One Certainty in These Uncertain Times: Innovate Through Ecosystems, or Miss the Opportunity to Radically Transform Your Innovation Strategy

Hardly no one will regret 2020, it seems. Yet, 2021 ahead is hard to predict. There are hopeful signs that pave the way for a better, stronger future, but as we have now the experience, our world can go upside down almost overnight. 

How Does an Employee-Owned Fortune 500 Company Manage Their Innovation Lab?

Graybar is a Fortune 500 corporation and one of the largest employee-owned companies in North America. They are a leader in the distribution of communications and data networking products – even if you don’t know Graybar off the top of your head, you’ve probably been in contact with their products.

The Key to Success In 2021: Building a Creative and Innovative Culture

In this article by Jeff DeGraff, he presents the four types of innovative cultures and four best practices for building a culture of innovation.

TASC: A Practitioner’s Tool for Better Results in Open Innovation

Despite its popularity as a way to promote innovations, organizations face challenges in their open innovation (OI) initiatives. As knowledge flows are vital for the success of OI initiatives, organizations should identify right partners in their open innovation implementations. This article suggests TASC as a tool that can be used by practitioners for better results.

What Can We Learn from NASA About Crowdsourcing in a Pandemic?

When COVID-19 shut down the United States in 2020, everyone wanted to be a part of the solution. At NASA, the entire NASA workforce expressed their desire to help the nation combat the virus – even though most of their employees were asked to work from home.

What is a Virtual Innovation Lab?

The Virginia Department of Transportation created their own Virtual Innovation Lab, where they collaborate to solve problems related to remote work, engineering topics, safety, and more with the help of their entire distributed workforce. Learn more in this December 15th webinar!

How Does Diversity and Inclusion Impact Innovation?

Nearly all executives believe the long-term success of their business depends on the flow, testing, and development of new ideas. One of the problems is the old belief in the “creative genius” – that creativity and innovation belongs to a talented few and not to everyone.

2021-03-24T19:37:14-07:00October 19th, 2020|Categories: Collaborative Innovation, Organization & Culture|Tags: , , , |

Customer-Centric Innovation? Sure, But With Which Customers?

Today, putting customers at the heart of innovation is a no-brainer for most business managers. However, should the innovation process involve all customers or only specific segments? In this article we explore the hurdles of these initiatives and propose a method to select the most relevant customers with whom to innovate.

Digital Tools and the Future of Remote Work

Until about four months ago, remote work was somewhat of a rarity, and, at very least, something most people were unfamiliar with. One of the few COVID-19 silver linings, however, was that many companies were forced to have their employees work remotely due to stay-at-home orders. This meant more time with families, less time in transit, and, for a lot, a surprising sense of comfort at "the workplace."

Using Innovation to Improve Your McKinsey Organizational Health Index Score

2020 proved just how important our relationships to banks and credit unions are as they worked to rapidly respond to the changing financial needs of their customers.