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Tag Archives: Innovation Management
A map of open innovation tools
Open Innovation (OI) has made tremendous progress, both in theory and practice, since its major principles were articulated by Henry Chesbrough in a seminal 2003 book. Today, much better than in 2003, we understand OI’s value proposition, its governance and … Continue reading
A house with a roof but no walls
Back in 2005 or 2006, I was on a business trip in Germany. One night, I was having dinner with a business partner of mine, an innovation manager at a large German chemical company. We chatted about this and that, … Continue reading
The last mile of the marathon
A few years ago, my daughter ran her first marathon. She then decided to take a short break from running: first, to get a well-deserved rest for her body, and second, to take care of business left neglected due to … Continue reading
Posted in Innovation
Tagged Innovation, Innovation Management, marathon, Portfolio Management, SMART
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A stranger in the room
Better decisions come from teams that include a “socially distinct newcomer” (Kellogg School of Management News, 2009) What role do external consultants play in shaping corporate innovation? Steve Blank, one of the greatest innovation thinkers of our times, seems to discount … Continue reading
Traveling unchartered innovation waters with Innovation Charter
(An earlier version of this piece was posted last year to the HeroX blog) A few years ago, I came across an innovation survey, sponsored by Wazoku. Its results shocked me. Full 85% of respondents to the survey–board members, senior and middle … Continue reading
Posted in Innovation
Tagged CEO, Culture of Innovation, Innovation, Innovation Charter, Innovation Management, innovation tools
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Yes, size matters. It’s just not that the bigger is always the better
Among many of Jeff Bezos’s wisdoms, his two-pizza rule is one of the most famous. It states that every internal team should be small enough that it can be fed with two pizzas–to make meetings more effective and the teams … Continue reading
Posted in Creativity, Innovation
Tagged citation index, Innovation, Innovation Management, Jeff Bezos, STEM
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3 best innovation team formulas (and when to ignore them)
This article first appeared on Qmarkets blog in 2017 and is reproduced here with some modifications. You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of AI, you hardly expect robots … Continue reading
Posted in Creativity, Innovation, Rewards and Recognition
Tagged AI, Google Glass, Innovation Management, Innovation Teams, Qmarkets
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Ideas are a dime a dozen. Are they really?
Any seasoned innovation practitioner would tell you that idea generation is the most straightforward part of the innovation process. Generating ideas is easy, the thinking goes; it is at the stage of testing these ideas and deciding which one to … Continue reading
Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work
(A version of this article was originally posted to the Qmarkets blog) The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change the ways they do business. Almost every business operation has been affected: from the … Continue reading
What Will Crowdsourcing Look Like in 10 Years?
(This piece was originally posted to the HeroX blog) There is a popular joke (attributed to Niels Bohr): “It is difficult to make predictions, especially about the future.” And at times of uncertainty that we’re all living through, predicting the future … Continue reading