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.
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
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
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
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 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
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
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
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 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
[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