Thu.Aug 03, 2017

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Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

Behavioural nudges are clever policy tweaks often used by governments to influence the choices that people make. They are often found to be more effective and less costly than direct actions such as quotas, taxes or subsidies. Here are some simple examples: Putting calorie counts on menus encourages people to make healthier choices – salads instead of french fries.

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Seven Critical Crowdsourcing and Open Innovation Mistakes to Avoid

IdeaScale

Don’t get frustrated with your crowdsourcing campaign. Crowdsourcing and open innovation are great ideas. But like any great ideas, great results need smart execution. Too many ideas fall into a crowdsourcing gap, so here are the problems to avoid. Unfocused Strategy. By far the biggest problem is people have an idea and decide, vaguely, to throw crowdsourcing at the problem.

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How to conquer your Daily Innovation Zone

Exago

Once you've understood the four quadrants of the innovation model - steady growth, productivity gain, industry leadership, game change -, you'll need a plan to conquer your own Daily Innovation Zone. This means also learning how to create game changing innovation with minimum cost and risk. The post How to conquer your Daily Innovation Zone appeared first on Exago.

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Two strategic approaches to innovation: incremental vs radical

The BMI Lab Blog

There are two complementary approaches to innovation: incremental vs radical. When setting up an innovation strategy, there are many decisions to take. And, probably, one of the first challenges is to choose between two different approaches. Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach?

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Government Funding: Does It Help Or Hurt Innovation?

Phil McKinney

Governments around the world are beginning to see just how much the everyday citizen, the small business owner, or a startup can change the world. They understand that it is no longer just the Walmarts and BPs of every industry that have a significant impact on the economy. Innovators can pop up out of anywhere, […].

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The Essential 4-step Product Innovation Process [podcast]

Innovation Excellence

I love hearing how companies are creating successful products that provide customers value, which is the topic of this episode. Gordon Stannis, the Director of Design and Strategy at Twisthink shares their approach to developing innovative solutions for their Fortune 500 clients. Gordon started his work as an industrial designer and then moved into product.

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Top 20 Innovation Articles of May 2017

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are May’s twenty most.