Innovation

Cisco Announces $250,000 iPrize Competition v2.0

by Braden Kelley Cisco has announced its second Cisco iPrize Competition. At stake is a $250,000 Grand Prize that will be awarded after eight selected finalists have the opportunity to present their innovation idea to Cisco’s selection commitee using Cisco Telepresence. The first Cisco iPrize was awarded to an idea focused on reducing the energy consumption in the electrical grid. ...

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Finding (or Avoiding) Innovators

As always, we’d like to make our readers and clients happy. In that vein, I’d like to introduce how to spot people who are likely innovators. In this way, you can identify them more quickly, and choose to hire them if you want to be more innovative, or you can ignore and avoid them if the status quo is more ...

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Innovation Metrics of Leading Companies

I have often shunned the idea of metrics for innovation as it has been very difficult finding companies being good at this. However, I believe it is important to work this out in order to raise the innovation productivity and in this post I share some input from a couple of large corporations based on a discussion on LinkedIn last ...

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Call for February 'Innovation Perspectives'

February’s opportunity to contribute your Innovation Perspectives is now here. This monthly feature presents our loyal readers with different perspectives on a single topic all in one place – from several different authors. It gives our innovation community the opportunity to compare, contrast and discuss them in the comments here on Blogging Innovation and with the 1,980+ people in the ...

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Who Killed Our Business?

Most business managers go through the annual ritual of budgeting. We plan the next one or two years based on the actual results of the most recent year. We draw up a spreadsheet and plan line by line – sales revenues up 10% and costs held to a 5% increase means a modest improvement in profits. We should have learned ...

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Brainstorming Breakthroughs Require the Right Question!

There’s a simple reason why so many brainstorm sessions are a waste of time. The problem statement being pitched to participants is the wrong one. This is not surprising – especially when you consider how little time most facilitators put into preparing for a session. Here’s what happens: The person who calls the session is usually scrambling – overwhelmed, over-caffeinated, ...

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Ownership in the Innovation Process

“Excuse me, is this yours?” If someone asked members of your Innovation Team about “ownership” of a current initiative, would individuals reply, “Yes”? Or would the people involved point to the team leader, the CEO or someone else – someone other than themselves? Would they reply, “No, that’s his”? I spoke recently with a CEO of a consumer products company ...

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Follow Your Nose

A few years back I sat next to Jean Paul Gaultier on a flight from Paris to Athens. Coincidentally we were en route to the same hotel… he invited me to a party he was holding that night and I found my favourite male fragrance… Le Male. Last year Jean Paul created a USB flash drive that perfumes the air ...

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eBay France Tackles Challenger Head-on

Visit eBay.fr and next to the traditional eBay homepage building blocks you will see a map of France that you can browse regionally to find local ads from sellers close to your home. If you fancy something, you can then contact and meet the seller face-to-face to see the item and agree a price. This looks completely at odds with ...

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Do You Have a Creative Imbalance?

Being in the transportation industry (as I was) meant a lot of time spent thinking about balance, and not being too heavy inbound or outbound. In moving things (or people), the ideal state is the same number arriving and departing. If you’re too heavy outbound, it means you have lots of things going out, but very few coming in. Heavy ...

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