726 Posts Found

The creator is an individual who manages a most formidable challenge: to wed the most advanced understandings achieved in a domain with the kinds of problems, questions, issues, and sensibilities that most characterized his or her life as a wonder-filled child.

Content: Quotation | Source: strategy+business | Subjects: Creativity, Innovation

In today’s business environment, innovation seems to be the one thing that nobody can get enough of. Nevertheless, is there really an automatic link between technological innovation and increased profitability? And if not, do we know what factors determine when technological innovation will be translated into money in the bank? In their working paper, “What Do We Really Know about When Technological Innovation Improves Performance … [ Read more ]

Content: Article | Authors: Joan Enric Ricart, Tunji Adegbesan | Source: IESE Insight | Subject: Innovation

Numerous people have studied the process that creative people go through to develop their ideas. Most of these students of creativity agree that ideas come from a subconscious process that takes two relatively unassociated thoughts and combines them together to produce a new thought-a new idea.

Content: Quotation | Source: MarketingProfs | Subjects: Creativity, Innovation

Innovation can be measured in many different ways, but the surest indicator of success is cash payback to your company’s bottomline. There are 4 “S factors” to getting the job done right: startup costs, speed to market, scale to volume, and support costs.

Content: Article | Author: James P. Andrew | Source: Optimize Magazine | Subject: Innovation

Most innovation comes from being able to ask the right questions.

Content: Quotation | Source: Harvard Business Review | Subject: Innovation

The person who consistently seeks to do what is “right” – not just expedient – will invariably be inspired with new ideas and useful insights.

Content: Quotation | Source: Quest for Prosperity: The Life of a Japanese Industrialist | Subjects: Ethics, Innovation

Because of patent law, which exists to protect intellectual capital, we often think the value of an idea lies in its creation. Yet the value of an idea lies in the audience, not its source, and one idea can be ‘created’ many, many times. Creativity exists in a chain: an idea comes from this group and goes to that group, and that group then carries … [ Read more ]

Content: Quotation | Source: Rotman Magazine | Subjects: Creativity, Intellectual Property

Conversational design challenges leaders in ways that formulaic and visionary design do not. Business cultures that center on hierarchy, expediency, and authoritarian leadership get in the way of good conversations. We all know about opportunities that exist in the white spaces between divisions, regions, and functions of every company; what we do not know is how to tap these opportunities. Recognizing the role of conversations … [ Read more ]

Content: Quotation | Source: Rotman Magazine | Subjects: Innovation, Leadership

The more refined and specialized tasks become, the harder and more expensive it becomes to integrate them – especially in an innovation-driven economy. At some point, the costs of integration may exceed the value of such super-specialization. Narrowly-focused specialists may be good at incremental innovation, but breakthrough innovation is most often the product of temporary teams whose members cross disciplinary boundaries.

Content: Quotation | Source: Rotman Magazine | Subjects: Economics, Innovation

Innovation thought leader Elaine Dundon offers a “how-to” prescription for building creative and strategic innovation skills at all levels of an organization (rather than focusing on decision-making levels only) – and explains how to produce measurable results that translate directly to the bottom line.

Using field-tested concepts and practical examples, and featuring easy-to-apply processes and concrete thinking tools, this straight-talking book provides a broadly applicable guide … [ Read more ]

Content: Book | Author: Elaine Dundon | Subject: Innovation

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Streamlining processes frees up resources for competitive differentiation.

Content: Article | Author: Geoffrey A. Moore | Source: Optimize Magazine | Subject: Innovation

All companies, from major multinationals to start-ups, face a common challenge: how to keep growing. These firms find it difficult to sustain growth because they become risk averse, opting for safer incremental product and service improvements instead of more rewarding, but riskier, major initiatives, according to a study by Wharton marketing professor George S. Day. Companies, Day says, need to better understand the risks inherent … [ Read more ]

Content: Article | Author: George S. Day | Source: Knowledge@Wharton | Subject: Innovation

There are two qualities that usually determine a creative person’s potential…curiosity and determination. The curious learn, grow, and develop potential. The determined have the resolve to overcome the obstacles they encounter on their way to fulfilling their potential.

Content: Quotation | Source: ChangeThis | Subjects: Creativity, Success / Failure

You’ve got a brainstorm. It’s bold, it’s brilliant-and it might even make you rich. Learn how the pros transform great insights into big career breakthroughs.

Content: Article | Author: Geoffrey James | Source: BNET | Subjects: Career, Innovation

The great enemy of creativity is fear. When we’re fearful, we freeze up. Creativity has a lot to do with a willingness to take risks.

Content: Quotation | Source: Fast Company | Subject: Creativity

When it comes to innovation, the question is not how to innovate but how to invite ideas. How do you invite your brain to encounter thoughts that you might not otherwise encounter? Creative people let their minds wander, and they mix ideas freely. Innovation often comes from unexpected juxtapositions, from connecting subjects that aren’t necessarily related.

Content: Quotation | Source: Fast Company | Subject: Innovation

People often take the view that standardization is the enemy of creativity. But I think that standards help make creativity possible — by allowing for the establishment of an infrastructure, which then leads to enormous entrepreneurialism, creativity, and competitiveness.

Content: Quotation | Source: Fast Company | Subjects: Creativity, Innovation

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In “push” systems the core assumptions are that companies and other institutions can anticipate demand and that mobilizing scarce resources in previously specified ways is the most efficient and reliable way to meet it. But the efficiency of push systems comes at a stiff price, for they require companies to specify, monitor, and enforce detailed activities and tasks. This rigidity necessarily restricts the number and … [ Read more ]

Content: Article | Authors: John Hagel III, John Seely Brown | Sources: CFO Publishing, McKinsey Quarterly | Subjects: Innovation, Marketing / Sales