Monthly Archives: June 2014

The Game of Definitions

There are different opinions on the value of proper definition of terms. Some people consider definitions a prerequisite for any meaningful discussion, and I often agree with them; others view definitions as a barrier to creative thinking, and I often … Continue reading

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The Strength Within

(This post originally appeared on Forward Metrics) Back in 2005, on a trip to Germany, I was having a dinner with a business partner of mine, an innovation manager for a large German chemical company. Chatting about this and that, … Continue reading

Posted in Internal Innovation Networks | Tagged , , , , , , , , , | 4 Comments

Has Crowdsourcing Become A Mainstream Innovation Tool?

(This post originally appeared on Innovation Excellence) Given the level of excitement the concept of Open Innovation has caused in the media in recent years, one would assume that this approach has become a common tool used by organizations to achieve … Continue reading

Posted in Crowdsourcing | Tagged , , , , , , , , , , , , , , , | 4 Comments

The Terminator Effect

(This post originally appeared on Innovation Excellence) I’d like to touch upon a subject that doesn’t come up often in innovation discussions: I’d like to talk about how we kill projects. Everyone would agree that killing projects is a key to … Continue reading

Posted in Portfolio Management | Tagged , , , , , , , , , | 2 Comments

What Can Dancing Teach Us About Innovation?

(This post originally appeared on Innovation Excellence) It’s remarkable how many different things can teach us about innovation: historic figures, such as Thomas Edison; outdoor activities, such as skateboarding; sports events, such as sailing competition The America’s Cup; consumer products, such as iPhone 5s and Spanx. And … Continue reading

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Can Money Buy Innovation?

(This post originally appeared on Innovation Excellence) Even in our money-driven society, the power of money has limits: there are certain things money can’t buy. Love and happiness come to mind first, but a popular list of things that can’t be supposedly bought … Continue reading

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A Multiple Choice Test

(This post originally appeared on Innovation Excellence) Everyone has his or her sense of order. My daughter, for example, arranges her clothes in the alphabetical order of brand names. The growing adoption of open innovation tools in corporate innovation practices has … Continue reading

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On Cash and Praise: How We Reward Innovation

(This post originally appeared on Forward Metrics) A good friend of mine works for a high-tech company in Massachusetts. Recently, the company’s new CEO, an avid fitness buff, has introduced an initiative: every employee who’d spend certain number of hours per … Continue reading

Posted in Rewards and Recognition | Tagged , , , , | 2 Comments

Customer Service

(This post originally appeared on Forward Metrics) A new buzzword is coming into vogue in the media: the consumerization of healthcare. Pundits define this term as a shift in the way the healthcare industry operates: from the traditional B2B mode to … Continue reading

Posted in Health Care | Tagged , , , , , , , , , , , , , | 1 Comment