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Get innovation and growth news stories, tips and ideas regularly - to help unleash your 'inner innovator!'

Kodak : Would Innovation Performance Measures Have Helped?

Fri, Feb 3rd 2012

As Kodak files for Chapter 11 Protection so that it can avoid bankruptcy while it restructures, the accusations fly.

“Too slow to change!”

Of course they were. Kodak is a company, companies are made up of people… and most people don’t like change – especially far-reaching change.

When It's Time To 'Subtract Value.'

Fri, Feb 3rd 2012

It can be argued that consumer needs do not change so much as the context within which those needs arise. What’s more, it is the context that provides the rich stimulus for innovation. Fail to understand the context and context changes, and you’ll fail to innovate.

Open Services Innovation : Book Review

Mon, Nov 21st 2011

Ever wondered how to get off the innovation treadmill of ever shortening product lifecycles and rapid commoditization of markets that is exhausting the management teams of many companies in developed economies?

Henry Chesbrough has, and he believes the solution is Open Service Innovation as documented in his book of the same title. Can it really help us?

3 Things We Can Learn From the Space Entrepreneurs.

Thu, Sep 15th 2011

Three super rich entrepreneurs have ambitions and plans to take tourists into space. What can we learn about innovation from them?

Fresh Eyes on Innovation

Wed, Sep 14th 2011

Are you looking to gather information for innovation? If so, it’s easy to get caught up in the issues of designing the right market study – defining its scope and the methodology. But what about the findings? How are you going to process them and handle the outputs – you’ll need to plan for that too...

HBR Inspiring and Executing Innovation : Book Review.

Sun, Sep 11th 2011

“Fresh ideas can mean big profits - but only if they make it to market and sell.” So runs the cover blurb of the Harvard Business Review (HBR) book Inspiring and Executing Innovation. Ah! The tantalizing pleasure and torturous pain of innovation neatly summed up! But wait! There’s more - a promise of the best practices to enable us to create and deliver new products and services. So how well does the book itself deliver?

5 Innovation Tips for Making Magic for Customers.

Fri, Jul 15th 2011

High street retailers in many towns are struggling. News stories, by turns blame internet shopping and the economic recession. By contrast, some retailers are not just surviving – they’re thriving. They’re secret? They’re innovating to create magic for their customers.

Connection Making is Key To Creativity.

Fri, Jul 15th 2011

Simply talking about creativity is never enough to get across its pivotal role in innovation! What’s needed are examples. How did someone generate that great new idea? What was the analogy or metaphor that led to a new insight? How did someone end up combining data in new ways to make a great new connection?

Business Model Generation : New Book Review

Fri, Jul 15th 2011

Business Model Generation by Alexander Osterwalder and Yves Pigneur doesn’t look like your average business book. It’s published in landscape format, it’s packed with drawings and has lots of pictures, colour and white space. Yes, ‘the designers’ have got to it. But does it stand up as more than just a ‘beautiful thing’?

Trend Forecasting : Six Prompts For Considering Trends.

Sun, May 15th 2011

News that the trend forecasting industry has grown to an estimated $36 billion dollars, suggests that trend forecasting information is becoming increasingly important to innovators and designers.

And, with the industry having achieved such scale, perhaps we should question who is really driving the trends we see on the catwalk and the high street these days – designers or trend forecasters?

Open-mindedness : A Key Trait for Successful Innovators

Sun, May 15th 2011

What are the important personal qualities and character traits that an innovation manager should have?

The list is potentially a long one - future orientation, interest in novelty, leadership, resilience and so on. However, if I were pushed to determine the single most important quality, I would say open-mindedness.