Management

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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The Practice of Excellence

Limits Thereto. Or Not? by Tom Peters As you doubtless know, one of my signature phrases is… EXCELLENCE. Always. I mean it! But what does it mean? Someone joked, “Excellence in leadership! Excellence in innovation! Excellence in management! Excellence in excellence!” That is, the phrase can readily be reduced to meaninglessness or even absurdity. Fact is, some tasks are not ...

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Timing is Everything

Opportunity and timing are inexorably linked. So much so, that if you don’t think timing is everything – think again. Anyone paying attention to current events has recently witnessed that it doesn’t really matter whether you’re a politician, investment banker, CEO, or just an average citizen, when it comes to making a simple decision, managing a crisis, or attempting to ...

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Business Innovation and the 'I' in Team

Innovation counselors and organizational consultants alike extol teamwork as the key to shared success. For projects or new initiatives to succeed, it’s said all involved have to be “on the same page” or working together as one. But does that include innovation initiatives in the corporate environment? Actually, look at the basketball court for comparison. This month, Lebron James, Dwyane ...

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The Improvement Mindset

Improvement is good; we all want it. Whether it’s Continuous Improvement (CI), where goodness, however defined, is improved incrementally and continually, or Discontinuous Improvement (DI), where goodness is improved radically and steeply, we want it. But, it’s not enough to want it. How do we create the Improvement Mindset, where the desire to make things better is a way of ...

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