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Accelerating Corporate Innovation

Corporate discussions around innovation often come in two parts. “We need to develop innovative products to beat competition,” followed by “true innovation is so costly and difficult to achieve.’  Is...

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The ten commandments of germinating innovation

Increasing innovation is now the mantra of many executives as they seek to address key developments like sustainability and regulatory change or boost performance in areas like cost reduction or...

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Making Open Innovation work: the case of 3M

Open Innovation is a proven paradigm for generating higher levels of innovation in products, processes and capabilities.  As opposed to the “closed” nature of many company’s R&D efforts, OI looks...

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Drive innovation by unlocking middle management

For many companies across a variety of industries, the rate of product innovation is a major driver of competitiveness and shareholder value.  When high levels of R&D spending and new innovation...

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Fix your culture to drive innovation

My most frequently asked client question in 2011 was around innovation.  Senior managers wanted to know: “What is the best way to foster innovation in my organization.” This came as no surprise....

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The best innovation strategy

It’s one thing for a company to prioritize innovation. It’s quite another to reap the rewards over the long run.  The hard reality is that most product innovations will fail the market test.  Our...

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Four secrets of innovation success

Before Silicon Valley, there was Bell Labs the R&D organization of the former telephone monopoly, AT&T.  For much of the 20th century, New York/New Jersey-based Bell Labs led the world in...

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Opening up innovation

Hundreds of companies are pursuing open innovation strategies (OI) to kick start creativity and crack difficult R&D problems.  OI is a relatively new approach to fostering innovation.  Instead of...

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Innovation from left field

Most companies are on the hunt for breakthrough ideas and technologies that will enable them to leapfrog competition. Increasingly, the big innovations are found outside of their existing products’ or...

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Being a frugal innovator

Apple and Google recently created a buzz as they launched their latest phones with all sorts of new features. Improved cameras, fingerprint sensors and gizmos to save battery life were among the...

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