Tag Archives: Innovation Management

On Steve Jobs, Henry Ford, and Fast Horses

A solid consensus seems to exist that customer feedback, gathered through market research, is a key to successful innovation. And yet, I’m surprised how often one can hear dissenting voices. Some folks, especially not engaged in day-to-day innovation activities, claim … Continue reading

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The Words We Choose

In a recent HBR article “Stop Calling It Innovation,” Nadya Zhexembayeva suggests ditching the term “innovation.” Her point? Employees hate innovation. Rightly or wrongly, they associate innovation with undue risk, extra work without reward, and even job loss. As a … Continue reading

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United We Innovate

As I wrote on numerous occasions, in recent years crowdsourcing has become a popular topic in academic circles, business publications, and social media. Yet, its acceptance as a practical problem-solving tool has been relatively slow. There are a few reasons … Continue reading

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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

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Don’t blame crowdsourcing for “bad ideas”

As I mentioned a couple of years ago, I try to follow what academic researchers write about crowdsourcing. As a crowdsourcing practitioner, I welcome the clarity, holistic approach, and intellectual vigor academic research brings to the table. On occasion, however, … Continue reading

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Being an expert: traveling the same road again and again

There are several reasons for the slow adoption of crowdsourcing as a practical problem-solving tool. One of them is the lack of trust in the intellectual power of the crowd, its ability to tackle complex problems. Almost everyone would agree … Continue reading

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“Fail often” but not too often

“Failing fast and often” has become an innovation mantra. Of course, not everyone takes this wisdom at face value. Even more tellingly, no one has taken the trouble to explain what “fast” and “often” precisely mean when applied to failure. … Continue reading

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