Industry leaders recognize the importance of innovation in product development and business processes. Investing in the latest innovation seems like an ideal step forward, but it’s also a risky investment for anyone concerned with ROI. This can apply to anything from technological upgrades (and requisite training) to a change in management structure.
No matter the decade in which you grew up, the future promised one thing: flying cars. And yet generation after generation has been disappointed as our technological progress that has given us everything from angry birds to nanotechnology, but… still no Bladerunner vehicles.
The world is seemingly getting smaller. With the rise of social media in the last decade, everyone has constant access to what's happening all over the world. Countless stories circulate on the internet every day highlighting entrepreneurs---young and old---who are at the cusp of innovation with their new products and ideas. Some stories go viral, catching the eye of millions of people who are in awe at the individuals' innovative solutions to solve problems.
No matter how good you are at your job, slumps and dry spells are just part of being in a creative role at work. When it’s your job to constantly think, innovate, and create, there’s just no getting around it—sometimes you hit a creative slump. How you get out of that slump is what matters.
There are numerous new innovation job titles: Chief Innovation Officer (a job title that has increased in occurrence by 500% according to ZipRecruiter’s job title analysis), Innovation Manager, Innovation Coach… the list goes on. But one title that we’ve run into from time to time is the “Innovation Catalyst.” But what does an Innovation Catalyst do that’s different from other roles?
The workplace isn't just about work. Sure, reaching productivity quotas or snagging reputable clients matter, but so does the way your business operates.
Walking is good for your health. However, working for long hours and having a tight schedule can leave you with little to no time to enjoy the benefits of going for a walk.
Companies have to attract and retain top talent to remain competitive in a globalized world. Without a motivated workforce, they'll fail to meet their goals and achieve growth, year after year.
It is neither the business models nor the products that are innovative, but rather the minds behind them. Hence, nurturing a culture where people are willing to generate and execute on creative ideas is an essential skill for every innovation leader.
As innovation professionals, we too often look for inspiration from organizations such as Apple, Amazon, Tesla, Spotify, Google, etc. Cultures within these businesses are encourage transparency, experimentation and autonomy resulting in engaged workforce of the best and brightest minds, pumping out game changing products on-schedule, on-budget and on-point. We want that for the organizations that we support. We want to drive those behaviors.
A diverse team is no longer a pipe dream - it’s a pipeline leading to increased innovation and development.
To be successful, you must be the first one in and last one out. You must work extra hours, you must think about work, answer phone calls, reply to emails, even when you’re off the clock. You must put your personal life on hold to impress the boss. You must show your commitment to the company to ensure your place.
As a senior member of staff, it’s likely you’ve had to fire someone during your career. For both involved, it’s an extremely uncomfortable position but when employees aren’t performing you need to be able to act efficiently.
What are the key driving forces shaping the emerging future of business meetings, events, and conferences? The next five years promise to bring fundamental changes across society – from the clients we serve, to the technology we use, and the needs and priorities of business – literally everything is "up for grabs".
Now, more than ever, the corporate innovation industry grows as quickly as the technology that drives it. Thus, corporate innovators must set up the right foundational framework to kickstart their efforts. This Ultimate Corporate Innovation Playbook provides that framework by examining: