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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.
To understand the difference between how new ideas are treated in startups and in big companies, you need to understand the $1 million paradox.
2020 revealed our fragility and our capacity for adaptation, and what IdeaScale's 2021 State of Crowdsourced Innovation report reveals is improved innovation capability from faster implementation rates to more engaged leadership. Let's look at some trends and takeaways from this year's report.
In this article, we look at the future of work: as technology helps to automate more of our day-to-day processes, can we spend more of our time and resources on learning and innovation?
Private equity funds invest in many traditional companies. So do institutional actors. When asked, leading voices in this field often claim that they are not looking for the next big thing, but dominant companies in the field, with low risk and a relatively predictable and stable cash flow.
Building upon my popular article Rise of the Evangelist, I wanted to create an article for the global innovation community focused specifically on the importance of the innovation evangelist role.
Even the most fledgling innovation program have a research component. Innovation research guides decision making, problem statements, idea generation, solution sourcing, and several other points in the innovation lifecycle. And when it comes to research there are lots of ways to get the data that you need - but two common ways are surveys and crowdsourcing.
Every new year I create a series of personal and professional resolutions. Sure, many fade into (foggy) memory, but this year I was determined to once again focus on building out my professional network. So I’ve been getting out there and having some great conversations with smart leaders, who are connected to innovation development from different career levels, competencies, geographies and industry sectors.
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 pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions.
