Tag Archives: innovation tools

The “culture of innovation”: a misnomer or oxymoron?

Posted on October 21, 2023 by Eugene Ivanov

This image was created by Tatiana Ivanov This piece has been originally posted on Medium. I’m amazed at our near obsession with the so-called culture of innovation, a topic whose popularity in business literature and social media can only match the … Continue reading →

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Opening open innovation toolbox

Posted on November 19, 2021 by Eugene Ivanov

Proposed by Ralph-Christian Ohr model of integrative innovation management is a set of practical recommendations helping firms adopt a disciplined approach to innovation. Central to the model is the idea that firms must build a balanced portfolio composed of both exploitation and … Continue reading →

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A map of open innovation tools

Posted on November 7, 2021 by Eugene Ivanov

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 →

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Traveling unchartered innovation waters with Innovation Charter

Posted on September 23, 2021 by Eugene Ivanov

(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 →

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Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Posted on September 23, 2020 by Eugene Ivanov

(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 →

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What Will Crowdsourcing Look Like in 10 Years?

Posted on September 18, 2020 by Eugene Ivanov

(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 →

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Crowdsourcing: Going Above and Beyond Consumer Products

Posted on September 3, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) In the past few years, crowdsourcing has finally come of age as a powerful open innovation tool allowing organizations – including corporations, government agencies, and non-profits – to use external crowds to … Continue reading →

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Five Barriers to Adopting Open Innovation and How to Overcome Them

Posted on August 23, 2020 by Eugene Ivanov

(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 →

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The Role of Diversity in Innovation

Posted on August 13, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) Can labor laws affect innovation? To many people, this question may sound nonsensical. Why would such a boring thing like labor law have anything to do with an exciting act of creating … Continue reading →

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Innovation’s “Uncharted Waters”

Posted on July 20, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) A few years ago, Wazoku, a UK idea management software company, sponsored an innovation survey. The results of the survey are a cause of concern for anyone interested in corporate innovation.  Full … Continue reading →

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