Business Innovation Archives - Page 2 of 6 - Executive Street

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.

Innovation Balancing Act

Innovation Balancing Act

On June 15th of this year, Nik Wallenda became the first person ever to walk across the roaring Niagra Falls on a 2-inch wire.

After Read More

How to Measure Innovation

How to Measure Innovation

Innovation is ultimately about Return on Investment. It’s critical to use leading and lagging Key Performance Indicators, and observe and measure time spent on each Read More

Supporting the “R” in R&D

Supporting the “R” in R&D

When it comes to Research and Development (R&D), a majority of the new product development process involves the “D” from concept to launch. However, the Read More

Challenging Open Innovation

Challenging Open Innovation

Open Innovation is an effective method for gaining ideas from outside an organization, but in order to achieve long term sustained Innovation, companies need to Read More

Innovation Myths Debunked

Innovation Myths Debunked

Innovation is key to a company’s survival, regardless of the size or type of organization. But there are many myths and common misconceptions when it Read More

Gauging Your Organization’s Innovation Training and Coaching Program

Gauging Your Organization’s Innovation Training and Coaching Program

For creating a company culture and mindset focused on innovation, it starts with proper training and coaching from the high ups of an organization. Read More

Peernovation

Peernovation

I read once that “innovation is creativity realized.”  I wish I could remember where I read it and who wrote this statement, but it squares Read More

[Podcast] The 5 Key Practices for Discovery Driven Growth

[Podcast] The 5 Key Practices for Discovery Driven Growth

Rita McGrath, a Professor at Columbia Business School in New York, is one of the world’s leading experts on strategy in highly uncertain and volatile Read More

Innovation is Creativity x Risk Taking

Innovation is Creativity x Risk Taking

Innovation is impossible to achieve without taking a necessary amount of risk. In a world where the success rate of new product entries in the Read More

Get Your Peer Group Out Once In A While

Get Your Peer Group Out Once In A While

Whether your peer advisory group meets in the same location each month or you rotate your meeting locations by allowing different members of the group Read More

New Intellectual Property Exchange Streamlines Patent Trading

New Intellectual Property Exchange Streamlines Patent Trading

In the research and development industry where innovations build on top of other innovations, obtaining patents to protect intellectual property is of the utmost importance. Read More

Where does Innovation Come From?

Where does Innovation Come From?

Let’s face it, most entrepreneurs are impatient and restless. Within the process of strategic planning, they tend to be dissatisfied with incremental improvements.  Most seek Read More

Innovation and the Individual

Innovation and the Individual

Although we need teams to make things happen, innovation can occur on an individual basis. For an individual to create innovation, he or she must Read More

What Do Innovators Have in Common?

What Do Innovators Have in Common?

In the Innovator’s DNA we discussed whether innovators are born or made. Research has shown that creativity is not a genetic predisposition but a result Read More

Innovation: 3M’s lessons to be learned

Innovation: 3M’s lessons to be learned

While Apple is often the most highly touted company for its innovation success, 3M is a global innovation company that has remained under the radar Read More

Finding and Applying Serendipitous Innovations

Finding and Applying Serendipitous Innovations

Innovation is all around us, and if you see it, observe and learn from it so that you can use the idea elsewhere. A classic Read More

Five Key Innovation Questions to Ask

Five Key Innovation Questions to Ask

There are plenty of reasons to innovate. Especially now more than ever before, sustained Innovation is the means to developing marketplace showstoppers that lead to Read More

Creativity Does Not Equal Innovation

Creativity Does Not Equal Innovation

Innovation and Creativity are words that are at times used interchangeably in the research and development process, but they have two distinct meanings. While creativity Read More

Emotional Innovation: How to Grow Your Business through Creativity

Emotional Innovation: How to Grow Your Business through Creativity

When dealing with people, remember you are not dealing with creatures of logic, but with creatures of emotion.

- Dale Carnegie

Harold Clurman, a pioneer Read More

Three Issues that Stifle Innovation, and How to Overcome Them

Three Issues that Stifle Innovation, and How to Overcome Them

As an innovation leader, you know how important a culture of sustained innovation is to the survival of your organization. However, there are many factors Read More

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MOTIVATE Your Inner Innovator: Kickstarting Growth in a Stale Economy

Many organizations have enjoyed continuous growth despite the challenges of the current economy. The problem is, the genesis of their organizational growth has been driven Read More

Managing the Uncertainty of Open Innovation

Managing the Uncertainty of Open Innovation

One of the hottest topics in business management today is open innovation. The concept uses an open business model for companies to “co-innovate” with Read More

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DON’T Rest Easy … Change It Up Before You Hear: ‘Checkmate!’

Customer attitudes, preferences, and behaviors naturally change over time. But in the last few years — given the enormous economic and political uncertainties we now Read More

Top Ten Tips for Selling Your Idea to Executives

Top Ten Tips for Selling Your Idea to Executives

Besides possessing creativity and resilience, the best innovators are the ones who can effectively communicate and “sell” their ideas to upper management. Innovators often have Read More

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What Comes After ‘Start-Up’? Building a New Strategy for Innovation

[EDITOR’S NOTE: Vistage Connect contributor David Shedd wrote this three-part series in response to issues raised for an virtual CEO peer session on entrepreneurship Read More