What is innovation? Innovation is a strange beast. Most people say innovation is about new technology or bringing new things to the market. Some might think of better processes. Schumpeter went further and defined it as “The introduction of new goods (…), new methods of production (…), the opening of new markets (…), the conquest [...]
I believe in networks. Fostering networks of intelligence and sharing information are two of the most important characteristics of those organisations that will survive this era of disruption. I also believe that connecting ideas with other innovation experts is one of the best ways to inspire new radical insights. That [...]
Entrepreneurs are creative professionals characterized by initiative and innovation. They bring new ideas to life, and turn on a dime to answer the demands of a fast-moving market. When they run into obstacles, they adapt. They are not big on deferring to authority or waiting around for permission.
Love the quote '... a prototype is worth 1000 meetings'.
Much has been written about open innovation as if it were a new idea, or that tech startups are the secret to its success. It's a lot more complicated than that, and organizations that do it well — like Bayer, Campbell Soup, and the U.S. Agency for International Development — [...]
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