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.

Unlocking the One Trillion-Dollar Sustainable Innovation Opportunity

Last week Unilever announced research showing that one-third of consumers now purchase its brands based on their good social and environmental performance, but went on to suggest that brands are missing an opportunity from not promoting sustainability effectively. Getting this right could unlock a further $1trn market opportunity for sustainability innovators.

A Quick Guide to External Collaboration

Working with external partners to bring better products and services to market faster and/or develop better intellectual property has never been more popular in the world of business than what we see today.

The Space Between Hesitation and Commitment with Michael Gervais

Michael Gervais is a high-performance psychologist who works in the trenches of high-stakes environments, he is a recognized speaker on optimal human performance, and he is the host of the Finding Mastery podcast. What can Michael teach us about success in the corporate world? Well, just a few of the important topics Mark and Michael discuss on this week’s episode are: Why is an understanding of the space between hesitation and commitment so fundamental to raising performance? What is micro-choking, and how can you dissolve pressure? A definition of failure that challenges us to step up.

How Innovation Equals Diversity: the Science and Promise of an Inclusive Workplace

Innovation may have a different meaning for every individual, but the true key to thinking outside the box lies in a diverse mindset. Allowing diversity into a business plan can be the secret to succeeding and achieving greatness. Don’t just take my word for it; evidence backs it up too.

The Most Powerful Question In The World of Business

Michael Bungay Stanier, Founder of Box of Crayons, teaches the principles of how to do less hard work and more good work to managers around the world. In this interview he explains why coaching can transform not only the person receiving the coaching, but also the coach; he reveals what he believes is the best coaching question in the world, and why it is so powerful and AWEsome. And finally, he unpacks habits, how to develop new ones, and their importance in the world of work.

2019-11-28T09:24:11-08:00November 11th, 2016|Categories: Innovation Ecosystem, Leadership, Podcast|Tags: , , , , , , |

10 Ways to Reduce the Innovation Failure Rate

You are not able to stand still in this fast paced business environment, but most of the time innovation fails. Innovation process-expert Robert Cooper shows that of every seven new product/service projects, about four enter development, 1.5 are launched, and only one succeeds. Innovation is so difficult to master, indeed. I love to share with you five reasons why innovation goes wrong and give you ten ways to reduce your failure rate of innovation.

Creativity: Why it’s Better to Turn your Problems into Goals

When it comes to creative problem solving, which is more effective? Focusing on the problem at hand, or on setting goals for what we'd like to accomplish? Jeffrey Baumgartner explores this perplexing question and comes to a very clear conclusion.

Can Companies Sidestep Disruptive Innovation?

Can companies sidestep or blunt the effects of disruptive innovation? It's possible, but not likely, explains Steve Denning in a recent Forbes column.

Product Innovation: Unifying People, Processes and Tools

Product innovation is not simply about generating new ideas. It is a complex process, and many organizations struggle with the design and implementation of an effective innovation strategy that yields measurable results over the long-term. Sustained growth and profitability can be achieved through the integration of three critical levels: People, processes and tools.

How Appreciative Inquiry Can Help you to be More Creative: Interview with William E. Smith, Ph.D.

Appreciative inquiry gives us the power to transcend current models, thinking, judgements and structures, so we can realize more of our creative potential, explains William E. Smith Ph.D, President of ODII. Bill is an innovative thinker and practitioner in the field of leadership, organization and social development. He's developed new, creative approaches to organization for multinational corporations, governments, and villages all over the world.

Become a creative artist whose medium is everyday life, urges improv expert

As an accomplished improv performer, singer and actress, Cathy Rose Salit believes we all get too stuck in our 'scripts,' too comfortable with our 'stock characters.' We need to try new things, to expand our personal repertoire, to become more creative in our work and lives.

Changing Mental Models to Make Innovation Work

We see a lot of programs being run in companies in the name of innovation. Of course some of the large corporations need to run innovation programs for name sake. They need some window dressing for analysts and industry observers lambasting the same for not being innovative enough.

Make Yourself Obsolete or Your Competitors Will

As history teaches us, maintaining the status quo may keep you in the money in the short term, but long term it can hurt your company and your industry. You have two choices: Make yourself obsolete, or your competitors will, warns Patrick Lefler.

Embrace Mistakes as a Source of Learning and Invention

How does your company deal with mistakes? If continuous learning from your employees, innovation and even breakthrough innovation are important to you, it is critical you embrace mistakes, at least as sources for learning and invention.

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