Business Innovation

The Personal Advisory Board™ assumes that everyone has a contribution to make, junior people and senior people. With a group of advisors at her fingertips a woman leader can receive multiple perspectives on a goal or a topic. In fact advisors build on each other’s advice and perspectives and learn from each other in the distributed, always-on, enterprise.

Whether it’s Citigroup or Nintendo, it’s all about reinventing the business model to better serve customer needs.

Crowdsourcing has moved beyond R&D and product development, and is being used by all parts of the enterprise – for software development, new marketing campaigns, customer service, procurement, you name it. It goes anywhere there are problems to be solved and opportunity spaces to be mined. Hutch Carpenter and Julie Anixter reveal how it has officially grown up and become a tool of choice for myriad enterprise solutions.

Innovation is everywhere. You can’t go an entire commercial break during the Super Bowl or a State of the Union address (okay, sorry, both American examples) without hearing the word innovation pop up at least once or twice. Companies have added innovation to their company values and mission statements in accelerating numbers. Some organizations have...

If you have recently been promoted -- or perhaps demoted -- to the position of innovation manager, your first action has probably been to do a bit of research.

Open Innovation has gained a lot of traction since Henry Chesbrough’s eponymous 2003 book. Simplistically, it can be split into two. The first, the vast majority, is inbound, where a business uses the assets of other companies to develop something new and take it to market. The second is outbound, where a company licenses its assets to somebody else to take to market.

I've started working with a local healthcare insurance company in a role focused on driving improvement and innovation in its membership and billing operations. The company has a big focus on LEAN throughout the company and always has some sort of value stream mapping (VSM) or rapid process improvement workshop (RPIW) going on through the Kaizen Promotion Office (KPO). Despite this only being my second week on the job, I have already been involve...

Costas Markides examines whether disruptive innovation at the Bottom of the Pyramid will come to disrupt Western markets.

I recently spoke to etail expert Michael Ross, chief scientist at eCommera, the software-as-a-service and big data company, about how ecommerce will evolve in the next decade. The changes will be subtle, but marked; here’s what he had to say: 1) Big data will be better used and businesses will be [...]

Just because something is new doesn’t mean it should be touted as an innovation..

VideoAs the advance of technology and globalization have changed the world, many impediments to innovation around the world have been removed. As John Levis, global chief innovation officer and regional managing director of the Americas, from Deloitte points out, "capital intensity is no longer a barrier to entry" in most [...]

You might have heard of "blue ocean strategy." It's a very b-school term in some ways, but basically it means this: rather than going head-to-head with your competitors on everything, carve out "bl...