Monthly Archives: November 2019

Just Say No to Cubicles

Whether it’s placing machine tools on the factory floor or designing work spaces for people that work at the company, the number one guiding metric is resources per square foot. If you’re placing machine tools, this metric causes the machines to be stacked closely together, where the space between them is minimized, access to the machines is minimized, and the ...

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Exploring and Exploiting for Innovation (Part 2)

If you are following along, I’m writing a series of posts about the opportunities and challenges with the way we think about and implement the concepts behind explore and exploit. In my first post I wrote a short introduction to the topic. In that post I looked at the history of exploring and exploiting, which I’ll suggest comes from the ...

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How to build successful community open innovation networks

Everyone seems interested in getting the most impact out of their innovation efforts. Collaborative Innovation Networks (COINs) have mushroomed since the invention of the Internet and cheap mobile communications. Community based innovation and biomedical and health online innovation networks have the potential to speed new product development, offer alternative financing platforms for early stage ventures, provide education, information and support to those ...

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Innovation Intelligence – 4 Thinking Tools for Innovators

This continues on from an Innovation Excellence blog I wrote last month about how personality types can influence innovation capability. https://innovationexcellence.com/blog/2019/10/03/5-psychological-traits-of-highly-innovative-organizations/  While many of the ideas in that article could also be applied to personal development, the primary focus was on how we behave, develop and recruit innovation capability in a team context.  But personality and thinking styles are obviously ...

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What’s in the CEO’s Innovation Playbook?

Recently I received an advance copy of “The CEO’s Innovation Playbook” – the latest white paper from Mastercard and Harvard Business Review Analytic Services. For the effort they interviewed a dozen CEO’s highly innovative companies including Citigroup, Lyft and Coca Cola. The paper spends most of its real estate on captured quotes straight from the mouth of CEO’s, distilling their ...

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What Do Top Corporate Innovators Get Right?

Speed of innovation

In our line of work, we get to talk with hundreds of leaders around the globe, and from virtually every industry. Most of them seem to intuitively understand the importance of innovation, but there’s still a lot of fluff, ambiguity and uncertainty regarding innovation as a topic. As a result, most leaders aren’t seeing the results they were expecting for from innovation. Given that ...

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The Intrapreneurs’ Factory

Intrapreneurship is an employee(s) initiative for developing new business within established firms, somehow different from the core business. The value creation is far from an all-or-nothing game; it blossoms in many directions: Intrapreneurship sparks new business lines: consider that Gmail, The Facebook like button, or the Sony Playstation were unraveled by intrapreneurs; Concurrently, intrapreneurship fosters personal development of employees. As intrapreneur skill set ...

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The Value of Value Chain Analysis

Disrupting competitors or an industry essentially means doing something to take market share away from your competitors or get non-users to buy your product or service at at profit. There are many examples of sickcare entrepreneurs doing it and usually the tactic is to introduce new technologies. However, according to one researcher, most disruption comes from inprovements in how you change ...

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