Where to Start with Innovation? Begin by removing the Barriers

Surveys show that the large majority of senior executives see innovation as critical for their businesses but what if you want to make your organization more agile and innovative where should you start? You could launch a big initiative with grand statements, training classes and an ideas scheme but you tried all those last year and they fizzled out. It is better to begin with a brutally honest assessment of what is preventing innovation from happening today.

The New Normal: From Product to Platforms and Processes

Platforms and processes, rather than products, will become the focus of new business creation as we move forward. The main characteristic of a handful of new trends in business – Collaborative consumption, Sharing, the Maker movement and the Circular economy – is that the value creation is less about adding some new feature to a product. Instead, the appeal of these models is that they can deliver more value for less by involving a number of stakeholders, including the users, in co-creating solutions.

Organizational Processes and Structures Supporting Open Innovation

Open innovation cannot be implemented in companies without the right organizational structure and processes supporting it. What are these organizational structures and processes that facilitate open innovation in companies? They determine the success of open innovation practices and, therefore, this theme clearly deserves more attention from managers. It is surprising that very few academic and professional articles have been written about this topic.

Making Innovation a Systemic Capability

For innovation to become a core competence and a tangible cultural value, there has to be a substantial degree of internal consistency between processes, metrics, reward structures, rhetoric, and top management behavior. But it is precisely this synchronicity that is lacking inside most companies, says Rowan Gibson.

Innovation lessons from Silly Putty

In times like these, many people are waiting for better times to take action, to try new things or to create change but that is not the solution. To succeed, you must act, seek and welcome change and go beyond the norm, today. Here are 8 lessons from Silly Putty on how you can "eggceed" expectations.