Blog
Back to BlogOWNERSHIP
Creating a Structured, Repeatable Process For Innovation
Established companies do not easily reinvent themselves. History shows us that Innovation is often the strategy of startups – but not only is it important in getting to the top, innovation is necessary in order to stay on top. New talent, new techniques, and new products are all needed to stay abreast of the competition.…
Read MoreInnovate With Purpose: Idea Prioritization
Idea Prioritization Ideation and idea management pack the front end of the New Product Development (NPD) funnel with a wealth of viable concepts. One of the toughest processes in innovation is idea prioritization. Idea prioritization is about how you invest your company’s product development resources. Most companies have too many projects underway for the limited resources available.…
Read More“Inciting Discovery, Inspiring Change” #CINONY
Earlier this month, Innovation Enterprise held a Chief Innovation Officer Summit in New York City. The Summit brings together innovation leaders from a range of industries to “incite discovery, inspire change & facilitate a cross-pollination of ideas”. Panelists from some of the most innovative companies such as Pfizer, Disney, Sony, and NASA discussed innovation best…
Read MoreHappy Labor Day: Ownership is Risk Taking
Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. For some, Labor Day signifies the end to sunny summer days. For others, it constitutes a yearly national tribute to the contributions workers have made to the…
Read MoreWhat drives Innovation and who owns it?
Ownership is one of the key imperatives of Robert’s Rules of Innovation. Most would agree that innovation is everyone’s responsibility, but employees can’t innovate unless their leaders empower them to do so. Innovation needs a champion within the organization to push them to take calculated risks, and to step outside their own comfort zone. Without…
Read MoreInnovation Myths Debunked
Innovation is key to a company’s survival, regardless of the size or type of organization. But there are many myths and common misconceptions when it comes to how innovation is achieved. Many people think innovation is all about generating ideas, or ideation. While it’s true that every innovation must start with an idea, it is…
Read MoreCreativity Does Not Equal Innovation
Innovation and Creativity are words that are at times used interchangeably in the research and development process, but they have two distinct meanings. While creativity is about coming up with the big idea, innovation is about executing the idea and making it a business success. Do not confuse the two. An organization can certainly have…
Read MoreOwnership: Are You Taking Responsibility?
In order to achieve Innovation, a champion within an organization must take Ownership – one of Robert’s Rules of Innovation imperatives. The champion, whether an officer or executive manager within the company, has the responsibility of convincing others to work outside their comfort zone, even if they are resistant to change.
Read MoreInnovation Governance: Adding Guidance and Essential Support
Companies and organizations turn to governing boards for so many critical elements these days. Boards of Directors guide overall strategy and direction. Appointed Audit Committees pore over corporate financials and performance. HR / Compensation Committees ensure the organization’s on track with hiring and benefits that keep it competitive. Each has been formed to inform, advice…
Read More‘Is This Yours?’ In The Innovation Process, The Answer Defines Ownership
“Excuse me, is this yours?” If someone asked members of your Innovation Team about “ownership” of a current initiative, would individuals reply, “Yes”? Or would the people involved point to the team leader, the CEO or someone else – someone other than themselves? Would they reply, “No, that’s his”?
Read More