Category Archives: Innovation

The questions we ask

In my previous post, I argued that the proper definition of a problem is the most important part of any innovation initiative, in particular, crowdsourcing campaign. Inspired by the Pareto Principle, I call it the 80:20 rule of crowdsourcing: 80% … Continue reading

Posted in Crowdsourcing, Innovation | Tagged , , , , | Leave a comment

How to win a war

What do you need to win a war? A few things. First, you need an army equipped with superior weapons and instilled with high spirits. Second, you need a vibrant economy capable of sustaining the hardship of continued military operations. … Continue reading

Posted in Crowdsourcing, Innovation | Tagged , , , , , , , | Leave a comment

A stranger in the room

Better decisions come from teams that include a “socially distinct newcomer” (Kellogg School of Management News, 2009) What role do external consultants play in shaping corporate innovation? Steve Blank, one of the greatest innovation thinkers of our times, seems to discount … Continue reading

Posted in Global Innovation, Innovation | Tagged , , , , | Leave a comment

Traveling unchartered innovation waters with Innovation Charter

(An earlier version of this piece was posted last year to the HeroX blog) A few years ago, I came across an innovation survey, sponsored by Wazoku. Its results shocked me.  Full 85% of respondents to the survey–board members, senior and middle … Continue reading

Posted in Innovation | Tagged , , , , , | Leave a comment

Internal innovation: overcoming the dangers of remote work

Pessimists are said to be the happiest people on earth, for they celebrate when their own predictions don’t come true. There was a shock wave of panic last spring when, due to the COVID-19 pandemic, firms around the globe had … Continue reading

Posted in Crowdsourcing, Innovation, Internal Innovation Networks | Tagged , , , , , , | Leave a comment

Yes, size matters. It’s just not that the bigger is always the better

Among many of Jeff Bezos’s wisdoms, his two-pizza rule is one of the most famous. It states that every internal team should be small enough that it can be fed with two pizzas–to make meetings more effective and the teams … Continue reading

Posted in Creativity, Innovation | Tagged , , , , | Leave a comment

A few words about innovation and leadership

I remember reading, a few years ago, a report with inspiring title “Unleashing the power of innovation.” To get a sense of what’s going on with innovation around the world, the authors of the report approached 246 CEOs and served … Continue reading

Posted in Innovation | Tagged , , | Leave a comment

Investing in R&D spending

Innovation is rapidly becoming the key factor defining America’s economic growth, prosperity, and competitiveness on the world stage. It also has a profound effect on national security, as highlighted in a 2019 report composed by the Council on Foreign Relations … Continue reading

Posted in Global Innovation, Innovation | Tagged , , , , , , , , , , | Leave a comment

The quotes we choose

Long time ago, a boy growing up in Russia, I came across a quote by President John F. Kennedy. It impressed me so much that I wrote it down and learned by heart. Many years later, already in the United … Continue reading

Posted in Global Innovation, Innovation | Tagged , , , , | Leave a comment

3 best innovation team formulas (and when to ignore them)

This article first appeared on Qmarkets blog in 2017 and is reproduced here with some modifications. You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of AI, you hardly expect robots … Continue reading

Posted in Creativity, Innovation, Rewards and Recognition | Tagged , , , , | Leave a comment