Product Innovation

Innovation Sighting – Smart Floors

In a world where gravity is ever present, floors are essential. We spend most of our waking hours standing or walking on them. But we tend to ignore them. That is a pity given the nearly constant contact we have with them. What if the floor could be innovated? What could it do for us that it doesn’t do today? ...

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Where are the Market and Product Explorers?

Ok, after a number of years and a range of clients, I’ve seen a lot of titles. Product Manager, Product Developer, Product Development Manager, etc. I’ve even seen titles like Innovation Manager and Ideator and some other more fanciful titles. These are all valid and important roles. But what is evident to me is that while we place great emphasis ...

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It's Tough to be a Follower

The news is out. Sales of the much-ballyhood Palm Pre are…a disappointment. The new smartphone, launched to compete head-on with Apple’s groundbreaking iPhone, has lost its momentum. The Pre, which was launched June 6, got off to a good start but has faded in recent weeks. According to the Wall Street Journal, analysts projected lower sales in the current period ...

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The Front End Of Innovation Challenge

In a recent meeting in one of my network groups, we focused on the front end of innovation as a couple of the members have current challenges on how to identify and develop ideas in the very early stages. I remember attending my first Front End Of Innovation conference in Boston five years ago. Hundreds of people participated and there ...

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A Cosmetic Fix?

One of the questions I’m frequently asked by corporate leaders struggling to manage in the current environment is how far to go with their cost-cutting measures. With their companies suffering sales declines, they’ve got to trim somewhere to maintain profitability (and in some cases to stay afloat), but they don’t want to cut the wrong things. Recent moves by Jean-Paul ...

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Never Miss an Idea – The LiveScribe Pulse Smart Pen

Innovating is mental, visual, and vocal. Here is a new product to help capture…and coordinate…all three. It is called the PulseTM by Livescribe. The PulseTM is a smart pen that records and links audio to what your write, so you never miss a word…or an idea. The PulseTM will become a great tool for conducting innovation workshops. One of the ...

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Can You Have Slow Innovation?

by Jeffrey Phillips Just as the peacekeeper missile and “postal service” have entered the lexicon as oxymorons, I’d like to add another: slow innovation. Clearly, slow or cautious innovation is anathema to innovation and an oxymoron. Why is there such an emphasis on speed where innovation is concerned? Innovators have to respond quickly with new ideas, and implement the ideas ...

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Why Edison Was Wrong

The other night I had an enlightening conversation with Alph Bingham, the co-founder of InnoCentive from Eli Lilly. This guy is fascinating! Alph suggested that many people do not like open innovation (external crowd sourcing) because it runs counter to a widely held belief of the R&D community. Researchers often throw around the Edison quote, “I have not failed 700 ...

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When Not to Use Focus Groups

I’m still a fan of focus groups. Yes, they’re mostly qualitative, and at best you’re capturing information from a handful of customers that may or may not be representative. But the richness of information, the multi-dimensional and behavioral feedback is unique to that environment. And with some products (trying on jackets, or testing perfume for example) sending an email survey ...

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Creating Innovation Metrics

Measuring innovation is where the rubber meets the road. While it’s very easy to wax eloquent about innovation, I’ve found that for most companies, measuring innovation is quite a tall order. Moreover, even for those organizations that do measure innovation, are they measuring the right metrics, for the right reasons? I’ve authored many previous posts on the topic of innovation, ...

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