Idea management – Are you engaging your most creative resource? Organisations rarely evolve optimally. More often than not organisations layer new processes on top of old ones and are stifled by legacy practices. It is the people who work in your organisation who are impacted most. They come to work with the skills, knowledge and
Innovative organisations are defined by their ability to deliver market changing products and services rapidly. Small entrepreneurial start-ups do this naturally because they have no choice, but established organisations sometimes need reminding of the best practices that will improve their innovation capability. Here are 5 attributes of innovative organisations, there are others, but these 5
Innovation can bring the world tremendous technology, inventions and products. New inventions never cease to amaze and excite me, that’s why I became involved with innovation in the first place. I remember watching ‘Tomorrows World’ on BBC TV in the 1980’s with wonder and excitement as a child. I imagined a high technology utopian future
In recent weeks there has been much speculation in the area of crypto-currency with the price of Bitcoin hitting a high of around $20,000 before correcting 50% to the downside. These huge swings in various crypto-currencies detract from the underlying blockchain technology and it’s potential utility in a variety of business applications. Customer Loyalty is
More companies fail due to lack of innovation, more will follow. It’s a sad and cold week for the employees of Toys R Us and Maplin. As the administrators are called in it is worth reflecting on the failure of these businesses to see if lessons can be learned elsewhere. BBC news notes that Toys
Becoming a better innovator is a soft skill that is often overlooked by HR departments and interview panels and yet it is something many organisations promote in their advertising and PR. How can you, as an employee, a manager or an executive become more innovative and contribute to your organisations innovative aspirations? For the purpose
Forget Bitcoin as a technology. As a pure cryptocurrency it’s primary purpose as a replacement for other currencies is somewhat flawed. As a pure technology it would never stand the test of time as a currency if protecting your wealth against inflation is an argument. What happens when another better technology comes along. There are
At the beginning of the year we often consider how we can transform ourselves. But how do we transform our business to become more innovative? Here are 5 Innovative new years resolutions for your business: 1. Make goals – Starting the new year many organisations re-examine their strategy and goals. Innovation should not be omitted
Seven ways to create an innovative culture Many businesses profess to having an innovative culture, but how do you go from a culture of ‘doing it like we’ve always done it‘ to taking some risks and and doing things differently? Here are seven approaches that can be used in organisations that will start to move
The FT this week highlighted the plight of some organisations innovation efforts, delivering more gimmicks and novelties than real world ideas that transform the bottom line and offer customers a new way of doing things. Read more here; https://www.ft.com/content/a3357dfe-cbb4-11e7-8536-d321d0d897a3. The article goes on to explain how collaboration is the driver behind real world innovation, but