innovation management
Understanding the Law of the BHAG and What it Means for Innovation
Elbert Hubbard is seen as one of the great writers, philosophers, and artists of the late 1800s. Why is that? He understood that he didn’t attain that status solely because of his intelligence. He was able to share his thoughts with the world because he first set a goal to be the greatest traveling
3 Companies That Got Their Innovation Process Right
From ideation to execution, the innovation process can look opaque. From the outside, it might not seem like much of a process at all. In fact, it can look like a tangled mess of spaghetti with no beginning or end. But how do you pull out the single strand of spaghetti that leads directly to […]
3 Companies That Got Their Innovation Process Wrong
Louis Boone should have included this pearl of wisdom in the university-level textbooks he wrote for marketing, business, and economics courses. His textbooks were the ones that educated many of the world’s current CEOs, CFOs, and other executives. While some of these Boone-trained business leaders
Patience in Innovation: Success Stories From the Front Lines
In a world of on-demand everything and overnight shipping, we’ve all but forgotten what it means to be patient. We’re so used to having the world at our fingertips that it’s hard to imagine, or even tolerate, waiting very long for anything. And unfortunately, we don’t check this attitude at the door
Understanding the Law of Patience in the Innovation Cycle
As humans, we naturally lack patience. This is even more true with innovation. We picture brilliant innovations in our mind and we launch into those projects brimming with excitement and enthusiasm. But as the project wears on, the sparkle of a new idea fades, and the pressures of deadlines, budgets
The Big Mistake: Failing to Support With Proper innovation Resources
If you want to build a company that is a leader in innovation, creativity, and change within your industry, you need to have the proper innovation resources to power it. Money, people, equipment, and time are all critical parts of the innovation cycle. Without them, you will never learn what your bu
Using Resources to Power Innovation: Success Stories
If you truly want to encourage innovation in your organization, you have to dedicate the resources to achieve it. No true innovation can occur in virtual space alone. In order to provide workers with the best tools for innovation, you must commit time, money, people, materials, and equipment to the
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
How to Build a Culture of Innovation
It would be nice if innovation culture happened naturally in your business. Everything would run smoothly, new ideas would be encouraged, and people would work together to communicate clearly, positively, and respectfully. Unfortunately, it rarely happens that easily. Building a culture of innovatio
Goodbye HP
Earlier today, I announced that I will be retiring from HP. This is not the traditional retirement. I’m not planning on spending my days playing golf or sitting around the house driving my wife crazy. I have far too much passion, energy and ideas to sit on the sidelines. My definition of retirement
