Leveraging Suppliers for Innovation

One of the greatest thrills of a career is when you see a nice client thrive and prosper. Recently, I was flown to the West Coast with a client to co-present the findings of a few innovation projects. We had an esteemed audience SVPs of marketing, procurement, sales, and a few VPs, too. At the end of the meeting, one ...

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Innovation Labs: compose your recipe for success (1/4)

Innovation labs or rapid innovation centers are developing at fast pace. Just last week I was discussing about the set-up of an innovation lab in one African country where Orange operates. It often comes to the following 4 questions: What is the aim of the lab, and how will it operate? How to on-board and communicate? How to select the ...

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10 More Amazing Innovation & Design Card Decks

Last year LPK created a card deck of the top 50 Roadblocks to Innovation. In the last 18 months we’ve shared 900+ sets to innovators in 28 countries on 6 continents – led 35+ workshops for groups in corporate innovation, academia, startups & non-profits – and learned a ton about what really stands between innovation ambition and impact. In March I shared my 10 favorite Design ...

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Have an idea? What’s next?

During residency, Dr. Jones, realized there were many surgical problems that needed innovative solutions. During his chief year of residency, he started his first company and created and acquired patents around a more convenient surgical instrument. While working on this project, he identified several other clinical problems that needed to be solved and began to add to his portfolio of products. ...

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Don’t Bet On Someone Else’s Success Story

Every bold new business idea starts with a success story. Either it is a single organization or an aggregate sample that implemented a particular strategy and achieved outstanding results. That solid track record helps to convince others to adopt it, yet somehow the new management fad fails to deliver as promised. The problem is often one of survivorship bias. While ...

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Try this Ideation Method – The Ideas Exchange

The Ideas Exchange is a brainstorm method which works well for larger groups.   It is easy to run, quick and effective.  This is the procedure: The problem is clearly stated. Everyone is given two colored cards (or post-it notes). Say one white and one pink. Working silently and individually they write down a sensible idea to solve the problem ...

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5 Tips for Innovative Designs

innovative designs

Tip #1 for Innovative Designs: There Are No Small Changes Innovative designs mean change, right? Often, yes, but caution is in order, “We want to limit the length of a review in the product to 140 characters, because we may want to use SMS at some stage. That’s a small change, right?” A stakeholder remark as recounted in There’s no ...

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Why Winning a Trade War Can Lose the U.S. Battle over Innovation

For years, American companies have complained that foreign competitors, the Japanese in the past, and more recently, the Chinese, were stealing, borrowing, and copying intellectual properties. These complaints against copycats that foreign theft of American trade secrets runs up an estimated cost of “between $225 billion and $600 billion annually,” according to the United States Trade Representative, is not entirely ...

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Embody the Problems to Discover Innovation

Much of the work of innovation takes place trying to deeply understand the unmet needs of a particular market. As one Innovation school of thought calls it, what are the “jobs to be done?” Discerning these needs, these undone jobs, takes more empathy than data, more heart than head, and it takes a real investment of time and attention. To ...

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