Innovation

The Three R’s of Innovation – Risk, Reward, and Resources

The Three Rs of Innovation – Risk, Reward, and Resources

Is it innovation or continuous improvement or is it innovation? Is it regular innovation or disruptive innovation? Is it new enough or too new? These questions are worse than meaningless as they suck emotional energy from the organization and divert emotional energy from the business objective. With every initiative, there are risks, rewards, and resources. Risk generally tracks with newness, ...

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Leading Innovation in the Digital Age

This is the third & final article on embracing digitization, transformation and innovation. We are living in an era where that is defined by one continual exponential technology wave after another, called the Digital Age. It is transforming everything we do, from how we do business and especially in how we learn, lead and coach people. In fact, we have ...

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Top 20 Innovation Articles of May 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 May’s twenty most popular innovation posts: The Real ...

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Stumble Bravely into Innovation

I met many people who have been put in charge of their organization’s Innovation program because of their past performance record. They were product managers, engineers, database architects, IT professionals, HR specialists, or marketers by training. Suffice to say, they have proven to be capable and trustworthy in the past with a given initiative. But now, they look anxious. Their ...

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Innovation in Education – Easier Said than Done

Good educators are optimists. They walk into their classrooms every day believing that they can transform the lives of their learners. They do so by facilitating experiences that infuse learners with knowledge and skills that can also enhance society and the world. These educators recognize, as much as anyone else, that the world is changing at a very rapid rate. ...

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Innovation or Not? – Domino’s Hotspots

Innovation can come from a number of different potential sources of inspiration and insight. The most typical source of course is understanding customer needs. This is the source for the whole design thinking movement, but there are still a number of other potential sources of inspiration and insight for potential innovations. But, in this case we will be examining a ...

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Innovation Insights from Teddy Roosevelt

Sometimes one stumbles across insights from unexpected places.  Most of the books I have read recently have fallen into the category of histories of other countries (Laos, China, Singapore, Myanmar, Colombia) or studies of how things work (buildings, bridges, rivers, archaeology).  I gravitate towards these subject areas because they are of great interest to me in my current and future ...

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10 Reasons Why Digital Health Startups Fail

Startups, in general, fail for many reasons. One observer mentioned his top 5 reasons as 1) lack of capital, 2) expanding too soon, 3) heavy reliance on debt, 4) poor strategy, and 5) poor business model and plan. Ultimately, there are two basic reasons: 1)They make stuff no one wants to buy, and 2)they have a business model that is not valid ...

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Don’t Break Down Silos, Connect Them

Nobody likes a silo. Or a stovepipe for that matter. These insular structures restrict the flow of information, which makes it hard to coordinate action and adapt to change. In some cases, it can even lead to disastrous consequences like the General Motors ignition switch scandal. So it should be no surprise that managers try to break down silos whenever ...

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