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The 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 MoreExponential Leadership and Innovation
“If I had asked people what they wanted, they would have said faster horses.” While there is no hard evidence to attribute the above quote to Henry Ford, there is no argument that he was a visionary of his time. He created something that consumers didn’t realize they needed, by making the automobile affordable. He…
Read MoreForecasting 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…
Read MoreGet 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…
Read MoreObserve and Measure – Fueling Continuous Improvement
Of the Ten imperatives of Robert’s Rules of Innovation, Observe and Measure is the step that fuels continuous improvement within your organization. Without tangible metrics, innovation may not be recognized as successful or overlooked when failing. These metrics allow your company to track your progress and success during each step of the process. It is…
Read MoreNet Results Plus Net Rewards, Equal Net Profits.
Net Result, Net Reward: These two succinct yet powerful phrases define the last imperative of Robert’s Rules of Innovation. The principle is essential; dynamic innovation will yield a profitable return on investment (ROI) measured as a favorable direct correlation of innovative ideas and net profits earned. Below is the fundamental framework of Robert’s Rules of…
Read MoreDo Your Innovation Emperor, Rules & Idea Management Help or Hinder the Process?
In the pursuit of innovation, many “enlightened” companies try to follow what they believe are established morays and best practices. They install someone to manage new product development or innovation. They set up a litany of rules. And they select only the “best” ideas for further development. Then they wonder why innovation falls fallow. A…
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