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Happy Labor Day- Innovate to Thrive
Happy Labor Day… Start the Fall business season by reenergizing your Innovation efforts: Innovate to Thrive! Your Innovation Coach ® Innovation Workshop Or add to your reading list with: Robert’s Rules of Innovation : Ten Imperatives to Create and sustain Innovation or Robert’s Rules of Innovation : The Art of Implementation Innovate to Thrive!
Read MoreObservation, Measurement, and How They Lead to Sustainable Innovation
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,…
Read MoreComplacency, Stagnancy, and Their Effects on Innovation
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…
Read MoreExponential Leadership and Innovation
“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…
Read MoreInnovation Rankings – Measuring Innovation
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…
Read MoreAligning Generation X, Y, and Flux for Innovation Implementation in 2015
Here’s to a New Year of Innovation! Goodbye two-thousand and fourteen – Hello to the New Year! Typically with the passing of a year, I spend the first few hours feeling nostalgic. Facebook has their “year in review,” news outlets have their “best of 2014 lists,” and we all take a look back at last…
Read MoreInnovation 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?…
Read More10 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…
Read MoreSetting 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…
Read MoreSuccessful Innovation Harnesses Idea Management
While most organizations believe that Innovation is required to remain competitive in today’s marketplace, they often do not put enough emphasis on building the organizational capability for innovation. Idea management is a critical step in this process. While creativity and ideas can be found in numerous places and in numerous ways, how you manage them…
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