Proving The Value Of Innovation – How do you prove to management that innovation is important?

Innovation is one of the key catalysts from the economic recovery – but only if senior management protects and support it, rather than cut it or even eliminate it.  The reason senior managers consider cutting innovation programs is because of the impression that it delivers little to no impact. Are there ways to prove the […]

value of innovation

When is the best time to innovate?

When is the best time to innovate? Innovation is 24×7 .. not something that you wait “until your in the mood” Some of the drivers that cause people/organizations to all of sudden change their view of innovation Competitors … they are constantly beating you to market Economic Trends … our old products aren’t selling – […]

Adjacent Innovations – How to use adjacencies to create killer innovations

How do you improve the success rate of your innovation programs?   Everyone wants to focus on the “new/new” (new product/service with a new “go to market”).  These kinds of project are high risk and hard to convince management that the project will be successful. One way to de-risk the project is the take a “new/new” […]

Lessons Learned From Creating Innovation Teams

Segment 1: Lessons Learned From Creating Innovation Teams Changing the organizations culture People will resist Be prepared for corporate anti-bodies Secure deep management support Win by example Find/train/support innovation evangelists Define the metrics Management needs proof of impact and success Secure broad agreement on the right metrics (management, finance, operations, etc) Metrics that have worked […]

Changing Your Perspective Skills

Segment 1: How to change your perspective and look beyond the obvious We all have filters We don’t even realize we have filters (what is half of thirteen?) We need our own internal flags to remind us to change our perspective Segment 2: Why is the killer innovation approach better? Full 360 degree view of […]

Observation Skills – Find the unspoken needs and wants of customers

Segment 1: Using observation to find the unspoken needs and wants of customers Simple approach – Use feedback from customers (complaints, emails, etc) Go deeper Active Observation – get our of the chair/office and go to where the customers are Active Reflection – after the observation, go back and dig deeper in the information you […]

Innovation Execution – Translating Ideas Into Real Products

As I’ve said a thousand time, ideas without execution are a hobby and true innovators are not in the hobby business. True competitive advantage comes from those that can take an idea and turn it into a real innovation that has impact. Innovation execution is a core ability that organization must build and support if […]

innovation execution