10 Ways to Select Ideas
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Most organisations have more than enough ideas, but many struggle to choose the best ideas to pursue. Here are ten methods you can use to improve your idea selection.
Category Archives: innovation strategy
Why You Need to Innovate in Tough Times
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It’s natural to try to cut back in tough economic times, and consequently, organisations often cut innovation. This is a mistake. The best results coming out of recessions happen when firms balance short-term and long-term oriented innovation.
20 Things Good Managers Know About Innovation
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There’s No Substitute for Doing the Work
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People are often looking for a quick way to become more innovative. The problem is that there are no quick fixes. Overcoming the obstacles to innovation is one good way of knowing that you’re on the right track, but it takes time.
Three Obstacles to Innovation Diffusion
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People often think that having a great idea is the hard part of innovating. Most of the time, this isn’t the problem. Getting the new idea to spread is.
Innovation Happens in the Gaps
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Organisations that are just starting out at innovating often go out and immediately buy expensive tools. This is a mistake – they don’t know enough to innovate effectively yet. Here are some thoughts about how to work around that problem.
Innovation for Growth
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Why all this talk about innovation? I get that question a lot. The reason that I think innovation is important is that it is the driver for growth. Consequently, we’re changing the name of the blog to Innovation for Growth. Here are some of the reasons that I think it’s important to link innovation with […]
There Must Be Forty Ways to Innovate
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Here’s a list of forty different ways that we can innovate. When we start to combine them, we can come with thousands of potential ways to structure our innovation process. Innovating the way we innovate is a huge opportunity.
Innovation Big & Small
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Can big organisations innovate? Of course they can. This is actually an uninteresting question. It’s more valuable to figure out how to best innovate given your circumstances – whether you’re big or small.
Are You Ready for the #SocialEra?
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What are the implications of the new ways that technology allows people to connect and interact? Nilofer Merchant explores this in her book 11 Rules for Creating Value in the #SocialEra – it’s a good book with some important lessons.
Why the Future of Innovation is Open
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As outlined in my previous post, sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new […]
Don’t Be an Innovation Gnome!
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There is often a gap between what we do daily and our long-term objectives. This gap can kill strategy, and it can kill innovation. We apply some lessons from South Park to figure out how to successfully bridge this gap.