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Innovate your processes before innovating your products

Jeffrey Phillips

I was leading an innovation training session, talking about the reasons for conducting trend spotting and scenario planning prior to idea generation. What will the world look like when we are ready to finally release a product based on an idea from the past? Usually, blank stares result, for good reason.

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Choosing the right innovation approach for your business

hackerearth

If you don’t innovate, your company is likely to take this route: development → introduction → growth → maturity → decline. Internal innovation can happen through R&D teams, innovation management teams, business development teams, and employees. “Innovate or die” has become the catchphrase of the decade.