Innovation strategy: Does your new product idea really solve a customer problem?
Whether you're inventing teabags or nail polish, innovations that solve actual problems make more common sense to consumers than "bright ideas" that "assume" a problem.
Project Management vs. Managing Innovation Projects
What's are the differences between managing an ordinary business project and managing an innovation project? Joyce Wycoff, in a recent issue of the InnovationNetwork's Heads Up! e-newsletter, provides some important insights:
Presenting Innovation in a Way That Gets to ‘Yes’
As the global economy has improved and CEOs get past their hunker down/cut costs/survival mentality, the question of how to drive growth begins to dog them. But getting senior management to take action on innovation often needs a catalyst, and a solid strategy for getting them to say "yes" to innovation.
An Overview of Idea Management Systems
Idea management technology helps organizations to gather ideas from all employees, evaluate them and bring them to market faster than ever before. Learn more about the typical features of these powerful tools, and the benefits they can provide to firms like yours.
Innovation: Creating the best practices of tomorrow
The best way to create value is to innovate your way ahead of the competition. You need to create temporary monopolies where yours is the only show in town. You can do this by harnessing the creative power of your greatest asset, your people. The goal is to turn them into opportunistic entrepreneurs who are constantly looking for new ways of doing business.
Innovation Vanguard Firms Show the Way to Beating the Downturn
Could the current economic downturn actually be sparking an upturn in innovation? I see subtle signs of that happening. Anemic corporate growth, the bursting of the bubble economy, and the merger hangover are creating a unique, one-time opportunity for those of us who are advocates for and practitioners of systematic innovation.
Are your innovation ducks all in a row?
If being innovative is so important to organizations, then why is it so difficult to achieve?