How Do You Define INNOVATIVENESS? Getting it Wrong Could Cost You
Underlying an innovative culture driven by an innovative leader is innovativeness. Innovativeness drives business growth by increasing innovation opportunities.
Is Innovation Data About More Than Ideas?
Anyone who is managing their innovation program with innovation software is generally amassing a wealth of data. Many people are looking at that data on an individual idea-level, but it’s actually possible to start looking at that data and identifying new themes, trends, or topics that will inform your strategy in the coming years by grouping that information on tags, text analysis, and more. It can be a trend early-warning system if you pay attention to it.
Launch a Four-Week Innovation Program
In-house innovation programs are an emerging phenomenon. Many businesses and government organizations are formalizing processes around the innovation practice in order to keep pace with competition and the rapidly changing expectations of the public.
Creativity is a vital part of the new business paradigm, says Russ Schoen
Creativity in business: An interview with Russ Schoen.
Prospect Theory, Risk and Innovation
Start-up companies are almost synonymous with innovation, while the well established companies are usually perceived as being risk averse and much less innovative. In this article Jeffrey Baumgartner uses Prospect Theory to better understand how executives perceive risk and innovation opportunities.