Product Innovation

Do It Yourself Healthcare

Healthcare is undergoing a business model revolution. Technology is creating new competitors, new services and new ways for consumers to be involved in their own health. One day soon consumers may be able to give themselves an eye exam with a new system called NETRA.

Read More »

Steve Jobs and Thomas Edison

“Genius is 1% inspiration and 99% perspiration.” The most frequently cited words ever spoken by Thomas Edison - for better or for worse - stand as a benchmark for the relationship between inspiration and human effort. But most people need more than 1% inspiration to do anything. In his genius, Edison only needed 1% inspiration…and our mourned wunderkind Steve Jobs as well. But the rest of us need much more than 1% to swing us into action.

Read More »

Mobile Media vs. Portable Media

New data from Google this week shows that tablet usage spikes at night. The implication is that we tend to use tablets out of the work environment when they can be enjoyed in conjunction with TV usage. In fact, as the research suggests, there is much concern about how much attention tablets are diverting away from broadcasts.

Read More »

Turn Ideas into Products that Ship

Innovation cannot happen in a vacuum. It requires customer and product development feedback throughout the product development process. The better you collaborate and engage with your customers, the greater opportunity you’ll have to collect and execute on more refined and clearer requests that address their pain points and align with your business objectives. 1. Align innovation to your business strategy. ...

Read More »

20 Tips for Ideation Excellence

The fuzzy front end of innovation confronts you with a lot of questions. In my new book ‘Creating innovative Products and Services’ I try to solve them with the FORTH innovation method. The fuzzy front end is the nickname for the start of innovation or ideation phase. Getting innovative ideas is a vague process. It’s considered as hard to do. ...

Read More »

The Search for Innovations

In a world of large organizations and diverse global hotspots for R&D, innovation occurs everywhere. Companies can tap those innovations through search processes, which may be cheaper and more effective than only using traditional “start from square one” R&D efforts.

Read More »

Seven Managers Struggling With Innovation

The reason why a lot of managers struggle with innovation is because they are too far removed from the commercial reality. Neal Thornberry, professor of Management at the American Babson College, explains it as follows: Marketing presentations take the place of real opportunity analysis. They don’t know if they can make it, if anybody will buy it, for how long, at what price and how they will defend it against people trying to steal their market.

Read More »