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"Innovation"
50 Ways to Foster a Culture of Innovation (Part 2)
Last week’s post looked at the first 25 ways to foster a culture of innovation. This post lists the concluding 25.
26. Don’t focus on growth. Growth is a product of successful innovation. Focus on the process of becoming adept at taking ideas from the generation stage [...]
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50 Ways to Foster a Culture of Innovation (Part 1)
As your organization continues rebounding from the financial meltdown, here are 50 ways to ensure that it becomes increasingly conducive to ongoing innovation. Commit to a few of these today and make some magic. Your next step?
1. Remember that innovation requires no fixed rules or templates [...]
Continue Reading → Gadget Show Live, 2012
This post is a departure from my usual business-orientated, technical posts. Apologies if this disappoints, but I thought that as I attended the Gadget Show Live last week at the NEC with my son, that I would look at the results of innovation rather than purely the theoretical aspects.
2 years ago when [...]
Continue Reading → What are the Four Innovation Drivers?
It must be agreed that few markets are stable and unchanging, resulting in the need for new and revised products, services and processes. So, what creates the need for innovation? This post identifies the four innovation drivers as shown below.
Technological Advances
There are numerous examples of new technologies having a major [...]
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Why are market segments important to innovation and strategy?
Introduction
Anyone involved in marketing will understand how important market segments are in marketing terms, but it may be less obvious why they are important in an innovation or strategic context. This post aims to review market segments, and then briefly comment as to why they are important [...]
Continue Reading → What are the key aspects of innovation management?
Introduction
The Economist recently noted that innovation management is no longer an art, but is ‘becoming a practical science’. So, to get ahead, managers need to quickly develop the range of skills they need to be able to manage innovation effectively. Innovation is a capability to be developed and [...]
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What is the Strategy Clock?
Introduction
The strategy clock is one of the less well-known strategy tools and is based on the principle that organisations achieve competitive advantage by providing their customers with what they want, or need, better or more effectively than their competitors. The strategy clock adopts the assumption that customers will accept any offering [...]
Continue Reading → Using the Cultural Web in an Innovation Context
My previous two posts have introduced the cultural web, and how it can be used to analyse corporate culture and looked at different questions which can be asked when applying the web. This post takes the discussion of the web a stage further and considers how it can [...]
Continue Reading → What is the Cultural Web?
In business, we are constantly talking and thinking about the culture of the organisation. This post looks at what we mean by ‘culture’ and particularly, how it can be analysed and understood by reference to the cultural web.
Organisational Culture
Schein defines organisational culture as the ‘basic assumptions and beliefs that are shared [...]
Continue Reading → Staff Creativity – and Your Response
Good innovative ideas are hard to find and all too often those who come up with ideas are put off by the response of their line manager. This post looks at the language used which can kill creativity in staff, and also outlines some comments which are more encouraging. Think [...]
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