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Innovation or Disruption: What’s Your Aim?

The terms “innovation” and “disruption” are commonly used in today’s business world. Often, they’re treated as interchangeable, but they’re not the same thing. Disruption is innovation, but not all innovation is disruption, just like all squares are technically rectangles, but

Four Ways to Refine Your Innovation Process

Just like innovation itself, an innovation program is constantly being shaped by the environment around it over time. A good innovation program absorbs new information and ideas constantly. So how do you refine it? Look For Feedback Your innovation process

How to Create Clarity of Purpose in an Innovative Environment

Innovation is sometimes at odds with what many managers want, which is to improve the efficiency with which current processes operate. While innovation can and should improve efficiency, it often steps outside “how it’s done” to develop new ways of

Calculating the ROI for Your Idea Management System Launch

How do you measure the intangible? This is a particular struggle for innovation departments and committees launching an idea management system, who often need to come up with KPIs and metrics to explain what they're doing and how it benefits

Exploring Innovation Challenges for CPG Brands

CPG brands aren’t always associated with innovation, though they may be associated with innovation on a small scale. People buy the same brand of coffee for years, or decades and even the packaging may change. But the product is predictable,

How Does Globalization Impact Innovation Strategy?

Globalization and Innovation Strategy Globalization brings us closer and closer. What does this mean for the globalization of innovation? Ever since the rise of the multi-national corporation, bridging cultural, social, and political differences has become an increasing concern. Yet, innovation

How to Move from Process Improvement to Innovation

There’s absolutely nothing wrong with process improvement, but it isn’t the same thing as process innovation. Process improvement is about making an existing process better. And there’s no reason not to do this when the opportunity presents itself. Process innovation,

Is Your Innovation Management Process Inclusive?

Inclusivity is vital across any organization. But it's particularly important for innovation. It will only become more so as society goes through new shifts and as your organization changes. Your innovation strategy should reflect the innovation management process inclusively. What

Impact of Crowdsourcing in the Healthcare Industry

Though crowdsourcing has recently gained popularity in many industries across the world, it’s not necessarily intuitive for it to be part of healthcare. However, crowdsourcing has begun to have a notable impact in the health sphere, such as in the