The concept of risk often carries an inherent bias for an established company and for valid reasons.Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace. It’s this mentality that causes companies to invest millions of dollars each year just to avoid risk. Continue reading
ISPIM Grand Prize 2016 is looking for cases that significantly advance the practice of innovation management in proven application, not theory. The advance should be in how innovation is managed, we are not seeking proposals that describe the actual end output, the what. The deadline for entries is 8th April 2016. Continue reading
With Innovation, things aren’t always what they seem. And the culprit for all this confusion is how she goes about her work. Innovation starts with different, and that’s the source of all the turmoil she creates.
Start-ups selected by SeedStarsWorld for the final competition in Geneva have pretty much energy to spare. SeedStarsWorld is not so much about mindblowing innovations, ‘coming out of the blue’: start-ups screened from emerging markets address real problems for real people, from e-commerce, and differentiate by a better execution. Continue reading
The network economy, in which nearly everything is available to nearly everyone, imposes a new requirement on leaders.
This new requirement is at the heart of leadership. It has to do with change, agility, problem-solving ability, the awareness needed to be able to adapt to an increasing complexity Continue reading
There is increasing scholarly interest in how culture impacts creativity. This paper advances a new theoretical model to understand how culture impacts creativity in a global context. We theorize that creativity engagement and success depends on the cultural tightness (the extent to which a country is characterized by strong social norms and low tolerance for deviant behaviors) of both the innovator’s country and the audience’s country as well as the cultural distance between these two countries. Continue reading
Isn’t competition great? It often brings out the best in people, enabling them to do more than they even knew themselves. When ISPIM, the International Society for Professional Innovation Management, launched the Grand Prize 2015, to recognize excellence in innovation management, we had reasonable expectations for what would be submitted. But the entries surpassed our expectations. Continue reading