How to generate new ideas and innovations. The need for business innovation is hardly a secret these days. Top management is demanding innovation, often turning to employees for ideas to improve. That is the essence of idea management and potential for innovation. Idea management is the first part of the process of innovation. It is [...]
Why innovation is an answer to your business’ longevity. Every day new ideas are generated in the business world. New products are created. New methods are executed. Business folk manage to look at problems in different ways and come up with new solutions that others were previously unable to, offering a never-ending stream of value [...]
Innovations are the future of a company and are the most demanding processes within them. With innovations, both the path and the goal are only predictable and known in part. Team members often act in an uncertain environment – an environment that functions in the midst of often unexpected changes, making implementation more difficult. Many [...]
Customer integration and alignment can lead to transformation that exceeds your expectations. The more your customers realize you are committed to listening and delivering their needs and requests, the more they want to be involved and the more they value your brand. Today, customers have more know-how and request simple solutions more often. It is [...]
In a previous article, we talked about one method that you can implement to enhance innovative thinking called re-expression. Today we will look at two more ideation methods you can implement in your brainstorming sessions with a team (or on your own). Revolution Method The way we approach and think about challenges is often limited [...]
Your business’s innovation strategy is a major player in the game when it comes to transforming your organization from that of a newcomer to an established organization. Constant innovation ensures your company remains proactive rather than reactive, unleashing your company’s potential as a whole. Your company’s innovation strategy should grow with your organization. Below are [...]
Your company can have an innovation day any time of the year you want with these tips. Many companies launch innovative programs shortly after annual planning or on days that are set aside to recognize the initiative, such as Innovation Day. An innovation day is most often a 24-hour event where employees form teams to [...]
You can recognize the importance of teamwork while also encouraging individual creativity and performance with these tips. No matter how hard you press your company to adopt agile innovation, if you hang on to the old and standard company bonus and incentive model, you may enable your company to gravitate right back to where it [...]
Is Your Organization Truly Benefiting From Thought Leadership and Crowdsourcing? There are countless examples of how crowdfunding can be extremely effective. However, many business leaders (even those who publicly preach the importance of organizational innovation) fail to take advantage of the equally impactful practice of crowdsourcing. Here’s the thing: if you truly believe that ideas [...]
Using Agile Startup Principles to Attain Ongoing Success for Your Business The number one piece of advice that startup founders receive time and time again from mentors, venture capitalists, and even their peers? “Iterate, iterate, iterate.” Yet it seems that the inevitable result of success is to leave this method behind the moment that it [...]
