The Hidden Value of an IP Portfolio – Just ask Dell
April 8, 2013
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 a portfolio of patented intellectual property. A company’s value is not only measured by its annual revenue, but also by the worth of its IP portfolio. In the... Read more »
If ideas are the seeds of innovation…
January 25, 2013
“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 latest post, “If ideas are the seeds of innovation…” at the Robert’s Rules of Innovation Blog. http://www.robertsrulesofinnovation.com/blogs/ideas-seeds-innovation.html Read More →
Innovation Pessimism
January 17, 2013
“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 of PayPal, innovation in America is “somewhere between dire straits and dead”. Is this accurate? The pace of innovation may have slowed, but the problem may... Read more »
What drives Innovation and who owns it?
December 11, 2012
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 ownership, positive results are almost impossible to achieve. To find out if you are on track in your companies’ innovation ownership; ask yourself the... Read more »
Should You Reward Bad Ideas?
September 6, 2011
Some ideas are crazy. Some are underdeveloped. Some will fail. How can you deal with them without squelching your employees’ creativity? True or false: There’s no such thing as a bad idea. Of course bad ideas exist. In retrospect, the AOL-Time Warner merger was not the wisest idea. Neither is photocopying your face. But ask any number of innovation experts and they’ll all give you a different answer. Of course there is such thing as a bad idea. Or:Every idea has its merit. Or: It depends… Within... Read more »
How to Measure Innovation
May 3, 2011
No matter if it’s a test score, sports game result or a sales figure, what we measure is what goes down in history. After all, “what’s measured is treasured.” It’s human nature to look back at past results as a basis for comparison and for improvement in the future. For this reason, it is absolutely essential to carefully observe and measure performance in the New Product Development process. In each of the different stages of the process, keep track of how much time is being... Read more »
Building a better Pizza: How much can Innovation sell Pizza?
May 16, 2010
First, there was pizza – round dough, with cheese, sauce, and toppings. Pizza Innovation Then, competition arrived, and the simple pizza pie simply wasn’t enough. Delivery companies began a string of innovations. Hand-tossed, think-crust, “Chicago-style,” stuffed crust and “Meat Lovers” were among the pies du jour. Then one chain rolled out cheesy sticks. Another offered various desserts. Then, a line of pasta – in plain tin pans, or in bread bowls. Most recently, the New Product Development... Read more »
Innovation – Innovation Management – Innovation Strategies
July 27, 2009
Do you know what innovation is and why it is important? Innovation is the process by which from an idea, invention or recognition of a need is developing a product, services or techniques to be useful and commercially accepted. According to this concept, innovation is simply the process of developing something new or is not known as a methodical study of the need, whether personal, group or organization, to achieve an economic growth goals. This means that innovation generates ideas that can be sold... Read more »
Innovation Evolution
