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5 Successful Open Innovation Examples

Both large and small companies have agreed that innovation and creativity are essential tools to sustain business success and improve market …

How to build a corporate innovation lab that works

If your company has decided to set up an innovation outpost (see our last post on how to make that decision), how do you actually do it? How do you staff it? What should the team in the outpost be doing day-to-day? In what order?<p>Here’s a step-by-step guide that will answer all of those …

The Innovative Power of Criticism

The business world is awash in ideas for new products, services, and business models. Thanks to powerful ideation approaches such as design thinking and crowdsourcing, it has become incredibly easy and relatively inexpensive for companies to obtain a vast number of novel concepts, from both …

Innovation Outposts and The Evolution of Corporate R&D

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. …

Innovation Requires Ambidextrous Management

For quite some time, I've been advocating the idea that successful and sustainable corporate innovation management systems should be based on the …

Triumph of the Innovation Economy

We’ve heard so much about innovation in recent years that some misguided folks already view it as nothing more than a management fad. This series of …

The 2015 World's Most Innovative Companies | Fast Company

Innovation and Organizational Culture

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “Most Innovative Companies 2014” survey. Beside the annual …

Innovation

“What is Innovation?” – A Simple Definition

Given the rhetoric and column inches invested in the subject, it seems strange that anyone is still asking “What is innovation?” Yet, in meeting …

This Serial Entrepreneur Keeps On Innovating

He has eliminated nearly every obstacle between dreaming up his ideas and making them happen. But how long can his magic last?<p>The United Nations delegation filed into Edo Segal's office, took their seats on the black leather couches, and got down to the business of the day: They needed …

An Innovative Approach to Customer Experience Design

recognise that the critical success factor in the future will be to put customers first. And to put customer experience delivery front-and-centre …

Customers

Organizational Models for Breakthrough Innovation

As we have suggested earlier, innovation activities that are radical or disruptive in nature, should be separated from incremental innovation around …

Innovation

Why anyone can make the world a better place

Human Journey<p>Each year, hundreds – if not thousands – of engaged students walk through the doors of schools, colleges and universities around the world eager to learn the art of social change. Classes in social innovation, social entrepreneurship and design thinking, among many others, have become …

Design Thinking Comes of Age

There’s a shift under way in large organizations, one that puts design much closer to the center of the enterprise. But the shift isn’t about aesthetics. It’s about applying the principles of design to the way people work.<p>This new approach is in large part a response to the increasing complexity of …