Tag Archives: Management

Why R&D Spending has Almost No Correlation to Innovation

Why R&D Spending has Almost No Correlation to Innovation

A newly released infographic by Visual Capitalist shows that while the US leads in the amount of dollars spent on research and development ($463 billion), it only came in fourth place with the percentage of GDP spent on R&D (2.79 percent), just over half of the GDP percentage invested by South Korea. Beyond Korea, the US is trailing Japan and Germany.

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The Ideas Problem

The Ideas Problem - Innovation Excellence

Ideas are the problem. I suspect many of you have heard this statement as often as I have. It’s usually translated as “we don’t have enough ideas”. Yet when you dig beneath the surface, you find that the bald statement isn’t always as it first appears. In this post, I’d like to offer some different translations of “Ideas are the problem”.

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A Dummies Guide for Innovation

Pierre d’Huy and Jérôme Lafon, both innovation teachers and consultants, share all the secrets of Innovation Management in their encyclopedic and brilliant book, A Dummies Guide for Innovation. All aspects of innovation are described in a simple and thrilling way, from innovation history, to innovation process, open innovation, user centric innovation, and a practical step-by-step approach to complete innovation from unfolding the idea down to implementation.

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The Agility Shifter: Emerging role for innovation leadership

Birth of the Agility Shifter: Emerging role for innovation leadership - Innovation Excellence

Coping with disruptive technological change A recent article The global forces inspiring a new narrative of progress in McKinsey Quarterly, it states that “Corporate leaders today need to rethink where and how they compete, and must cooperate in the crafting of a new societal deal that helps individuals cope with disruptive technological change”. The article outlines a broad narrative of ...

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