Category: Innovation

Innovation – Core Competency For the 21st Century

Despite the growing recognition that innovation is the only sustainable source of growth, competitive advantage, and new wealth, an Arthur D. Little survey of 669 global company executives found fewer than 25 percent of the companies believe innovation performance is where it needs to be if they are to be successful in the competitive marketplace. […]

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Top 5 Questions About Implementing Open Innovation

A series of executive roundtables on open innovation conducted around the United States and in the United Kingdom in late 2008 generated much debate. Even so, common themes developed around questions dealing with implementation, conflict over intellectual property, creating open innovation networks, and creating measurement systems. Here are my answers to the Top Five Questions […]

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How to Drive Innovation by Creating a Lion’s Den

I have facilitated Lion’s Den, with great success, in my consulting practice. I apply it as a session to spark innovation among all employees, regardless of their role or position within an organization. My premise is that everyone, in all departments: accounting, sales, marketing, manufacturing, engineering, human resources, operations, distribution, and so on; have great […]

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