Growth

Risk and Reward of Innovation

The concept of risk often carries an inherent bias for an established company and for valid reasons.Risk can disrupt a healthy revenue stream, a stable customer base, and upset shareholders who like predictable results. Risk is something you manage. It’s something that you mitigate, not embrace. It’s this mentality that causes companies to invest millions of dollars each year just to avoid risk.

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7 Disruptive Forces for 2016 and Beyond

As a futurist and CEO of an innovation firm, I study the implications of emerging trends through research and dialog with experts, scientists, and academics in diverse fields. As the first month of 2016 comes to a close, here are seven forces of the future poised to shift the way we live, work, bank, and vote.

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The Special People That Believe in You

Companies don’t need more ideas, they need ideas that are more meaningful. Companies have plenty ideas because they measure and track the number of new ideas generated. Meaningful ideas are, by definition, understood by a few and misunderstood by the rest. It’s lonely to advance an idea that most don’t understand.

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How to Achieve Excellence in the Fuzzy Front-End – Part 1

The term “Fuzzy Front-End” (FFE) has been established for the early stage of innovation which determines the innovation effectiveness and hence ultimately innovation success. We wanted to better understand where leading firms are setting their priorities in the FFE currently and where they see things going in the future. To answer this, we conducted a study. Our train of thought and the main findings are in a two-part article series published here.

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