722 Posts Found

Creating new possibilities. Finding hidden problems. Blasting through knowledge barriers. That’s the job of inventors. And just as invention has fueled the progress of humankind for centuries, the same thinking patterns that produced breakthroughs from the steam engine to the gene sequencer will spawn the inventions on which we’ll build our future.

But what drives invention? Where do the mental leap, the “Aha!” and the … [ Read more ]

Content: Book | Author: Evan I. Schwartz | Subject: Innovation

Many companies do not address the generation and management of good product ideas as an explicit process; rather, ideas tend to “float” around the organization, acquiring currency in proportion to the personal and political power of the champions who promote them. In this article, we outline a rational, objective, and highly productive approach that we call Structured Idea Management (SIM). By adopting an SIM process, … [ Read more ]

Content: Article | Authors: Lucy Rowbotham, Nils Bohlin | Source: Prism (Arthur D. Little) | Subject: Innovation

Combining curiosity and business smarts, Springwise scans the globe for new business ideas, business opportunities, concepts and ventures ready for regional or international adaptation, expansion, partnering, investments or co-operation. The site’s researchers, or ‘Springspotters’, track hundreds of global offline and online business resources. They also take to the streets of world cities, digital cameras at hand, searching for the next big thing. Findings are aggregated … [ Read more ]

Content: Online Resource | Source: Springwise | Subjects: Innovation, Trends / Analysis

The problem isn’t coming up with good ideas-any manager will tell you-it’s creating an organization that can implement those good ideas and sustain innovation over time.

In this book, a second edition to the popular original, editors Michael Tushman (Harvard Business School) and Philip Anderson (INSEAD) continue to collect best writings on the subject of managing innovation, some current, some that go back decades. A reading … [ Read more ]

Content: Book | Authors: Michael L. Tushman, Philip Anderson | Subjects: Change Management, Innovation

Since the first edition of this landmark book was published in 1962, Everett Rogers’s name has become “virtually synonymous with the study of diffusion of innovations,” according to Choice. The second and third editions of Diffusion of Innovations became the standard textbook and reference on diffusion studies. Now, in the fourth edition, Rogers presents the culmination of more than thirty years of research that will … [ Read more ]

Content: Book | Author: Everett M. Rogers | Subject: Innovation

To avoid long-term failure while focusing on short-term success, business professors Tushman and O’Reilly present their views on the “ambidextrous organization.” This is defined as having internally consistent structures and an internal operating culture that provides for excelling today while also planning for the future. This paradoxical state of dealing with incremental changes in the here and now while at the same time emphasizing the … [ Read more ]

Content: Book | Authors: Charles O’Reilly, Michael Tushman | Subjects: Innovation, Organizational Behavior

For as long as there have been large companies there have been smaller ones that have succeeded in knocking off their larger foes using innovative ideas. Can large companies create a systematic and sustainable approach to innovation? After studying companies like GE, Texas Instrument and IBM, Dean Mark Rice answers: “Yes, through commitment, clarity of focus, a dedicated organizational structure, portfolio management methods, and building … [ Read more ]

Content: Article | Author: Mark P. Rice | Source: Babson Insight | Subjects: Innovation, Organizational Behavior

Not all the best movies make it to the big screen. Not all the best restaurants get discovered. Not all the best potential spouses get married. And not all the best marketing and new product ideas see the light of day. Why? Five practices kill promising concepts too soon.

Content: Article | Author: David Walker | Source: European Business Forum (EBF) | Subjects: Innovation, Marketing / Sales

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One method for discovering where to innovate that I always encourage companies to use is customer sacrifice mapping. Customer satisfaction is all well and good – but all it does is measure how well we’ve trained customers not to expect too much. Customer sacrifice mapping goes beyond expectations to examine the gap between the ideal offering individual customers want and what they have to settle … [ Read more ]

Content: Quotation | Source: TechnologyEvaluation.com | Subjects: Customer Related, Innovation

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There are two keys to innovation. The first is the ability to think beyond relatively conventional paradigms and to examine traditional constraints using nontraditional thinking. You have to be able to go outside your own frame of reference and find another way to look at a problem. The second key to innovation is the ability to discern the important issues and to keep your real … [ Read more ]

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

Innovation, or new business creation, is the process by which a company builds insights about its customers; identifies and evaluates unique market opportunities and prepares a bold game plan to seize them; and develops a stream of winning products. The process of new business creation can generally be split into two parts: an upstream process – sensing and creating opportunities – and a downstream process … [ Read more ]

Content: Article | Author: Jean-Philippe Deschamps | Source: Prism (Arthur D. Little) | Subject: Innovation

The Issue: If innovation is the key to growth, jobs, and shareholder value, why do so many companies manage their product information systems so badly? Our research shows that fragmented ownership, budgets, and objectives perpetuate costly, error-prone Product Lifecycle Management (PLM) systems. It may be time for systems that support innovation to get an overhaul.

Content: Article | Author: Kevin O’Marah | Sources: AMR Research, CIO Magazine | Subject: Innovation

Each company has an intrinsic innovation effectiveness curve. Here are three ways to lift it.

Content: Article | Authors: Alexander Kandybin, Martin Kihn | Source: strategy+business | Subjects: Innovation, Management

how do you create business value with information technology today? In this Outlook Special Edition, IT thought leaders from Accenture set forth a major strategic agenda for IT-driven high performance. The edition explores four major areas: the interrelated areas of (1) infrastructure and (2) integration, which together create the IT backbone; it also looks at an approach to IT management they call (3) industrialization; finally, … [ Read more ]

Content: Article | Author: Various | Source: Outlook Journal (Accenture) | Subjects: Innovation, IT / Technology / E-Business

It is conventional wisdom that Western companies are better at inventing and developing new technologies than at producing and commercializing them, while Japanese companies are particularly skillful at commercializing technology. Convincing arguments have been made for a continuous exchange of knowledge between Design and Manufacturing as a way to improve the entire product development process – from conception to commercialization. This article, based on extensive … [ Read more ]

Content: Article | Author: Sigvald Harryson | Source: Prism (Arthur D. Little) | Subjects: Best Practices, Innovation

Innovation in customer relationship management can result in superior business performance, Accenture research finds. Through our client work, Accenture has identified three broad innovations in the customer relationship management arena.

Content: Article | Source: Accenture | Subjects: Customer Related, Innovation

Deschamps and Nayak, vice-presidents of the international consulting firm Arthur D. Little, Inc., argue that a company’s success depends on its ability to improve its products or services continuously while simultaneously focusing the entire organization on the process of product creation. Product juggernauts are companies that attain market leadership by creating a continuous stream of world-class products through concentrated efforts on product development procedures. The … [ Read more ]

Content: Book | Authors: Jean-Philippe Deschamps, P. Ranganath Nayak | Subject: Innovation

This article outlines some of the thinking expressed at a recent gathering of Chief Technology Officers (CTOs) by Arthur D. Little. The discussion covered a wide range of issues, from whether “stale” companies should just be allowed to die and make way for new ones, to the role of governments in encouraging innovation. Participants looked at what motivates companies and individuals to continue looking for … [ Read more ]

Content: Article | Authors: Chris Floyd, Frank Morris, Geoffrey Marlow, Jean-Philippe Deschamps | Source: Prism (Arthur D. Little) | Subjects: Innovation, Management