Steve Jobs as a leader offers a simple set of lessons on innovation: You need to accept failure as part of the process; have a tight focus with clear and simple goals; ensure leadership takes ownership of the entire process, to think ahead of the current industry; and have high standards.
Failure Is A Part Of The Process
Jobs is praised as the father of modern consumer computing, and he deserves an enormous share of credit for shepherding the internet out of desktops and into our pockets and backpacks. He was either delivering on the promise of sectors that had…
Innovation and creativity are two things that are necessary in order for teams to operate well in the workspace. Especially, when they are involved in collaboration, brainstorming, and ideation, innovation is critical to your success.
You would think that innovation would falter when people transitioned to working online, and sometimes while working remotely people can feel disinterested or uninvolved in their workplace. When they manage to integrate the proper collaboration tools, however, they find that working from home actually sparks innovation.
Shark Tank has been around in some form or another since 2001, with the Japanese series “Money Tigers.” Yet the basic concept is simple: Entrepreneurs pitch their idea to a panel of investors, who will pick their idea apart before deciding whether or not to invest. Usually, a dollar amount is set for a small but significant percentage of the company.
It’s highly entertaining, of course, even if you’re not studying innovation. Yet, when it comes to innovation strategy, the show can teach businesses quite a bit about how to refine and launch ideas.
Getting on the show is, on…
While creativity is central to any innovation strategy, it doesn’t come on tap. Even those who make their living by thinking up new ideas can struggle at times. Drawing from the research behind our infographic, here are eight activities that promote creativity that you can do right now.
Taking a walk, doing some yoga, going for a bike ride, all of these have been found to make you more creative. It’s especially true if it’s a type of exercise you do regularly, but why?
Studies have varied on the topic, but the best answer appears to be that it sets…
Innovation is an ongoing process. It draws on existing principles and new ideas to effect positive change.
As organizations find new ways to reach customers, they need to embrace new business processes. High value is placed on the customer. Research shows 86% of buyers will pay more for a positive customer experience, making it one of the most important aspects of a business.
Successful innovation requires strategic planning and idea management. In the latest episode of the Idea Nation podcast, hear how one South African company’s past innovations inform their present and future.
Stratnovation Consulting is an African strategy and…
Innovation requires both ideas and data. Our infographic explores when you should collect data with surveys versus developing ideas with crowdsourcing. You’ll need to consider your needs for communication, types of data, and what resources and value you might find with both techniques.
Product innovation moves companies forward. It helps leaders collaborate to drive change and promote growth.
Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. In a recent article, executives report moving 20 to 25 times more quickly than in recent years on improving business processes. Here’s how one company developed a future-forward plan to integrate its disparate brands through idea-sharing.
Who is SNP?
SNP provides global solutions to organizations undergoing digital transformation. Through flexible solutions, enterprise customers can transform the most complicated SAP landscapes using automation while saving time.
With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It
seems like new innovation types arrive to the scene all of the time, leaving people who’ve been in the field for a long time scratching their heads as they reach for Google to quickly get up to speed. Whether you’re new to innovation or have years under your belt, this simple guide that explains the different types might help.
Innovation comes in all forms. If you’re looking for inspiration as you develop your innovation management strategy, these five young innovators offer solutions to common innovation struggles.
The human body doesn’t react well to foreign objects implanted in it, even if those objects are helping. Over time, medical implants have to deal with the “foreign body effect,” where the object is contained within a wall of scar tissue to “protect” the body from this “intruder.” Fixing the problem often involves either immune system suppressants or more surgery, both of which can raise the risk of using an implant…
It would seem that the innovation process is simple: Get an idea, refine that idea, implement it, and repeat the process. Yet like anything that’s simple to put on paper, practice is another matter. Here are five common problems with the innovation process and how to resolve them.
Challenges in “Buy-In”
This, by far, is the most common challenge faced across companies. It reflects a mix of culture, motivation, and misunderstanding that can weigh down innovation processes like a stone.
The most common summary of this problem comes down to the phrase, “This is the way we’ve always done it.”…