722 Posts Found

Good managers make quick, sound and efficient decisions. However, they must be willing to accept ambiguity and uncertainty when dealing with creative product ideas, says Thomas Mannarelli.

Content: Article | Author: Thomas Mannarelli | Source: Financial Times | Subjects: Innovation, Management

“Recently, members of the Innovation Leaders Community, a group of innovation leaders from around the world (for more information: [ Read more ]

Content: Article | Source: Innovation Network | Subjects: Best Practices, Innovation

Don’t worry about people stealing your ideas. If your ideas are any good, you’ll have to ram them down people’s throats.

Content: Quotation | Subjects: Entrepreneurship, Innovation

No more than 10 or 15 percent of innovations move up to that founder’s wishes. Another 15, 20, or 30 percent are not disastrous, but not successes either. Five years later they’ll say that this is a nice specialty. You know what that means, don’t you? It means you have to wrap it in a five-dollar bill to give it away. Sixty percent are footnotes … [ Read more ]

Content: Quotation | Source: Business 2.0 | Subjects: Innovation, Strategy

Traditional analytical models of decision-making, while appropriate for evaluating choices for which there are ample historical data, can often kill off creative ideas that might be extremely valuable.

when creative people are performing a task, if the extrinsic reasons for engaging in the task are more important than the intrinsic reasons, they will tend to perform less creatively. Outside factors encourage people to focus purely on … [ Read more ]

Content: Quotation | Source: Financial Times | Subjects: Creativity, Trends / Analysis

It’s important to distinguish between creativity and art. The most common form of creativity is problem solving: You can’t get the truck through the tunnel, so you let the air out of the tires. I presume that businesspeople are very good at this kind of creativity…

By contrast, art depends on whether you can invent something from very little… Of course, skill and learning are also … [ Read more ]

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subject: Creativity

[this push for creativity], it’s all so completely phony. Look at education: There’s this horrible homogenization going on – everybody has got to be special. So if it’s somebody’s birthday in grade school, then you have to celebrate everybody’s birthday, all year long. Everyone gets absolutely equal treatment; nobody is allowed to stick out—whether it’s because they are behaving badly or are brilliantly smart. Everyone … [ Read more ]

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Creativity, Innovation

Daring ideas are like chessmen moved forward; they may be beaten, but they may start a winning game.

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

Creativity is the result of the marriage of logic and imagination.

Content: Quotation | Source: LiNE Zine | Subject: Creativity

When you are faced with a decision – always chose the bolder option. The most extraordinary things are created by ordinary people.

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

3M has taken the whole “innovation company” thing one step farther. It has found an innovative way to be innovative, applying the Lead User process (developed by Eric von Hippel, a professor at the Massachusetts Institute of Technology’s Sloan School of Management).

Content: Article | Author: Craig Henderson | Source: CEO Refresher | Subjects: Best Practices, Innovation

“Innovation 100: The Customer is a listing of the most innovative companies in building profitable and successful customer relationships. We offer stories analyzing the business and IT practices of some of the businesses in this year’s listing. You can also view the entire list of all 100 companies ranked from one to 100. And to see how your organization’s customer strategies compare against the … [ Read more ]

Content: Article | Sources: Cap Gemini Ernst & Young (CGE&Y), InformationWeek | Subjects: Customer Related, Innovation

You can hire good people. You can ask for big ideas. But if you don’t create an environment where good people can nurture and grow their big ideas, you might as well kiss your competitive advantage goodbye.

Content: Quotation | Source: Chief Executive | Subjects: Innovation, Organizational Behavior

You can hire good people. You can ask for big ideas. But if you don’t create an environment where good people can nurture and grow their big ideas, you might as well kiss your competitive advantage goodbye.

Content: Article | Authors: J Pegues, Laurence Holt | Source: Chief Executive | Subjects: Innovation, Management

When an idea is turned down — it doesn’t matter whether the innovation is in technology, marketing, or management — most people offer one of two reasons: technology or money. Behind these two common explanations are the real reasons why ideas are killed: the four different types of uncertainty:
1. Technological uncertainty
2. Resource uncertainty
3. Market uncertainty
4. Organizational uncertainty

Content: Article | Author: Thomas Stewart | Source: eCompany Now | Subjects: Innovation, Organizational Behavior

This book is the distillation of the course that Michael Ray and Rochelle Myers taught at the Stanford Graduate School of Business. The authors present us with points, then give us stories and examples from the world of business and underpinnings from the world of scientific and psychological research that help explain why the examples work. This is a book that presents you with tools … [ Read more ]

Content: Book | Author: Michael L. Ray | Subjects: Innovation, Personal Development

Discovery consists of seeing what everybody has seen and thinking what nobody has thought.

Content: Quotation | Subject: Innovation

New technologies rarely replace old ones. Smart companies will create innovative hybrids.

Content: Article | Author: Mohanbir Sawhney | Source: Context Magazine | Subject: Innovation

A short (8 pages) but excellent .pdf white paper by the National Commission on Entrepreneurship (NCOE) which describes the role of entrepreneurs in sparking and expanding the current U.S. economic boom. Also provides some public policy thoughts on the fostering entrepreneurship. Has many great statistics (which are compiled in the MBA Depot Market Research section).

Content: Article | Source: National Commission on Entrepreneurship (NCOE) | Subjects: Entrepreneurship, Innovation

Hell, there are no rules here–we’re trying to accomplish something.

Content: Quotation | Subject: Innovation