Posts Tagged ‘chief innovation officer’

Innovation: It’s Not a Resolution. It’s a Resolute!

In 2016 and beyond, business leaders must permanently implement a culture of innovation. The Times Square Ball dropped. Ryan Seacrest earned a cool $1 million for hosting one night of television. And there was all the predictable raucous cheering and party horn blowing, kissing, and butchering of the “Auld Lang Syne” lyrics. Now, we’re just…

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Creating a Structured, Repeatable Process For Innovation

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.…

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Innovation ROI: The Tough Questions

Some things are easier to measure than others. For example, an objective such as lower cost of goods sold, or improved revenue is relatively easy to measure. Strategic objectives on the other hand have been historically more difficult to quantity. How do you measure Innovation as a strategic objective? What is the ROI of innovation?…

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Setting the stage for Innovation: Inspiration is rule number one.

“A pessimist sees the difficulty in every opportunity; an optimist sees opportunity in every difficulty.”     – Winston Churchill   You don’t need me to tell you why innovation is important. The Status Quo is boring, and no great fortune was ever built by playing it safe. To step out of the pack and escape…

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The Eureka Moment of Ideas & Idea Management

 Idea management is the second of critical processes of Robert’s Rules of Innovation and is essential in Innovation and New Product Development (NPD). It is really important to fill the innovation pipeline with ideas from many different sources in your business. Ideas can be generated from associates, sales, and of course R&D. In addition, it…

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Chief Customer Officers – Bob Thompson

Chief Customer Officers: It’s Time to Build a Voice of Customer Command Center Like Innovation and being the “Chief Innovation Officer”, the CEO has to be focused on many elements to optimize the business and get the desired results.   This week’s Guest Blog is written by Bob Thompson of  CustomerThink.com who just released a great…

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Manage Innovation to Drive Value Creation

  The fundamental purpose of Innovation is to create value that translates into enhanced stakeholder/shareholder value. Sustainable process-driven innovation transforms ideas into vital intellectual property, Intellectual property into revenues, and revenues into increased stakeholder value. While the creation of the idea is important, the creation of value for the customer is equally paramount. In many companies,…

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Leading for Innovation

  Creating a company culture and mindset focused on innovation begins with proper training and coaching from leaders within the organization. From top to bottom, from executives to newcomers, everyone must be included in training and coaching programs. When you develop, support, and educate your workforce, employee engagement soars and innovation becomes reoccurring and sustainable.  …

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Innovation Strategy: The top three growth-hacks for CIO’s

Have a strong, long-term goal that is built on smaller attainable steps.  In an open letter from the CEO of Nike, Inc. Mark Parker shares, “achieving our long-term vision requires us to hold ourselves accountable for real and meaningful short-term progress”.  Having a big long term goal will set the foundation and help you develop…

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Innovate With Purpose: Idea Prioritization

Idea Prioritization  Ideation and idea management pack the front end of the New Product Development (NPD) funnel with a wealth of viable concepts. One of the toughest processes in innovation is idea prioritization. Idea prioritization is about how you invest your company’s product development resources. Most companies have too many projects underway for the limited resources available.…

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