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
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
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
What’s the best idea among the ones you’ve defined? You’ve collected ideas. You’ve refined them. Now it’s time to see what’s made it through the process and evaluate which to act on. But how should the process of reviewing ideas be engaged in? Who should be involved? What, in short, are the best practices of … Continued
Nothing is built without collaboration. Ideas are simple to find. But, as we all know, good ideas are exceedingly rare. It’s much like finding gold. It rarely comes whole out of the ground; it’s often bound up in rock, various other minerals, and other “scrap” you have to separate to get at the gold you … Continued
Jessica Day