In an increasingly competitive, connected and globalized world, co-innovation and value co-creation have recently become the norm for all R&D projects from startups to large organizations. In fact, co-innovation is critical to the development and sustainability of organizations of all sizes and and all industries.
In this series I’ve been critically examining the significant changes impacting the corporate innovation competency, which leads to how organisations drive future growth and impact.
This article discusses the types of knowledge within a case organisation and mechanisms to abstract this knowledge to therefore drive innovation within an account management team.
Innovation is usually spoken of in relation to products, research, and development. However, every aspect of your business can be innovated. In fact, one of the most important – and often overlooked – is customer service. Innovative customer service helps you build loyalty, encourages repeat business, and can also bring in new buyers as they observe how you care for your consumers.
Human-Centred Design has served us well as an innovation strategy over the last decades, making things better for people and more profitable for business. Today there is growing and widespread concern about the impacts of all this innovation on a third ‘P’ – the Planet. To innovate for a sustainable future we must transform our model from Human-Centred to Humanity-Centred Design.
The scientific consensus on anthropogenic climate change only grows stronger. The most recent word from scientists is that the present warming of the globe is "unprecedented" in the last 2,000 years. Some 99% of scientists stood in agreement on this in 2011, and now the scientific community has declared there's "no doubt left" that human activity is warming the earth.
With the rise in global warming and climate change as a product of burning fossil fuels to power a civilization on the cusp of a technological revolution, governments and their citizens are demanding a change.
As the Co-founder at Viima, an idea management software company, I frequently get asked about the future of idea management. With the amount of innovation that we’re seeing across industries, it’s hardly surprising.
Every year, IdeaScale convenes a gathering of innovators from all over the world who share their best practices in managing and delivering on new ideas.
Here’s a spoiler: 90% of all startups fail. The 10% that make it have one thing in common - they all are bringing in innovation through sustainability. These startups are all about evolving by providing faster results with less wastage. It’s a never ending process of innovating for the present and future generations.
As our population grows and we use more natural resources than ever, the issue of renewable energy sources becomes ever more pressing. Innovation isn’t only important in the business world, it’s also crucial for ensuring the future of our planet.
Today's innovation rules were forged in a world that paid little attention to sustainability, where profit was separate from this higher purpose. Yet the disruptive nature of sustainability must surely change the way we innovate too. We must continue to reinvent our innovation processes to ensure it is fit for a changing world, in the five ways highlighted here.
Most people agree on the importance of sustainability in innovation, so why is it difficult to deliver? In this article, we’ll explore three hurdles to sustainable innovation: it’s often not considered by innovators themselves as they plan their projects; sustainability is not framed as an exciting and imaginative opportunity; and that sustainable innovation may not fit into a company’s ongoing processes.
From manufacturing to accounting: in every sector, organizations sooner or later declare themselves ‘innovative players’. Sad but true: as a mantra for businesses far and wide, ‘innovation’ too often becomes a catchphrase devoid of meaning. So let’s break it down and get back to the nitty-gritty: what is innovation exactly, and why should you care about the word’s core meaning?
You can’t go an entire commercial break during the World Cup or a State of the Union address without hearing the word innovation pop up at least once or twice. Companies have added innovation to their company values and mission statements in accelerating numbers.
