Innovation

Innovation Intelligence – 4 Thinking Tools for Innovators

This continues on from an Innovation Excellence blog I wrote last month about how personality types can influence innovation capability. https://www.innovationexcellence.com/blog/2019/10/03/5-psychological-traits-of-highly-innovative-organizations/  While many of the ideas in that article could also be applied to personal development, the primary focus was on how we behave, develop and recruit innovation capability in a team context.  But personality and thinking styles are obviously ...

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What’s in the CEO’s Innovation Playbook?

Recently I received an advance copy of “The CEO’s Innovation Playbook” – the latest white paper from Mastercard and Harvard Business Review Analytic Services. For the effort they interviewed a dozen CEO’s highly innovative companies including Citigroup, Lyft and Coca Cola. The paper spends most of its real estate on captured quotes straight from the mouth of CEO’s, distilling their ...

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What Do Top Corporate Innovators Get Right?

Speed of innovation

In our line of work, we get to talk with hundreds of leaders around the globe, and from virtually every industry. Most of them seem to intuitively understand the importance of innovation, but there’s still a lot of fluff, ambiguity and uncertainty regarding innovation as a topic. As a result, most leaders aren’t seeing the results they were expecting for from innovation. Given that ...

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The Intrapreneurs’ Factory

Intrapreneurship is an employee(s) initiative for developing new business within established firms, somehow different from the core business. The value creation is far from an all-or-nothing game; it blossoms in many directions: Intrapreneurship sparks new business lines: consider that Gmail, The Facebook like button, or the Sony Playstation were unraveled by intrapreneurs; Concurrently, intrapreneurship fosters personal development of employees. As intrapreneur skill set ...

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The Value of Value Chain Analysis

Disrupting competitors or an industry essentially means doing something to take market share away from your competitors or get non-users to buy your product or service at at profit. There are many examples of sickcare entrepreneurs doing it and usually the tactic is to introduce new technologies. However, according to one researcher, most disruption comes from inprovements in how you change ...

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Fairness, Trust, and Innovation Culture

As noted in previous articles (You don’t have an Innovation Problem, You Have a Trust Problem! Part 1, Part 2, Part 3), trust is the foundation for a culture of innovation, and a culture of innovation is the foundation for innovation and the financial results from it. In this article, I will address one of the foundational components of trust: ...

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Innovation is a Lifestyle, Not a Bunch of Metrics

Far too many supposed innovation experts believe that measuring activities is critical to success. Maybe. Maybe not so much. At least for the big stuff. Innovation activities simply for the sake of doing something without context and insight from the measure may be in fact very misleading. Persistent growth, profit, ROI and NPV are the obvious measures, really the only ones that ...

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