Business Innovation Archives -  Vistage Executive Street Blog

Innovation keeps your business competitive. Stagnant companies cannot last. The Business Innovation category is dedicated to providing insight into how you and your company can sustain innovation.

The Innovation Dilemma

The Innovation Dilemma

According to Yahoo! Finance columnist Rick Newman, “Seems everyone talks about innovation, but not everyone knows what it means.”  Today, at the Vistage Executive Read More

Brian Solis and the Kodak Moment

Brian Solis and the Kodak Moment

During the early ’90s, commercials which defined life as a series of “Kodak moments” sold the importance of capturing those oh so precious snapshots of Read More

A Pinch of Poison in Your Company Culture Can Be Deadly

A Pinch of Poison in Your Company Culture Can Be Deadly

What do high performing company cultures and successful television shows have in common? Just about everything – minus an Emmy and the drama… hopefully.

Both Read More

Forecasting Innovation: Observe and Measure for Future Success

Forecasting Innovation: Observe and Measure for Future Success

When creating and forecasting innovation, it is vital to set metric goals and track these metrics. One of Robert’s Rules of Innovation, Observe and Measure Read More

5 “Next” Practices for a Culture of Innovation

5 “Next” Practices for a Culture of Innovation

Have you heard? Innovation is the key to future success!

Right…as it’s stated in approximately 275,000,000 sources – safe to say it’s obvious.

What is Read More

You’re a Success! Now, How Do Leaders Avoid Being Complacent?

You’re a Success! Now, How Do Leaders Avoid Being Complacent?

If you’ve worked hard, paid your dues and met success, congratulations on having the discipline, tenacity and perseverance to overcome obstacles and forge ahead. But Read More

Innovation: Insights to Invoices

Innovation: Insights to Invoices

Yesterday, Sekou Andrews offered a wonderfully simple, yet brilliant definition of innovation as no else could – “Insights to Invoices!”  Using his signature poetic voice Read More

Tips to Solving the Business Mid-Life Crisis

Tips to Solving the Business Mid-Life Crisis

Classic Bob Dylan, “He not busy being born is busy dying.”  Companies are challenged every day to grow or die. The odds are against Read More

The Innovation Diet

The Innovation Diet

Marshall Goldsmith, author of dozens of books including What Got you Here, Won’t Get You There, once quipped that as popular as his Read More

Innovation, Innocence and Wisdom

Innovation, Innocence and Wisdom

This past week, we held the first in a series of 20 events that will crisscross the country in 2014 called the Vistage Executive Summits: Read More

Accountability Supports Sustainable Innovation

Accountability Supports Sustainable Innovation

Without risk there can be no innovation, but what happens when success is finally achieved?  In order to have sustainable innovation,  it must be driven Read More

Operations and Sustainability: 5 Tips to Improve Both

Operations and Sustainability: 5 Tips to Improve Both

Sustainability principles can be embedded into every function in a company to provide value.  This posting examines how sustainability can drive more value from company Read More

Reframing Your Innovation Strategy in 2014

Reframing Your Innovation Strategy in 2014

Innovation “strategy” is no longer king. In today’s business world, uncertainty is virtually inescapable. It goes without saying that without risk, there can Read More

How Consumers Drive Business Innovation

How Consumers Drive Business Innovation

In this podcast, Dr. Richard Curtin, economist and influential researcher at the University of Michigan, defines innovation as Read More

Be Specific to Lead Your Team to Grow Business

Be Specific to Lead Your Team to Grow Business

I love it when everyday life provides a great business lesson. Recently my wife and I learned that our son has Celiac disease. Of all Read More

Do You Put the “No” in Innovation?

Do You Put the “No” in Innovation?

This is a healthy question all leaders should ask themselves from time to time.  Most leaders I know love to think of themselves as innovators.  Steve Read More

Want to Innovate?  Step Outside Your Industry Matrix

Want to Innovate? Step Outside Your Industry Matrix

As part of my exploration into the topic of innovation, I came across some notes I had written about a TED talk from 2008 by Read More

Innovation Begins by Asking the Right Questions

Innovation Begins by Asking the Right Questions

When a product falls flat in the marketplace or a new process misses the mark, it’s highly likely that the solution wasn’t necessarily bad.  It’s Read More

How to Go Mobile with Your Own Business App

How to Go Mobile with Your Own Business App

Everything is going mobile these days, including businesses. A report by AppDirect found that companies are increasingly creating mobile apps as a way to reach Read More

Innovation is About Risk and Failure

Innovation is About Risk and Failure

Last week at my Vistage meeting, I had the good fortune of hearing Gustavo Grodnitsky speak on the topic of understanding and motivating the millennial Read More

How Do You Define Innovation?

How Do You Define Innovation?

The dictionary offers a rather unsatisfying definition of innovation.  You’ll find phrases such as “something new or different being introduced” or  “the creation of new Read More

Get your House in Order to Nurture New Product Development

Get your House in Order to Nurture New Product Development

It is all about proper planning, communication, and execution in order to make an idea work or for sustainable innovation to happen. Implementing innovation depends Read More

12 Days of Innovation: May You Stay Inspired in 2014!

12 Days of Innovation: May You Stay Inspired in 2014!

The season of eggnog and ugly sweater parties is here… threatening to slow momentum for even the most dedicated and business minded among us.  To Read More

The Sharp Edge of Innovation: How to Transform Your Marketplace

The Sharp Edge of Innovation: How to Transform Your Marketplace

It is no hidden secret that innovation is a necessity to compete in today’s marketplace. Often hailed as the Holy Grail for which every organization Read More

Innovate or Evaporate: Does Innovation Live in Your Organization?

Innovate or Evaporate: Does Innovation Live in Your Organization?

Where does innovation live inside your organization?  Is it rare, or does it thrive inside of your organization and in all relationships with employees and Read More