The Innovation Officer: A Proposal for Companies Where Innovation is Vital

InnovationOfficer

The idea of a Chief Innovation Officer assures the ideas that come through the company have commercial value aligned with business strategy.

Innovation Library Management Best Practices

Consider the following tips when planning and using your innovation library management tool: Take full advantage of the ability to describe the many aspects, or categories, of an innovation (ex. idea, intellectual property, prototype, consumer test, etc.) Organizing innovations with these attributes helps differentiate content and allows users greater flexibility when searching for solutions. Utilize […]

Innovation Requires Asking the Right Questions

A More Beautiful Question

Strategy& (formerly Boos & Co, now a division of PWC) blog, “Strategy+Business” has a review of Warren Berger’s new book A More Beautiful Question: The Power of Inquiry to Spark Breakthrough Ideas (Bloomsbury, 2014).  Berger illustrates the role of questions in spurring creativity and shows that it’s more important to ask the right questions. “The old, […]

Redefining Innovation to Reduce Product Costs

complexity_chart

Too often innovation is perceived as a practice that increases the costs of goods.  Contrary to popular opinion, research and experience  demonstrates that innovation might be the most effective tool for reducing costs.

4 Myths About Innovation Management Software

Found on BusinessToCommunity.com is this article about four of the hurdles innovation management software must overcome in order, not only to be purchased, but adopted by the innovation teams: 1. It Will Only Get in the Way 2. It’s Only Useful for Brand New Ideas 3. Innovation Begins and Ends with the Lightbulb, So What’s […]

It’s The End of Innovation as We Know It

theEndisNear

For years there has been grumbling about the demise of corporate innovation in the US. Recent announcements bring to light the extent that corporations have abandoned innovation.

The Wall Street Journal Makes a Stand Against Innovation Inflation

medium_5538036046

The Wall Street Journal came out with a article that makes public what innovators have been saying for years; innovations are much more than a product extension or upgrade.

Seven Tips To Purchasing Innovation Management Software So It Doesn’t Become Selfware

Abandoned

Purchasing Innovation Management Software So It Doesn’t Become Shelfware: Innovation management applications are notorious for becoming shelfware; software that a company buys, but nobody uses….don’t let this happen to you.

Adjusting to Incremental Innovation Portfolios: Avoiding the Erosion of Company Profits and Market Position

Increments

As companies prioritize incremental innovations over new products innovation managers need to adjust their innovation portfolio management and adopt new tools

Three Things You Need From Three Categories of Innovation Management Software

lightbulbFinger

As innovation activities in business have increased, so has the number and variety of applications for innovation management.  What types of tools are available and what features do you need.