Pick an industry. Any industry. In nearly every case, you'll find two companies that started at about the same time, with roughly the same resources. One of them succeeds and the other fails. Or one prospers while the other languishes.
Highlights Once started, an innovation strategy needs to maintain momentum to affect real change. Often, what helps make an innovation strategy self-perpetuating is healthy for your organization as a whole. Clear communication, lowered barriers, room to breathe, and an open
2022 has been a year of trying to get a sense of what must change as we move forward to a new equilibrium from the pandemic. Here are five innovations from the year so far to keep an eye on.
In a world that’s interconnecting heavily and collecting data constantly, consumers use online tools to protect their health and safety from their medical problems. Equally, they find support for their ailments and discover new solutions. They need to balance and
Highlights Innovation strategy will be crucial to overcoming the post-COVID pandemic challenges faced by global economies. The pandemic has highlighted inequalities and potential solutions, giving innovative teams the chance to turn challenges into opportunities as we reach a new social
Highlights Team members need to be informed, engaged, and part of the process to ensure everyone’s working together. Remember that the issue may not be related to work, but rather a private problem. You’ll need to make space for that.
When you’re an innovator, you’re constantly looking for inspiration. A big part of being an innovator is being a researcher—someone with continual learning in their mind. A great place for inspiration and information is the podcast realm. Here, people are
Highlights Companies as diverse as Xerox, National Geographic, and Circuit City failed to innovate, and suffered painful costs as a result. While a company can survive failing to innovate, it can cost the firm billions and damage its long-term outlook,
Customer and employee suggestion boxes can be incorporated into any innovation campaign. Modern boxes should be digital, privacy-friendly, easy to use, and designed to collect useful data. Five Creative Ways of Suggestion Boxes Ideas The suggestion boxes are a classic
Highlights: The General Services Administration (GSA) founded the 10X program in 2017 to internally crowdsource ideas and new approaches. The GSA’s 10X program has been successful due to transparency, accepting failure as part of the process, and a willingness to
