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Tag Archives | innovation process

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When Being Different Becomes the Game Plan: Let The Innovation Process Keep You on Track

In today’s global economy, the leading driver behind its growth is Innovation. Yet, it is the least understood. Throughout the last century, captains of industries learned to master the process of production to such extent that it no longer functions as a significant Competitive Advantage. The challenge today is to master the process of Innovation.  […]

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pic 1 5 Principles of Innovation Strategy

When Execution Becomes Imperative: Learn the 5 Principles of Innovation Strategy

In an era of digital business and rapid technology change, virtually no company can ignore the imperative to innovate. Failing to do so is an invitation to lose business. To learn how companies are responding to this mandate, PwC conducted a major global study in 44 countries. The goal was to understand how leaders view […]

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lion

How to Drive Innovation by Creating a Lion’s Den

If you are looking for an engaging and fun way to spark innovation among employees you will like this idea that I call “Lion’s Den.”  This interesting employee event is loosely built on the concept of the television shows, “Shark’s Tank” and “Dragon’s Den,” in which, hopeful entrepreneurs are given an opportunity to pitch their […]

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innovation_fails

When Innovation Fails and 10 Ways to Innovation Success

No one is able to stand still in this fast paced business environment. As business leader you’re looking for ways to innovate, but most of the time innovation fails. Innovation process-expert Robert Cooper shows that of every seven new product/service projects, about four enter development, 1.5 are launched, and only one succeeds. Innovation is so difficult […]

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