New Product Development Requires Fresh Perspective on ‘Creative’ and ‘Structure’
January 31, 2011
What exactly is new product development? Does the “product” actually have to be a product? Or can it be a process? Does the idea have to come from the C Suite? Or can it be a suggestion from the factory floor, the retail showroom, the Idea Box or a customer tip? How do you treat ideas once they land in your organization’s “idea hopper”, and how wide is your idea funnel? Answer these questions, and you’ve placed your finger on the pulse of how your organization embraces new... Read more »
Five Leadership Strategies That Can Make or Break Your Business in 2011
January 24, 2011
What’s in store for business leaders in 2011? As I gaze into my crystal ball, I see a year of promise and opportunity. And I see new challenges that require different ways of thinking and leading organizations. It’s not just that opportunities, threats, and changes in the marketplace happen faster and with less predictability than they used to. It’s that they’re also becoming increasingly interconnected and interrelated in ways we’ve never had to deal with before. The result... Read more »
New Product Development Requires Fresh Perspective
January 20, 2011
Developing a new product can be an exciting process for your team; it can also be disastrous if the process is absent of outside perspectives. One of the most important aspects of the development stage is to actively seek out a new perspective on product ideas. All too often, managers become too comfortable with their existing team. While your employees have gained invaluable experience learned from working at your company, an outside, unbiased outlook and opinion on your proposed new product is essential.... Read more »
Experimentation + Risk (+ Failure) = Improved Environment for Innovation
January 17, 2011
Innovation rarely occurs by accident, but is the result of calculated effort, work and risk taking. In the face of failure, it requires one to try, try and try again. Thomas Edison went back to the drawing board more than 6,000 times before finding the right material to create his incandescent light bulb. Six thousand times. Do you have that kind of innovative stamina? Innovation is an experiment of sorts. It requires a culture of risk, opportunity and challenge. Moreover, for an organization to benefit from... Read more »
Innovation Resolution 2011
January 1, 2011
Welcome to the New Year! As a business leader, what are your New Year’s resolutions for your company? As you think about the future of your company and how to make your business grow, implementing sustainable Innovation should be your top priority for 2011. Innovation is the lifeblood of any company and the only way to stay ahead of the competition. Let’s take a look back at the 2010 Brand Innovations: http://popsop.com/41746 For example, after over 30 years in business, Apple continues to deliver... Read more »
Innovation Evolution
