Business Innovation

Don't forget business model, process, and service innovations.

I'm writing today about what is becoming the most critical innovation barrier. For years we've talked about risk, uncertainty, culture and other factors that block innovation. Increasingly, the biggest barrier is time.

The Blue Ocean Strategy is highly related to process innovation. The idea of this strategy is to build new businesses where none existed before.

Open innovation is no substitute for well-developed skill.

In each generation we seem to face almost insurmountable hurdles, but we emerge living longer, richer, healthier lives. The answer, obviously, is that we are able to create solutions faster, through technology and innovation, than problems emerge.

Think different, act different, and achieve extraordinary success.

If someone comes to you with a problem, you start thinking of a solution. That's natural — everyone does it. But as soon as you start thinking of a solution, you unconsciously begin shutting off po...

If you're tired of trying to beat your competitors at their own game, it may be time to try a new strategy: creating your own market.

Sometimes cool technology doesn't take off until another company comes up with an innovative twist on it.

We know the idea of a core competency is dead, or dying, but what will replace it? Here are six ideas that matter for how we think about innovation in future.