Authors and thought leaders, submit your scholarly and informative articles about innovation. Add them to your Innovative People profile, or submit them independently. Add original articles, or link to content already available on the internet.
With the competition to find talent more intense than ever, the authors report there are six critical factors that companies should use to recruit and keep talent. The article also suggests that the successful recruitment policy is just the beginning of introducing the company’s culture to talented employees. Too often, managing the incoming talent is overlooked and valuable personnel are lost before they begin.
Design driven innovation always considers its audience. Creativity is not in short supply; however, success in innovation is often motivated by a design’s general appeal, not merely its relationship to the designer. Roberto Verganti, professor of management innovation, discusses his theories on design driven innovation.
The co-authors describes the Wiki-technology as it applies to the collaborative service platforms that encourage establishing networks for innovative industries and research and development projects. Before the Wiki-technology can provide collaborative solutions to any number of projects, it is important to understand human interaction issues within the communication technology. Projects that utilize scientific psychological grounds are more likely to succeed than projects who rely upon intuition.
Mr. Serrat acknowledges the important part creativity plays in every sector of our lives. The author favors open innovation to stir the creative mind. Collaboration results in unexpected value. Business, arts and all creative solutions are stronger when they are the byproduct of open innovation, which Serrat believes should be “central to organizational performance.” The startling pace of development knowledge economies can be attributed to the union of creativity and innovation.
What was once new is now old. Innovation is a process in motion. Times are always changing and so are the markets. Great innovators know how to keep in line with the constant changes in consumer needs. Having a flexible business plan is actually the grounding for a innovative company. Leaving some breathing room in your brand’s design will not only allow you to maintain a solid business model, but also grant youa competitive edge. In an article for Harvard Business Review scholar Scott Anthony expands on his theories on innovative business operation and creating your own progressive business structure.
As long as companies are able to achieve the above objectives any inefficiencies in the product development, marketing, and manufacturing processes become irrelevant as the related costs are absorbed. Until recently, the priority has been to invent a new molecule, get it approved by regulatory authorities and get it to market. If profits are threatened, the development of additional and alternate markets is the first choice to regain revenue. With upcoming losses due to patent expirations, we are seeing the start of consolidation, acquisition, and relationships with biotech companies and with companies in the developing countries.
Innovation is desired by many but achieved by few. Keeping an open mind when approaching a problem will lead to more innovative solutions. How to Generate Better Ideas is an article on implementing creativity and landing on a great new concept.
An important analysis of open innovation in the early years. Based upon data collected by the Pratt School of Engineering at Duke University, the pre-recession appetite for open innovation is supported by heavy data and charts. The visiting scholar’s report unveils the myths of globalization and the hard facts that support the practice. Most important is the material stating that the US is far behind in educating its science and engineering graduates. The reality is the corporations are going where the talent is and not in the US.
In order to nurture innovation in the workplace, business leaders need to set an example of forward thinking and open mindedness. By illustrating their vision and encouraging change, strong leadership will drive the threshold of innovative thinking. Take the time to re-evaluate your dynamic creative structure, and open up the communication barriers between the driving minds in your company or business. Paul Sloane, an innovation speaker, provides his top 10 tips for the Innovation leader, offering blatant advice for managers who want to enhance their creative productivity.
An inside look at how Nokia succeeded with its open innovation initiatives to launch its successful sport footwear, it sports tracker, and its GPS products. Nokia’s commitment to both closed and open innovation collaborations has been a model for other competitors and suppliers. Nokia believes their approach to innovation will ensure the company’s future. The company’s open innovation network is called the Nokia Innovation Center Tampere.
The authors discuss their experiences working on open source software. The paper answers the question whether their work was a collaboration of open innovation or a low-cost “reimplementation of existing technology. The software development project concluded that their products were the result of open innovation and open source collaborations.
Designers approach each challenge as if there is unique solution. The approach to creation taken by a design oriented individual is completely different then the business minded, who are all facts and numbers. Designers have the ability to mould the world around them and for that reason we are seeing more bottom line design innovators work their way into the controlling chairs of the companies they have helped build from the ground up.
In a news article posted on the new media design website http://www.triplepundit.com, Lil Tyding, discusses and gives examples of popular Designers that have found themselves holding the controlling reigns. She discusses the possibility of Designer thought, where design innovation becomes business innovation, and why this is the direction of the future.
“...design is not just what it looks like and feels like. Design is how it works.” Steve Jobs. An article demonstrating examples innovative products of the future that never manifested due to their impractical functions.
An examination of the applications and principles of innovation as applied to aspects of Dutch industry. Dutch industries view open innovation as the third component in every business and entertainment management venture. The author identifies the biggest challenge for companies that have traditionally maintained a high degree of external security.
An early but very relevant paper published in the Journal of Business Chemistry. Many of the science-based companies and especially the chemical laboratories operate in a tightly monitored closed innovation environment. In this paper, the authors provide solid reasons for chemical companies to convert to open innovation platforms. Companies have come to realize that there are practical and financial realities that make open innovation more effective for long-term research.
Innovation is becoming an increasingly open process thanks to a growing division of labor. One company develops a novel idea but does not bring it to market. Instead, the company decides to partner with or sell the idea to another party, which then commercializes it. To get the most out of this new system of innovation, companies must open their business models by actively searching for and exploiting outside ideas and by allowing unused internal technologies to flow to the outside, where other firms can unlock their latent economic potential.
Innovation is everywhere. What is real innovation? Originally innovation was reserved as a business term for change, how can a company change and grow? Typically when we hear about innovation with think about the re-invention of a brand. “Real” innovation is the principles of systematic innovation. It is about applying the innovation ideas to their full benefit. In business it about utilizing new ideas to their full potential. When it is properly performed “Real” innovation should harbor the best quality and the highest level of productivity. It is the strategic use of of innovation to further development.
When Henry Chesbrough puts pen to paper, innovators would do well to listen. In this paper, the authors show the successes companies like Lucent, 3Com, IBM, Intel and Millenium Pharmaceuticals have had gathering ideas from other corporations. These companies found that reaching outside the business was more effective than pouring money into research that had already been performed by other institutions. The co-authors document the practices that work and the practices that seems contrary to open innovation collaborations.
In a thorough review of the main principles of the creative process, Dr Stephen Sweid discusses the main points of discovery thinking. He recommends some techniques to stimulate creativity that can be applied in group and personal innovation ventures. This entails defining and simplifying the process of invention in an excellent overview of original conceptualization. This is a must read article for a creative innovator beginner and a great review for veterans.
A Survey of Organization Creativity is the results of a 2005 survey regarding various industries' implementation of open creative processes in the workplace.
A step-by-step presentation of the Georgia Merit System’s process to develop a smooth transition in the public sector. With 60 percent of the public sector expected to retire in 2006, this booklet has meaning to private and public entities who are facing a transitional workforce. Supported with flow charts and tables, this work is informative.
Although published in 2004, this is a relevant article for businesses who seek to build an open innovation team in a time when open-minded talent is in demand. The white paper begins with the assertion that in the early 1900’s only 17 percent of a company’s workforce required the knowledge necessary to grow the business. Today, that figure has surpassed the 60 percent mark. A McKinsey report in 2000 stated that managing the talent pool is one of the top three challenges facing successful businesses.
Today’s competitive business environment requires organizations to buy into the ideals of innovative thinking. Companies should be investing in the development of innovative cultures. By understanding the four stages of the creative process, leaders will be able to better understand the process of forward mindedness. Also, when they implement the five business practices that create these cultures they will find themselves rewarded with prosperity in the work place. The academic article “Business Creativity and Innovation,” written by A.J Schuler, a psychologist and expert in leadership and organization change, outlines the process of driving innovation.
Innovative organizations find way to involve everyone in reaching the companies' goals. Although traditional structure demands a hierarchy of command, the innovation efforts should be distributed throughout the entire company so everyone shares the same sense of ownership.bIt is all about strong leadership that encourages shared growth, and involving the front line workers in the creative process. Giving the front liner’s credit for their efforts will create integrity that is essential for innovation.
Occasionally when talking about innovation we get caught up in the business aspect and technical lingo that goes hand and hand. Business might be the vessel of innovation but innovation is really about creativity.
Examples of great innovation are all around us. They can be discovered in our day to day lives or in peculiar places. Sometimes it takes some clever observation to find the route of great forward thought process.
Daniel W.Ramus writes a very unique article on Lessons You Can Learn About Innovation by Studying Lady Gaga. He makes an impressive case over the pop star's rise to success and how, by applying the same theories of thought to your organization, you too can exceed your own expectations.
Learning the discipline to think “differently” is a basic of innovative thought. Keeping your brain outside of the every-day and looking forward to the “what ifs?” of the future. A great leader will have a wide field of vision, looking beyond the day-to-day, but forwards and all around them, they can anticipate all the possibilities of the world.
In an enticing article magazine writer Bill Taylor comments on the thought process of our generations great innovator, and offers some food for thought on the qualities of a great innovative thinker.