process improvement

Brand Relevancy: Brainstorming Your Way to Business Innovation and Growth

Running a business is tough, no matter what industry you're in. Retaining loyal customers and remaining relevant are some of the biggest challenges faced by today's business owners. Fortunately, you're not alone and your company is not the first to navigate these waters.

9 Ways to Elevate Your Business Performance with Mind Mapping

How can mind mapping help businesses elevate performance and strive towards innovation? Every entrepreneur or business professional will agree that an exceptional business performance is what drives the company and exemplifies a solid base for success, amongst great competition and fast moving markets, always hungry for innovation and groundbreaking products or services.

Game-changing Innovations are Right in Front of You, So Why Don’t You See Them?

Your greatest innovation opportunity may be right in front of you. The problem is you don’t see it. Every day for the last decade of your life this problem has annoyed and frustrated you. Its solution is worth billions of dollars and would open up a totally new market. The problem is, like the millions of other people who have this problem, you don’t think of it as a problem anymore. You’ve been desensitized. You’ve lost your ability to innovate because of something called habituation.

Driving Innovation in Middle-Market Companies

For those of you who read my articles on a regular basis, you will know that I tend to focus on driving innovative activities and cultures within large, corporate organizations. Today however, I would like to focus on the value of innovation to growing, mid-market companies. For the purposes of this article I will consider mid-market companies as anywhere from 300 – 3,000 employees. This is just an arbitrary number, but it provides context for our discussion.

The Growth Accelerator – Managing Innovation Based Growth

Growth is on the top of the management agenda as shareholders simply demand return on invested capital and current business is not delivering it. So what is the best route companies can take to achieve it? How can companies create and accelerate growth? To succeed companies must possess the capabilities and take a systematic approach to go beyond their core business.

A New Management Innovation – the Chief Digital Officer

Global business is currently undergoing one of the most significant changes seen in the last thirty years. What commenced as a computer hardware revolution in the 1980s has now given way to a software revolution that is impacting every organisation, a revolution which is accelerating at such a rate that many businesses are having difficulty keeping pace.

Get a Taxi – Anatomy of a Process Innovation

With over 400 million Google hits, “innovation” may be considered a buzzword, some entrepreneurs may even avoid talking about it, but they’re certainly practicing it! This article takes a closer look at an example of process innovation in the service industry. Understanding it better offers the possibility of spotting a large range of opportunities and converting them into business successes.

5 key Success Factors to Enable Transformational Innovation within Businesses

Transformational innovation for many businesses is inherently complex and, in many cases, high risk. It can be a big distraction, expensive in terms of cost and resource bleed from other key activities, must be managed carefully and will frequently not be successful. This article explores some key factors to work with when looking for transformational innovation.

Governance in the Context of the Innovation Blueprint

What does governing the practice of collaborative innovation mean? When we govern do we compromise the spirit of openness and experimentation that enlivens the practice? In this article innovation architect Doug Collins applies the blueprint for collaborative innovation to explore these critical questions. His view? Governance is guidance: helping people work to their potential.

Jugaad: Lessons in Frugal Innovation

Resourcefulness amid serious constraints is known in India as ‘Jugaad.’ In this article, Accenture’s Mitali Sharma suggests this simple concept — which gave birth to a $2,500 car, a $12 solar lamp, and a life-saving incubator made from car parts — might be the antidote to the complexity plaguing your innovation process.

Entrepreneurs of the World, Unite in Eco-systems!

Clientelism, Wintelism and innovation eco-systems: moments of truth within the global semiconductor industry. Europe and Japan tried for years to challenge Intel by building national seminconductor champions, yet wihout success. Today, a small British company named ARM has qua its eco-system strategy managed to launch a more serious go at Intel.

2019-04-30T09:38:18-07:00February 20th, 2012|Categories: Blog Archive|Tags: , , , |

Social Product Innovation Challenges: Business Processes

Recent data from the Industrial Research Institute (IRI) shows a sharp rebound in planned R&D spending. After the past few years of operating with reduced budgets and staff, companies are finally starting to make the R&D investments they need to ramp up the innovation and product development activities that will help them achieve their growth goals.

Learning from Practicing Mass Customization and Open Innovation

Emotions, empathy, connection, love, storytelling, self-care – I am referring what I heard about the consumer. Creative revolution, democratization, social innovation, experience, passion – I am referring to what I heard about innovation.

How to Keep it Simple and Generate Better Results

You can make it as complex as you like, but what really matters in innovation is the simplicity of management and only a minimum amount of bureaucracy. Innovation management is in many aspects different than regular business operations (less predictable, riskier), but in many aspects it is very much alike (basic management practices).