Businesses tend to think of innovation in terms of products, processes, or business models. Within those three domains of innovation are several innovation types that apply in different situations. The innovation type that is best suited to the problem depends
Some examples of the power of innovation change the world or create industries that never existed before. Blockchain is one of them. The first white paper about blockchain technology was released in 2008. The paper provided details of how blockchain could bring
Brainstorming is the beginning of idea management, but only the beginning. To keep the momentum going, idea management needs to clear away hurdles you may unintentionally put in the way. “Whose Job Is It?” Ideas need people to refine and
Engagement is a challenge even in the most innovative companies. Bringing in stakeholders across the board will take more than just a welcome email and a few meetings. Here's how to gear your company for innovation, to motivate to innovate,
Change management focuses on people, and how they move from their current situation to a new one. Anyone who has been through a major organizational change knows that change doesn’t happen in isolation and that unintended consequences are to be
Striving for excellence is not the same thing as demanding perfection. Striving for excellence opens up possibilities while demanding perfection attempts to carve outcomes in stone. It’s easy to see how perfectionism can stifle an innovation strategy and constrain people
Crowdsourcing is the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people rather than from traditional employees or suppliers. Essentially, it is the process of obtaining information or ideas from as many
Innovation by definition means change. Not all change, however, is innovative. Change – whether innovative or not – is inevitable, and the people and companies that regard change as a leverageable asset are the ones that end up better off
If somebody's car won't start, you don't ask them “Did you keep turning the key until it started?” Yet, when getting the motor running for innovation, we too often ask questions, not unlike that one. Relevant, powerful questions can take
Innovation is ultimately about solving problems. While it’s possible to solve problems in both innovative and non-innovative ways, innovative problem-solving has the potential to make major changes to what people do, how they conduct business, and how they live life. Problem-solving is a skill
