I recently had a follow-up conversation with a judge at the Hult Prize and we got talking about innovation. My current work has been on Scaling, now put into book format (available at startscaling.com). Scaling is highly relevant for innovation. I consider innovation to be the process of developing new things that deliver value. The key is delivering value. […]
Continue reading“How Useful is a Suggestion Box?” – a response
I noticed a recent post from TradingMarkets.com on the old fashioned suggestion program. The article is quite good – and I posted a response online (below). Mark Turrell: “Thanks for revisiting the age-old suggestion box! I wrote a white paper about technology was replacing the dreaded dusty old box-with-a-padlock. My firm, Imaginatik plc, was one […]
Continue readingBad Case Study of Open Innovation: Brightidea Customer Feedback Portal
Innovation is all about the process of doing new things that deliver value. Open innovation is about innovation with people outside the firm’s walls. Good Innovation processes are vital. Bad innovation processes – especially for Open Innovation – are deadly. Let’s look at an example: Brightidea. Before I get into the detail, I’d like to […]
Continue readingIdea Management Market: New Branch of Competition
I came across a news alert on “idea management” today from a vendor I had not heard of before: Gensight Group. Their press release covered the release of its new Version 8 software for Project Portfolio Management, that included an idea management toolset. I have not had the time nor the inclination to do a […]
Continue readingComment on Brightidea post: annoying web site did not let me post properly
Don’t you get really annoyed when you have a great comment to make to an article… but the web site is bust and doesn’t accept comments. Well, once again this has happened to me, but instead of just getting upset, I’ll post a link to the article here, and my comment below. Great thoughts should […]
Continue readingMy Take-Aways from Sway: Rationally Sharing my Insights
I really like the story-telling genre of books, typified by Malcolm Gladwell (Blink, Tipping Point, Outliers). Sway (Ori Brafman & Rom Brafman) is another book in the same category, and a good one. The stories are helpful to bring the insights to life, and the insights are powerful to bring life… to life. I wanted […]
Continue readingImaginatik’s Innovation Top 10 for the Downturn
How can you take ‘innovation’ – the process of doing new things that deliver value – and make use of it during a downturn. If your organization is defocusing on innovation, all is not lost. Here are Imaginatik’s Innovation Top 10 for the Downturn. Use innovation and idea management tools and processes for cost reduction. […]
Continue readingSix-short cuts to innovation… or not…
I came across a recent article on the Six Short-Cuts to Innovation on the BNet UK site, an article written by Jo Owen. In the articlem the author proposes that one does not need fancy innovation tools, systems, but one can by-pass anything looking like hard work by following six simple rules: 1) Copy an idea […]
Continue readingMyth #3: “We need lots of ideas”
This is one of the most pervasive of the Top 10 Myths of Idea Management, the notion that in order to get good ideas, you need to start with lots and lots of ideas, good and bad. This myth stems from the work of advertising guru, Alex Osborne, in brainstorming in his 1953 book, Applied […]
Continue readingMyth #2 “People need money before they will share their ideas”
Motivation is a critical component of any innovation program, particularly in Enterprise Idea Management. There is a belief, misplaced in my experience, that financial rewards are the primary motivation for contributions, and the absence of any financial reward will lead to poor uptake of a program. Once again, this is one of the Top 10 […]
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