A Highlight and Note by Gonçalo Marques from Winning At Innovation: The A-to-F Model. Sources of Innovative Ideas. A recent report from Grant Thornton surveyed corporations worldwide to determine where they found their innovative ideas.
The study revealed that customers were now the leading source of ideas for new products and services. Firms in Asia Pacific were particularly attuned to what their customers want with almost half (48 per cent) of the best innovative ideas coming from customers against 40 per cent in Western Europe and 35 per cent in North America. In summary the origins of ideas were as follows as rated by percentage of respondents: Customers 41% Heads of Business Units 35% Employees 33% Internal R&D 33% Partners & Suppliers 26% Sales 17%
Allocate Time for Innovation. One of the commonest barriers to innovation is lack of time.
People are just too busy doing their day job to spend time trying new things. The common assumption is that working hard and working long hours are good things and sufficient for success. The mantra is - 'Focus on delivering this quarter's results.' It is as though we are so busy building rafts to cross the river that we never look up to consider building a bridge, or a tunnel or a dam or fording the river or building boats or planes or all the other things we could do. We just focus on producing those rafts. If you want people to be creative then set the goal (e.g. crossing the river) and then challenge them to come up with ideas. Train for Innovation. Is innovation some chance occurrence that comes in a flash of brilliance by the CEO?
Is it the domain of just a handful of creative geniuses? No. You can establish a culture and a process for innovation throughout the organization. It takes leadership. Tell Stories. We live in a world with information overload.
We are flooded with data, facts, statistics and information in all forms. Definitive answers to specific questions are immediately available from search engines on the internet. KLM Airlines Passengers Can Pick Their Seatmate Using Facebook. Make Your Own Products Obsolete. The fear of 'cannibalisation' has prevented many a promising idea.
And yet it seems clear that if you do not cannibalise your own product line with better, cheaper, faster, more effective or more appealing products then your competitors surely will. American radio manufacturers dominated the radio market in the early 1950s. Amazon.co. E-Reader Display Shows Vibrant Color Video. Even as the processing power and download speeds of mobile devices surge, one component still lags behind: the screen.
LCD panels use significantly more power than any other component of a phone or tablet because of their need to pump out bright light to form an image. The only practical alternative is e-ink, the technology used in the Amazon Kindle; it consumes orders of magnitude less power but sacrifices color and the ability to change images fast enough for video playback or smooth game play. Now, after years of waiting, alternative technology that promises the best of both approaches is finally edging closer to commercialization. 7 Challenges for Corporate Innovation Units. What are the key challenges for corporate innovation units?
Let’s have a discussion on this. Below you get my starters. Your input is highly appreciated! Hit the window! The window of opportunity gets smaller and smaller and the time to success decreases. Organize for fast pace, fast change! Crack the X! Develop yourself and your teams! Kinect Effect. Productivity Future Vision (2011) The Global Innovation 1000: Why Culture Is Key. The elements that make up a truly innovative company are many: a focused innovation strategy, a winning overall business strategy, deep customer insight, great talent, and the right set of capabilities to achieve successful execution.
More important than any of the individual elements, however, is the role played by corporate culture — the organization’s self-sustaining patterns of behaving, feeling, thinking, and believing — in tying them all together. Yet according to the results of this year’s Global Innovation 1000 study, only about half of all companies say their corporate culture robustly supports their innovation strategy. Moreover, about the same proportion say their innovation strategy is inadequately aligned with their overall corporate strategy. Five Reasons Companies Fail at Business Model Innovation - Saul Kaplan. By Saul Kaplan | 12:41 PM October 21, 2011 Business model innovation is the new strategic imperative—by now, this is becoming more generally acknowledged.
But companies routinely fail at self-reinvention because they are so busy pedaling the bicycle of their current business models they leave no time, attention, or resources to design, prototype, and test new ones. The physics behind. Quantum Levitation: The Coolest Science You'll See Today. The clip, which has been making its way around the 'net since its debut this weekend, was taken at the 2011 ASTC conference, a gathering of sciencefolk in Baltimore, Maryland designed to demonstrate "how science centers and museums are putting new ideas to practical use to serve their communities.
" This vignette is a demonstration by Israel's Tel Aviv University of a phenomenon called "quantum levitation. " Though the video itself fails to explain the physics behind the disk's baffling ability to maintain orientation despite non-trivial factors like gravity and the rampant disbelief of onlookers, the University put together a website to explain things . If I'm understanding this correctly, the disk (which is a sapphire wafer coated with an ultrathin layer of yttrium barium copper oxide) is cooled to below negative 185 degrees Celsius. At that temperature the material becomes superconductive (read: it is able to conduct electricity with no energy loss).
Science fiction author Arthur C. The Challenge of Managing Innovation and the Core Business. Title: Embracing Paradox Authors: Michael L. How IBM Innovates. 20 Coisas Que Aprendemos Para Inovar. Is radical innovation a thing of the past? Projected Backseat Entertainment - GEELab Creates a Holographic Game for Children in the Car. The 100 Lamest Excuses for Not Innovating. September 22, 2011The 100 Lamest Excuses for Not Innovating If you need to innovate, but find yourself procrastinating, your excuse is on this list. While you may have all the "proof" you need to prove yourself right, being right doesn't necessarily increase your odds of innovating.
So, take a look, note the ones that bug you, and find a way to go over, under, around, or through them. You Gotta Love Lego – Crowdsourcing meets Open Innovation! Origo: A 3D Printer For Kids. Phil McKinney – Thanks but no thanks for your ideas … now please go away. Philmckinney | September 20, 2011 The corporate anti-bodies are alive and well in every organization that I’ve ever been involved with. Some people just can’t help themselves. They feel like they have the right and obligation to educate the person as to why their ideas won’t work.
By allowing these people to operate unchecked, leaders signal to the organization that new ideas will be rejected and thus innovation is not important. So what are you to do? Watch and Listen: Clay Christensen Explains Disruptive Innovation. An Innovation Roadmap. Innovation seems magical. Like Steve Jobs in a black turtleneck showing off his new wonder or the simple fact that we carry devices in our pockets more powerful than the computers that put a man on the moon. A Machine That Gives Shape to Your Ideas - Graphic. Introduction to OpenIDEO / OpenIDEO.com. A Strategist’s Guide to Digital Fabrication. At a research meeting in late 2010, a primatologist studying monkey genetics took a tour of a university’s digital fabrication shop. NYC BigApps Ideas. The Paradox of Innovation. August 01, 2010The Paradox of Innovation My big insight about innovation these days would make Nobel Prize winner, Niels Bohr, proud.
Amazon’s Future Is So Much Bigger Than A Tablet. Innovators Don't Only Dream, They Remember Their Dreams. Phil McKinney – Do we lack patience when it comes to innovation? Philmckinney | September 6, 2011 In the 7 Immutable Laws of Innovation, the Law of Patience states: Innovation takes time. Chinese Innovation – Lessons from the East. The Future of Light Is the LED. Rede de Inovação. Express Your Ideas! September 03, 2011Express Your Ideas! Innovation Weblog - Trends, resources, viewpoints from Chuck Frey at InnovationTools. Innovate Your Purpose Not Just Your Product. A Highlight and Note by Gonçalo Marques from a Personal Document. 56 Reasons Why Most Corporate Innovation Initiatives Fail. Why Giving Employees Paid, Unstructured Time Pays Off – Improvisations - MIT Sloan Management Review.
Video: Free-Moving Kinect Used To Map Room And Objects In Detailed 3D.
3 Types of Innovation-Structured [Apple], Unstructured [Amazon] & Open [Google] Science fair gold medalist, 17, invents better way to search Internet. Video: World’s cheapest light bulb shines in developing regions. Forget WiFi, Connect to the Internet Through Lightbulbs - Technology. Interactive video comes online from FlixMaster - TNW Apps. Proposta sobre Lei de Inovação é aberta à consulta pública - Notícias - Secretaria da Ciência, Tecnologia e Ensino Superior. Industries That Need to Change Their Business Model. The Other Side of Innovation. Innovation in Turbulent Times – Capgemini. The World’s Most Innovative Companies. The 50 Most Innovative Companies. Schumpeter: The innovation machine.