How to Make Innovation Part of Everyone’s Job. The average colleague has seven ideas per day about how they could improve where they work.
Why Innovation Matters. Innovation is the key idea that is shaping corporate life, helping leaders conceive previously unimagined strategic options.
Take acquisitions, as an example. Most are justified on the basis of cost and capital reduction: for example, the merger of two pharmaceutical companies and the global rationalization of overhead and operations and the savings from combining two sales forces and R&D labs. You can, however, buy earnings through acquisitions for only so long; cost-control, however necessary, is a defensive strategy.
Innovation enables you to see potential acquisitions through a different lens, looking at them not just from a cost perspective, but also as a means of accelerating profitable top-line revenue growth and enhancing capabilities. Innovation, The New Business Renaissance. Businesses today are re-inventing themselves at a greater rate than any time before.
Innovation, previously used by businesses to stay "ahead of the pack", is now more of a survival strategy whereby business and operational models are continually challenged and turned on their heads. We are in fact, in the midst of a "New Business Renaissance" to the likes of which we have never seen before.
The Innovation Imperative “Innovate, Or Risk Becoming Irrelevant” is quickly becoming the new mantra of many businesses. Think APIs - Freedom to innovate - API via. Subscribe to the Customer Success Journal, your source for all things Success! via. How To Think Like an Entrepreneur: the Inventure Cycle. Subscribe to the Customer Success Journal, your source for all things Success! via. And How It Drives Innovation âš™ Co.Labs âš™ code + community via. How to Create Innovation Cultures That Keep Working - Forbes via. Is Disruptive Innovation Crossing the Chasm or Jumping the Shark? The Surfers of Innovation.
Is WebRTC the Death of the Traditional Call Center? Central Desktop Blog. If you’re very lucky, right now somebody on your marketing team has spotted an opportunity that doesn’t fit within the boundaries of established procedure, protocol, and budget.
MBA Programs Starting to Emphasize Coding. Marc Andreessen On How To Turn Impossible Ideas Into Successful Businesses. Marc Andreessen Cofounder, Andreessen Horowitz; inventor of Mosaic, the first popular web browser Fast Company: How long do you think it takes for a truly significant technology to take hold?
Andreessen: The really big ones are generational. Why Steve Jobs Never Listened to His Customers. It's really hard to design products by focus groups.
A lot of times, people don't know what they want until you show it to them. "— Steve Jobs. To Shape the Future, Learn from the Past. How to Steal Ideas From Everybody You Meet. Scientists achieve reliable quantum teleportation for first time. Albert Einstein once told a friend that quantum mechanics doesn't hold water in his scientific world view because "physics should represent a reality in time and space, free from spooky actions at a distance.
" Why Daydreaming And Downtime Can Be Secrets To Innovation. Good news for daydreamers: letting your mind wander off task isn't always a bad thing.
In fact, it can often lead to more creative ideas. At the core of personality psychology is a set of personality dimensions called The Big Five, which describe the five biggest sources of variation in behavior from person to person. One of the Big Five is conscientiousness, which is the degree to which people tend to follow rules and complete tasks they start. Google’s First Car: Revolutionary Tech in a Remarkably Lame Package. Google is making a prototype of its self-driving car that isn’t made to be operated by humans.
Photo: Google. WIRED : Google's first self-driving ... The Crazy Genius Behind Solar Roadways. Here’s an idea crazy enough that it just might work: Pave the streets with solar-powered panels that have their own built-in heat and LED lights.
That’s what Scott and Julie Brusaw hope to accomplish with their ongoing Solar Roadways project, which they just funded through a hugely popular crowdfunding campaign. The husband-and-wife team has spent the better part of the last decade developing solar-powered modular panels that could be installed in roadways and parking lots, and would be able to collect power from the sun. Those panels could also keep streets clear of snow and ice, while illuminating them with LEDs.
Rather than paving streets and driveways with asphalt, the Solar Roadways panels would theoretically be able to decrease our nation’s dependence on fossil fuels by generating massive amounts of clean energy. The whole thing is a pretty outlandish idea, and one we first wrote about back in 2010. Unlabeling Innovation. The Segway personal transporter was unveiled on December 3, 2001, among intense hype.
It was claimed to be so innovative that it would transform how humanity though about transportation. Inventor Dean Kamen famously said it “will be to the car what the car was to the horse and buggy.” Eight years later Time Magazine put the Segway on the No. 1 spot of the worst 50 inventions, beating out classic failures like New Coke, Microsoft Office’s “Clippy,” Agent Orange, CueCat, and Subprime Mortgages. Unlabeling Innovation.
Why Making APIs Copyrightable Is Bad News For Innovation.