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Monthly Archives: February 2017
Missing in Innovation Action
I’m pretty sure that the authors of the recent PWC’s report on innovation wanted to paint a nice picture of the current state of corporate innovation. Having served 246 CEO’s from around the world with rather conventional (and, to my … Continue reading
Building your innovation “dream team”
(A longer version of this piece was originally posted to the Qmarkets blog) You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid AI fan, you hardly expect robots replacing humans as innovators any time … Continue reading
Posted in Innovation
Tagged Culture of Innovation, Diversity, Innovation, Innovation Management
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What can crowds do?
Since the publication, in 2004, of James Surowiecki’s highly influential book, “The Wisdom of Crowds,” the idea that large groups of people are smarter than a few individuals, however brilliant, has been gradually gaining prominence in academic circles, business communities … Continue reading
Posted in Crowdsourcing, Innovation, Startups
Tagged Crowdfunding, Crowdraising, CrowdRaising.co, Crowdsourcing, Indiegogo, Innovation, Innovation Management, innovation tools, James Surowiecki, Kickstarter, Open Innovation, open innovation services providers, Open Innovation Tools, Startups, The Wisdom of Crowds
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When many experts are too many
In my earlier posts (here and here), I argued that when facing a complex technical or business problem the majority of organizations have a natural inclination to begin the problem-solving process with engaging experts, either internal (employees) or external (consultants). … Continue reading
Voter Education
Forbes published a list of the most and least educated states in the U.S. (based on the attainment of degrees and the quality of the education). When looking at the specific state names on the list, I felt that I … Continue reading
Crowdsourcing: adding more diversity to your innovation process
I think that today only a very stubborn few would deny a positive role that diversity plays in the marketplace. Studies abound pointing to better performance of companies promoting diversity in their ranks. For example, a 2015 McKinsey report on … Continue reading
Should we blame crowdsourcing for Quirky’s downfall?
In December 2015 issue of Harvard Business Review, Sebastian Fixson and Tucker Marion attempted to figure out what went wrong with Quirky, a collaborative-invention platform that connects creative individuals with consumer product companies. Launched in 2009 and hailed as a … Continue reading