Tag Archives: innovative thinking

What Impedes Innovation?

Five Glitches Sabotaging Your Plan What company, division or team isn’t striving for some combination of better, faster, cheaper in order to compete? A recent Korn/Ferry survey found that 84% of executives believe that innovation is very important to future success. No big surprise – everyone in the business and non-profit worlds seem to be talking innovation as mission critical. ...

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Seven Managers Struggling With Innovation

The reason why a lot of managers struggle with innovation is because they are too far removed from the commercial reality. Neal Thornberry, professor of Management at the American Babson College, explains it as follows: Marketing presentations take the place of real opportunity analysis. They don’t know if they can make it, if anybody will buy it, for how long, at what price and how they will defend it against people trying to steal their market.

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Drafting a Business Case for Innovation

You can only present an idea for the first time, once! So when you have the chance to present it to your board, be aware of the fact that a new product idea is not only ‘a creative product’ but also must comply to all the regular business criteria of your organisation too.  Does it have (extra) turnover potential? Does ...

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Innovation with Guerrilla Tactics

Being the smallest sewing machine manufacturer in the world, Bernina has always had to focus on innovation to stay one step ahead of their competition. Three years ago they decided to work with HYPE, a leading provider of idea management software. In the following interview, Innovation Manager Michael König gave HYPE some interesting insights into the Bernina innovation process and told us a real success story. HYPE: Mr. König, what is your company’s core business and where does innovation fit? König: The Bernina Company is the last remaining private sewing machine manufacturer in the world. We are also the smallest within the sector; therefore we need to come up with surprising and special offers in order to survive in the market.

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The Innovation Killer – "I've got mine."

There’s always a risk, when floating any innovative idea, that it will crash against the rocky shores of personal fiefdoms, entrenched power bases and cronyism, both public and private. The often intense resistance to anything that might require real change often comes down to the same silent refrain: I’ve got mine. Don’t mess with it. It’s a stance that can stop innovation dead in its tracks. There may be no better example of how not to innovate than the current state of American politics.

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Innovation Schadenfreude

Creating Value from the Misery of Others The unspoken goal of innovation is to delight. In their delight, the user or recipient of the innovation validates the efforts made on their behalf to dispel their problem. For an innovator the joy comes from recognizing pain, suffering, heartache, or confusion and then conceiving of and designing something that takes that misery ...

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Innovative Thinking and Defensive Driving

Whenever I talk about the importance of innovative thinking, I can count on someone arguing that while we should be creative and explore new ideas, that needs to be balanced with what we already know how to do. We should follow established business processes I’m told and then shift to innovative thinking as needed, when we encounter a problem or ...

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