Innovator Dilemma vs. Innovator Phenomena: The Theory of the Firm’s Phenomena

Established firms’ strategies remain characterized by the inability to master---some will say even comprehend---the economics of choosing. It is particularly surfacing unresolved relationships between [1] technical-technological, [2] economic and [3] social combinations taking place within established firms e.g. manufactured product.

Coronavirus Crisis Only Heightens the Need for Innovation and Co-Creation

Those of us that work in the innovation management sector need no convincing of the benefits that it can bring to businesses and government departments all over the world. Adopting an innovative culture and approach allows an organisation to survive and thrive in the highly competitive modern business world and helps prevent them from becoming irrelevant or even obsolete.

He-Man can Teach You Powerful Lessons about how to Successfully Manage Continuous Innovation

The whiplash journey of Mattel’s beloved kids’ toy range perfectly sums up the fundamentals and key challenges of managing continuous, successful corporate innovation.

Why Don’t You Have Enough Innovation?

Nearly every company’s strategy these days is to grow through innovation, yet many fall short. We all know the standard reasons: innovation is hard, innovation is uncertain or innovation grinds against the gears of the operating organization. They are all more or less true, but they are also simplistic, not really guiding executives on how to actually get more innovation.

7 Mistakes to Avoid when Measuring Innovation

Measuring innovation is one of the most ambiguous tasks when engaging in innovation management. Because of the complex nature of innovation, finding the right metrics is far from being simple.

What’s Keeping CInO’s Awake at Night: The Latest Corporate Innovation Trends From a Range Of Recent Conferences

Over the past couple of weeks, I have participated in several conferences / events, to better understand key trends in corporate innovation. Each event was excellent, but also very different in scope, audience and approach.

As Corporate Innovation Evolves, Past Lessons Are Being Ignored

This article provides a personal perspective to the ongoing evolution of corporate innovation efforts, along with an overview of how some past mistakes are being repeated.

Are Legacy Approaches to Talent Inhibiting Your Innovation Efforts?

The legacy approach to talent selection involves matching education, length of experience and functional skills to the role. All of this makes sense as a baseline, and for well-established professions. But, we argue, selecting talent for innovation requires a whole new approach. Companies must recognize specific innovation skills that drive business outcomes. Yet today, most lack the tools to do so.

7 Ways Startups can Foster Innovation through Sustainability

Here’s a spoiler: 90% of all startups fail. The 10% that make it have one thing in common - they all are bringing in innovation through sustainability. These startups are all about evolving by providing faster results with less wastage. It’s a never ending process of innovating for the present and future generations.

Generating Disruptive Ideas for the Hyper-Digital Era

Disruptive ideas don’t just happen - they must be championed. In doing so, intrapreneurs must address two fundamental truths when leading big idea innovation: that of value creation and that of persuasive communication. If you want to learn how to scale innovation across your enterprise and create a disciplined approach for creating market-changing ideas, One Hour Innovator is a great place to start.

A Look Back at Three Innovations that Have Changed Our Lives

Nowadays, the words “innovation” and “creativity” get thrown around a lot in the business and academic world. But the road to making successful innovations is filled with challenges, opportunities taken or missed, and plenty strikes of luck. Often, people invent machines to face a recurrent problem. These inventions, in turn, spawn other inventions and innovation. These types of inventions have the most impact on society. Here’s looking at three inventions that have changed our lives forever.

Trends in Innovation Leaders: Greater Risk and Big Bets

The latest Innovation Leaders research shows that there is an increasing number of high-growth companies that are prepared to take greater risk and make big bets. Rather than focus just on incremental growth, they are being bolder and are seeking to develop more radical innovation opportunities. Despite requiring significant investment and offering no guarantee of success this approach has been transformational for some. Where and why is this happening and what has changed that has made this approach more common?

Intrapreneurial Success: Leading Disruption, Managing Change

Embracing an intrapreneurial mindset, which intentionally disrupts things from the inside out and often from the bottom up, is a radical concept for companies that thrive on stability and predictability. However, if an enterprise is committed to developing its innovation capability through intrapreneurship, three groups of people must be mobilized to make it happen: leadership, stakeholders, and innovation support.

Using Design Thinking to make your employees ready for the Internet-of-Things

Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.