Innovation

Why Open Innovation Matters

A few weeks back someone told me an interesting story about Procter & Gamble and their competitors. It is well-known that P&G is the open innovation champion and their long focus on open innovation has given them an important advantage. They get to see interesting proposals within their business areas before their competitors. In the story I heard, one of ...

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Reinventing the Newspaper

Newspapers are dying. Their business model is burning to the ground. They cannot fend off the Internet and other threats despite their virtual monopoly and economies of scale in printing and distribution. Advertisers are moving on. Yet while traditional newsrooms are shrinking, journalism is thriving and the consumption of news is skyrocketing. Why are newspapers shutting down? As Clay Shirky ...

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Innovation Strategy – Fight the Fear of Change

People are naturally apprehensive about change. They fear the unknown. There is a reluctance to take risks. This can be particularly true in a successful enterprise. Success can be an enemy of innovation. Why mess with a model that works? There is little incentive to take risks and try new things. But even successful companies are at risk if they ...

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Innovation Perspectives – Fighting our Stereotypes

This is the second of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on “What roles do engineers and marketers play in an innovation setting, and what conflicts can arise based on their perspectives and approaches?” Here is the next perspective in the series: by Mark Roser People interested in the topic ...

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Are your innovation efforts working?

Sometimes the question you ask is more important than the actions you take. During President Obama’s inauguration speech, he said: “The question we ask today is not whether our government is too big or too small, but whether it works – whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified.” ...

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Where are the Market and Product Explorers?

Ok, after a number of years and a range of clients, I’ve seen a lot of titles. Product Manager, Product Developer, Product Development Manager, etc. I’ve even seen titles like Innovation Manager and Ideator and some other more fanciful titles. These are all valid and important roles. But what is evident to me is that while we place great emphasis ...

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Live Coverage of Optimizing Innovation

by Braden Kelley We will be bringing you live coverage on Twitter of Optimizing Innovation (October 21-22, 2009) from the Crowne Plaza Times Square Manhattan in New York City. During the event we hope to do video interviews with several of the speakers. And, after the event we will post our video interviews and blog entries with key insights from ...

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The Other Innovation Guru at Harvard Business School

A colleague asked me, “Who is that innovation guru at the Harvard Business School?” That’s easy: Dr. Teresa Amabile Dr. Amabile heads the Entrepreneurial Management Unit at Harvard Business School and is the only tenured professor at a top school to devote her entire research program to the study of creativity. She is one of the world’s leading voices in ...

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Inspiring Innovation

From small startups to world leadership organizations, innovation is a must for business to thrive and perpetuate. How can your organization inspire innovation? With long-term commitment to progress of the process, leaders must drive the journey from start through finish. Clearly-defined expectations towards the progress, as well as a definitive end-result are imperative elements involved. As a leader, one must ...

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