Blog
Process Innovation – Including the Innovation Process
Process innovation is the implementation of new or significantly improved processes to achieve tangible outcomes. There are two types of processes: operational and managerial. Operational processes seek to improve efficiency through streamlining activities and eliminating production waste. Managerial processes strive to enhance the effectiveness of a process by improving coordination
Chunka Mui on Innovating a Perfect Future
Chunka Mui is passionate about changing the world by thinking through future problems. He loves to ponder what is possible in the future, given the exponential growth we are experiencing now. As innovators, we forget to consider our innovations' unintended consequences. Chunka says innovators also don't think
Should You Outsource Your Innovation Process?
Outsourcing your innovation process is an exciting way to increase innovation competitiveness. Utilizing organizations like an innovation agency can allow firms to focus on other business areas. The results are increased efficiency, improved quality, faster innovation implementation, reduced innovation risk, and increased flexibility. Outsourcing innovation can be a powerful tool
Innovating with Design Thinking
Design plays a vital role in our lives and is ever-evolving. In the past, it meant designing or planning something. In the early 1800s, the term was synonymous with art, and in the late 1900s, it referred to creating products or services. Over time, design has gone from being a
Continue Innovating During An Economic Downturn?
The current economic downturn may have you feeling like you need to hunker down and wait it out. Especially in innovating during an economic downturn. This is understandable—no one wants to risk their hard-earned money in uncertain times. But this is actually the optimal time to take innovation lead
The Science of Creativity
The science of creativity has many theories and ideas that seek to explain it. New approaches and models are constantly emerging, which provide some insight but are not exhaustive. One theory suggests that creativity combines cognitive processes, including knowledge, imagination, etc. However, proof shows that experts and those with fresh
Pushing Back on The Chronic Innovation Critics
Chronic innovation critics are people and processes that kill new ideas before they can thrive. They prevent you from trying new things and learning from failures. The criticisms may result in your organization getting stuck in its current state. Innovation critics love to point out why an idea will fail.
Are Innovations Invented or Discovered?
Are innovations invented or discovered? We have debated this question for many years. Some people believe innovations are inventions, while others believe they are discoveries. With people’s growing curiosity to understand how to be more creative, more innovative, there is a strong desire to learn t
Innovation Arms Race: The Invisible Risk
The innovation arms race is the race to be the most innovative company in the world. It’s a competition where the prize is market share, customers, and profits. And the cost of entry is high. This is a competition where there is no finish line. To compete, companies must invest heavily in R&D. But n
How to Use Innovation Storytelling
Innovation storytelling helps capture people’s attention and connect with them on an emotional level. This connection allows you to get your message across in a way that is both memorable and meaningful, leading to lasting change. Storytelling can help build an innovation culture in an organization, inspiring people to
