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Innovation: It’s Not a Resolution. It’s a Resolute!
In 2016 and beyond, business leaders must permanently implement a culture of innovation. The Times Square Ball dropped. Ryan Seacrest earned a cool $1 million for hosting one night of television. And there was all the predictable raucous cheering and party horn blowing, kissing, and butchering of the “Auld Lang Syne” lyrics. Now, we’re just…
Read MoreThe Path to Leading by Example
No matter what industry you’re a part of, chances are you’ve had to deal with seemingly unreasonable demands and double standards from your direct supervisors, bosses, and clients. Perhaps, you’ve been contacted after-hours to make adjustments to your company’s impending press release the next day. Or your work environment has grown increasingly tense because your…
Read MoreThe Collective Effort of Creativity in Ideation
With our ever increasing aptitude for technology, CEO’s and thought-leaders are on the hunt for the next big idea; that one product or service that will revolutionize an industry. Recently, Fast Company released “The 100 Most Creative People in Business,” a list recognizing the innovative accomplishments of notable individuals; from people like Charles Arntzen –…
Read MoreCreating 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 MoreThe Language of Innovation Leaders – Selling Innovation The Right Way
During the process of innovation, selling your idea can be one of the biggest challenges. Once you go up several layers they begin to speak a different language. The office of CEO is only two steps above director. That might not seem like much, but with those two steps, the language shifts a great deal.…
Read MoreSetting the stage for Innovation: Inspiration is rule number one.
“A pessimist sees the difficulty in every opportunity; an optimist sees opportunity in every difficulty.” – Winston Churchill You don’t need me to tell you why innovation is important. The Status Quo is boring, and no great fortune was ever built by playing it safe. To step out of the pack and escape the…
Read MoreThe 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,…
Read MoreHow 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…
Read MoreRisk 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…
Read MoreManage Innovation to Drive Value Creation
The fundamental purpose of Innovation is to create value that translates into enhanced stakeholder/shareholder value. Sustainable process-driven innovation transforms ideas into vital intellectual property, Intellectual property into revenues, and revenues into increased stakeholder value. While the creation of the idea is important, the creation of value for the customer is equally paramount. In many companies,…
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