Management

How Compensation Models Work Against Innovation

I’ve asked myself, and many other people in the innovation space, why innovation seems to be so beneficial on its face and yet so difficult to accomplish. I can’t think many CEOs who aren’t actively talking about innovation and the need for more innovation in their organization. I can’t think of many people who don’t want to see their firms ...

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Managing for Innovation

You’ll note the title of the blog post – managing for innovation. Not “managing innovation” which is akin to “herding cats”. No, managing for innovation. In other words, setting out the environment, atmosphere and behaviors to inculcate innovation in the environment of the organization, rather than using a microscope and a magnifying glass on every activity to ensure that innovation ...

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Peter Drucker on Innovation

Many people struggle with trying to define innovation, or what innovation is within an organization. I’ve recently been re-reading one of the best business books I have, “The Essential Drucker. The Best of Sixty Years of Peter Drucker’s Writings on Management” which is a compendium of his writings. Drucker wrote that purposeful innovation results from analysis, systemic review and hard ...

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Five Common Innovation and Change Mistakes

Common Wisdom Regarding Purposeful Or Successful Innovation Is Wrong by Idris Mootee Walk into a Barnes and Noble you can find dozens of books on innovation. There are books ranging from teaching the ‘how to” to teaching creative thinking. There are not many good ones simply because the subject is a moving target with rules being broken and created every ...

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Can Innovation Management Be a Profession?

The importance of managing innovation as a process is one of our key themes here. Because the success of any single great idea is pretty close to impossible to predict, the best way to successfully innovate is to try a lot of things, and to manage ideas through a process. If you do this, you can become better at innovating. ...

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Boost Innovation Without the Boss

Keeping the boss away increases innovation by Paul Sloane Billions of dollars are spent on developing and launching new consumer packaged goods (CPG) products each year, and some companies see tremendous success while others – don’t. Why? One secret appears to lie in the degree of senior management involvement in the creative process, according to a study by The Nielsen ...

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Emotional Constraints on Innovation

“Constraint” is most often an excuse rather than a constraint. In fact, there are very few true constraints, with most of them living in the domain of physics. A constraint is when something cannot be done. It’s not when something is difficult, complex, or unknown. And, it’s not when the options are costly, big, or ugly. There are no options ...

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Unlock Your Inner Edison

Aside from patenting over 1,000 ideas in his lifetime, Edison gave birth to the modern ideas-driven organization. As the Time article points out, his Menlo Park “invention factory” was “the forerunner of every business-world creative cockpit, from the Ford engineering center to the Microsoft campus and Google’s Googleplex.”

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Innovation Acceleration or Deceleration?

Do Your Innovation Emperor, Rules & Idea Management Help or Hinder the Process? by Robert F. Brands with Jeff Zbar In the pursuit of innovation, many “enlightened” companies try to follow what they believe are established morays and best practices. They install someone to manage new product development or innovation. They set up a litany of rules. And they select ...

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Stop Jumping to Solutions

Okay readers, it’s time to test your business IQ. Which word does not belong in this group? Radar Kayak Raven Repaper If you answered “kayak,” you’re right! It’s the only word that doesn’t start with the letter R. But wait. If you answered “raven,” you’re also correct because it‘s the only word that isn’t a palindrome (reads the same forwards ...

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