Imagine that you are looking for a new car or SUV. Because you live 40 minutes away and encounter heavy traffic and winter snow on your way to work, you want high gas mileage and all-wheel drive. If a car or SUV does not have these features, you will not even consider it. This simple rule eliminates over 95% of the alternatives from even being considered. Getting into a customer’s consideration set is most of the battle. But what does it take to be considered?
Bonus or no bonus? That is the question. This is the time of year where expectations are high, and so is the volume of chatter around the water cooler in anticipation of that great corporate tradition…The year-end bonus.
In a series of studies, Francesca Gino and Dan Ariely found that inherently creative people tend to cheat more than noncreative people. Furthermore, they showed that inducing creative behavior tends to induce unethical behavior.
In his new book Relentless Innovation, prolific innovation author Jeffrey Phillips looks at innovation from an enterprise-level perspective, encouraging companies to adopt an innovation capability that can be scaled and repeated throughout the...
The news paper “Financieel Dagblad”, Financial Daily, has recently published an article on Open Innovation. It was based upon several interviews with industry leaders regarding a research paper published by Deloitte earlier this week.
A recent survey on visual merchandising states that 60% of the women get their clothing ideas from store displays. Display of clothing is necessary as it adds taste to the merchandise, promoting visual retail. Customers give three to five seconds of their attention to window display, within which, the retailer's visual message should be conveyed.
The little Nordic country is a hotbed of ingenuity and the birthplace of successful start-ups like Angry Birds. Finland has $46 of venture capital investment per capita, leading some to call it the Arctic Valley of Europe. Here are our three favourite start-ups, and our views on why Finnish entrepreneurs do so well.
Voici une nouvelle façon de valoriser les marcs de raisin. Florent Théotiste, propriétaire d’un laboratoire de parfumerie en Suisse, a observé que le raisin est capable d’absorber une essence et de la diffuser lentement.
We will need unshrunk people. We will need those who have a purpose beyond mechanically increasing production. That requires personal decisions leading to personal purpose. And purpose is a crucial turning point.
Recognizing, protecting and exploiting Intellectual Property ("IP") assets has never been more important to businesses. While capturing the benefits of innovation can make the difference between profitability and demise, there are numerous and competing priorities on companies' time, money, and attention that make doing so a challenge.
This is some serious next level stuff in playable music clothing. The Electronic Drum Machine Shirt works just like a real E-Drum with 9 different drum kits available featuring 7 professional grade drum sounds from each one. That’s 63 different possible beat sounds. But wait, that’s not all. You can create loops! You can layer music on top of the loops.
One major difference—perhaps the biggest—between the current wave of entrepreneurial space companies and previous ones is how this new crop of companies are financed. In the 1990s, companies like Iridium, Globlalstar, and Kistler Aerospace raised hundreds of millions and even billions of dollars from institutional investors and public offerings of stock.
Unique about innovating in Asia: its unbelievable diversity, both between and within countries (and sometimes even cities); the historical focus of many Asian organizations on replication and cost reduction; and Asia's inconsistent infrastructure (Singapore is amazing, but don't try to schedule more than two meetings a day in Mumbai).
Open innovation provides SMEs with unique opportunities but they need support of innovation intermediaries that coordinate the flow of innovation requests and solutions. Which kind of intermediaries are best suited to support SMEs in the open innovation process? Large scale online brokers or local intermediaries such as TTOs and innovation agencies?
Open Innovation is a broad and relatively new concept. And while ‘opening up’ your company’s innovation it isn’t easy to a grab a book from the shelf, find the perfect page that addresses your question and start implementing a new model in your organization.