Joe Pine: Economic Value Creation Through the Experience Economy
The Experience Economy is accelerated by the current global crisis according to Joe Pine. People don’t want more stuff, in this post-growth global economy people start questioning what they really value and that is experiences with others, loved ones, colleagues, friends, etc. There’s more demand for experiences and this will create job opportunities, moreover because commoditized services are being outsourced and offshored.
In Praise of Bad Ideas
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.
Pulp Innovation XXVIII: The Skunkworks Plan
The efforts to implement an innovation program at Accipiter have been hampered by excessive cost-cutting pressure and too little appetite for change. Can Marlow and his ally in the company successfully implement a skunkworks to turn things around?
Winning at New Products –Creating Value through Innovation
In a completely revised and updated fourth edition, Robert Cooper reminds us that his Stage-Gate process has become the most widely used method for managing new products in industry today. Stage-Gate is an ideas-to-launch process that encompasses a solid body of knowledge and best practice gleaned from studies of thousands of new product developments.
How to Improve Patent Quality by Using Crowd Sourcing
Worldwide filings of patent applications and the ensuing invalidation requests have seen staggering growth over the last decade. The result is increasing patent backlog, deteriorating patent quality and an uncertain economic environment. This article briefly describes the crowdsourcing phenomenon and then details how it can aid patent review.
Channeling the Energy and Wisdom of the Crowd
Paul Dombowsky is the founder and CEO of Ideavibes and the charity crowdfunding initiative Fundchange. Today he talks with IM about the importance of listening to the less-heard voices and the inspiring influence open communication is having in the workplace as well as in our communities.
Expensive Rubbish (where there’s muck…)
Resource prices are rising which should be good for waste reclamation and recycling: it increases economic viability, encourages new processes and behaviours. And provides new opportunities. Even the humble toilet may get a makeover into a power source. The War on Waste is hotting up.
Want your Organization to Thrive? Create a Supportive Environment for Creativity
Employees have tremendous creative capacity. If properly harnessed with a supportive culture, it can help companies to thrive in today's turbulent business world.
20 Tips for Ideation Excellence
The so called fuzzy front end of innovation doesn´t have to be that fuzzy. Here is Gijs van Wulfen´s comprehensive list of tips for polishing and perfecting your ideation process.
Effective Innovation Management? Back to Basics!
For years, management and business schools have vastly exaggerated the importance of tools and theories in delivering innovations to the markets effectively. As common sense indicates, the overwhelmingly important predictor of success for an innovation is not the use of tools, “innovation frameworks”, or handbook of rules, but the quality of leadership of the project and the talent and motivation of the staff carrying it out. In innovation management, we need to go back to basics.
How to Gain a “Two-Second Advantage”
The Two-Second Advantage: How We Succeed by Anticipating the Future - Just Enough is a must-read for innovators and strategists. Read on to learn why.
The Elastic Enterprise: How to Move Beyond Innovation (and Live Happily for a Change)
Innovation, the act of creating novelty, has become omnipresent whereas what we really need to know is how to change enterprises, how to transform them, how to make them Elastic Enterprises, urges Haydn Shaughnessy in this provocative article.
How to Successfully Implement Collaborative Idea Management
Are you effectively using the creative potential of your employees, customers and partners to address your innovation challenges? Collaborative idea management is a method to learn from the “wisdom of the crowd” in order to drive innovation. This in-depth article gives you an introduction including best practice from how Ericsson, the global telecom company worked with introducing and designing a successful collaborative idea management system.
Learning from Asian Innovation
Asian companies are different from Western companies in their approach to innovation. A recent study has identified four generic elements of the Asian approach that might help any Western company think differently and to be more effective in their business creation. In this article Peter Hesseldahl gives a brief overview of the conclusions.
Pulp Innovation XXVII: Challenging Corporate Culture
Marlow is preoccupied with a tough case of corporate culture change where the engineers spend more time looking for problems in new ideas rather than seeking new possibilities. Then he receives the call from Accipiter - a potential big client who is also struggling to bring an innovation plan into play.
AT&T Unveils Open Innovation Center – Role of the Consumer?
This week AT&T opened up the third “Foundry” collaborative center in Palo Alto. The other two are situated in Plano, Texas and Israel. The AT&T Foundries are fast-paced and collaborative environments where AT&T and technology providers team with developers to deliver the latest applications and services to customers more quickly than ever before. By doing so, it increases velocity and a broader range of innovation three times faster.
An Open Innovation Story from Turkey: VESTEL Magneto
Success of Vestel Electronics is directly related to its dedication to innovation, to the high-quality research carried on in its large R&D centers and to its connections to national and international research organizations. In this article Mr. Reha S. Senturk, Project Manager at Ege University Science and Technology Centre (EBILTEM) describes an open innovation initiative resulting in a successful innovation.
M-Pay lift-off?
We may be approaching lift-off for mobile payment systems. At present non-western markets still dominate the market, but a flurry of activity, collaborations and trials by major technology and finance companies may herald lift-off in western markets.
The web has become an amplifier of creativity, says Seth Godin
Seth Godin published his latest book, We Are All Weird, today. In it, he explains how the web has evolved into an amplifier of creativity.
How to Start the Practice of Collaborative Innovation
Today, many seek ways to transform the manner in which their organization convenes to solve problems and to reach a shared understanding of strategic intent. The practice of collaborative innovation offers a path forward. In this article innovation architect Doug Collins suggests a place for people to start their journey focusing on how to work with the enquiry led, internally focused form.
Highly Innovative Low-Tech Companies?
When you think about low-tech industries, you will probably think about many aspects, except for innovation. Innovation is mostly associated with innovative products and technology, but hardly ever with anything beyond R&D activities. This “myth” can now be refuted through the results of a currently published study “Gaining Competitiveness with Innovations beyond Technology and Products: Insights from IMP3rove”.
Social Media Reinforce the Competitive and Innovative Abilities
Last week, the Dutch Financial Times reported that the Netherlands moved up to the seventh place in the yearly competitiveness index by the World Economic Forum (WEF). To close the gap with the top five, social innovation needs to be tackled. Not only raising R&D budgets, but also better innovation management and work smarter.
Four Ways to Dip Your Toes into the Open Innovation Waters
In view of the changing economic and competitive conditions, award-winning creative director Harvey Briggs encourages all companies to explore the different possibilities and opportunities available through open innovation.
The Power of Thought
Brain computer interfaces (BCIs) enable people to control things by thought and nerve signals: they are emerging from the medical research arena. The technology of BCIs is becoming less invasive, sleeker and more powerful, with a growing number of applications from health care to gaming, smart homes to typing, medical research to market research. While not yet a mass market by any means, the potential for interacting with our surroundings in radically new ways is arriving.