Innovation and The Art of Implementation (Part 1)

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 “A good idea is about ten percent. Implementation, hard work, and luck is 90 percent.” — Guy Kawasaki The very purpose of innovation is to change things up, move processes forward, and disrupt the status quo. “Innovation for the sake of innovation” is a misuse of a very powerful and beneficial tool. Innovating in a…

Innovation Management: Keeping Up With the Digital World

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All Aboard the Sensor Revolution: How the Internet of Things is Driving Innovation Those who are plugged in know that technology is a swift changing animal—a shapeshifter always in flux, moving forward at a terabit-fast pace. Keeping up with every new buzz and innovation is undoubtedly whiplash-inducing. But look away and you’ll be left behind.…

Corporate Survival Book – The Importance of Innovation

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In today’s “innovate or die” environment, existing businesses should innovate more than ever to stay on top. Even in this age of technological advancements and startup culture, real innovation is a rare thing to find. Martin Zwilling, an American business executive, entrepreneur, and author, recently published an article on Forbes.com titled, How Great Entrepreneurs Spell Continuous Innovation featuring excerpts from the classic corporate survival book, Robert’s Rules of Innovation. In…

Risk: The Unavoidable Rite of Passage in Value Creation – Innovation

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There are a lot of moving gears involved with value creation. Talent, originality, intelligence, and circumstance all play a part in the sustainable process of innovation. However, these qualities can appear abstract and elusive. Is it possible to gauge a prospective employee’s resume or curriculum vitae for any of these respective characteristics? Are there metrics…

Creating a Structured, Repeatable Process For Innovation

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Established companies do not easily reinvent themselves.  History shows us that Innovation is often the strategy of startups – but not only is it important in getting to the top, innovation is necessary in order to stay on top. New talent, new techniques, and new products are all needed to stay abreast of the competition.…

Ownership: To Risk or Not to Risk

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It’s easy to view leadership with rose-colored glasses, to envision the accolades and respect that comes with authority. However, from the beginning of modern business, the pressures associated with positions of power have been underscored over and over again, giving birth to idioms and adages like “uneasy lies the head that wears the crown.” The…

Observation, Measurement, and How They Lead to Sustainable Innovation

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The degree in which a company prioritizes sustainable innovation can often become the difference between a successful business and a struggling business. True innovation does more than just meet the immediate exigency of consumers and clients; it anticipates those demands and needs, providing products and/or services that radically changes the landscape of the marketplace. However,…

Complacency, Stagnancy, and Their Effects on Innovation

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Though competition is an unavoidable aspect of business, its effects can potentially foster or deter innovation depending on a leader’s management style. Celebrating success and discouraging failure is a familiar binary for most, but what would happen if a business decides to reverse that paradigm? What if we celebrated failure, and discouraged dwelling on our…

Exponential Leadership and Innovation

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“If I had asked people what they wanted, they would have said faster horses.”  While there is no hard evidence to attribute the above quote to Henry Ford, there is no argument that he was a visionary of his time. He created something that consumers didn’t realize they needed, by making the automobile affordable. He…

Innovation Rankings – Measuring Innovation

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Innovation experts love making lists – and we love reading them. I’ll be the first to admit that Fast Company’s “World’s Most Innovative Companies” is one of my favorite annual reports. I’m also a big fan of Forbes’ list which takes into account investor confidence and ranks companies by their innovation premium; the difference between…

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