strategy

The 7 Fundamentals for Succeeding in Innovation

It isn’t exactly easy to succeed in innovation. The vast majority of innovation attempts seem to fail and a mere 6% of executives are satisfied in their innovation performance, despite innovation generally being considered as very important for the future of their organization.

What the Ideation Platform Marketplace is Getting Wrong – the 7-Year Itch?

The ideation platform marketplace hasn’t really changed that much in the past 7 years or so. There was an early burst of innovative design and alignment with user needs, but at this point the sector seems to have stagnated in terms of how they add value. Call it reaching middle age, or perhaps they are having a 7-year itch?

6 Mistakes to Avoid When Creating a Social Media Conversion System

Many people create social media profiles, and then simply leave them online, not particularly performing or contributing to business at all. Social media can be considered a necessary, if not a little meaningless, use of time and resources, but the people who think this way are often missing out on the amazing conversion rates that social media can offer when used properly.

5 Tips to Build a Strong and Successful Team

You may be the mastermind behind the business idea that has led to establishing your company, but your employees are the backbone of its success. No brand, no matter how necessary it may be, is immune to failure caused by poor internal structure and leadership.

The Value of Innovation at a Time of Crisis

We often talk about the role of innovation in an age of constant, radical disruption, as defined by the 4th industrial revolution. Within this new environment, innovation leaders should play an essential role in helping the organization thrive and drive growth.

Musings of an Apprentice: Business Thinking Meets Design Thinking to Create a Design-led company

Abstract: A perspective of a redesigned, reformed and transformed business design professional. The author shares her journey, experience, progress, and point of view on today's often discussed "design thinking or building a design-led innovation culture."

Use These 7 Hacks to Become a More Successful Entrepreneur

Why do most small businesses fail within their first year? The answers you'll get will vary depending on who you ask. I think it comes down to one thing - habits. Successful entrepreneurs engage in the right behaviors on a consistent basis, while struggling entrepreneurs practice limiting behaviors on a consistent basis. Here are 7 things to incorporate into your routine to make you a better entrepreneur.

Optimizing Meetings to Maximize Individual Brainstorming Time

Are you overwhelmed by unnecessary meetings? We’ve all been there: one more meeting, and you feel like you’re going to scream. You’ve been trying to make some real progress on your creative project, but the constant meetings have really been cutting into your individual brainstorming time. If you feel like the number of meetings you’ve been attending is cutting into your productivity, you’re not imagining it.

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.

Struggling with Company Culture? Here are 3 Ways to Improve Your Work Environment

Company culture is an extremely important component of a healthy business. Culture serves as the personality of the organization and has a huge impact on the company's reputation with both internal employees and externally with customers and clients. In addition, workplace culture can influence an employee's productivity and results. Companies who focus on building a positive culture will reap the benefits of a motivated and high-achieving workforce as employees will feel much more contented and connected at work.

Organizational Revolutions through Idea Hacking

Businesses face the dilemma dividing resources between protecting the current value chain and developing new value propositions that in time replace the old ones. Not every organization has the luxury to have its own dedicated innovation unit and still then the ideas might not always be too innovative. Hackathons are an affordable and energizing way to generate innovative ideas that can revolutionize your organization.

Innovation Lessons from Rome’s Greatest Enemy

What innovation lessons can we learn from Hannibal, one of history’s most illustrious generals? In this piece based on a chapter from Paul Sloane’s ‘Think like an Innovator’, we’ll look at how Hannibal’s battle strategies and tactics can apply to innovation today - from using new and unexpected resources, to outflanking your competition, to understanding the importance of networking.

Scaling: How to Slay the Entrepreneurial Dragon

If you’re reading this, then you probably know the feeling - You’ve reached a certain point in your company’s growth where everything is looking good: you have the right people, the right product, and everyone is happy. Then, you realize that this comfort isn’t going to last forever. Scaling up is a scary step, because it’s easy to be too ambitious and undermine the progress you’ve already made.

High Stakes Industrial Innovation with Paul Brody

Paul Brody is a Global Innovation Leader in BlockChain Technology and a Solution Leader in the Industrial Internet of Things at EY. Paul has spent more than 15 years in the electronics industry and has done extensive research for his clients on technology strategy. Paul understands that technology is deeply rooted in strategy, but it gets complex as new technologies and disruptions arise in our modern world. For example, the moment self-driving cars are perfected, it will cause a huge disruption in our economy, so how can we navigate through it?