Saving the Climate is Saving the Business – Aligning Sustainable and Open Innovation

''Climate change is a result of the greatest market failure the world has seen. The evidence on the seriousness of the risks from inaction or delayed action is now overwhelming. We risk damage on a scale larger than the two world wars of the last century. The problem is global and the response must be a collaboration on a global scale.'' (Professor Lord Nicholas Stern, London School of Economics, at Royal Economic Society Manchester, November 2007, guardian.co.uk)

Successful Approach for Improving Innovation Management for SMEs

It's a well known fact that Europe's competitive potential is dependent on the capacity to be truly innovative and creative in launching new successful products and services. This can be a daunting challenge for many organizations, not the least for small and medium sized enterprises that often lack proficiency in innovation management. IMP³rove is an approach developed especially to meet the needs of SMEs to help them develop innovation management performance with sustainable impact.

Learning to Trade and to Innovate at the Base of the Pyramid

Is sustainable business the missing link in alleviating poverty and boosting global trade and prosperity? If so, how should companies exploit this opportunity in practice? Louise Koch, Danish Anthropologist and Business Innovator, talks about best practice, mindsets and resources for sustainable, people-centred innovation in developing countries.

Understanding the value of a strategic innovation approach

For companies desiring organic growth and whose innovation efforts are not yielding the results demanded, using a Strategic Innovation approach using structured tools and methods will produce higher value products, services, systems, and environments that will resonate deeper with people to encourage them to become loyal customers. This approach delivers better solutions that are feasible to build, viable for profit, and desirable to the user.

Does your Firm Have an Innovation Czar?

It never ceases to amaze me. I’m meeting with the executive committee of a major global company. I’ve just asked if innovation is one of their top strategic priorities. Their unanimous answer is “yes”. I then ask about their individual responsibilities. “Which one of you is the CFO?” “Who is head of HR?” “Where’s the CIO?” One by one their hands go up. Yet when I ask to see their global director of innovation, nobody raises a hand. Everyone just looks at me with a blank expression. So, sure, this company understands the innovation imperative. But nobody in its leadership team is directly responsible – or accountable – for making innovation happen across the organization. And they don’t even seem to be aware of the paradox.

Rethinking the role of HR as the Catalyst for Sustainable Innovation

With many companies downsizing, rightsizing and reorganizing lately, human resources is about as popular as bird flu these days. But savvy companies have a real opportunity to rethink the role of HR - into the engine that drives the cultural changes needed to achieve sustainable innovation, according to Rowan Gibson.