If you want to run a brainstorming session to generate a long list of ideas, I’m out. Brainstorming takes the edge off, rounds off the interesting corners and rubs off any texture. If you want me to go away for a while and come back with an idea that can dismantle our business model, I’m in.
If you live in a major city or a national capital, try this exercise: Google the words “innovation hub” and the name of your metropolis, and scroll through the first results page. As one might expect, you will probably come across a news article or blog post that talks about your city’s or region’s innovation landscape as a whole, using the common broad understanding of an innovation hub as a wider geography (like Silicon Valley). But these days, you are just as likely to find results that point you to a particular group of institutions and initiatives. If you click through to their About pages, you will likely read an array of buzz words such as entrepreneurship, social innovation, start-ups, change-making, empowerment, creativity, co-creation, co-working, collaboration, coding, tinkering, hackathons, bootcamps, acceleration, etc. The innovation hub phenomenon has taken the grassroots entrepreneurship scene by storm. If this is indeed the outcome of your web search, you are witnessing
While working and researching on how to better train and educate executives on innovation, I got into an interesting discussion with a corporate innovation leader on the role of strategy in the context of innovation.
Almost every large company understands that it needs to deal with ever-increasing external threats by continually innovating. To ensure their survival and growth, corporations need to keep inventing new business models. This challenge requires new or...
Innovation Games and its rapidly increasing applications are not anymore unknown concepts to innovation driven organizations. Either referred to software applications or other online and offline game methods, all its elements are powerful means for fostering workplace social intelligence and innovation practices. In the fifth of a series of articles focused on Innovation Culture, our attention is on the emerging business use of innovation games beating all the traditional creativity and analytical tools.
Fiorella (Fia) Iannuzzelli is an advisory director with PwC focused on enterprise resilience and risk consulting. She has more than 15 years of experience in project and program management, operations management and technology strategy development. Fia holds an MBA from Columbia University and a BS in computer engineering from Lehigh University. [...]
Often when I hear people talk about how to develop a culture of innovation, the keys proposed are passion, autonomy, collaboration and trust (PACT). Passion, in particular, has become the darling of hiring managers...
n the face of continuing economic challenges, a roller coaster marketplace, Congressional stalemates, and unrelenting change, leaders in every part of an organization must develop a capacity for resiliency. A cornerstone of resiliency is adapta [...]
I recently had some interactions with a company working to ramp up their innovation efforts. We had several discussions on different ways of approaching this and here you get some quick and dirty insights on how such an approach could look like.