Posts Tagged ‘innovation strategies’

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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Ownership: To Risk or Not to Risk

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…

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Innovation and Disruptive Necessity

Is the world getting smaller, or are we seeing further?   Today we stand on the shoulders of giants in a rapidly changing world. In order to gain the competitive edge needed to stay relevant, it is imperative that businesses seek to disrupt their own business model before the competition does. Innovate or die the…

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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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10 IMPERATIVES TO SUSTAIN INNOVATION – All in one place

“In the 17th century, Innovators didn’t get accolades. They got their ears cut off.” – Emma Green The competitive marketplace of the 21st century has brought with it a new connotation of the word “Innovation. We used to believe the Earth was the center of the solar system. Then it was the sun. The Earth…

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8 Step Process Perfects New Product Development

Every entrepreneur knows that productivity is one of the key ingredients for successful product development. One of the two key processes in Robert’s Rules of Innovation is the NEW PRODUCT DEVELOPMENT PROCESS. A formalized, NPD process – also referred to and best practice: the Stage Gate® Process – is a must, from simple to sophisticated.…

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The Hidden Value of an IP Portfolio – Just ask Dell

Value creation is the performance of actions that increase the worth of goods, services and businesses. It benefits customers, who receive improved products and services, as well as shareholders of the company who wish to see their stake appreciate over time. How does a company create and maintain value?   Through innovation processes that build…

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If ideas are the seeds of innovation…

  “If ideas are the seeds of innovation, idea management  is the formalization of the processes involved in gathering, sharing, analyzing and executing the ideas generated within an organization and its collaborative networks.” Whichever form your ideas take, how you manage them dictates the outcome of each endeavor. For great tips on idea management  read the…

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Innovation Pessimism

“The idea that innovation and new technology have stopped driving growth is getting increasing attention. But it is not well founded. Has the Idea Machine broken Down?” This is a must read article recently featured on the Economist. It is an interesting take on innovation as it is happening today. According to Peter Thiel, a founder…

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What drives Innovation and who owns it?

Ownership is one of the key imperatives of Robert’s Rules of Innovation. Most would agree that innovation is everyone’s responsibility, but employees can’t innovate unless their leaders empower them to do so. Innovation needs a champion within the organization to push them to take calculated risks, and to step outside their own comfort zone. Without…

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