Category: Finance

Unacceptable Face of Innovation

Innovation in medicine, material science and many other areas has made life better for many people. But there is another side to innovation that is rarely discussed. Many innovations are designed to be labor saving. With the world population increasing labor saving innovation can only eventually lead to economic collapse and social unrest. Continue reading

Posted in Culture & Values, Finance, Government, Innovation, Policy, Technology, The Economy | 5 Comments
Sustaining the Case for Innovation

A few weeks ago I attended a meeting of Innovation Directors from many different industries, where we shared our experience of making the case for innovation and sustaining the investment with or without having to re-make the case every year. From those discussions, I took away a very simple model – a virtuous circle indeed – to sustain the case for investment in innovation. Continue reading

Posted in Build Capability, Finance, Innovation, Leadership & Infrastructure, Processes & Tools, Strategy, collaboration | 1 Comment

How should firms develop the organizational structure, culture, and incentives (e.g., for teams) to encourage successful innovation? When it comes to creating an innovation culture, often people make it far too complicated. If you’re part of the senior leadership team and you’re serious about innovation then your job is simple – reduce friction. If you’re serious about innovation and you’re not a senior leader, then your job is to do what you can to convince senior leadership that innovation is important. Then, gently help your execs see the areas of greatest friction in your organization so they can do something about it. Continue reading

Posted in Build Capability, Culture & Values, Finance, Innovation Perspectives, Management, culture | 4 Comments
To Have And To Hold

eMarketer, which provides research and analysis on digital marketing and media, published an interesting study this week on expenditure trends in the direct marketing industry. Continue reading

Posted in Consumer Innovation, Finance, Strategy, marketing | 1 Comment
Rockonomics – Andrew Sentance on business, innovation, the economy and Rock’n’Roll

Andrew Sentance is Senior Economic Adviser to Price Waterhouse Coopers and combines a demanding career with a love of classic rock music. I was curious to find out how he has synthesised these apparent opposites. Continue reading

Posted in Entertainment, Finance, Innovation, The Economy | Leave a comment
Questions You Should Ask on an Innovation Audit

If we are going to improve innovation in our organisation then an accurate current assessment of the our creativity, agility and innovation capacity is essential. An innovation audit looks at a number of issues to see what is working well and what is impeding innovation in the company. It asks analytical questions like these… Continue reading

Posted in Build Capability, Creativity, Finance, Innovation, Leadership & Infrastructure, Management, Strategy | 1 Comment
Deals Tipping Point

Malcom Gladwell’s 2002 best-seller, The Tipping Point,makes the case that little things add up until a critical mass hits and then—watch out—seismic change occurs. Don’t look now, but we are approaching a tipping point in the digital deals market. Continue reading

Posted in Digital, Finance, Innovation, Research, Technology | Leave a comment