Focused on communicating to and influencing leadership (ex: “How do I get funding for this project?”)
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.
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.
Managers frequently rely on innovation to drive profitable growth. In many industries new products and services are fundamental. However, although product and service innovations are and have been important to firms for decades, competitive pressures and the search for increased profit have pushed business model innovation higher on the priority list.
I have long argued that companies should look more at the people side of innovation rather than concentrating all their efforts on processes and concepts. The necessity of building trust as a basis for successful open innovation makes this even more relevant, and it also brings more power to the people who really drive innovation within a company.
Now that you've created that next great thing, how do you convince your customers that it really is as great as you think it is?
It is a major challenge for an innovation leader to operate in an environment where the top executives don
One of the problems that many large organizations face is how to innovate successfully within the confines of a massive, bureaucratic operational structure. Nowhere is this more apparent than in the area of research and development, where small, entrepreneurial firms routinely do end runs on large companies will multi-million dollar research budgets.
In many organizations, big ideas cause change, and thus they tend to encounter a significant amount of resistance and inertia. The solution, according to Jeffrey Baumgartner, is to cultivate idea stakeholders. Read on to learn how to build support for your big ideas.
Building the buy-in for your ideas is a key determinant of your success, both inside and outside of your organization. How do your idea-selling skills stack up? Here are some tips on how to improve them!
In today's fast-paced world, few of us take quiet time for creative thinking and problem solving. But we should!
In these times of rapid, profound change, you can't effectively plan your future by extrapolating the past.
