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How to Spot Your Innovation Blind Spot

Phil McKinney

The same applies to innovation. We all have areas where we are unaware, uninformed, prejudiced, or unappreciative of certain things, and this makes it difficult to recognize an innovation. This is referred to as an innovation blind spot. What is an Innovation Blind Spot? What Causes an Innovation Blind Spot?

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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Learnings from sports competitions Competition in business is similar to sports competitions – there are winners and losers. You don’t need to “reinvent the wheel” for small but innovative changes in your business model, instead get inspired by existing concepts in other industries and apply them to your business model.

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How to Keep Innovating in an Economic Downturn

Innov8rs

Innovators are forced to give up on initiatives, projects, and resources. In this context, innovators wonder how to get ideas across, how to continue projects, what back-up solutions to find and how to keep innovation afloat. Why is Innovation Essential During an Economic Downturn?

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What you need to know about India Innovation Growth Programme 2.0

hackerearth

After a not-so promising start at the beginning of this decade, India has been climbing up the Global Innovation Index ( GII ) rankings in the last couple of years—moving to from 81 in 2015 to 60 in 2017. According to a 2016 Capgemini study , India was the best innovation destination in Asia and the third best in the world.

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Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

With every enterprise innovation initiative, the most obvious and commonly prioritized assets are ideas. These are the backbone of innovation and can deliver amazing value, however they are ultimately only one aspect of innovation. Top 3 Alternative Innovation Assets 1.

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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Innovation is essential throughout the entire new product development (NPD) process, but nowhere is it more key than it is in the Fuzzy Front End (FFE) stage. In this blog we will share how crowdsourcing, incremental, and breakthrough innovation can be used as part of your NPD strategy throughout the FFE stage.

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A brief history of work, innovation and skills in the UK

Wazoku

Advances in mechanisation, mass production and, more recently, technology have shaped where and how we work, as well as what we produce. Most organisations today understand the importance of innovation but there was a time when it was a dirty word. We’ve seen the emergence of new job titles such as Head of Innovation.