Tag Archives: Innovation Management

On Henry Ford, Toyota and Faster Horses

A consensus seems to have emerged that customer feedback, gathered through market research, is a key to successful innovation. And yet, dissenting votes can still be heard. Some folks claim that paying too much attention to customers can stifle innovation, degrade … Continue reading

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Have too many ideas? Blame your CEO!

In an elegant piece in Harvard Business Review, Whitney Johnson points to a problem that many innovative companies face: an excess of good ideas. Obviously, only a fraction of them can be pursued. But what are we going to do … Continue reading

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Three Reasons for your Company to Write an Innovation Charter

 This piece was originally posted to the Qmarkets blog A lack of executive leadership is one of the most commonly mentioned reasons for the failure of innovation. This leadership vacuum usually comes in two flavors. The company’s CEO loudly declares “Let’s … Continue reading

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Is Religion an Obstacle to Innovation?

In a recent piece, The Economist touched upon an interesting topic: the link between religion and innovation. The piece refers to a study, “Forbidden Fruits: The Political Economy of Science, Religion, and Growth,” published by America’s National Bureau of Economic Research, … Continue reading

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The Myth of “Unstructured” Innovation

I’m grateful to everyone who commented on my post, Does Innovation Need “Structure”? Many agreed with my assertion that adopting a formalized process (“structure”) provides innovation with direction and helps create what is commonly known as culture of innovation. Yet, … Continue reading

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Connecting bright ideas

IdeaConnection, an open innovation service provider, and Brightidea, a designer of on-demand innovation management software, announced that they had formed a technology and services partnership. An April 29 news release explained that customers of Brightidea will now be able to … Continue reading

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Crowdsourcing data analysis–and everything else

A few weeks ago, I wrote about a troubling finding questioning the objectivity of the traditional market research. A team of scientists from Imperial College London conducted a study on how marketing managers choose products and services. The study showed … Continue reading

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Once again, can money buy innovation?

The question whether companies should incentivize innovation remains one of the most controversial topics in the innovation management field. Some people argue that innovation does not need to be motivated because it’s based on creativity, and creativity feeds on intrinsic … Continue reading

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Don’t blame crowdsourcing for your own faults

There is a Russian saying: to break into the open door. It describes a situation when someone is trying to solve a problem that simply doesn’t exist. I’m always reminded of this saying when I hear complaints that crowdsourcing isn’t … Continue reading

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Is Facebook At Work a threat to innovation management software?

Last week, Facebook released a private beta version of Facebook At Work, a new enterprise collaboration suite allowing organizations create their own social networks. FB@Work will feature a News Feed of “what’s new and relevant at your company,” extended user … Continue reading

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