Tag Archives: Innovation

Ideas are a dime a dozen. Are they really?

Posted on October 16, 2020 by Eugene Ivanov

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 →

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Why I Don’t Like the Term “Innovator’s DNA”

Posted on October 8, 2020 by Eugene Ivanov

“And just as each person’s physical DNA is unique, each individual we studied had a unique innovator’s DNA for generating breakthrough business ideas.” This is a line from the influential HBR article written by Jeffrey Dyer, Hal Gregersen, and the … 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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Innovation in Legacy Companies: Can You Be Big and Nimble at the Same Time?

Posted on September 11, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) Complaints that large legacy companies can’t innovate abound. Some folks go as far as to say that corporate innovation “is broken.” This is, perhaps, an exaggeration. Large companies are still quite good … Continue reading →

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Want a Big Idea? Take a Shower and Sit Under the Apple Tree

Posted on September 7, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) I’m really amused by how many people claim that their best creative ideas come to them in the shower. What is so special about the shower being a cradle of creative ideas? … 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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What Is Holding Your Business Back from Becoming the Next Big Thing?

Posted on August 29, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog)  As a famous line (wrongfully attributed to Charles Darvin) reads: “It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is … 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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Does the Term “Closed Innovation” Still Have Meaning?

Posted on August 19, 2020 by Eugene Ivanov

(This piece was originally posted to the HeroX blog) Remember the famed Bell Labs, once a powerful R&D center for the telecommunication equipment company Lucent Technologies (acquired by Nokia in 2016)? Bell Labs’ researchers are credited with the development of radio … Continue reading →

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