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A Seven-Step Guide To Innovation Amid A Crowded Market. As an industrial designer and the CEO of a design agency with experience across many fields, I am struck by how difficult it has been for the Consumer Packaged Goods (CPG) industry to successfully innovate to meet the needs of the ever-changing marketplace.
How did that happen? The history buff in me looks back to the birth of our country and the many innovations that have come about through the ingenuity of our early pioneers, whose legacy includes everything from blue jeans, to the fire hydrant, to toilet paper. Innovation in turbulent times. News organizations have an innovation problem.
Especially print media. As they gingerly wade into digital, their ability to foster innovation becomes more critical than ever. In today’s fast-changing landscape, they should view innovation as their main weapon against direct competitors and emerging players such as tech startups,. Unfortunately, print media appears ill-equipped to innovate. The Most Innovative Companies Today. Top 40 Innovation Bloggers of 2010. By Braden Kelley After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling, I am proud to announce your Top 40 Innovation Bloggers of 2010: Mitch DitkoffMitch Ditkoff is the Co-Founder and President of Idea Champions and the author of “Awake at the Wheel”, as well as the very popular Heart of Innovation blog. .Jeffrey PhillipsJeffrey Phillips is a senior leader at OVO Innovation.
OVO works with large distributed organizations to build innovation teams, processes and capabilities. How Mature is Your Company? Social Business Maturity quiz. Innovate on Purpose. Innovation. Creativity and Innovation. Centre for Innovation. Leadership Innovation. As we start a new year during a slow recovery, innovation will be at a premium as organizations strive to uncover new opportunities for growth.
Yet many leaders have trouble thinking about (let alone driving) innovation when they're focused on managing through the still-challenging present. Five years ago, GE (GE) launched a leadership development program called "Leadership, Innovation and Growth" (LIG) to stimulate growth and innovation from within the organization. The program created new ways to think and talk about innovation simply and practically, so it would grow into part of how leaders operated their business. Leadership teams from across GE's top 60 businesses have since participated in the program, and have learned how to translate innovative ideas and opportunities into initiatives with real results.
As GE prepares to launch the next iteration of LIG (focused on global growth), we've spent some time reflecting on what's worked and what needs improvement. IDEO: Big Innovation Lives Right on the Edge of Ridiculous Ideas. Imagine for a second if you could somehow wrap up the creative chaos of a kindergartner’s life and apply it at work.
You’d go on field trips, make stuff, hatch crazy ideas, and be awed by the world on a daily basis. Sound ridiculous? At the renowned international design consultancy IDEO, it’s how work gets done every day. Psychologists tell us that as we age, we become self-conscious in classroom and other public settings, and quietly begin to suppress our playful tendencies for fear of being childish or breaking with social norms. Creativity requires that we fight against this trajectory.At IDEO, being playful is almost an obsession. INNOVATION. Innovation. Most Innovative Companies. Innovation. Working on Innovation. The 99 Percent. Global Innovation. The Connected Company « Dachis Group Collaboratory.
Many thanks to Thomas Vanderwal for the many conversations that inspired this post.
The average life expectancy of a human being in the 21st century is about 67 years. Do you know what the average life expectancy for a company is? Surprisingly short, it turns out. In a recent talk, John Hagel pointed out that the average life expectancy of a company in the S&P 500 has dropped precipitously, from 75 years (in 1937) to 15 years in a more recent study. Why is the life expectancy of a company so low?
I believe that many of these companies are collapsing under their own weight. The statistics back up this assumption. This “3/2 law” of employee productivity, along with the death rate for large companies, is pretty scary stuff. I believe we can.