You are here

Innovation

Innovation is at the heart of any great business. But how do you know which ideas are worth pursuing? These articles will show you how to harness creativity in your business and how to keep innovating and trying new things. You'll learn how to stop wasting time and why failure can be positive. 

A practical guide to brainstorming

Venuri Siriwardane of Inc.com shares some advice on running a brainstorming session and encouraging an open flow of ideas to spur innovation.

Assembling a more creative workforce

If you want to build an innovative company, you had better make it your business to find employees who think outside the box, says Inc.com, as the online business journal shares tips on hiring for creativity.

How to boost game-changing innovation with executive workshops

On Bloomberg Businessweek, Jeneanne Rae offers advice on driving innovation through conducting executive workshops, which she insists are far more productive and effective than basic brainstorming.

Why avoiding conflict can make it harder to get buy-in for your idea

On his HBR.org blog, John Kotter puts forward the theory that conflict can actually help in getting an idea accepted.

This will come as a surprise to leaders who put such a high value on consensus that they feel an urge to complete agreement on everything.

Stop wasting time and innovate

One way to become more innovative is to stop doing all the things that are wasting your time and sapping your energy, say G. Michael Maddock and Raphael Louis Vitón of Bloomberg Businessweek.

Exploding the myths of innovation

On the MIT Sloan Management Review website, Julian Birkinshaw, Cyril Bouquet and J. L. Barsoux dispel some popular myths regarding innovation in the modern business environment, pointing out that there is much conventional wisdom that no longer applies.

How to make your company’s products more competitive

Competition among global product makers is currently being reshaped by the rising tide of prosperity in developing economies.

What happens when innovation fails?

How do you deal with failure? Say, your startup company flounders, or your new product flops, or you simply get fired?

That’s the question posed by Whitney Johnson, writing for the HBR.org Blog Network. She admits that her initial response to failure is despondency and pessimism.

Why big firms struggle with innovation – and what they can do about it

Large, mature corporations are designed around the execution of delivery, rather than the art of discovery. For that reason, they don’t excel at innovation. They are driven by profit and efficiency, which tend to get in the way of innovative developments.

How to sniff out the best ideas

Creative people can detect at an early stage the ‘smell’ of a new idea - this motivates them to pursue and develop that idea.

Mastering complexity in management

Do you feel that your work as a manager is getting more and more complicated? You are almost certainly right.

How long can you wait for the benefits of change management or innovation?

If the benefits of a new idea will start to come through in six years’ time, and the full benefits in 20 years, is that idea likely to be implemented?

Turn a business concept into business success

Whose business is it in an organization to look for ‘concepts’?

Because concepts can occur to anyone at any time, it is everyone’s business to look for concepts. Like many things that are ‘everyone’s business’, concepts end up by being no one’s business. Of course, corporate strategy teams do a lot of concept thinking.

Turning ideas into income

Innovation is widely considered to be the best approach for extracting maximum value from assets old and new. In the high-growth ICT sector, where markets are world-wide, barriers to entry are low, and there is always a small start-up waiting to take over, innovation may well be the best approach for long-term survival.

How to focus and get more creative in two easy steps

There are some people who always seem to be starting new projects.

These projects are not always very sound and not even particularly creative. The point is that such people seem motivated to be proactive, whereas most people seem to be reactive.

Parallel thinking: the six hats method

The use of the Six Hats method is now growing rapidly around the world. Those who have become familiar with the method look back at argument as crude, primitive and ego-driven.

Why there is no alternative to teamwork

Teamwork is one of the rallying cries of the new management.

Renew your strategy - or die

You don't change for its own sake - you change to realise the strategic vision.

Lateral thinking: Edward de Bono's PO

One of the most important weapons in the armoury of the lateral thinker is another invention of Edward de Bono’s - PO.

Challenge is of the essence of lateral thought, and the meaningless word PO is a meaningful way of challenging a statement or idea. Edward’s seminal book on lateral thinking contains the following very useful guide to the grammatical use of PO.

When new ideas produce business success

Ordering some books for my American grandson’s Christmas present, I remembered that my bookseller, Amazon, had played a most significant part in both the reality and the folklore of electronic revolution.

Developing new business ideas

Husband and wife team Andrew and Mary Bragg have written an unusual and highly effective guide to ‘Developing New Business Ideas’. As you would hope, the book is full of unusual and effective approaches. For example, the authors, like most writers on cerebration, tell you about the right brain (intuitive) and left (logical) which determine your thought patterns.

Ten innovatory ideas

Here are ten steps to help innovation...

Pages

Subscribe to Innovation