15 Foundations for Facilitating Creativity in the Workplace
Here are lessons learned from 12 years of creative facilitation in business, from creativity expert Michelle James.
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.
How to Manage in the Age of Turbulence
In times of global turbulence the role of innovation is more important than ever. InnovationManagement spoke to global strategist John Caslione who, together with marketing guru Philip Kotler, recently published their new book CHAOTICS: The Business of Managing and Marketing in The Age of Turbulence.
Collaborating Downstream in Emerging Markets
Not so long ago, internal R&D activities were considered one of the most valuable assets a company could have. The rather “outmoded” concept of closed innovation, in contrast to open innovation, was built on self-reliance and on the principle that successful innovation required control and secrecy.
Innovation and the hidden value of the primacy effect
People will remember the first and last times they interact with you. Use innovation to make sure each touch point is memorable and makes a good impression.
Saving the Climate is Saving the Business – Aligning Sustainable and Open Innovation
''Climate change is a result of the greatest market failure the world has seen. The evidence on the seriousness of the risks from inaction or delayed action is now overwhelming. We risk damage on a scale larger than the two world wars of the last century. The problem is global and the response must be a collaboration on a global scale.'' (Professor Lord Nicholas Stern, London School of Economics, at Royal Economic Society Manchester, November 2007, guardian.co.uk)
True Innovation – The Key to Success
“There are no quick fixes and no easy answers for succeeding at innovation” says Dr Robert Cooper, senior consultant to Fortune 500 firms and top scholar in the field of innovation management (PDMA) in an interview with InnovationManagement. “It’s back to basics – an aggressive innovation strategy that focuses your businesses’ R&D efforts; effective portfolio manage to pick tomorrow’s growth engines; a climate and culture that fosters innovation in your business; and a robust idea-to-launch system.”
Ideas management: What if there are no ideas?
‘Innovation starts from the top’ is a frequently used phrase; but there are many steps involved in a successful innovation strategy. What unfortunately I too often see, and in many organizations, is a huge gap between top management thinking and the understanding in the rest of the organization about innovation. Everybody might agree that innovation is important in principle. They might even be in agreement about the particular process that could bring new ideas to fruition, and implement new thinking in an innovation. This is all fine – but what if there are no new ideas?
In Search of Failure – Designing for Failure?
Who would be searching for failure? Failures just happen, though we always hope to avoid them. A vile thing, a vile word, no? Read more in this weeks' column by Bengt-Arne Vedin, PhD and Professor emeritus in innovation management. And why not joining in helping Bengt-Arne improving the article by joining the discussion?
How to Avoid Open Innovation Failure
Make sure your internal innovation capabilities and processes are in order before you open up your idea and innovation strategy to the world.
Lean Innovation Management for SMEs
The use of innovation management increases your operational margins. This was one of the key findings of a European study on Innovation Management performance within SMEs. The growth champions were reaching approximately 12% operational margins, an exceptional performance compared to the 5% operational margin of the average SME. In this article Dr. Dirk Balfanz and Dr. Bernhard Kölmel describe a lean and efficient approach to Innovation Management specifically targeted to the needs of SMEs.
Intel Initiative Aims for More IT Enabled Innovation
The Innovation Value Institute (IVI) is a unique industry-academic open innovation consortium. IVI researches and develops unifying frameworks and road-maps for IT and Business executives to create more value from IT and better deliver IT enabled innovation.
Innovation Strategy: Matching What is Possible with What is Needed
Corporate innovation has traditionally been driven from the technology side; from departments like R&D and engineering. It’s an approach that can be very successful. Indeed, it has often led to great breakthroughs. But if a company wants to win in today’s value-based economy, this is no longer the best way of doing things.
How to Align Innovation with Your Corporate Strategy
For any corporate innovation initiative to succeed, it is important that it is aligned with corporate strategy. Jeffrey Baumgartner shares a simple three step approach to help ensure that this happens and to avoid common pitfalls.
Editorial: From fortress of innovation to eco systems
Leading companies in Europe have abandoned their old and more or less closed systems, and are building new eco systems that include collaboration with academies, suppliers and sometimes even competitors to create more value for their customers. These companies are examples of a successfully managed innovation process.