Tag Archives: Innovation Management

Investing in culture of innovation

Posted on December 9, 2015 by Eugene Ivanov

Everyone would agree that the rational risk-taking–and acceptance of failure as a likely outcome of any exploratory project–represents one of the most crucial components of the bona fide culture of innovation. What is missing in our endless talks about establishing … Continue reading →

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The beauty of crowdsourcing

Posted on December 3, 2015 by Eugene Ivanov

Last week, I spoke with Paul Arnold, a seasoned business writer and BBC alumnus. The topic of our conversation was crowdsourcing: how companies use it and why they’re often disappointed with the results of their crowdsourcing campaigns. The full text … Continue reading →

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Want the correct answer (and perhaps to be a millionaire too)?

Posted on November 9, 2015 by Eugene Ivanov

Over the past few months, I’ve been preaching the virtues of crowdsourcing to young entrepreneurs and startup (co)-founders. Perhaps, I’m not a good preacher, but very often, my message is being met with a visible skepticism. Why would I approach … Continue reading →

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Are We Faking Innovation?

Posted on October 30, 2015 by Eugene Ivanov

Let me begin with a couple of quotes. “Innovation is like teenage sex; everyone talks about it, nobody really knows how to do it, everyone thinks everyone else is doing it, so everyone claims they are doing it!” (Cris Beswick, Founder … Continue reading →

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Can we make crowdsourcing available to small companies?

Posted on October 23, 2015 by Eugene Ivanov

Crowdsourcing is a powerful open innovation tool allowing organizations to tap on the collective wisdom of their own employees (internal crowdsourcing) or pools of external talent around the world (external crowdsourcing). Internal crowdsourcing (usually managed through Internal Innovation Networks) can be … Continue reading →

Posted in Crowdsourcing, Innovation, Internal Innovation Networks, Startups | Tagged , , , , , , , , , , , , , , | 1 Comment

Can the Wisdom of Crowds Help Solve the Refugee Crisis in Europe?

Posted on October 10, 2015 by Eugene Ivanov

(A longer version of this piece originally appeared on the Qmarkets blog) The refugee crisis that keeps tormenting Europe, as serious as it is, has two additional troubling features. First, despite the fact that the humanitarian situation in the Middle … Continue reading →

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Internal Innovation Networks as a Basis for Corporate Intrapreneurship

Posted on September 29, 2015 by Eugene Ivanov

(This post first appeared on the Front End of Innovation Blog) Intrapreneurship is a relatively new concept developed to help large companies create new businesses, a process often called transformational (or disruptive) innovation. Intrapreneurship aims at instilling the spirit of entrepreneurship–usually … Continue reading →

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Ambidexterity vs. Ecosystems: In Search for Sustainable Model of Intrapreneurship

Posted on September 21, 2015 by Eugene Ivanov

(This post first appeared on the Front End of Innovation Blog) Innovation has climbed to the top of the corporate agenda in many large organizations, but its practical impact on the corporate performance has often been disappointing. Some would go as … Continue reading →

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3 Ways to Improve the Efficiency of the “Idea Generation” Process

Posted on August 20, 2015 by Eugene Ivanov

In my previous post, I compared the efficiency of two approaches to corporate innovation: “bottom-up” and “top-down.” The former approach relies on ideas that are first generated by a company’s employees and then channeled up to the company’s senior management. … Continue reading →

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What Do Numbers Say About Different Models of Innovation?

Posted on August 6, 2015 by Eugene Ivanov

I’m not a fan of the “idea generation” model of innovation. This approach, which I call “bottom-up,” puts the focus of innovation on ideas that are generated by employees on the ground and then channeled upwards to senior management. I … Continue reading →

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