Innovation

ROI Not Enough – What's the Cost of the Problem?

Return on investment is a great tool to use in the sales process (and for innovation too). It demonstrates clearly that a company can make more (or save more) by using your product or service. The major problem with ROI on its own, however, is that it doesn’t necessarily create urgency. There’s a positive return on the investment, fine, but ...

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Listen to Your Subconscious Mind

If you study the lives of people who have had Eureka moments, you’ll discover that their breakthroughs almost always came after extended periods of intense, conscious effort. They worked, they noodled, they struggled. They abandoned all hope, they recommitted — and then the breakthrough came. And often at the most unexpected of moments. They weren’t buying lottery tickets at their ...

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Discovery versus Innovation

Botanists, Television, and the iPad by Paul Sloane Liquid crystals were discovered in 1888 and are now used in most TVs and computers (including the iPad). Liquid crystals represent a state of matter which exists between solid and liquid states. They were first discovered in 1888 by Austrian botanist Friedrich Reinitzer who was studying cholesterol at the Charles University in ...

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Innovation Perspectives – Adobe's Idea Lab

Tapping Users Minds, Adobe launches Adobe Labs Ideas This is the first of several ‘Innovation Perspectives‘ articles we will publish this week from multiple authors to get different perspectives on ‘How should firms collaborate with customers and/or value chain partners to co-create new products and services?’. Here is the initial perspective in the series: by Janelle Noble Global software leader ...

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Accountability – The Foundation of Sustainable Innovation

Without accountability, there is no innovation. Action items won’t get done, programs will lose traction, meetings will fall off the calendar – the issue can be as frustrating as “herding cats”. Every company culture needs accountability. Actually, for any company to succeed accountability is an imperative. Members of a corporate team need to feel responsible for their work – to ...

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Diversity and Innovation

Improve the Person, Improve the Idea by Hutch Carpenter A key aspect of the next generation of innovation is the ability to tap a much larger set of minds in pursuit of valuable ideas. This draws quite heavily from the realms of Enterprise 2.0 and crowdsourcing. The historic method of innovation relied exclusively on a designated few. Now we’re seeing ...

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Importance of Change and Stakeholder Management

I have seen it happen over and over again: innovation project teams wanting to introduce innovation processes without working change and stakeholder management. People either “just forget” or think they move faster when they don’t involve a wider audience. They might in the beginning, but this attitude might backfire quite badly when trying to “push” the new processes into practice. ...

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Observing – the Mother of All Discovery Skills

Observing is a critical skill for people willing to increase their innovation capability. It is critical because observing customers will reveal behavior patterns that they have unknowingly developed to compensate for some inconvenience that could be removed or for some unmet need to could be addressed more fully. Surveys and focus groups will reveal improvement opportunities that customers are conscious ...

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Idea and Innovation Management Tool Roundup

The Issue: The space for idea and innovation management software is becoming increasingly crowded and it is difficult to quickly understand who the main players are and how they are different. The Background: On the surface, idea management companies seemed similar to me and were hard to tell apart. After having spent 8 weeks immersed in the space talking with ...

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