IDEASCALE BLOG

Tag: stakeholders

Creating Innovation Value

Creating Innovation Value

In a recent Harvard Business Review article, researchers Peder Inge Furseth and Richard Cuthbertson discuss their findings from a review of innovation case studies from corporate leaders such as Borders, Amazon, Apple, Xerox, and Kodak. They’ve found that oftentimes, companies spend more time and resources building out their innovation capacity, but not actually building out … Continued

How is Open Innovation Different from Co-Creation?

Is Open Innovation Different from Co-Creation

When innovating, do you stick to what you know or the wider world? “Open innovation” and “co-creation” are words you hear a lot when building an innovation strategy, and they also seem to be words that most people poorly define. To some, they’re interchangeable. To others, they’re wildly different. The truth is that they can … Continued

How to Refine an Idea

How to Refine an Idea

Ideas are easy. But how do you execute them? OK, you’ve got a great idea, but do you know how to refine an idea? It quickly becomes clear with innovation management that coming up with the idea is just the beginning of the process. How do you turn the ore of a great idea into … Continued

How To Build Your Innovation Team

How to Build Your Innovation Team

Your team should be the people who want to be there. There is no innovation without a strong team. Every great idea had a string of brilliant minds behind it, from those who design the concept to those who execute it. So how do you build the best possible innovation team? Get Volunteers, Not Appointees … Continued

Clarify How Decisions Are Made

How Decisions Are Made

I recently read a book called Crucial Conversations. In the chapter called “Move to Action,” the authors describe four methods for decision-making. Command Also known as the “executive decision.” This is when an authority or delegate makes a unilateral decision. This is appropriate when the decision must be driven primarily by the executive’s unique insight … Continued