How to Build Knowledge-Based Companies?

Knowledge management improves organizational processes through a variety of different practices, and enhances learning, which can increase both follower engagement and personal development. This article presents the two key steps of successful knowledge management that can be implemented by company executives.

Five Innovation Workshop Questions

There are a lot of best practices that we recommend to our customers: start with the end in mind, adopt criteria to drive ideation, use at least seven channels to communicate with your end user, respond to ideas with positive feedback and questions. But there’s another piece of simple advice that we give to all of our customers when they’re preparing an innovation challenge: seed your community with a few ideas before you launch.

Increasing R&D Spending Will Not Lead to Innovation, But This Will

In an analysis of high performance innovators (called in this article the “Global Innovation 1000”), researchers made a surprising discovery: “spending more money does not open the doors to innovation.”

4 Things to Think About When Launching Your Innovation Program

Launching an innovation program is challenging for a number of reasons. Most of the time, champions of innovation face two main problems: 1) the general challenge of coordinating the various aspects of the innovation department, but also 2) educating the rest of the community about the value of innovation and how it will impact them. Addressing some of the main questions or challenges right off the bat paves the way for innovation success later.

How to Pick the Right Idea?

Often times coming up with new ideas is not the hard part. In this example, a team came up with 752 new business ideas in a single workshop. But how can you pick the ‘right’ ideas? Gijs van Wulfen shares five lessons that he has learned in his innovation practice.

Harnessing the Power of Insight: Customer-Centric Innovation in a Changing World

Anyone has the raw capability to think of a great idea, but not everyone has the ability to bring ideas to fruition. It’s a process that requires vision, a strong handle on industry trends (both present and future) and risk takers willing to champion seemingly impossible feats. Most companies have innovators or teams of innovators with these qualities, but many don’t incorporate both customer feedback and customer observational research as key components for designing the next generation of product development. This article will explore the benefits of leveraging a customer-centric model to create more innovative, user-friendly devices that provide the support customers really need.

How to Effectively Manage the Fuzzy Back End of Innovation

You have doubtless heard of the fuzzy front end of innovation. It is another name for idea generation. But Jeffrey Baumgartner believes that the back end of innovation, where implementation is supposed to take place, is just as fuzzy. Many companies lack clear, efficient processes for implementing the ideas they generate.

Stop the Reckless Brainstorming and Focus your Creativity!

In their desperation to be innovative, companies often brainstorm themselves into idea overload, generating ideas that ultimately are failures. But what if companies could focus those brainstorming efforts and develop an efficient, targeted process for creativity? InnovationManagement asked Tony Ulwick to share his thoughts on how to leverage the creativity and get a better outcome.

Building Your Innovation Toolbox for Successful Co-Creation

Innovation management has become one of the most critical factors contributing to sustained business growth. Co-creation is an extremely powerful driver of innovation provided that you manage the process and harness social technology. In this article Catherine Constantinides takes a closer look at the different tools you need to consider to be successful.

Open Innovation for Small Companies

Open innovation may seem to be the preserve of big business. After all, it is often associated with long established monstrosities like Proctor and Gamble and IBM. But it is an approach that can be used by all companies, especially start-ups and small businesses, explains Jeffrey Baumgartner.

The crucial role of networks in helping firms generate and execute new ideas

Interpersonal networks within organizations have a huge influence on how successfully firms can generate and execute new ideas, says innovation professor Tim Kastelle.

How to Leap over the Shortcomings of Traditional Group Brainstorming

Brainstorming can be effective if it is performed properly. In this article, Jeffrey Baumgartner explores some of the weaknesses of traditional brainstorming and explores several potentially fruitful alternatives.

Creativity: How to Retrain Your Inner Censor

If you want to make the most of your creative potential, you need to learn how to override your inner censor so that it does not stifle your most imaginative ideas. Here are several techniques you can use to do this.

Innovation Strategy: Hurdles are for Leaping Over

The biggest hurdle to innovation is probably allowing hurdles to become insurmountable. The thing to remember, however, is that hurdles are for jumping over. The best method of jumping over innovation hurdles is through creativity and innovation.