So you have an idea. You thinks its a killer idea. How do you make sure its the next great thing before committing significant resources (e.g. money, time, etc)? Testing your ideas doesn’t have to be a big long dragged out process. By following a few quick steps, you can have the confidence that your idea will lead […]
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Its easy to criticize others about “not getting” it when it comes to innovation. Before we jump on others, how is your innovation attitude? What do I mean by an innovation attitude? Do you truly believe that you and your team can innovate in your industry and organization? Many organization and entire industries have written […]
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Some listeners to the show have confused “patience” with “timing”. When I say patience, I’m talking about the need for organizations to be willing to invest time, money and resources over an extended period of time to take an idea and turn it into an innovation. Timing is about knowing when to launch the […]
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Strategic Storytelling Why is it so hard to pitch your idea? We’ve been taught that the way to persuade people to our ideas is to use logic and facts. That approach ignores the role that emotion plays in our decision making. So how do you engage the emotion of a person you’re trying to […]
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5 Biggest Risks To Innovation Its been my experience that large and small companies suffer from a common set of risks to their innovation efforts. These risks are independent of size, industry, longevity or geography. In thispodcast, I present what is needed from executive leadership to remove the risks and what realistically can an innovation leader […]
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Laws of Innovation In the fall of 2011, I posted a blog entry titled The 7 Laws of Innovation. The objective was to identify the critical areas for innovation. The blog hit a spot and has turned out to be one of the most popular posts over the +12 years I’ve been writing the […]
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Idea Management Is Key To Your Innovation Strategy Ideas are the currency in the new creative economy therefore you need tools to manage this valuable asset as part of your overall innovation strategy. Idea management is often overlooked as a crucial component in the overall innovation process. What are the features you need in […]
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Co-Innovation As A Type Of Innovation One of the areas that is overlooked by most organizations is the opportunity for a new type of innovation: co-innovation. Co-Innovation is different from what most organizations call joint R&D, joint ventures (JV) or customer driven innovation. What is co-innovation? Co-innovation is where two organizations come together in […]
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Innovation by Acquisition Getting your innovation mix correct includes having innovation from M&A’s as part of the innovation strategy. As with anything, there are pros and cons so go into innovation M&A with your eyes open. There are two types of innovations from M&A: Acquiring a company Purchasing IP (intellectual property such as patents, trade […]
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