I had the opportunity to interview Robert F Brands, author of the popular Robert's Rules of Innovation series about what it takes to create innovation success.

Innovation should not be just R&D’s responsibility; all should be involved from customer, to sales, finance, customer service and operations.

Running out of Blades...What do you think this means for Gillette in the long run? Have they given up on creating the next big thing in shaving? Are they at a dead end? Or are they simply evolving as a company?

Ownership key to Innovation Implementation and success, it's an imperative of Innovation. Most would agree that innovation is everyone’s responsibility, but employees can’t innovate unless their leaders empower them to do so.

Innovation and Inspiration from a 7-year-old

One of the first steps of achieving Innovation in the new product development process is to assemble a team. While the organization’s leader may be tempted to call in “the usual suspects”, people with a history of success in that field, it is important at this point to include fresh faces in the group.

A new law signed by President Obama this month could mean a speedier patent approval process for inventors across the country.

“Successful innovation is turning ideas into money,” as Innovation expert Nic Hunt so distinctly and accurately describes. Innovation is the ability to convert ideas into value for your company, customers and shareholders. Successful innovation is not a one time deal, but a process that delivers sustained, long term profitability. Any company can develop one or two innovations over the course of time, but having a focused vision will deliver sustainable innovation – producing profitable results for your company time and time again.