Innovation

Do you have an innovation strategy?

A recent article by Juruzelski, Loehr and Holman from Booz Consulting (www.strategy-business.com) noted that there is no statistically significant relationship between financial performance and innovation spending. What’s more, they identified that the two primary elements of innovative companies are 1) a focused innovation strategy, and 2) an corporate culture that is wired for innovation. There has been a lot of ...

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Wisdom within Dichotomy

To create future success, you’ve got to outlaw the very thing responsible for your past success. Sometimes slower is faster and sometimes slower is slower. But it’s always a judgement call. We bite the bullet and run expensive experiments because they’re valuable, but we neglect to run the least expensive thought experiments because they’re too disruptive. There’s an infinite difference ...

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Three Behaviors that will Grow Innovative Teamwork

Innovative teamwork depends first and foremost on the team’s ability to hold constructive conflict. That ability, in turn, depends on each team member having these 3 behaviors. There are three types of arguments you may be using: First is the politically correct argument, in which the biggest issues are not discussed. There is the meeting before the meeting and the meeting after the ...

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The Platform Fallacy

It seems like every business discussion today is just counting the seconds before the term “platform” comes up. Books and articles are written, pundits swoon and conference audiences nod and exchange glances in knowing agreement. Everyone, it seems, wants to transform their business into a platform. Yet take the argument to its logical conclusion and the message becomes problematic. Platforms, ...

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Belly Button Meeting Tips

We get hired to moderate and facilitate a lot of meetings. Sometimes they are annual strategic workshops. Sometimes they are customer co-creations. They range from strategy to innovation and every combination between the two poles. Some of the most telling is the meetings that explore a potential growth area for a business. Many organizations cannot summon the objectivity to lead ...

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How do you get the World to Adopt your Great Idea?

Sometimes the idea is simple and obvious but getting it adopted is very tricky.  Containerization was a massively important innovation which powered the expansion of global trade but it was a difficult idea to implement. Before containerization,  goods were physically manhandled as break bulk cargo. At the factory or warehouse goods were loaded onto a truck, driven to a port ...

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The Twelve Disciplines of Consistently Innovative Organizations

Ever notice that some organizations seem to be far more consistent at delivering new innovation than most?  I have.  Ever wonder why this is… what they do differently?  I certainly have. Indeed, like so many others before me, I’ve spent my entire adult life working in and around organizations that were trying constantly to deliver better value to their markets. Some ...

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Great Example of Challenging Orthodoxies

With a new Top Gun movie coming out soon, I thought this might be an appropriate share. It used to be in the early days of military aviation that a pilot’s head only served as some level of protection during a crash or a battle. Then with the introduction of radio communications an additional function was added to allow the ...

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Top 20 Innovation Articles of June 2018

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are June’s twenty most popular innovation posts: A Boomers ...

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