SWICH – The Six Week Innovation Challenge
The Six Week Innovation Challenge is becoming the method of choice in corporates. And it's not only innovators who love the sprint - leaders embrace it just as much.
Leveraging Alien Thinking: Exclusive Interview with Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade
For the past decade, Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade, professors of innovation and strategy at IMD Business School, have studied inventors, scientists, doctors, entrepreneurs, and artists. These people, or “aliens,” as the authors call them, are able to make leaps of creativity, and use five patterns of thinking that distinguish them from the rest of us.
Let’s Settle the Debate – Innovation Both Is & Is Not Everyone’s Job
Is ‘innovation’ everyone’s job – as so many claim it is? Or is it not everyone’s job – as the counterargument goes? The reality is not quite so simple. Dive in as we examine the three cases of significance here – two in which innovation is everyone’s job, and one in which it isn’t.
Frugal Banking: An Opportunity to Create Customer Value in the Future?
Investments that are necessary to innovate and serve customers are no longer sustainable while COVID-19 hastens the need to exploit the potential of digital innovations. Serving customers accurately during unprecedented times requires a new mindset and business model innovations. If banks respond to customer requirements in completely new special situations, they can gain trust and integrity and become winners of the crisis.
A Successful Approach to Corporate Innovation: ‘The 8 Ps of Innovation’
The business environment is becoming increasingly complex. Organizations have lived in a stable environment for many decades. The competitive advantage resulted from executing better than competitors. This is no longer the case.
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.
Affordable Business Ventures for a New Entrepreneur
Some people are born with an adventurous entrepreneurial spirit. Others become entrepreneurs due to circumstance and chance. Regardless of the reason, being your own boss and making your own hours is alluring to just about everyone.
Small Businesses can Overcome Financial Woes Through Innovation
Starting up a small business can be rough. Even if you possess near-infinite entrepreneurial spirit, chances are that you’ll run into some roadblocks along the way. Whether these obstacles are based in logistics of strategy and implementation of your business model, or even issues with the very products and services you offer, most of these problems can be solved with financial influx.
Effectively shifting gears between the different phases of the Innovation Pipeline
Adventurous as the word innovation may sound, an innovation consultant’s job consists for a large part in de-risking the innovation process. In order for innovation to be a viable undertaking for any company, the outcomes of the innovation need to be maximized, while the risk involved needs to be contained as much as possible.
Increasing Experimentation and Autonomy Capability: The New Corporate Innovation Imperative
In the past 12 months, there has been a concerted push to foster a more experimental and autonomous workforce within mature, corporate organizations. This is impacting how innovation professionals operate, drive value, and ultimately succeed in their own careers.
Lean Start-Up and Digital Skills: Are They Enough?
If you’re like a lot of people, your company is trying to drive innovation internally, with a workforce that wasn't really hired for that. It's a tough nut to crack, and the very reason we started Swarm Vision.
How to Turn a Failure into a Wild Success
After six months of hard work, we were sitting together on a warm spring afternoon enjoying a beer in one of Melbourne’s new hipster bars. We had learned a lot, traveled all over Australia and met amazingly passionate people. We’d put together a lean startup with a focus to test a simple business idea and we’d heard countless times how much our tools were needed. There was only one problem. We had failed.
A Compelling Value Proposition: The Missing Tool in Your Lean Startup Kit
Eric Reis first introduced the concept of Lean Startup in 2008. Today Lean Startup is deployed far beyond entrepreneurial circles and is taking root in large, complex organizations looking to improve their new product success rates – and in the process build lean cultures. This is very good news. Too often the processes corporations use in pursuit of innovation can actually erode their capability to innovate. Still, when applying the principles of “Build – Measure – Learn” to initiating Lean practices in corporations, there is room for improvement…and possibly even for a pivot.
The Many Paths to Collaborative Innovation
The Lean Startup. Lean Thinking. Design Thinking. Agile. Skunk Works®. Outcome-Driven Innovation. Customer Co-Creation. Future Search. The World Café.Hunting for Hunting Grounds. Choosing an approach by which to pursue collaborative innovation is like choosing a religion. In this article innovation architect Doug Collins reflects on the essence of the practice.
How to Combine Innovation with Lean and Six Sigma
Innovation never takes place in a vacuum cut off from other initiatives to improve performance. Doug Collins takes a look at how to team up with people in the Lean and Six Sigma processes.