Category Archives: Innovation

Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

(A version of this article was originally posted to the Qmarkets blog) The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change the ways they do business. Almost every business operation has been affected: from the … Continue reading

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What Will Crowdsourcing Look Like in 10 Years?

(This piece was originally posted to the HeroX blog) There is a popular joke (attributed to Niels Bohr): “It is difficult to make predictions, especially about the future.” And at times of uncertainty that we’re all living through, predicting the future … Continue reading

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Innovation in Legacy Companies: Can You Be Big and Nimble at the Same Time?

(This piece was originally posted to the HeroX blog) Complaints that large legacy companies can’t innovate abound. Some folks go as far as to say that corporate innovation “is broken.” This is, perhaps, an exaggeration. Large companies are still quite good … Continue reading

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Crowdsourcing: Going Above and Beyond Consumer Products

(This piece was originally posted to the HeroX blog) In the past few years, crowdsourcing has finally come of age as a powerful open innovation tool allowing organizations – including corporations, government agencies, and non-profits – to use external crowds to … Continue reading

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What Is Holding Your Business Back from Becoming the Next Big Thing?

(This piece was originally posted to the HeroX blog)  As a famous line (wrongfully attributed to Charles Darvin) reads: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is … Continue reading

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Five Barriers to Adopting Open Innovation and How to Overcome Them

(This piece was originally posted to the HeroX blog) A friend of mine, an innovation consultant, likes to joke: “Innovation is simple…but not easy.” The same can be said about open innovation. Henry Chesbrough, who introduced the concept of open innovation … Continue reading

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The Role of Diversity in Innovation

(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading

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What Can Dancing Teach Us About Innovation?

Many organizations treat corporate innovation as a child: unpredictable, capricious, and difficult to control. And as it often happens to us adults, we feel an irresistible urge to pontificate, to teach the child a lesson. I’m amazed at the popularity … Continue reading

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Innovating With Competitors

(This piece was originally posted to the HeroX blog) With the waves of disruption rocking every corner of the global economy – dethroning powerful incumbents while skyrocketing to fame brazen startups – innovation isn’t a luxury anymore. It’s a means of … Continue reading

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Innovation’s “Uncharted Waters”

(This piece was originally posted to the HeroX blog) A few years ago, Wazoku, a UK idea management software company, sponsored an innovation survey. The results of the survey are a cause of concern for anyone interested in corporate innovation.  Full … Continue reading

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