Tag Archives: Incremental Innovation

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

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

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

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

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

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

The “French perfume” innovation

(This post originally appeared on Medium) I grew up in the Soviet Union and know a thing or two about the shortage of goods. The perennial chasing of hard-to-get stuff had instilled in me and my compatriots one simple habit: … Continue reading

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

A board game

Blaming the CEOs for all real and imaginable transgressions is a common thing these days. I’m not an exception myself: on more than one occasion, I argued that all major problems of the corporate innovation process stem from the lackluster … Continue reading

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

One more time about “innovation terminology”

In a recent HBR article, Scott Kirsner suggests ditching the term “corporate entrepreneur.” Kirsner names a number of reasons why corporate innovation, especially in large firms, is different from true entrepreneurship. One is bureaucratic shackles that restrict the development of … Continue reading

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

Innovation portfolios, innovation toolboxes

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

Posted in Innovation | Tagged , , , , , , , , , , , , , , | 1 Comment

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

Posted in Crowdsourcing | Tagged , , , , , , , , | 1 Comment

Dis-r-r-r-uption!

My previous post has triggered a number of interesting, often negative, comments in various LinkedIn Groups. My opponents criticized my suggestion that the current state of innovation wasn’t as bad (“broken”) as a few recent articles I referred to were … Continue reading

Posted in Innovation | Tagged , , , , , | 6 Comments

Cloudy Vision, Cloudy Execution

  As every high-quality report on innovation, Accenture’s 2015 U.S. Innovation Survey is a mixed bag of news. On the one hand, responses provided by “500 managers and executives with roles in innovation at large U.S. companies” paint a bright … Continue reading

Posted in Innovation, Portfolio Management | Tagged , , , , , , , , , , , , , , | 3 Comments