Does your company have a process for nurturing ideas?
One of the most prevalent and dangerous misconceptions in innovation [...]
One of the most prevalent and dangerous misconceptions in innovation [...]
For any corporate innovation initiative to succeed, it is important that it is aligned with corporate strategy. Jeffrey Baumgartner shares a simple three step approach to help ensure that this happens and to avoid common pitfalls.
There are many different types of innovation, but business model innovation shows the strongest correlation with increased operating margin. Focus on Business Model Innovation is the first in a series of five articles by Gunjan Bhardwaj, head of Ernst & Young´s Global Business Performance Think-tank. The topics of the other articles are: Disruptive Innovation; Innovation in Networks; Social Innovation; and the Impact of Location on Innovation.
Describes a method for tying innovation efforts to the strategic framework of the firm
The importance of integrating strategy and innovation processes.
There are two key reasons why downsizing is bad for innovation. Neither is immediately obvious, explains Jeffrey Baumgartner in this must-read article.
What lessons can you learn about handling disruptive innovation? Author Jeffrey Baumgartner uses several examples from the photography market to highlight successful strategies for dealing with this increasingly common phenomenon.
There are several ways to incorporate brainstorming into a new product development session. Here are two of the most productive techniques.
To increase the odds of coming up with a great idea, you need to feed your brain. Michele Pariza Wacek offers three strategies for keeping your creative muse well fed.