As two intermediaries from Hamburg that foster open and cross innovation processes, Science Scout (an initiative of Hamburg Innovation) and Cross Innovation Hub (Hamburg Kreativ Gesellschaft) joined forces to start a discussion around the stimulation and measurement of open and cross innovation processes.
Business innovation benefits business owners and consumers alike. It helps grow competitive advantage in saturated markets and time and time again have proven to be financially lucrative and socially inspiring. It's crucial to any organization's long-term success and especially hard to scale and maintain.
Why do a large part of the design thinking projects in the corporate world never pass through the prototype phase? In recent years I’ve been involved with many design thinking initiatives. Many of them related to the development of new products inside large companies in industries such as finance, health, education and consumer goods.
By combining physical and digital elements in our innovation experiments, we can often uncover significant opportunities that weren't apparent before. Dan Keldsen shares a fascinating example from a retail setting.
Seth Godin recently published a blog post about a concept called "idea tourism." In it, he warns that we can't just be spectators when we come in contact with big ideas that could potentially transform our businesses. Rather than superfically reading about this big idea, I decided to dig deeper into it, to understand what it really means to you and I.
Here are 10 steps you can take to turn your company into an innovation leader that races forwardswith new products, services and improved processes while your competitors remain far behind with outdated products, limited services and inefficient processes.
Fear of change can make people resist the best of ideas. Keep this in mind when you innovate!
When you are cutting costs and squeezing resources in all areas how can you find the people, time and money for innovation? Paul Sloane offers 5 practical strategies for innovating on slender means.
