Posts Tagged ‘sustainable innovation’

No Risk = No Innovation, and the “Get out of Jail” card

  The global business strategists, Boston Consulting Group report that risk aversion is the number one barrier to innovation.  Ray Kroc, the founder of McDonald’s Corporation was a bit more succinct in his thoughts on taking risks: “If you’re not a risk taker, you should get the hell out of business.”   Risk is fundamental…

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Value Creation – Optimize Your Sustainable Innovation Programs

Following Robert’s Rules of Innovation, Value Creation is the key to optimizing sustainable innovation programs within your organization.  Successful innovation is the process of using intellectual capital to create a financial return by creating a new product or service.  While the value of the idea is important, adding the perceived value of your customers will…

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Walking on the Edge with Innovation

Innovation thrives on a diet of news ideas. It needs new views, fresh thinking; a different perspective from across the organization, from the center to the edge. According to John Hagel and John Seely Brown for the Aspen Institute Roundtable Discussion in 2012, the place where innovation is most likely to flourish is not at…

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Sustainable Innovation Meets Disruptive Innovation

Why is success so hard to sustain? In order to succeed, everybody should be involved and engaged in innovation.  Innovation should be broad; from innovations in the product or offering, to innovations in the process, delivery, and/or finance. For many years, innovation was seen as the development of new products. However, creating new products is…

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Innovation Leadership Re-invented.

Innovation is constantly taking place around us, from the mundane and simple, to the abstract and grand. Last night I was watching a video for Samsung’s newest screen prototype, the oled bendable plastic screen under the Youm brand name. This morning I am sitting in a coffee shop using webbeams – free Wi-Fi provided with…

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Sustainable Innovation Metrics

  Of the 10 imperatives of Robert’s Rules of Innovation, Observe and Measure is one of the most vital. Innovation is ultimately about Return on Investment. A system of metrics will objectively show your progress and success each step of the way. It’s essential to follow a course of action that produces ongoing improvement, and sustainable and…

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Sustainable Innovation – Inspiration from a 7-year-old

Vision leads to the mission, from which is developed the strategy. Inject vibrant ideas, and stir in some climate and culture, process, and technology. The result: Sustainable Innovation About those vibrant ideas, where do they come from? You can wait for that “divine spark,” or you can make it happen. Often the hardest part of…

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5 Tips to Innovate in 2012

Essential elements to get Innovation going   As the New Year approaches, it is the perfect time to reexamine the Innovation efforts for your organization. A strategy for sustainable innovation is key to any company’s survival, and if executed successfully, will lead to profitable growth and increased shareholder value. With a new year and starting…

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Innovation: You Know You Want It, Now How to Implement It?

“Successful innovation is turning ideas into money,” as Innovation expert Nic Hunt so distinctly and accurately describes. Innovation is the ability to convert ideas into value for your company, customers and shareholders. Successful innovation is not a one time deal, but a process that delivers sustained, long term profitability. Any company can develop one or…

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