Idea to Value

65% of Venture Capital-backed deals fail to return investment, and only 4% make substantial returns

Idea to Value

Everyone knows that investing in innovative new ideas carries a degree of risk. However, new data from Correlation Ventures shows just how risky investing in new companies can be. The chart above shows the financial outcomes for 21,640 different financing deals between 2004 and 2013 (note that these were the total number of deals, not individual companies).

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. In fact, creativity is becoming a core skill which companies know they need in the future.

Sleeping with the enemy: The pain of innovation disrupting your industry

Idea to Value

I’d like to start today’s article with a story about something that shook me up a bit recently. I recently bought a diamond engagement ring at an amazing online store, but needed to get the size adjusted slightly.

How machines learn (a great video explanation of deep learning)

Idea to Value

In today’s dose of inspiration, I wanted to give you an insight into one of the most innovative technologies of the past few years which has the potential to revolutionise entire industries: machine learning.

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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

How to keep our children (and adults) from losing their creativity

Idea to Value

All children are born creative. Yet why is it that when we ask adults, the majority would not describe themselves as being creative anymore? What has happened over those formative years to remove a person’s ability to come up with great new ideas? Can we keep our children creative for longer?

The single biggest reason why startups succeed

Idea to Value

One of the most complicated questions to answer in business is why some ideas succeed and others fail. That is where I came across this interesting TED Talk by Bill Gross (video above), who is the founder of the first US-based startup accelerator: Idealab.

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New insights on how your creativity decreases as you get older

Idea to Value

I couldn’t wait to teach you some amazing insights I recently found out on how creativity evolves over time, so I just grabbed by phone and shot this quick video for you.

4 Reasons Great Leaders Are Not Afraid to Fail

Idea to Value

Many people have an overwhelming fear of failure. This usually stems from societal programming that tells us how negative and even shameful failure is. However, the reality is that failure is a necessary part of life. It is just one step of thousands you will take.

This video shows how bacteria evolve resistance to antibiotics

Idea to Value

One of the most pressing concerns in medical innovation is how to address the problem of bacteria becoming resistant to antibiotics. There are regular news updates about diseases that are becoming resistant to traditional drugs, such as MRSA and even Super Gonnoreah.

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11 Proven Ways to Turn Your Culture into a Culture of Innovation

Learn the 11 proven strategies that you can implement quickly to get every employee innovating and contributing to the growth of your company.

The Creativity Crisis: It’s Getting Worse

Idea to Value

In this very special guest post by Professor KH Kim, we find out the updated facts of what is happening to people’s creativity levels over the past decades, now with updated statistics for 2017.

The TRUE story of Post-It Notes, and how they almost failed

Idea to Value

Everyone knows the story of the humble Post-It Note, and how it represents an idea’s ability to evolve and flourish. Some people would even hold up Post-It Notes as a symbol for innovation itself, much like the lightbulb is a symbol for an idea.

Sydney Innov8rs conference: Come and learn from me and 40+ live innovation speakers

Idea to Value

It’s my honor to announce that I will be one of the featured workshop leaders at the upcoming Innov8rs conference in Sydney , Australia, from the 25th -27th September 2018. I will be joining over 40+ other live speakers at this amazing conference.

New study shows whether collaboration is more effective than working alone (hint: it isn’t the best way…)

Idea to Value

Who is more effective at problem-solving and finding solutions to difficult challenges? Is it groups of people collaborating on the challenge together, or individuals working alone? I came across the answer in a new research paper , and the result surprised me. Most innovation experts would advise that full-time collaboration is a basic requirement for building innovative new solutions.

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6 Ways to Build a Successful Innovation Program

Learn how forward-thinking leaders use crowdsourcing to impact their company’s bottom line through methods such as creating a culture of innovation.

Your lazy brain: Why thinking is actually uncomfortable

Idea to Value

A fantastic video by Veritasium which shows how your brain usually reacts instinctively, because that is more energy efficient that actually working on a challenge.

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Amazon Go is the future of supermarkets. But right now it allows you to steal tampons.

Idea to Value

Amazon has just taken another step towards owning your entire shopping experience, by opening the world’s first supermarket where you just pick up whatever you want and leave.

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This engineer replaced a $1,000.00+ medical device with one costing $0.20

Idea to Value

Sometimes, you need to set yourself really strict constraints in order to come up with the most creative innovations. This is exactly what Manu Prakash did with his team at Stanford when trying to make a better, cheaper way to test blood samples in poorer countries. Check out his video above.

Why I have a problem with the Global Innovation Index

Idea to Value

INSEAD Business School, along with Cornell University and the World Intellectual Property Organisation have just released their analysis of the world’s most innovative countries for 2016.

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Spigit's 2018 State of Crowdsourced Innovation Report

A rigorous analysis of how the world’s largest brands – representing 21 different industry verticals – leverage their innovation programs to solve problems and surface opportunities, and the key role crowdsourcing plays in their success.

2016’s best innovation blog articles, from the top influential innovation bloggers

Idea to Value

Sometimes, it is important to take a step back from your own work, and highlight some of the best work from other people around the world.

The Top Reasons We Fail to Achieve Our Creative Goals (And How to Stop It Happening to You)

Idea to Value

There are few things more detrimental to a person’s self-confidence and motivation than failure to achieve the goals they set for themselves. Yet this is something that happens to countless people every day.

How Hollywood turns this vehicle into any car you can think of using CGI

Idea to Value

You probably know about green screen, and how film and TV studios use it to create computer-generated images for you favorite blockbusters. But did you know that a lot of the cars you see on screen, on TV and especially in commercials might be computer-generated as well?

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Diminishing law of innovation returns and the problem with “better”

Idea to Value

Every company thinks that they can innovate by making their product better. But eventually, this concept of “better” begins to become irrelevant.

Quantifying a Culture of Innovation

A rigorous, quantitative analysis of corporate innovation cultures – the most comprehensive study on this topic ever.

Did you know: Some people are born with an imagination?

Idea to Value

One of the most important skills for any creative person is that of visualisation.

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Silent Geniuses: Why we need more respect for the creativity of introverts

Idea to Value

Share this post with anyone who you know who wishes that they had the courage to speak up and let people know about their ideas. Imagine what you think a “creative person” looks like, and what they behave like.

Elon Musks new $0 salary, and what it can teach us about visionary innovation leaders

Idea to Value

When it comes to innovative business practices, Elon Musk doesn’t appear to do anything half-hearted. In fact, we have previously spoken about how Elon Musk shows how you can turn a Twitter complaint into a solution in 6 days.

What is innovation? 15 experts share their innovation definition

Idea to Value

I spoke to 15 of the world’s leading innovation experts to get their definition of “innovation” The variety in their responses may surprise you. Content. Introduction. Nick Skillicorn. David Burkus. Stephen Shapiro. Pete Foley. Gijs van Wulfen. Kevin McFarthing. Robert Brands.

Data From 3.5 Million Employees Shows How Innovation Really Works

Analysis of how 3.5 million employees using Spigit ideate proves innovation is a science, and can be measured.

Microsoft retakes the innovation crown with its new focus on creativity

Idea to Value

Up until a few years ago, experts in the innovation space were using Microsoft as a case study for failing to innovate.

Inspirational and creative furniture made from folding woods

Idea to Value

Check out this video to see some amazingly creative furniture designed by Dutch designer Robert van Embricqs. Created using just a single piece of bamboo and strategically cut and fit together, each piece transforms from a flat slab of wood into a functional piece of furniture. A table. A chair.

Uber’s latest innovation: using a friend’s location as a destination

Idea to Value

Uber, the ride-sharing app already making taxi-services obsolete, has just announced their latest feature, and in my view it is a perfect example of innovation. It allows you to ask a contact whether they will allow you to use their location as a destination for their Uber ride. Genius.

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This emotional short animation shows how parents inadvertently stifle their children’s creativity

Idea to Value

This short animated film really got to me. Without speaking a single word, it illustrated how parents who think they are doing what is best for their children may inadvertently be training them to be uncreative. Watch the short film in the video above. Called Alike , it was directed by Daniel Martínez Lara & Rafa Cano Méndez and has won over 81 international awards.

5 Product Traps - And Better Paths

Speaker: Johanna Rothman, Management Consultant, Rothman Consulting Group

Is your agile team overloaded with feature requests, with no time for discovery? Do your roadmaps read like impossible wish lists? Well, you’re not alone. It may seem impossible now, but what if we said that with a few changes, you could be meeting deadlines with the ability to predict progress with accuracy, be happy with your progress against the roadmap, and be making time for near-continuous discovery? Johanna Rothman has seen this all too often across many different organizations. She will take us through five common traps that agile product teams fall into – and likely you are in several of those traps right now. And good news - she has ways to avoid them!

The future of renewable energy: kite power

Idea to Value

Despite what the current US president keeps saying, renewable energy is the way that the world will be powered in the future. Two of the most established technologies which already provide electricity to millions of people are solar power and wind power.

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How Steve Jobs predicted what would cause Apple to lose its innovative edge

Idea to Value

One of the most misunderstood concepts in innovation management is why some companies can bring their ideas to life and continue innovating, while in other companies good ideas get no traction and die.

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How to defeat “Loss Aversion” – the #1 reason why middle managers kill innovation

Idea to Value

In this article, you are going to learn exactly what Loss Aversion is, why is creates crippling fear in middle managers and decision-makers, and a simple model for how you can reframe your company’s thinking which encourages more innovation projects to thrive.

Dr Beau Lotto on how being creative requires the brain to do what it fears most

Idea to Value

In this interesting perspective video (above) from Dr Beau Lotto, we find out why being creative is one of the things which the brain fears most. At a high level, it is all about the fact that the brain is designed to reduce and remove uncertainty from our lives.

What Users Want: How and Why to Build Knowledge into Your Product

Speaker: Nils Davis, Principal, NPD Associates

Usage data allows PMs, the product team, and the whole organization to make better decisions. Good usage intelligence gives you the ability to be smarter, more active, more decisive, nimbler, and to minimize risk. But what if you don't have that data - such as before you have users? Or, what if the right decision seems to fly in the face of the data you have? Or, what if your product offers more than just the standard features? To get deeper into these questions, Nils Davis asks, "What is the most interesting thing about Instagram?" (Because who doesn't like a product that Facebook paid $1 billion for when it had fewer than 50 employees and no revenue?) Nils will use the example of Instagram’s Filters to talk about how putting prebuilt knowledge in your product can change the way your product is used for the better - putting you in the company of most market-leading products. Finally, he’ll tie it all together by explaining how the way you interpret and use usage data can impact the way your tell your product’s story, and ultimately, how your users use your product.