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Innovation 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 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 MoreHow Does Your Company Match Up to the GE Innovation Barometer?
The GE Global Innovation Barometer conducts annual surveys to put a finger on the pulse of innovation around the world. The survey was conducted earlier this year with over 3,200 high level business executives from over 26 countries participating. The executives surveyed are those chiefly responsible for their company’s innovation development. This year’s survey touched…
Read MoreInnovation 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…
Read MoreThe Sharp Edge of Innovation
It is no hidden secret that innovation is a necessity to compete in today’s marketplace. Often hailed as the Holy Grail for which every organization should strive for, sustainable innovation requires a strategy from start to finish. From the “I” of Inspiration to the “N” of Net Result, you must commit yourself to the process in order to succeed.…
Read MoreInnovation Leadership Re-invented.
Innovation is constantly taking place around us, from the mundane and simple, to the abstract and grand. Last night I was watching a video for Samsung’s newest screen prototype, the oled bendable plastic screen under the Youm brand name. This morning I am sitting in a coffee shop using webbeams – free Wi-Fi provided with…
Read MoreSustainable Innovation Metrics
Of the 10 imperatives of Robert’s Rules of Innovation, Observe and Measure is one of the most vital. Innovation is ultimately about Return on Investment. A system of metrics will objectively show your progress and success each step of the way. It’s essential to follow a course of action that produces ongoing improvement, and sustainable and…
Read MoreSustainable Innovation – Inspiration from a 7-year-old
Vision leads to the mission, from which is developed the strategy. Inject vibrant ideas, and stir in some climate and culture, process, and technology. The result: Sustainable Innovation About those vibrant ideas, where do they come from? In the earliest days of our childhood, we spent a great amount of time creating and thinking up new…
Read MoreInnovations to be thankful for… & the importance of the NPD process
After sitting down to Thanksgiving dinner last week, it is hard not to think of all that we have to be thankful for. In the past year there have been some incredible new innovations revolutionizing the way people live their lives. After countless hours spent planning, researching, designing, and testing; what was once an idea,…
Read More5 Tips to Innovate in 2012
Essential elements to get Innovation going As the New Year approaches, it is the perfect time to reexamine the Innovation efforts for your organization. A strategy for sustainable innovation is key to any company’s survival, and if executed successfully, will lead to profitable growth and increased shareholder value. With a new year and starting with…
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