Posts Tagged ‘innovation strategies’

Should You Reward Bad Ideas?

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…

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How to Measure Innovation

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…

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Building a better Pizza: How much can Innovation sell Pizza?

First, there was pizza – round dough, with cheese, sauce, and toppings. 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.…

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Innovation – Innovation Management – Innovation Strategies

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…

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