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.”…
Crowdsourcing can influence innovation. According to a 2017 survey, 86% of companies who incorporate crowdsourcing in the workplace cite employee engagement as a top priority. This gives everyone an opportunity to share ideas about the issues that affect them.
Data gathered from IdeaScale’s innovation communities provides benchmarks and insights for innovators creating new crowdsourced innovation programs. It answers questions such as:
What the Numbers Tell Us
When you’re an innovator, you’re constantly looking for inspiration. This is because a big part of being an innovator is being a researcher — someone with continuous learning on their mind. You’re looking for opportunities in adjacent spaces, emerging trends, testing out new technologies, etc. A great place for inspiration and information is the podcast realm where people are constantly publishing content around different parts of the innovation world: ideas about creativity, about how to make space for innovation in work life, how to think about new technologies and what makes an innovation program successful. …
Overview: Sustainability approaches and innovation strategy go hand-in-hand, yet too often are seen as separate targets. The two need to be reconciled, especially as hitting necessary sustainability targets will be key to future business. Brands need to reframe the narrative, find value in sustainability, incorporate it into larger operational goals, make it part of the upgrade and repair cycle, and create a circular innovation process to constantly build on successes.
Sustainability, ESG, and Innovation
Sustainability and the broader topic of Environmental, Social, and Corporate Governance (ESG) are often viewed as either marketing initiatives or related to a larger social aspect…
Innovation is an integral part of building for the future. The city of Westminster, Colorado, generates value to citizens by directly involving them in the process.
As the seventh most populous city in CO, Westminster’s downtown is almost equal distance between downtown Denver and Boulder. During the 2000s, it was ranked one of the top 50 places to live in the U.S. With a population of 117,832, the citizens take pride in the city’s economic development.
As everything goes remote, virtual conferences are becoming more common.
One of the central curiosities of the COVID-19 pandemic is that innovation festivals have had to show some innovation themselves. However, that also means that some of these conferences are in flux, with some speakers still being locked in. And you should keep a close eye on the potential in-person summits as they’re subject to change. Here are some to look out for.
Innovation Roundtable: Monthly Series
Normally, the Innovation Roundtable’s event convenes presenters from around the world. Needless to say, that’s had to change. …
Brainstorming is an important part of innovation. This initial process of gathering information often leads to idea generation.
Companies need a way to increase growth on an ongoing basis. One study revealed 42% of organizations who are fast innovators are also strong game-changers. Regularly brainstorming directly contributes to how you innovate.
Whiteboards are often used to brainstorm ideas, but there are other tools to consider. This is especially relevant if your sessions are virtual. Here is a list of tools your organization can use to facilitate idea creation.
Document collaboration is a great way to brainstorm ideas. Start…
Agile Transformation is where behaviors evolve, and decisions improve to reach success. The journey involves acting on learning to create positive experiences.
The Agile Transformation journey is one of triumphs and obstacles. Both result in important lessons. Understanding agility is the first key to making it happen.
Many companies see the need for agility and are tailoring their methodology. Research shows 46% of organizations use or have used some form of an agile approach in the past year.
What Is Agility?
Traditional organizations are static, relying on what has always worked before to carry them through. Agile organizations recognize the…