Commodore Innovation

After a strong Q3, where next for innovation investment?

Commodore Innovation

Innovation spending grew strongly in Q3. Investment in innovation by US-listed firms grew strongly in the third quarter of 2020—reflecting strong economic growth for the quarter 1. After falling about 2.9%

Now is the worst time imaginable to reduce innovation budgets

Commodore Innovation

While the effects of COVID-19 vary dramatically by sector, many companies face significant pressure on their innovation budgets. If prior recessions are any guide , we might expect annual innovation spending to fall by 5-6%.


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Will AI dramatically alter the economics of innovation?

Commodore Innovation

The hype surrounding artificial intelligence (AI) invites skepticism. But underlying the optimism (and fear) there’s a simple, but potentially important truth: AI, especially machine learning (deep learning in particular), could change the economics of innovation.

Budget cuts are here. Time to bolster the case for innovation.

Commodore Innovation

“What we are ultimately going to be able to accomplish is directly tied to the rest of the organization believing we’re important.” ” —senior director of innovation, aerospace industry. Chances are you’re dealing with budget cuts for this year, and also … The post Budget cuts are here. Time to bolster the case for innovation. appeared first on Commodore Innovation. Latest Blog Posts

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

COVID-19: Your innovation strategy’s been updated. Now what?

Commodore Innovation

Many organizations’ responses to the COVID-19 crisis have already switched from the tactical to the strategic. Your organization has likely updated its innovation strategy (or at least started to). That’s an essential first step. But the changes to your innovation … The post COVID-19: Your innovation strategy’s been updated. Now what? appeared first on Commodore Innovation. Latest Blog Posts

COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

In the last few weeks our worlds have been turned upside down. As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. The organizations we work for are scrambling to manage extraordinary challenges. In some … The post COVID-19: Business R&D Spending Will Fall by at Least 5-6% appeared first on Commodore Innovation. Latest Blog Posts Uncategorized

The Innovation Culture Balancing Act

Commodore Innovation

Everyone agrees that organizational culture is a key driver of (or hindrance to!) innovation performance. It’s obvious on its face, given that culture affects things like how well teams work together, how fast decisions are made, and how much risk … The post The Innovation Culture Balancing Act appeared first on Commodore Innovation. Latest Blog Posts

The Innovation Performance Measurement System Check-up

Commodore Innovation

Problem : Most firms neglect to evaluate the effectiveness of their innovation performance measurement systems. Action : Conduct a quick check-up by following the 3 steps below. High-performing companies know that using metrics effectively is critical to managing innovation. And … The post The Innovation Performance Measurement System Check-up appeared first on Commodore Innovation. Latest Blog Posts

Benchmark Innovation Performance

Commodore Innovation

How does your innovation performance compare to your competitors’? It’s just human nature to be curious about how your performance compares with that of your competitors. But when it comes to innovation performance, this instinctive desire for benchmarking is also … The post Benchmark Innovation Performance appeared first on Commodore Innovation. Latest Blog Posts

Most Companies’ Innovation Performance is Declining. Is Yours?

Commodore Innovation

Research shows widespread, declining innovation performance. At first glance, the idea that companies are getting worse at innovation seems ridiculous—“innovations” are such a prevalent part of our daily lives. And we are fed a constant stream of information about the … The post Most Companies’ Innovation Performance is Declining. Is Yours? appeared first on Commodore Innovation. Latest Blog Posts

11 Ways to Make a Short Remote Design Thinking Project a Success

You can achieve a huge amount in a short period with a virtual design thinking project. While some teams want to come together for several weeks or months to tackle a challenge, others want to run short, sharp projects to find a quick solution. And with the right preparation, attitude, and structure in place, that's totally possible.To help make sure your short innovation projects are a success, download this free guide from the team at Sprintbase, a virtual design thinking platform, to learn their top tips.

The Operational and Creative Mindsets in Innovation Portfolio Management

Commodore Innovation

Problem : Innovation leaders need to balance Operational and Creative mindsets, but it’s easy to overemphasize one. Action : Answer 10 questions to review and calibrate your practices and metrics. As an innovation leader, you have to enable creativity and … The post The Operational and Creative Mindsets in Innovation Portfolio Management appeared first on Commodore Innovation. Latest Blog Posts

The Classic Mismatch: Expectations for Innovation from Different Levels in the Organization

Commodore Innovation

Business leaders and consultants have been talking about the importance of working across functions to improve innovation performance, for decades. But lack of alignment across levels of the organization is just as problematic for innovation, if not more so. These … The post The Classic Mismatch: Expectations for Innovation from Different Levels in the Organization appeared first on Commodore Innovation. Latest Blog Posts

Measurement for breakthrough projects – Practitioner’s Dispatch Series

Commodore Innovation

It’s always helpful to hear from people who have struggled with and overcome a problem you’re facing. With this post, we’re excited to launch the Practitioner’s Dispatch, a new series featuring innovation practitioners’ battle-tested advice on common problems. First up … The post Measurement for breakthrough projects – Practitioner’s Dispatch Series appeared first on Commodore Innovation. Latest Blog Posts Practitioner's Dispatch Series

Communication is Job 1 of your innovation measurement system

Commodore Innovation

I heard an innovation leader at a Fortune 100 company remark recently, “There are lots of jobless innovation managers out there who will tell you—’if I knew then what I know now, I would have communicated better.’”. I hadn’t thought … The post Communication is Job 1 of your innovation measurement system appeared first on Commodore Innovation. Latest Blog Posts

Why Finland Has the Best Education System in the World

Idea Champions

The school I want to begin

The D&I Garden: Seeds of Innovation that Grow into Creative Breakthroughs

Speaker: Donald Fan, Senior Director of the Global Office of Culture, Diversity & Inclusion at Walmart Inc.

In the digital era, rife with uncertainty and ambiguity, innovation plays an essential role in sustaining organic growth and outperforming the global competition. Research proves time and again, there exists a robust bond between innovation and diversity & inclusion (D&I); our challenge is to help our leaders understand how to plant the seeds of innovation in the fertile D&I garden in order to drive a strategic and competitive advantage from the office and in the digital landscape.

Building bridges vs Finished Bridges

Idea to Value

Bridges work to get people from one side of something to another. But they only work if they are 100% finished. A bridge which is 99% finished doesn’t help you get anywhere. There is still a gap which needs to be overcome before it provides any value.

Podcast S4E96: Jeff DeGraff – Mastering the 6 skills of the creative mindset

Idea to Value

In this episode of the Idea to Value Podcast, we welcome back the Dean of Innovation, Dr Jeff DeGraff, who has worked with more than half of the Fortune 500 companies to improve their innovation programs. We speak about how to cultivate a creative mindset.

Research shows that having a phone on your desk makes you more stupid

Idea to Value

A lot of people joke about how having a smartphone is making us all less intelligent. And new research provides evidence that this is true.

Groups 190

Tall Poppy syndrome vs Tall Weed syndrome

Idea to Value

Have you ever heard of Tall Poppy Syndrome? It essentially says that the flower which stands out above all the rest will be the first to be cut down. Basically, it says that people should be humble and not try to make themselves appear better than others.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Podcast S4E94: Cyndi Burnett – Creativity in education

Idea to Value

In this episode of the Idea to Value podcast, we speak with Cyndi Burnett, Director at We speak about what it takes to bring creativity into homes and classrooms.

Solar power prices have dropped by over 89% in the last 10 years

Idea to Value

By now it is common knowledge that solar energy has been becoming more and more affordable as the technology develops and economies of scale blossom. But a recent report shows just how astronomical the drop in cost has been.

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The law of diffusion of innovation

Idea to Value

Any company planning on bringing a new innovative solution to market must accept the fact that not every customer will be willing to buy it immediately. There will always be certain target customers who are more resistant to trying out new ideas than others.

The art of “Back Casting” needs care

Paul Hobcraft

Backcasting is a planning method that starts with defining a desirable future and then works backwards to identify policies and programs that will connect that specified future to the present. The fundamentals of the method were outlined by John B. Robinson from the University of Waterloo in 1990.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

Survey shows the most important skills for 2025 will be creativity and innovation

Idea to Value

According to the new 2020 Future of Jobs report by the World Economic Forum, there will be an increasing demand for skills related to Innovation and Creativity between now and 2025.

Survey 239

These 2 guys have found a way to make leather out of cactus

Idea to Value

Leather is a luxurious material, but it is also one of the most resource-intensive and pollution-rich materials in the fashion industry. These two Entrepreneurs from Mexico are trying to change that, with a new way to produce vegan leather from cactuses.

Having more information will not make your decisions more accurate

Idea to Value

It is human nature to want to be able to make the best decisions. And usually this leads to advice about making sure you have enough information for a thorough analysis, weighing up all the factors before then being able to be confident in a decision you make.

Podcast S4E92: Adrian Mills – Bringing creativity into consulting

Idea to Value

In this episode of the Idea to Value Podcast, we speak with Adrian Mills, Partner for Creative, Brand & Advertising at Deloitte Digital in Australia. We speak about why a consultancy would bring in advertising people, and his experience in building creative capabilities within a large company.

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand.

Strictly for English Grammar Nerds

Destination Innovation

An Oxford comma walks into a bar where it spends the evening watching the television, getting drunk, and smoking cigars. A dangling participle walks into a bar. Enjoying a cocktail and chatting with the bartender, the evening passes pleasantly. A bar was walked into by the passive voice.

You don’t need that thing

Idea to Value

You don’t need the same professional camera as Steven Spielberg before you can record your first film. You have one in your pocket. Just start filming. You’ll get better if you stick with it. You don’t need the same running shoes as Usain Bolt to become more healthy.

Podcast S4E95: Adi Mazor Kario – Learning from Israeli startups and Innovating during chaos

Idea to Value

On this episode of the Idea to Value podcast, we speak with Adi Mazor Kario, innovation strategy and design expert and author of Innovating through Chaos.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”

Hindsight is 2020: The Hindsight Bias

Idea to Value

The phrase Hindsight is 20/20 usually refers to the fact that it is usually easier to analyse and evaluate events after they have already happened, rather than when you’re in the middle of them.

This Chinese village used to produce 60% of the world’s oil paintings, Part 1

Idea to Value

There was a time a few years ago when a small town in China produced up to 60% of the world’s oil paintings. That town is called Dafen, and is on the outskirts of Shenzhen (which itself has seen a boom in innovation output in recent years).

How to Remove Roadblocks to Creativity

Idea to Value

When people think about what barriers a marketer may have to success, they usually think of technical challenges. They think of things like defining a target audience or anticipating consumer response.

Leading from Anywhere (Podcast with David Burkus and Todd Henry)

Idea to Value

You might remember David Burkus and Todd Henry as two recent guests on the Idea to Value podcast. Well David has a new book out, and was on Todd’s Accidental Creative podcast to talk about some of the main themes.

Reader Survey 2021 Business Innovation Brief

Can you believe we are in 2021? 2020 was a challenging year for innovation and strategy professionals. Here at Business Innovation Brief, we have worked tirelessly to provide guidance and a sense of community for our viewers. Business Innovation Brief’s many thought-leaders eased the physical distance between us by sharing their wisdom and empathy. Our goal is that through our site, we helped make 2020 as rewarding as it was challenging. We would love for you to share your experience about how the site has affected your learning, and also your thoughts on how to make it better. The total time to complete the survey is 3-5 minutes To view the survey, click the “View Now” button below: