Beyond the Great Idea: November Roll-Up

Filed Under Innovation

How to Manage Global Innovation
Arwen Heredia

December 2, 2013

During the month of November, we went beyond having great ideas and dug into the specifics of turning them into repeatable processes, the science and data behind viable initiatives, and making innovation management successful.

In case you missed them, or just want a refresher, check out our favorite articles below.

3 Ways Perfectionism Kills Innovation

So much of the trepidation around innovation and creativity comes from the fear of screwing it all up. The anxiety of entertaining the idea that whatever you’re thinking about or working on will blow up in your face, or wreck your career, or make you look like a total idiot. You’re scared of appearing flawed or vulnerable, or showing off an idea that everyone else will gleefully drag through the mud — basically, it’s the fear of not being perfect. And the truth is, when you’re preoccupied with being perfect? You can’t innovate your way out of a paper bag.

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The Science of Innovation: 4 Ways Big Data Informs Innovative Processes

The big data movement has touched every industry and domain. The world is a sea of information, continuing to grow at an astounding rate — in fact, IDC forecasts a 44-fold increase in data volumes between 2009 and 2020.

Analyzing and synthesizing insights from this data, both structured and unstructured, leads to better decision-making, greater operational efficiencies, cost reductions, and growth via new business opportunities. The same is true in the domain of innovation — fully understanding and extracting actionable insights from your innovation program enables adjustments, and ultimately, greater outcomes.

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3 Proven Ways to Make Innovation Repeatable

With data pouring in from around the world confirming the strategic business value of innovation management, it’s hard not get caught up in the rush to implement a new process, and implement it now. But a haphazardly stitched-together approach is a surefire way to set yourself up to repeat tasks, not establish repeatable innovation.

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Moving Innovation From an Outcome to an Enabler

The call for organisations to be innovative is becoming deafening. Everywhere a CEO looks, people are asking about the next big thing, wanting to know how they’re solving problems, and how they plan to make the most of the opportunities in front of them. It’s hard to ignore the noise, and so one-by-one, executives are starting to accept and understand that they have to be innovative to keep their business relevant and successful.

Great start – but what’s next?

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The Rise of the Intrapreneur: Innovation and the Enterprise

Amongst all the talk about why innovation is important, or how every CEO worth the title is “placing a premium” on innovating, it’s increasingly difficult to unearth nuggets of applicable information and strategy.

This is especially true when we talk about connecting efforts with the enterprise. And it isn’t that organizations can’t come up with enough innovative ideas — they are, in droves. But why is there such a disconnect between great ideas and the bottom line? How can companies move past execution hurdles, put the right tools in place, and stop scrambling for competitive advantage?

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The 10 Commandments of Repeatable Business Innovation

As businesses hop aboard the repeatable innovation train, it’s imperative that leaders get a few things straight from the get-go. If you’re going to do innovation right at your company, you’ll need to do more than just implement a few changes. You’ll need to acknowledge the possibility that your efforts aren’t panning out because you’ve been going about innovation all wrong, all along. And that’s just the first step.

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Powering an Innovation Challenge: Six Quick Tips for Success

There is power in the phrase “ask and you shall receive,” but sometimes asking is the hardest part. If you can find ways to ask powerful questions, it is amazing what you will receive. With today’s technologies, such as those found in our Spigit platform, it’s easy to bring people together from across different locales, continents, and networks.

Devising a strategy to effectively tap into these networks is important to yielding the best results both from a participation and value perspective. Leverage the power of social networking and crowdsourcing to “ask” your people to contribute their ideas and thoughts in tackling your biggest business issues. Regularly launching challenges will provide opportunities to find innovative ideas and approaches to real problems.

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