November 29, 2020 | by Chris Kalaboukis
The Three Factors That Drive Consumer Behavior
As the adage goes, the only constant is change, and such is the case with consumer behavior. Thus, tracking trends, using business analytics to predict where the next trend may be, and acting accordingly with your marketing is a recipe for success.
The…
November 28, 2020 | by Chris Kalaboukis
Are you Shaking The Box?
Have you heard of the term “shaking the box”? It’s a great way to trigger new thinking – or at least try to unearth current hidden thinking. When encountering a situation, you go into it with the express purpose of creating disr…
November 26, 2020 | by Chris Kalaboukis
Why Your Employees Are the Key to Recovery
In this article, we will look at how to identify and understand employee contributions, and learn how to work with idea generators, evaluators, and activators.
The post Why Your Employees Are the Key to Recovery appeared first on InnovationManagement.
November 25, 2020 | by Chris Kalaboukis
TASC: A Practitioner’s Tool for Better Results in Open Innovation
Despite its popularity as a way to promote innovations, organizations face challenges in their open innovation (OI) initiatives. As knowledge flows are vital for the success of OI initiatives, organizations should identify right partners in their open …
November 24, 2020 | by Chris Kalaboukis
Survey shows the most important skills for 2025 will be creativity and innovation
According to the new 2020 Future of Jobs report by the World Economic Forum, there will be an increasing demand for skills related to Innovation and Creativity between now and 2025. Of the Top 5 skills listed there as having a growing importance and demand for the future, creativity and innovation are related to four […]
November 23, 2020 | by Chris Kalaboukis
What Can We Learn About Crowdsourcing in a Pandemic from NASA?
When COVID-19 shut down the United States in 2020, everyone wanted to be a part of the solution. At NASA, the entire NASA workforce expressed their desire to help the nation combat the virus – even though most of their employees were asked to work from…
November 22, 2020 | by Chris Kalaboukis
Have We Killed The City?
Over the last few months, we’ve had major crises that have mostly affected major urban centers or cities. Does this mean that the prominence of cities is over? How does that affect you? First, the COVID-19 pandemic forced everyone globally to she…
November 18, 2020 | by Chris Kalaboukis
Interview with Erich Joachimsthaler, Author of The Interaction Field
I had the opportunity recently to interview fellow author Erich Joachimsthaler, the Founder and CEO of Vivaldi, one of the largest independent global strategy and business transformation firms, to talk with him about his new book The Interaction Field:…
November 17, 2020 | by Chris Kalaboukis
6 Don’ts For An Open Innovation Winning Formula
Open innovation (OI) can be a powerful approach for organizations to find groundbreaking ideas, develop new products and solve difficult problems. But not every company that engages in OI enjoys the same success; there are many reasons why.
I have be…
November 17, 2020 | by Chris Kalaboukis
The Blind Men & The Elephant: An Open Innovation Blueprint
“It’s a wall,” “It’s a snake,” “It’s a rope,” “It’s a spear,” “It’s a fan,” no, “It’s a tree,” and so goes the story of “The Blind Men & The Elephant”. The tale is a great example that shows how you and your team can manage your innovation efforts. You…
November 16, 2020 | by Chris Kalaboukis
Subscribe To Everything
You’ve heard of Dollar Shave Club? The scrappy startup which started marketing by putting ironic videos on social media which spoke directly to the burgeoning millennial male who just had to shave every day? Sick and tired of the Gillette/Shick c…
November 12, 2020 | by Chris Kalaboukis
Pace of Innovation – The Ultimate Competitive Advantage
When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. While all of these are still extremely desirable assets, they no longer guarantee a sustainable competitive advantage for most companies. […]
November 12, 2020 | by Chris Kalaboukis
Interview with Stefan H. Thomke, Author of “Experimentation Works: The Surprising Power of Business Experiments”
I had the opportunity recently to interview fellow author Stefan H. Thomke, the William Barclay Harding Professor of Business Administration at Harvard Business School to talk with him about his new book Experimentation Works: The Surprising Power of B…
November 11, 2020 | by Chris Kalaboukis
Frugal Banking: An Opportunity to Create Customer Value in the Future?
Investments that are necessary to innovate and serve customers are no longer sustainable while COVID-19 hastens the need to exploit the potential of digital innovations. Serving customers accurately during unprecedented times requires a new mindset and…
November 10, 2020 | by Chris Kalaboukis
Innovating During Times of Uncertainty
Times of crisis force us to think differently as entrepreneurs and leaders within our organization. As many of the systems we used just months ago become antiquated, it is critical to develop new pathways to move forward. Embracing innovation is key. Here’s how you can push yourself out of the comfort zone and explore unfamiliar…
The post Innovating During Times of Uncertainty appeared first on Innovationedge.
November 10, 2020 | by Chris Kalaboukis
Agile Development for Manufacturers: The Emergent Gating Model
Agile is employed within Stage-Gate for new-product development by manufacturers with positive performance results; but must be adjusted from the software version of Agile – the result: the emergent Agile-Stage-Gate hybrid model.
The post Agile Develop…
November 9, 2020 | by Chris Kalaboukis
Execution Matters, But So Do Ideas
You’ve probably heard a variation of this quote a thousand times: Ideas don’t matter. Ideas are a dime-a-dozen. Execution matters. This statement, like Schroedinger’s Cat being both dead and alive, is both true and not accurate. Execu…
November 9, 2020 | by Chris Kalaboukis
What is a Virtual Innovation Lab?
The Virginia Department of Transportation created their own Virtual Innovation Lab, where they collaborate to solve problems related to remote work, engineering topics, safety, and more with the help of their entire distributed workforce. Learn more in…
November 6, 2020 | by Chris Kalaboukis
Introduction to Game Theory
Game theory is a theoretical framework for conceiving social situations among competing players. In some respects, game theory is the science of strategy, or at least the optimal decision-making of independent and competing actors in a strategic settin…
November 4, 2020 | by Chris Kalaboukis
Consumer Goods Sales & Marketing Summit
Innovationedge’s Cheryl Perkins is the Chairperson for this year’s Consumer Goods Sales & Marketing Summit.
The post Consumer Goods Sales & Marketing Summit appeared first on Innovationedge.
November 3, 2020 | by Chris Kalaboukis
Healthinnovations- Latest Innovative Health & Medical News
Michelle Petersen is the founder of Healthinnovations, having worked in the health and science industry for over 21 years, including medical and scientific posts within the NHS and Oxford University. She has held positions in the field, working in priv…
November 2, 2020 | by Chris Kalaboukis
Peering Into the Spaces In-Between
In the Intellectual Property space, we have a service that exists solely to generate product ideas that may never see the light of day. This is called “Targeted IP Generation.” These ideas need to be designed from the ground up to not be cu…