-to-mid-sized firms.
15 Things Leaders Should Not Do – if They Want Innovation
We hear plenty of advice for leaders on what they should do to drive entrepreneurship and innovation in their organizations. It might be smarter to just stop making some of the common mistakes which inhibit innovation.