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How to be More Innovative in 5 Easy Steps

This is one of those posts where the topic feels so large and so poorly defined as to be almost impossible to describe. Yet we get this question all the time - what can we do to be more innovative? Every firm is in a rush to become more innovative, yet few have the time, resource or attention required. I'm going to address in this post how to create an innovation discipline, since we believe that is the only way to sustain competitive advantage.

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Creative Consumers are Changing Innovation

Organizations understand the vital importance of innovation. Chief Executives talk about it, managers nurture it and consumers expect it. Yet it is also a potentially disruptive process that interferes with well-laid plans and day-to-day operations. And historically, innovation has suffered from high failure rates, which adds to the challenge.

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Go to your Dojo

In ordinary parlance, a dojo is a place where martial artists convene to work out, train, and hold contests. But, literally translated it is Japanese for the location of the way. The way is more than the way of the martial artist, more than the way of judo, karate, tai kwan do, or whatever system of combat.

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Pioneering Semantic Web Innovation

If you want to speak to someone, truly interesting and inspiring, about the Semantic Web and Innovation, Ora Lassila, is a clear choice. Lassila, an Advisory Board Member of the World Wide Web Consortium (W3C) as well as Senior Architect and Technology Strategist for Nokia's Location and Commerce Unit, was my obvious ‘go to guy’ because:

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Innovation Insights WEF Latin America 2012

The seventh World Economic Forum on Latin America took place in Puerto Vallarta, Mexico, on 16-18 April 2012. The meeting, held under the theme “Regional Transformation in a New Global Context”, convened a record number of participants for this regional gathering, with close to 900 top regional and global leaders from 70 nations.

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It's Like Free Money

For businesses big and small, entrepreneurs and investors it amounts to the closest thing in innovation to free money. Billions of dollars have been spent by these Federal Laboratories creating technologies, and by law they have to commercialize them.

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How do Users Influence Innovation?

Innochat is a weekly Twitter chat involving a wide range of really interesting people from all over the world, linked by one thing – a deep interest and passion for innovation. One recent chat focused on the role of users and innovation. We tried to distinguish Lead Users (LUs), Early Adopters (EAs) and Brand Advocates (BA), and assess the impact each one has on innovation.

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Increasing Demand for a Third Place

As I look around the economic landscape in the United States and see a climate where not only home prices but also rents are falling in many geographies, especially as the results of an all-advised rental property construction boom become available. I find myself thinking that we are in the middle of a profound shift in the American reality.

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