The Power of Tying Innovation Directly to Your Organization’s Strategy

The Power of Tying Innovation Directly to Your Organization’s Strategy

According to research done by the Conference Board, two of the top three internal hot button issues for CEOs globally are: Emerging technology that is driving new business models Creating a culture of innovation that energizes and enhances a company’s performance and keeps them relevant during periods of intensifying competition We shared in a prior article our 4 tips on how to create and...

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How the Most Successful Companies Can Foster Innovation Amongst Employees

How the Most Successful Companies Can Foster Innovation Amongst Employees

A spark. Planting a seed. A lightbulb moment. What exactly is innovation? Many companies claim to be innovating, but few think about how each employee can impact the creation of new products and service offerings. However, for some forward-thinking companies, what was once considered a function of the R&D department is now becoming intricately embedded into the entire organization.…

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Innovation Series: 4 Important Lessons that will Help You Run a Practical Innovation Function

Innovation Series: 4 Important Lessons that will Help You Run a Practical Innovation Function

In part 1, we discussed how emerging technology can take several decades to become mainstream and deliver on its commercial promise—highlighting touch screens, voice recognition, and machine learning as examples. Now we want to dive into turning innovations into realities. In our experience in building a corporate innovation function over the last five years, we have learned four important...

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Innovation Series: Learning What We Mean by ‘Practical Innovation’

Innovation Series: Learning What We Mean by ‘Practical Innovation’

Understandably, most CEOs want their organizations to proactively innovate instead of finding that innovation has shown up at their doorstep. Forced adaptation is rarely pleasant. But when you look at examples of corporate innovation in the market today, only a select few are successful. How is it that some companies can stay on top of changing technology and market trends and others...

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