February, 2017

Trending Sources

Innovation Is Combination

Digital Tonto

If you want to innovate, don’t sit around waiting for a great epiphany, look for what you can combine to create something truly new and powerful. Related posts: An Innovation Roadmap. Innovation Is. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Technology Innovation

How Corporates can use the Lean Startup and Business Model Canvas

Hype

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1. Where to begin with Startups and Corporate innovators. 2. How to make effective decisions while 'in flight'. 3. Framework

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Ten Top Tips for Success with Open Innovation

Destination Innovation

Traditionally businesses developed all their new products in-house using ideas that came from their Marketing or R&D departments (or sometimes the MD’s pet projects).  Increasingly this internal focus is being replaced by a more powerful and effective approach – open innovation (OI). Here are ten top tips to help you grasp the benefits of OI for your company: 1. Set Goals. Think win/win.

Tips 66

How this guy makes a living by stealing other people’s ideas

Idea to Value

“Nick, I have a great idea for an innovation, but I am scared someone is going to steal it!” ” I hear this from fear from entrepreneurs all the time. And it’s a tough problem to solve. Especially as it has become so incredibly easy to just copy what is working for other people. Or in some cases, like the one outlined here, even beat someone to market for their own product!

Three Keys to Accelerating Innovation through Connecting and Collaborating Outside your Organization

Speaker: Gordon Vala-Webb, Author, Speaker and Consultant, Building Smarter Organizations

From his upcoming book, Building Smarter Organizations, Gordon will do a deep dive into connecting and collaborating with those outside your organization to accelerate innovation. Gordon will provide practical strategies to connecting and working with the "nearside" of suppliers, partners and alumni in order to accelerate innovation.

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Innovators will win with seamless experiences

OVO Innovation

I've written before, both on this blog and on the blog I share with Paul Hobcraft about platforms and ecosystems about the need for seamless experiences. Innovators often create technologies or products, which have interesting capabilities or features, but rarely do they think through the actual use of the products and understand how they fit in with other products, services, infrastructure, channels and data that exist in a customer's life. It's our stipulation that the future is about seamless experiences. That's a huge problem and an opportunity for innovators.

Create your own Corporate Miracle Garden

Destination Innovation

I recently visited Dubai to give a class on Innovation. asked the hotel concierge for a recommendation of where to visit on a free morning. He listed all the main sights but I had already seen them. He then suggested something new, the Miracle Garden. It is a remarkable place in the Western outskirts of the city. It is a riot of coloured blooms and glorious scents.

Strategic Thinking 101: Strategy Is The Answer to These 5 Questions

Game-Changer

The President and CEO for Ford Motor Company, Mark Fields, had a conference where he spoke about Ford entering the self-driving car race in 2021 hoping to establish Ford as a leader in this field. Of course, self-driving is the next car revolution so it’s not surprising to hear Ford is entering the space. As in, what part of the market are we going after? How will we win? Where will you play?

How to Make Your Design Thinking Program Turn Into Something Real

InnovationManagement

Why do a large part of the design thinking projects in the corporate world never pass through the prototype phase? In recent years I’ve been involved with many design thinking initiatives. Many of them related to the development of new products inside large companies in industries such as finance, health, education and consumer goods.

Building A Collaborative Innovation Playbook

Speaker: Greg Satell, Innovation Advisor, Speaker and Author

For his upcoming book, Greg Satell has researched how people and organizations successfully innovate. We are excited to have Greg join us for a session that will draw upon these insights and provide a playbook for how to define the right innovation strategies for your organization to overcome the specific challenges that your organization faces and dramatically improve your innovation effectiveness.

Building Differentiating Capabilities for Innovation

Paul Hobcraft

We so often get caught up in the building of our capabilities. In some ways, I keep attempting to “peel the innovation onion” in explaining the need to focus on building the capabilities in different ways but to be honest it needs these various approaches to an ever-changing environment. different intensity of innovation onion perhaps? You take a fairly structured approach.

Successful Innovation is a Matter of Willpower

Innovation Excellence

In his book David & Goliath, Malcolm Gladwell quotes the psychologist Jordan Peterson who argues that innovators and revolutionaries tend to have a very particular mix of personality traits [i]. Innovators have to be open. They have to be able to imagine things that others cannot and to be willing to challenge their own preconceptions. They also.

4 Surprising Ways that Corporate Innovators Can Outsmart and Outrun Failure

Rocketspace

“In the new world, it is not the big fish which eats the small fish, it's the fast fish which eats the slow fish," says Klaus Schwab , founder and executive chair of the World Economic Forum. In other words, corporations aren't competing with each other—they're competing against fast-moving startups that threaten their existence. Despite limited resources, startups are unbundling billion- and trillion-dollar industries like consumer packaged goods, healthcare, automotive, and real estate, just to name a few. Meanwhile, the average life of an S&P 500 company is rapidly declining.

Insights from the Gartner CIO Survey

Hype

Gartner’s annual survey of CIOs reaches out to 2,944 individuals from across 84 countries. It’s a useful barometer for the state of digital transformation, and technology support for innovation. CIOs have increasingly found themselves at the intersection between supporting the technology needs of the legacy business, and pushing change to transform the business going forward. Research

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session will examine the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly.

You Are What You Pay Attention To

Game-Changer

Illustration by Christian Laborin. Fake news is killing people’s minds! This is what Tim Cook, CEO of Apple, said and he wants to do something about. Unless you’ve been living under a rock, you know that fake news isn’t new. Facebook, whether they like it or not, is one culprit in helping spread fake news and other nonsense. Attention is currency. What it means for innovation.

Using Design Thinking to make your employees ready for the Internet-of-Things

InnovationManagement

Recent advances in technology put Internet-of-things (IoT)-innovation on top of the management agenda across industries. It is predicted to increase economic value by $11.1 trillion in 2025 (McKinsey 2015). The Service Science Factory and Noventum collaborated on this article to present a state-of-the art view on the Internet of Things and how to implement this vision within organizations.

You Can Never Create The Future By Targeting The Present

Digital Tonto

The truth is that the next big thing starts out looking like nothing much at all. Related posts: The Very Strange—And Fascinating— Ideas Behind Quantum Computing. Can Encryption Keep Our Information. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Technology Albert Einstein Charles Darwin Innovation Quantum Computing

9 Traits of Highly Innovative People

Innovation Excellence

I’m a big believer in people playing to their strengths, and this includes product team members and others involved in innovation. Not everyone has the same strengths – if we did, that would be a bit boring. Realizing how people approach innovation and their strengths is something Tamara Kleinberg accomplishes. She created a tool, the.

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Six Keys to Making Collaborative Innovation Successful – Webinar and Book

Speaker: Soren Kaplan, Founder of InnovationPoint

We are excited to launch the Collaborative Innovation Webinar Series with Dr. Soren Kaplan. His just released book, "The Invisible Advantage," provides actionable insights into how any organization can create a culture of innovation, an environment that promotes freethinking, an entrepreneurial spirit, and sustainable value creation at all levels and across all functions. By registering for the webinar, you will get a free excerpt from his book.

3 Reasons Why Intrapreneurs and Entrepreneurs Play a Very Different Game

Rocketspace

Let's cut to the chase: Intrapreneurs and entrepreneurs are very, very different. An entrepreneur is someone who innovates by starting his or her own company (e.g., a startup), whereas an intrapreneur is an employee of a larger organization (e.g., a Fortune 500 company) whose job is to innovate within the corporation. Intrapreneurs and entrepreneurs are clearly not the same, so corporations looking to innovate need to treat them accordingly. Intrapreneurship Leadership Culture Innovation Models

Build Your Career by Sharing a Crowdsourced Idea

IdeaScale

Techtronic Industries , or TTi, created one of the most dynamic IdeaScale communities called the Idea Farm. The power tools giant runs quick one-to-four week challenges to solicit ideas on how to improve their product lines. Moderators say it’s a powerful tool for employee engagement and collaboration. It has spawned more than 8,000 ideas and become the de facto office social network.

The Internet of Things Is Creating Smart Airports

Daniel Burrus

For countless travelers, the term “smart airport” is an oxymoron. For these individuals, massive crowds, endless delays and a rash of other headaches hardly add up to an intelligent environment. One One exponential technology—a technology that is growing at an exponential rate—that’s helping to create smarter, more efficient airports is the Internet of Things (IoT). Getting Better, but With Ample Opportunity. The technology failures that caused the widely publicized shutdowns of both Southwest and Delta Airlines in 2016 underscored the very real need to update aging IT infrastructure. SHARE.

Are Corporate Innovation Centers The Last Hope for Companies Too Big To Fail?

InnovationManagement

Companies once deemed “too big to fail” are increasingly exposed to failure. The threat of disruption is everywhere. Startups are taking on the Goliaths in every market. Scores of malls across the United States are in collapse. Many household brand names are losing ground or even shutting completely. Regardless of industry, businesses face digital Darwinism, the evolution of technology and markets.

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul will take us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This is a session you don’t want to miss.

Visa and Exago’s partner launch programme to accelerate Brazilian fintechs

Exago

Visa and Kyvo, an Exago consulting partner, are looking for Brazilian financial technology start-ups to participate in Track, the new business acceleration programme. The post Visa and Exago’s partner launch programme to accelerate Brazilian fintechs appeared first on www.exago.com. Blog Exago Brazil partnerships

What Stops Us from Creating Breakthrough Innovations

Innovation Excellence

Why do well-intentioned people, who have all the motivation and incentives to create breakthrough innovations, end up watering down their intentions and at best come up with an incremental innovation and at worst have nothing to show for their efforts?

How Corporate Innovators Can Navigate Risk and Uncertainty in 2017

Rocketspace

With a new U.S. administration now in office and trade negotiations beginning for Brexit, 2017 is poised to be a year of extreme uncertainty. But despite the risks, corporate innovators are bound to forge on and discover new opportunities for R&D and expansion. Intrapreneurship Trends Innovation Models

How do I know if someone will be successful at innovation?

IdeaScale

As part of our innovation strategist team, I get to speak with a lot of first-time innovators. Developing an innovation program for any organization is no easy task and certainly should not fall on any one person. Part of my role is to help those who want guidance on where to begin and put them on the road to success. But how do I know if someone is going to succeed with their innovation program?

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs. In this session, Paul will share his experience innovating in new and adjacent markets through a deft deployment of open innovation, business accelerators, venturing, M&A, R&D, business development and strategy team leadership.

3 Ways to Systematically Come Up with Breakthrough Ideas

Rmukesh Gupta

Every organisation and every leader that you talk to today, wants to build a culture of innovation and a breakthrough product as soon as possible. However, if we look closely, there are three ways to come up with an idea that has the potential to become a breakthrough innovation: Imagination. Insights. Challenging current assumptions. Lets talk about all the three in a bit more detail. Insights: .

Effective Co-Creation - A Guide to Open Innovation Programs

Hype

Open Innovation is a challenging task for any company. Yet it yields great opportunities, and in this new world of digital transformation and rapid change in traditional markets, it's an approach CINOs have to consider. But how do you get started, and what do you have to consider to make it a sustainable part of your transformation strategy? Innovation Programs

Reframing Resistance to Change

Game-Changer

No standard behavior change, no innovation. It’s that simple. True Innovation results in a step-change where we can’t imagine going back to the old way, but the road to that outcome is full of rejection. It’s hard to overstate how important this is: if you’re not getting rejected you’re going the wrong way. In a rational world, innovation would be easy. like this idea.

Why are Children more Creative than Adults?

Innovation Excellence

I came across an interesting article entitled 10 Great Inventions Dreamt up by Children.    They range from earmuffs to crayon holders to an underwater talking device.  The stories of their young creators are inspiring for anyone interested in innovation and entrepreneurship.     The article begs some questions.  Why are children so much more creative.

What your definition of innovation says about your company [INFOGRAPHIC]