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Ultimately, just like your business strategy, your innovation strategy needs to be focused. It can’t be all things to all people. It must be able to stand on its own. 
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Almost every innovation manager can recount stories of great ideas, concepts and products that people love and yet they’re never implemented.
Kasia Hein-Peters's insight:
Implementing innovative ideas
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Kasia Hein-Peters's insight:
Competitive customer value + competitive advantage + coherence + economic leverage = successful business model
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A simple ROI calculation ignores one very important component to startup success: the time value of money.
Kasia Hein-Peters's insight:
Let's not forget that innovation should be a business opportunity
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How to Develop a Culture of Innovation Huffington Post As a business leader, you are responsible for creating a culture that continually generates ideas and inspires innovation: Build the right team, encourage your employees to recognize and seize...
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“In the 1980s, the [watchword] was quality; today, it’s innovation . . . But the two are not mutually exclusive . . . Now we want superior quality and faster cost reduction, plus innovation—all at once.” Harry Burritt , Whirlpool VP of Corporate Planning and Development It seems like everywhere you turn these […]
Kasia Hein-Peters's insight:
About everyday innovation in a typical company
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Move over focus groups. Neuroscience-based research from Innocean seeks to uncover what people really like and seemingly reveals that, sometimes...
Kasia Hein-Peters's insight:
This is why story telling is such an effective marketing tool
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The OI executives I spoke with described themselves as operating at the bleeding edge of innovation. In their words, by participating in Open Innovation, they are daily risking career- ending failures.
Kasia Hein-Peters's insight:
About open innovation
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Ads Worth Spreading honors ads that communicate powerful ideas and speak to us with real emotion. Here, watch the 2014 winners.
Kasia Hein-Peters's insight:
Innovative ads, worth watching
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This article provides a systematic framework for helping executives of large, established organizations identify opportunities for business model innovation and organize themselves to pursue these opportunities.
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Risk is fundamental to innovation. Innovation will not be successful with only an innovation team or department in a business; innovation must be embraced by the entire entity to be effective and sustainable.
Kasia Hein-Peters's insight:
Taking risk as a necessary part of innovation
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Where to place your bets, when it comes to investment in R&D and innovation?
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I’ve long been a supporter of ‘Blue Ocean Strategy’ thinking. I’m also a firm believer that the greatest opportunities for business today lie with business model innovation – i.e. finding new ways ...
Kasia Hein-Peters's insight:
About Blue Ocean Strategy
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GE calls its new focus on crowdsourcing “accessing the global brain.”
Kasia Hein-Peters's insight:
The power of crowdsourcing - as experienced by GE
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From
phys
Creativity and innovation are not sufficiently integrated in either the business world or academic research, according to a new study by Rice University, the University of Edinburgh and Brunel University.
Kasia Hein-Peters's insight:
Creativity and innovation
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What do Tesla, Whole Foods Market and Taproot Foundation have in common? They are market movers. They didn't just set up to build a product or service. They set out to build or disrupt a market
Kasia Hein-Peters's insight:
Examples of companies, which created new markets
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In 1960, Harvard professor Theodore Levitt published a landmark paper in Harvard Business Review that urged executives to ask, “What business are you really in?” Even today, a half century later, his challenge still resonates.
Kasia Hein-Peters's insight:
Key questions to ask
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Want innovation? Look to your employees
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At P&G, the best connectors and analogy-makers are the best innovators.
Kasia Hein-Peters's insight:
Innovation at Procter & Gamble
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On Quora, this question was asked:
Kasia Hein-Peters's insight:
Innovation based on "the job to be done"
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Developing careful manufacturing design guidelines and specifications along with continuous reviews will help ensure you deliver on what your customers...
Kasia Hein-Peters's insight:
How careful manufacturing design helps the product innovation
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Nobel Laureate In Economics Professor Joseph Stiglitz : The Innovation Enigma - Jewish Business News
Nobel Laureate In Economics Professor Joseph Stiglitz : The Innovation Enigma
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Image: thinkpublic/photopin cc The allure of innovation has always been in the chance of finding the next “big thing;” however, businesses often find thems
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While the quest for innovation as a source of future growth is a minimum common factor, among local and global enterprises, scholars and practitioners are yet to determine a common or universal definition of innovation: in fact because of the lack of consensus on the dimensions and measures characterizing innovation, we do mean different concepts when referring to innovation. However there are elements we almost all agree on:
Kasia Hein-Peters's insight:
Different types of innovation
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Kasia Hein-Peters's insight:
Generating ideas is not enough
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Innovation as attitude, not process