Innovation Articles

By Robert B. Tucker

Starting an Innovation Lab? Avoid these Pitfalls

Nov-20-17

Often, it appears, companies are seeing the need to showcase how innovative they are. And the solution seems to be to build a flashy new work environment, install bean bags, foosball tables, whiteboards, and cold-brew some coffee and voila, we’ve got ourselves a lab. I’m a bit of a skeptic about these labs.


Seven Strategies for Generating Ideas

May-23-12

How do organizations come up with new ideas? And how do they use those ideas to create successful new products, services, businesses, and solutions?

To answer these questions, a team of researchers from Rensselaer Polytechnic Institute in New York spent time observing radical innovation projects such as IBM’s silicon-germanium devices, GE’s digital X-ray, and DuPont’s biodegradable plastics. Their key finding? Most of the ideas behind these projects came from “happy accidents” rather than some ongoing process to generate ideas.

In more than a few cases, individuals or small groups were simply “freelancing,” working on ideas on their own initiative rather than being directed by some “new venture” board or other idea management system.