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When people think about innovation, they tend to think about bright ideas. But actually it turns out that there are other, more important, factors in determining innovation success. Via Marc Wachtfogel, Ph.D. 
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True innovation comes from more than just a cup of coffee, but it's a good place to start. Via Marc Wachtfogel, Ph.D.
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“ Innovation ” may be a buzzword today, but for a long time, the concept was decidedly unpopular. Believe it or not, the mere notion
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innovation strategy barrier - fear of change and new ideas – is to disguise new ideas as your team develops and implements them. Yes, you got that right. If
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Never have design thinking, design practice and creative skills been as important to Canada’s future as they are now. Today, competitive success is determined by the ability to understand human needs and desires and to deliver richly imagined ways of addressing them. Many organizations recognize the importance of innovation, but they don’t know how to achieve it. The answer is design. Via John Evans, Dean J. Fusto, Mark E. Deschaine, PhD
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Take a slightly broader view and it becomes clear that innovation today goes far beyond research labs, Silicon Valley pitch meetings and large corporate initiatives.
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What would you do if you had a working prototype of a revolutionary tablet computer that was receiving rave reviews well before Apple came out with its iPad? Cancel further funding for the project in favor of developing an updated version of an existing company product? In hindsight that seems crazy, but it’s exactly what Microsoft did with its prototype “Courier” tablet. Via The Learning Factor
The Learning Factor's curator insight,
October 12, 2014 4:10 PM
Leaders can, and often do, try to make corporate cultures more receptive to innovation. |
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Why can certain companies see things that others can't, and what gives them the fortitude to invest in the seemingly impossible? Here are three brain-based strategies. Via Anne Leong
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Interpersonal skills are a prerequisite for harnessing outside-the-box thinking on behalf of others, and they’re just as important as math, science and technology training.
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In a field centered around fresh, outside-the-box thinking, it is no wonder that there is such a broad range of definitions for the term innovation. Creating a clear-cut definition for the term is critical in shaping the culture of innovation at your organization and will help you determine which resources to allocate to your program. Let’s take a look at a few innovation definitions, and what those definitions imply.
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This is the first in a series of articles that take the need of Innovation under the loop and share some of the imperatives, must have’s if you will, to create
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The worst place to develop a new business model is from within your existing business model. - Via Marc Wachtfogel, Ph.D.
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Many companies want to establish a culture of innovation, one that will encourage employees to take risks that lead to breakthrough products. But how exactly to build this type of culture often eludes senior leaders — threatening the success of their innovation initiatives.
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Consumers are incredibly poor predictors of the next big thing. Their knee-jerk reaction to new technology is almost always to say they don’t need it and will never use it. For many company leaders, this creates a significant business challenge: They know they must drive change to stay competitive, yet they have no way to determine with confidence which moves will be successful. Via The Learning Factor
The Learning Factor's curator insight,
March 31, 2015 5:38 PM
Know your customers, understand new technologies, embrace failure, then take a leap of faith 
Haydn Thomas - PMP, MPC's curator insight,
April 7, 2015 11:23 PM
Assumptions form the basis of fear/concern about moving forward. So, follow these three Innovation rule to get you started: 1. Document the assumptions you are using, 2. Attempt to turn those assumptions into facts; and 3. IF assumptions still exist, manage them as risk (both positive and negative risks). Now you have the basis to move from the strategic into tactical. |
