Managing The Innovation Funnel
Download KI_20070325.mp3 To be successful in the innovation game, you must master the process of filling and managing the innovation funnel. The funnel is the mechanism whereby you will have a continuous flow of ideas that will sustain the organization over an extended period of time. As soon
Shock and Awe!!
A week or so ago I started getting emails and IM’s with a link to an Engadget posting from friends, family, readers to this blog and listeners to my podcast. I knew something was up just by the sheer volume of emails with the same identical URL. Much to my surprise when I […]
Measuring Innovation Impact
Download KI_20070318.mp3 Segment 1: Measuring Innovation Impact R&D Spend % across the innovation portfolio (core products, adjacent and new) * Core = average gross margin * Adjacent = some improvement in gross margin (20 – 25%) * New = significant improvement in gross margin (>50%) R&D spend between ‘people’ and ‘programs’
How do you know if your boss gets innovation?
Management Support of Innovation My last posting on “permission based innovation” generated a lot of comments and email …. some challenging me on the fact that management still needs to “get it”. So, how do you know if your management team “gets it” with regards to innovation? Some time ago, I came
Trend Safari – Traveling the world in search of emerging trends
Download KI_20070217.mp3 Over the years, I've used my travel around the world to be an inspiration for new ideas. As I look back, there are a few tricks and processes I've developed to capture and share the results of a trend safari. Segment 1:
Improv Innovation – Using improv comedy tools/tricks to innovate
Download KI_20070128.mp3 In my opinion, improv comedy is the purest form of real-time creativity. The ability to be given a challenge, respond with humor and fun, and to totally entertain the audience is not that different from being tasked to create the next great product or service.
Permission Based Innovation
I was recently presenting to an organization (un-named to protect the innocent) on how to create an innovation culture. During the session, the question was asked “What changes were needed to make the organization more innovative?”. I was awestruck with the string of suggestions, mostly starting w
Making The Innovation Pitch
Download KI_20070114.mp3 Assuming that you have a great idea, the next most important step is to create the pitch so that others will join and support you. You cannot under estimate the importance of a well thought out and delivered innovation pitch if you are to create ideas
Observations from CES
It’s that time of year again to get totally exhausted trying to see everything at CES. This year, there wasn’t much in the way of true innovations being shown or announced at CES (or for that matter, at MacWorld). The hype of the term still continues. When I pushed back on the people staffing differ
Creating White Space Innovations – Using innovation maps to create white space innovations
Download KI_20070101.mp3 Segment 1: White Space Innovations Create an innovation map to find the white space opportunities by mapping this history of your products, markets, industry or customer segments against two dimensions * Vertical dimension: convenience/experience * Horizontal dimension: quality By mapping the history, you will start to see