innovator
Are You an Innovator or an Imitator?
In an age where the latest and greatest technology is just a click away, it's easy to become an imitator. We see something new and want it without considering whether we really need it. We buy into the hype without stopping to think about the implications of our
Why 80 Percent of Innovation Consultants Are Not Worth the Money
This show might come off as controversial to those who are innovation consultants. However, these are my personal views on the subject. Consultants can have a significant effect on an organization for better or worse. We will discuss innovation consultants and why I believe 80% of them are not worth
Innovation Buzzwords
This week, we will do something that's a bit different from our recent shows. We will be discussing innovation buzzwords, things that are often misused inside and outside of the innovation world. Innovation Buzzwords A buzzword is a term that can be technical or specific to an industry
Building a Business That Booms in the Innovation Economy
When Gary Hamel says, “Jump,” businesses ask, “How high?” Hamel is one of the greatest business thinkers of the present day, and The Wall Street Journal and Forbes agree. So when Hamel talks about how both business leaders and their teams need to be engaged in the innovation process in order to thri
The CEO Innovation Dilemma: Creating an Innovation Culture That Works
CEOs across America are facing a critical dilemma: how to keep up in today’s innovation economy. 97% of CEOs agree that innovation has grown increasingly important over the last 10 years, and 73% of those CEOs note that innovation plays an important role in determining the value of a company. The pr
3 Examples of How Poor Business Execution Can Impact Innovation
Many exciting innovative ideas fail. Why? One reason is the poor business execution of the idea. Lee Iacocca has had a few brilliant ideas over the course of his career. He spearheaded the development of some of the most classic Ford cars, like the Pinto and the Mustang, which is just one of the man
How to Create a BHAG That Will Motivate Your Team and Drive Innovation
The ‘Dean of Personal Development’, Earl Nightingale, earned his name through the excellent advice he gave out in speeches, in his books, and on the radio. He knew how to help people succeed, and he knew that, without a goal, individuals would rarely be able to achieve this success. And this rule is
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
Incorporating The Law Of Patience Into Your Innovation Culture
Over the last few weeks, we’ve looked at the Law of Patience and how either succeeding or failing to implement this important law can impact innovation success. We’ve seen that, all too often, people in business equate patience with negligence. In their minds, patience is the opposite of what’s need
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
