Category Archives: Innovation

Are ideas plentiful and cheap?

Posted on September 22, 2017 by Eugene Ivanov

  We often hear: ideas are cheap. “Ideas are a dime a dozen. People who implement them are priceless,” claims a 2013 article in Forbes. As a prevailing point of view has it, innovative ideas are plentiful; it’s the idea … Continue reading →

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Balancing startup success and failure: how VC investors can tip the scales

Posted on September 10, 2017 by Eugene Ivanov

Recently, I’ve come across an interesting paper, “Tolerance for Failure and Corporate Innovation,” published in 2011 by Xuan Tian of Indiana University and Tracy Yue Wang of University of Minnesota. Tian and Wang studied the relationship between venture capital (VC) … Continue reading →

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One more time about “culture of innovation”

Posted on July 11, 2017 by Eugene Ivanov

My previous post, “The “culture of innovation:” misnomer, oxymoron, myth or chimera?”, has caused a lively discussion in a number of LinkedIn groups. Approximately half of the commenters were sympathetic to my claim that the very term “culture of innovation” … Continue reading →

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The “culture of innovation”: misnomer, oxymoron, myth or chimera?

Posted on June 28, 2017 by Eugene Ivanov

In the opening piece of the Summer 2017 issue of MIT Sloan Management Review, Paul Michelman writes about diminishing importance of corporate culture in the age of networked enterprises. Obviously, not everyone agrees with Mr. Michelman, and the whole discussion … Continue reading →

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From a Spark to raging fire. (How Liberty Global got its corporate innovation right.)

Posted on June 14, 2017 by Eugene Ivanov

(This post has originally appeared on Edge of Innovation) So many companies struggle with their corporate innovation programs that it’s important to identify and celebrate “success stories,” as there still aren’t many cases of organizations that get corporate innovation right. One … Continue reading →

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Innovating on Facebook

Posted on May 30, 2017 by Eugene Ivanov

Customer feedback represents a rich source of ideas for product innovation. However, the traditional methods of customer feedback collection– surveys, focus groups and ethnography–are labor-intensive and costly, so that only large and resource-rich firms can take full advantage of this … Continue reading →

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Innovation portfolios, innovation toolboxes

Posted on May 11, 2017 by Eugene Ivanov

Proposed by Ralph-Christian Ohr model of integrative innovation management is a set of practical recommendations that allows organizations to adopt a disciplined approach to the innovation process. Central to the model is the idea that organizations must build a balanced … Continue reading →

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Know your customers and trust them too

Posted on May 2, 2017 by Eugene Ivanov

Customer centricity—a framework that places the customer at the center of business operations—is gradually becoming a leading paradigm for new product and services development. Many firms employ a variety of marketing tools, including ethnography and netnography, to identify unmet customer … Continue reading →

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Missing in Innovation Action

Posted on February 28, 2017 by Eugene Ivanov

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 →

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Building your innovation “dream team”

Posted on February 25, 2017 by Eugene Ivanov

(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 →

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