ideas
What Customer Segments Will Emerge In 5 Years
With any radical idea you will see the corporate antibodies come out of the woodwork, giving all the standard reasons why the idea will “never happen.” Remember, the fundamental assumption of the corporate antibody is that the future will be the same as today. Your customers are going to change.
10 Ways to Unleash Your Creativity Today
If you want to make your business as innovative as possible, you need lots of creativity and ingenuity. But how do you harness these qualities? Many people struggle to come up with creative new ideas or to think in untraditional ways. Here are some clear and actionable techniques to unleash your cre
What Innovation Resources Are Needed to Thrive?
You can’t make a return if there’s no investment of resources. This is true of every business venture, and it is even more true when it comes to innovation. But innovation isn’t easy. It can tempt for many businesses to focus on innovation and instead encourage steady, incremental growth, which is l
Innovation Culture: What Does it Mean and Why Does it Matter?
Innovation doesn’t happen on its own. If you truly want to innovate throughout your company, you must create a cultural innovation that encourages cooperation, rewards creativity, and fosters a positive working style that creates more opportunities for every individual. Culture is one of the 7 Immut
Innovation in Africa: Challenges and Opportunities
While for centuries, Africa has been seen as the “dark continent,” it is quickly becoming a hotbed of innovation, and smart investors are taking notice. Many challenges remain, but it’s safe to say that the seed of innovation in Africa has been planted. “The best time to plant a tree was 20 years ag
The Top 5 Skills Every Chief Innovation Officer (CINO) Needs
.Innovate or die—it’s a common refrain, and more and more organizations are taking it to heart and proactively pursuing innovation programs rather than waiting for innovation to happen. As a result, it’s becoming more and more common for businesses to have someone in their ranks with the title of ch
200 Years of Great Ideas and Hard Work Led To the Overnight Success of Your Smartphone
As I discussed in a previous post, the basic components of success are the idea, hard work, timing, and maybe a little bit of luck. Here, we’ll look at how that formula worked to create the massive success of the modern cell phone. Success As you walk down the street in any major city in […]
The Recipe for Innovation Success
Success in innovation isn’t going to happen overnight, nor does it happen as a matter of chance. There’s nothing preordained about successful innovation. There are a number of factors that can contribute to the ultimate success or failure of your latest idea, but the basic formula that I’ve learned
A Bizarre New Perspective on Brainstorm
We’ve all been in a meeting where we were asked to brainstorm. The concept is familiar. Everyone involved writes out everything they can think of on the given topic, even if it seems strange, silly, or not quite practical, because sometimes, as we let our brains really run, we come across a solutio
5 Great Reasons to Ask Questions
In a world where customers have access to an almost unlimited number of products when they ask a question on Google, most of which they may not even use, it becomes even more important to differentiate yourself in order to draw attention to what you might offer. How can you make a customer’s life ea
