Innovation in the News

How many arrows are in your innovation quiver?

The Complete Innovator (March 17, 2010) - While you should strive to make innovation a repeatable, sustainable process, that doesn't mean it should be executed like an automaton. Variety is important. Here's why.

[permalink]

Only 21% of SMEs succesfully apply innovation management tools: survey

ChannelNewsAsia (March 17, 2010) - A study has found that most small- and medium-sized enterprises (SMEs) here do not effectively innovate to create value for themselves and their stakeholders. A survey by branding consultant StrategiCom showed that only 21 per cent of SMEs successfully apply innovation management tools. This is despite 91 per cent of the SMEs having an understanding of the concept of innovation.

[permalink]

3 Horizons of Growth: How to Plan your Innovation Pipeline

Seattle Post-Intelligencer (March 17, 2010) - The 3 Horizons of Growth provides an excellent mold to formulate an organization's product and service portfolio strategy. The framework allows for evaluating the health of a product and service strategy pipeline and for setting up the alignment of short, medium, and long term innovation plans of an organization. This can be a helpful diagnostic tool as well as an outline for a strategic plan.

[permalink]

Stefan Lindegaard announces new book on open innovation

15inno.com (March 16, 2010) - Open innovation expert Stefan Lindegaard has announced a new book that will be available in May, 2010: The Open Innovation Revolution. The book looks closely at open innovation and the essential elements that must be in place in order for innovation leaders and intrapreneurs to develop and thrive.

[permalink]

Lego goes vertical toward open innovation

15inno.com (March 12, 2010) - At Lego, vertical integration with a strong focus on customers now gets credit for being one of the main reasons for their huge success in these years, according to Stefan Lindegaard.

[permalink]

Project Management for Innovation Professionals

Think for a Change (March 11, 2010) - Imagine that you and your organization have solicited ideas, from both inside and outside of your organization, and in direct response to a well-researched business or customer problem. You've used your carefully crafted idea filtering and selection criteria to select the best few ideas for consideration. You've taken those selected ideas and developed a prototype or two and maybe run them by a couple of customer-based research groups. Now you're ready to launch a project to realize one of the ideas. What questions do you, a stakeholder in the success of the project, ask? How do you define what needs to be done? How do you decide on how much money and time you need to get it done? Where do you start?

[permalink]

Differences and similarities in open innovation for small and large companies

15inno.com (March 11, 2010) - Small and medium-sized enterprises often have to approach open innovation differently. Here are some key reasons why.

[permalink]

Accountability: The rudder of innovation in a changing market

Huffington Post (March 10, 2010) - As companies and organizations pursue innovation to transform themselves from what they currently are or offer, to what they want to become or provide the marketplace, accountability is the rudder that steers pursuits and prevents a wandering, directionless ship, according to author Robert Brands.

[permalink]

Brilliant Thinkers Relish Ambiguity

Stepcase Lifehack (March 3, 2010) - Brilliant thinkers are very comfortable with ambiguity. In fact, they welcome it. Routine thinkers like clarity and simplicity; they dislike ambiguity. He or she knows that complex issues usually involve many causes and these may need many different and even conflicting solutions.

[permalink]

Don't worry about people stealing your ideas, counsels Mitch Joel

Twist Image Blog (March 14, 2010) - Ideas are a dime a dozen these days. Anyone can grab them, adapt them and tweak them. This must make the value of all of this creativity circle down to zero? Absolutely not. In fact, in this day and age, because of the sheer blunt trauma of content publishing, it's the really great ideas (and the people who present them) that rise to the top.

[permalink]

Sign up today for INNOVATIONweek, a once-a-week e-newsletter that is an executive summary of the latest innovation-related news, trends and resources. Subscribers love its brevity and focus, and tell us it's a unique and very valuable resource!