Posts Tagged ‘innovation champion’

The Eureka Moment of Ideas & Idea Management

  Idea management is the second of critical processes of Robert’s Rules of Innovation and is essential in Innovation and New Product Development (NPD). It is really important to fill the innovation pipeline with ideas from many different sources in your business. Ideas can be generated from associates, sales, and of course R&D. In addition,…

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How Does Your Company Match Up to the GE Innovation Barometer?

The GE Global Innovation Barometer conducts annual surveys to put a finger on the pulse of innovation around the world. The survey was conducted earlier this year with over 3,200 high level business executives from over 26 countries participating. The executives surveyed are those chiefly responsible for their company’s innovation development.   This year’s survey touched…

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Risk is an Imperative for Sustainable Innovation

  Over five thousand failures for just one success:  When Thomas Edison discovered the light bulb it took him 5999 tries to get it right.  Edison is quoted as saying, “Every wrong attempt discarded is a step forward.” Of the ten imperatives to Roberts Rules of Innovation, “No Risk… No Innovation” is arguably one of…

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Leading for Innovation

Creating a company culture and mindset focused on innovation begins with proper training and coaching from leaders within the organization. From top to bottom, from executives to newcomers, everyone must be included in training and coaching programs. When you develop, support, and educate your workforce, employee engagement soars and innovation becomes reoccurring and sustainable.    …

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Forecasting Innovation: Observe and Measure for Future Success

When creating innovation, it is vital to set metric goals and track these metrics. One of Robert’s Rules of Innovation, “Observe and Measure,” in terms of the performance of the program implementation, needs to be built-in as a critical and recurring element. Though many companies measure past innovation by studying lagging indicators, Robert reminds us to measure…

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Accountability Supports Sustainable Innovation

Without risk there can be no innovation, but what happens when success is finally achieved?  In order for innovation to be sustainable it must be driven by a structured management approach that strives for accountability, invention, and re-invention. Back in December, Innovation Enterprise held a Chief Innovation Officer Summit in New York City. One of the best discussions…

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Re-framing Innovation Strategy in 2014

  Innovation “strategy” is no longer king. In today’s business world, uncertainty is virtually inescapable. It goes without saying that without risk, there can be no innovation. However, today’s climate requires that business leaders and innovation champions reframe how they approach innovation.   Albert Einstein is quoted as saying, “If I had an hour to…

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“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…

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Get your House in Order to Nurture New Product Development

  It is all about proper planning, communication, and execution in order to make an idea work or for sustainable innovation to happen. Implementing innovation depends on a disciplined strategy customized to the needs, size and culture of an organization. Each organization must create their own clearly defined stages and steps of the NPD process. New Product…

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Building Bulletproof Relationships

In a recent article for GCI Magazine, Martin Kleinman (co-author of Robert’s Rules of Innovation) calls attention to the interrelationship between brand strength and package design. The package is a critical touch point, and should be the distilled expression of a beauty brand. But the operative phrase here is “should be.” How often have you…

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