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A Real Life Example of the Power of Giving Feedback

Idea Champions

Most Fortune 500 companies have some kind of corporate strategy in place for ratcheting up their innovation efforts. Feedback," for them, has become code for "With all due respect, let me tell you why your idea sucks". Oh Mr. CEO of a very large and profitable telecommunications company. Consultants are hired.

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If You Want to Create Breakthrough Products, Get Meaningful Feedback Early in the Game

Idea Champions

Most Fortune 500 companies have some kind of corporate strategy in place for ratcheting up their innovation efforts. Feedback," for them, has become code for "With all due respect, let me tell you why your idea sucks". Oh Mr. CEO of a very large and profitable telecommunications company. Consultants are hired.

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Business Model Innovation is not a one-way road, but a crossroad.

The BMI Lab Blog

All around the world new companies are both developing new business models and innovating current ones, with great success and without the help of new revolutionary technologies. Innovation is not a one-way road; it can be achieved through several paths. Pharma companies do not get in the innovation spotlight very often.