Category Archives: strategy

Innovators, What is Your Strategy if the Market Crashes?

Obviously the stock market, and more importantly, the economy in general has a big impact on innovation.   But whether or not it makes sense from a long term vision, investment in innovation is often one of the first places to get hit when money gets tight.  We have all got somewhat used to a ...

Innovation and Strategy Need Opposite Types of Motivation

The proper motivation… For a long time it was accepted that incentives, and specifically financial incentives, would motivate any type of desired business behavior. In other words–everyone has a price. There are two main types of motivation: intrinsic and extrinsic. Intrinsic motivation comes from within the task itself, and directly by the value of the benefit from completing it. ...

Six Innovation Traps to Avoid From the Start

Having recently concluded my fourth leadership tenure as “The Innovation Guy” in a corporate setting, I thought I’d share some patterns that seem to emerge when introducing innovation systematically to organizations with low innovation maturity. Since the sample size is small, there is certainly no statistical significance. However, it doesn’t appear to matter whether an ...

The Essential Connection Between Strategy and Innovation

Most organizations are seeking solutions to the necessary connections between Strategy and Innovation. The connection between the two is often broken. Often it is within the strategies that should be outlined, lies the potential new spaces to play for innovation’s design. Yet how often do we fail to connect the innovation’s we design and execute ...

What is the best time to build a culture of innovation?

You already know that “culture eats strategy for breakfast.” When do you start paying attention to your company’s culture and changing it? My research made me realize that the reason people are more creative when they work in startups than when they work in mature companies is due to the difference in culture of those two types of companies. I ...

When it’s time to think inside the box

It’s a common call – we want more innovation, disruptive innovation, new options.  We need to think outside the box. It often makes sense to think outside the box.  When the usual thinking hasn’t solved the problem, new approaches are needed.  After all, if the same people are sat at the same table trying to ...