Brands In Memoriam 2012


It’s ironic that an industry that flies you around in the sky at 500 mph and largely invented the modern loyalty program today can’t come up with more clever ways to achieve growth than eliminating its own competition—plus five extra inches of leg room, baggage checks, and those yummy inflight box lunches are now upsells. So 18,000 people lost their jobs because no deal could be reached between managers and workers?

2012 Innovation Resolution: Turning Ideas Into Money

Robert Brands

In order to implement sustainable Innovation in 2012, you need to define innovation in a manner that makes strategic sense for your organization, and have the know-how to properly construct and use a process, plus the will to keep the process on course. Make developing that strategy your 2012 New Year’s Resolution. A three stage plan may include: Stage 1 Product Definition where a product is examined for its brand strategy, profit potential, and competitive analysis.


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The Story's the Thing

Boxes and Arrows

One of the earliest jobs I had out of college (after trying my hand at carpet cleaning, waiting tables and telemarketing) was as an office manager in a medical office. I talked the owner into getting a computer and a database management package—a sort of Erector set for database application design that I’d seen at a Mac user group a year before—so I could make the office more efficient.

Innovation Balancing Act

Robert Brands

Successfully managing the process of innovation ensures the outcome results in a superior return on investment (ROI). IP Protection – IP and Patent protection lock in your competitive advantage and support sales results and market share. NO INNOVATION VALUE CREATION IDEA MANAGEMENT Ideation innovation balancing act innovation coach robert's rules of innovation

Lady Gaga takes innovation to avant-garde levels

Innovation 360 Group

By understanding what you are actually selling, you can find your unique abilities and become sustainably competitive. Sitting on the plane home from Monaco and have just, together with some Bearing colleagues , run our innovation management program at Monaco’s business school and the MBA program of Luxury Goods. How offers become almost impossible to copy. WHAT ARE YOU SELLING?

The Quality Chronicles


Innovation is always factored by the ticking click, who gets the jump and the competitive advantage, when a cost center becomes a profit center. QA is the proxy for the customer, not management, and as such must have a voice that is shared throughout a company. Quality is won when it is broadly embraced as a shared value, and then championed by a high energy team that inspires its adoption at the highest levels of management and all through the ranks.

Listening to Your Employees through Surveys


It is the one that should identify the strengths and weaknesses of an individual to enhance their skills and abilities in order to be competitive enough and become an important and valuable asset for the company. With this, management can identify areas that should be enhanced to cater their needs. The 3 Benefits Of Using Idea Management Software. People are the foundation of an organization and cannot run a business without employees.

We need to delay the Tokyo 2020 Olympics

Idea to Value

I worked for more than 2 years on the London 2012 Olympics directly with the athletes, and have seen first hand what the Games are like, in the stadium and in the athletes village. Dear International Olympic Committee – IOC.

Video 187

Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes


Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. We believe that any executive who wants to pull their organization in new directions must look inward as well as outward – a feat that can be achieved more easily with an idea and innovation management platform. Another use of an innovation management platform is as a scouting platform for companies looking to better track and manage their M&A activities.

What is idea management and why is it important for any business


Ideas that, if materialized into innovative products or services, align with your organization’s goals, increasing revenues and keeping competition at bay. What is idea management? Top management world over is now running helter-skelter demanding innovation. That’s the crux of idea management, thereby potential innovation. Whether it is limited by time or continuous process, idea management can include internal initiatives and external stakeholders.

The 5 Ways Chairman Lampert Destroyed Sears’ Value

Adam Hartung

As a case study in bad leadership, Sears under Chairman Lampert offers great lessons in Value Destruction that would serve Professor Fruhan’s teachings well: 1 – Micro-management in lieu of strategy. Mr. Lampert has been merciless in his tenacity to manage every detail at Sears. Explanations took precedent over action as micro-management ate up management’s time, rather than trying to run a successful company.

71 Innovation Methodologies

Open Innovation EU

Focus stage: Seed Published: 2012 more…. Design Competitions. Focus stage: Early-stage Published: 2012 more…. Managing Distributed Innovation (Bogers). Focus stage: Maturity Published: 2012 more…. Managing Unsolicited Ideas (Alexey). Focus stage: Maturity Published: 2012 more…. Focus stage: Seed Published: 2012 more…. Focus stage: Growth Published: 2012 more…. Focus stage: Growth Published: 2012 more….

Amazon: No Need to Disclose (yet)

Michael Roberto

They see one of the world's most ambitious companies and a stock price that has quadrupled since 2012, and happily toss aside their Amazon spreadsheets filled with question marks. Bezos, I believe, would rebut Ovide's observations by explaining that Amazon does not manage for quarterly earnings or to meet short-term investor expectations. He is managing for the long term, and he's putting the customer first. Amazon competitive advantage disclosure strategy

Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

They filed for bankruptcy in 2012. Price, branding, competitor offering and even convenience are all equally important, and you need to tick every box to stay competitive. The post Adapt or die: lessons from 5 companies that failed to innovate appeared first on Idea Drop | Idea Management Software. Innovation Management Innovation Strategy

The Innovators’ DNA in a Design Infused Company


innovators-mindset collective-creativity design-infused-company innovation-management design-thinking

Some examples of co-creation that bring brand and consumer together


In 2014, McKinsey already claimed that almost 90% of managers agreed on the value of collaboration between brands and consumers [ download our ebook with methodology and good practice for co-creation with large audiences]. Lego’s is one of the best-known cases of co-creation and is often cited as a success story because it managed to generate loyalty among consumers through their participation in the product they wished to purchase.

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question


And companies that continuously outlearn their competition win. How do you manage innovation/idea portfolios? March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?—?June In order to achieve breakthrough innovation, you shouldn’t be limiting yourself to any one of these frameworks, but rather using all three…and possibly more. The bigger context You don’t get a gold star for following process, but achieving results?—?specifically,

Workplace Conflict: Statistics That Reveal Its Cost


It’s possible to learn how to effectively manage conflict with training. But notice that healthy, positive conflict can include: Competition that motivates people to work harder toward goals. 23%: Problems with line managers. 14%: Problems with performance management.

Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. In fact, the velocity of obsolescence , referred to the rate of speed at which a product or service and/or the competitive advantage of it will lose its value, has dramatically increased. in 2012. However, more than 60% of replaced televisions were still functioning in 2012. This is a fascinating time to be alive.

The Innovators’ DNA in a Design Infused Company


Design Thinking really resonated well with me and I felt an AHA-moment at Singularity University after I won the Global Impact Competition for Central-Eastern Europe in 2012 and as a first prize got the opportunity to be part of the 10-week Global Solutions Program of SingularityU at the NASA Ames in the Bay Area. innovators-mindset collective-creativity design-infused-company innovation-management design-thinking

Listen to Employees When Evaluating Leadership

Adam Hartung

Often this leads to employee unhappiness with senior management, frequently offering low evaluations of the CEO – who makes 1,000 times their annual earnings. Office Max appeared on the list (#5) in 2012, and was acquired by Office Depot 8 months later. And, of course, Radio Shack made the list in 2012 (#3,) 2013 (#5) and 2014 (#11) only to file bankruptcy in 2015. In 2012 the stock rose from $54 to $66, yet appeared #2 on the list.

The Top 5 Technology Trends That Will Drive Innovation in 2018


Samsung Galaxy with touchscreen technology in 2012). AI chatbots, by blending principles of sentiment analysis, knowledge management and NLP, will serve as health assistants and virtual helpers to improve caregiver–patient interactions. AI for retailers could be about automated inventory management while for enforcers of the law, it could be predictive policing. For B2B companies, AI will help in lead generation and predictive account management and sales.

Transforming Indian Railway Stations via Open Innovation


To make it happen the Indian Railway Stations Development Corporation Limited (IRSDC) has launched the Station Rejuvenation through joint Action competition inviting architects, engineers, urban planners, citizens, and other interested parties to submit their plans and ideas. The IRSDC was created in 2012 with the express purpose of transforming the country’s railway stations. Tagline and Logo Competition.

Employee engagement and innovation


The authors also reported that employee well-being improves performance and can be the source of competitive advantage, growth, and innovation. According to a study by Krueger and Killham published in the Gallup Management Journal, 59 percent of engaged employees agree that their job makes them more creative. So what about the management? UK’s Chartered Management Institute studied the association between employee engagement and innovation from the management perspective.

Latest Conference Research on Innovation Ecosystems

Open Innovation

Instead we held an online conference , modeled on the earlier 2012 conference for the Open Innovation special issue of Research Policy. On June 18-19, we were scheduled to hold an ecosystem conference in Copenhagen, at the end of the annual DRUID conference.

What is design thinking and how can it help you innovate?


Simply put, design thinking is an action-oriented and solution-focused methodology used to solve complex problems, such as those faced by organizations in a highly competitive and rapidly changing environment. Leaders and managers can design the way they lead, manage, innovate, and create. A popular misconception is that design thinking is riskier than the traditional business approach that managers take to solve a problem. Innovation Management

How companies are innovating in the energy sector

Hacker Earth Developers Blog

In the Economist Thriving Through Disruption Report, 60% of executives said their senior management view disruption as a threat, not an opportunity. Ever since renewables became a part of the German mass market, investment has been dominated by private households and farmers who owned 46% of the 73GW renewable electricity supply in Germany in 2012, while all incumbent utilities (such as Vattenfall, EnBW, E.on, and RWE) owned only 12%.” Innovation Management

VC to CV


An article a year or two back from Global Corporate Funding stated that between 2010 and 2012, 182 CV units were formed bringing the total number globally to 936. For example in 2012 Intel alone made 150 investments worth $353m. For example we ran a competition for Orange back in 2012 and this led to an ever-deepening partnership that has flowered in the form of Orange Fun Finder. Who’d be a venture capitalist in 2015?

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question


And companies that continuously outlearn their competition win. How do you manage innovation/idea portfolios? March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?—?June In order to achieve breakthrough innovation, you shouldn’t be limiting yourself to any one of these frameworks, but rather using all three…and possibly more. The bigger context You don’t get a gold star for following process, but achieving results?—?specifically,

7 Things Every CEO Should Know About Their Patents


And secondly, looking to baseball, the quintessential analytics dream sport, with a century of meticulous and massive data to use to drive competitive advantage – and it wasn’t until the late 90’s and early 2000’s that the standard metrics and value interpretation were challenged, giving teams that were more innovative and savvy in analytics an important statistical advantage. End of 2012 $7,473. Motorola Balance Sheet, intangible assets (in millions): End of 2012 $109.

Rewards and Recognition for Internal Innovation


In the past few weeks we’ve discussed innovation, idea management, and employee engagement, and how your company can benefit from adapting to these concepts and ideas. Yet what we haven’t talked about is what happens after you implement and rollout idea management software, and what you and your employees need to do to make sure it is being used correctly and consistently from the get go, like for e.g If we stuck to that idea, then idea management software wouldn’t work effectively.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

And for that reason it has become an integral criteria in many prescriptive regulations for (higher) education and in increasing numbers also explicitly and implicitly part of curricula (Saavedra & Opfer, 2012). As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Are managers prepared to allow experimentation?

Retaining the innovative spark

Jeffrey Phillips

Competition is accelerating, of course, and so is innovation. It's common for the management team to turn over during this transition - idealistic people who created killer products leave and people who can manage existing products and squeeze revenue and profits from current operations take over. Meanwhile management teams are far more comfortable cutting costs and extending the life of existing products, rather than recreating or reinventing.

Innovation System Thinking on a Sunday! What, no roast or glass of wine? Later.

Paul Hobcraft

Teece’s concept of dynamic capabilities is a theory about the source of corporate agility: the capacity (1) to sense and shape opportunities and threats, (2) to seize opportunities by mobilizing your resources to capture new value from those opportunities, and (3) to maintain competitiveness through enhancing, combining, protecting, and, when necessary, re-configuring the business enterprise’s intangible and tangible assets, by transforming them for continuous renewal.

System 125

Why Corporations Need “Coopetition” with Startups


Business frenemies are not exactly a new concept, but it’s a surprisingly hot topic right now: as a 2014 study on Amazon’s coopetitive habits in Industrial Marketing Management put it, “by collaborating with its competitors, a company can build new capabilities and gain better leverage on its current ones, as well as boosting its brand and technologies.”. Competition between individual entities then slowly shifts towards competition between networks.

CFP: 3D Printing Conference in Paris, June 1

Open Innovation

Likewise, the editor of Wired forecasted that the “desktop manufacturing revolution [would] change the world as much as the personal computer did” (Anderson, 2012). Additive manufacturing creates new rules of competition including “economies of one” (Petrick and Simpson, 2013) and accelerating mass customisation (Jiang et al., Researchers have also examined how existing management and other theories are affected by 3D printing.

Themes for the practice of open innovation

Open Innovation

I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. She seems to consistently attracts a solid group of attendees at the CoDev conferences, which today are co-sponsored by the Management Roundtable. 2006) "Toolkits for idea competitions: a novel method to integrate users in new product development." R&D Management 36 (3): 307-318.

When innovation led to a reversal of fortunes


Apple has refashioned consumer experience with its iconic branding, stylish design and a diverse product range, its own retail stores, and important partnerships with the competition. On top of structuring management and operations, every new idea was to be consistent with the company’s goals. Lego has managed to wring sustainability by adopting the Lean startup approach. Nintendo released Wii U in 2012. 1 PwC Advisory Oracle practice 2012.

How to create a scalable strategy in the midst of the COVID-19 crisis


Even before the pandemic, entrepreneurs already had a difficult time remaining relevant in an increasingly competitive market. The Lebanese mathematician and statistician is the author of works such as The Logic of the Black Swan (2007) and Antifragile : Things that Benefit from Chaos (2012) – which we have already talked about in our webinar Antifragile Future: where are we headed?

Tips 40

How Telltales Told You Not to Own Wal-Mart, and Continue To Do So

Adam Hartung

By February, 2012 I pointed out that the big reorganization at Wal-Mart was akin to re-arranging deck chairs on a sinking ship and said nobody should own the stock. At the end of April, 2012 the Wal-Mart Mexican bribery scandal made the press, and I warned investors that this was a telltale sign of a company scrambling to make its numbers – and pushing the ethical (if not legal) envelope in trying to defend and extend its worn out success formula.

Strategic Planning in a Dancing Landscape


You value analytics, organization, and project management. Meanwhile, there may also be disruptors you cannot see or predict creating new types of competition. Consider a company that had an international expansion plan in 2012. “In preparing for battle, I have always found that plans are useless but planning is indispensable.” – Dwight D. Eisenhower. When you start a new business, it is like climbing a mountain.

Lack of Innovation Will Kill Your Business (2 Examples to Prove It)


The answer is no secret: their lack of innovation enabled the competition to take the lead. If you think about this, the only thing that Nokia’s management had to worry about was getting better financial results each year. Fast forward to 2012 and the company filed for bankruptcy. Or if they had used an idea management platform. The company’s managers wanted to keep the film business alive, so they hid the amazing technology developed in-house.

Innovation is a Company Wide Responsibility


The only way for it to survive is to be separated from its internal competition. I’m the kind of person who wouldn’t last a day as the manager of a homeless shelter.