Actual Innovation Returns

Continuing with rehashing interesting innovation research check out these conclusions: (I quote directly): Total market returns to an innovation project are $643 million, substantially greater than $49, the returns to an average event in the innovation project. Of three sets of activities of innovation (setup, development, and market), returns to the development activities are consistently [...]

The future of innovation, discovered in 1972

Basically, a scientific paper by Richard Daft*, since cited over 1000 times, found organisational innovations trickle simultaneously upward and downward. In a study of the way schools operate which concluded in 1972, where there are both teachers (the do-ers) and administrators (the managers), he found: For delivered innovations about teaching, 77% came from teachers, whilst [...]

Why your genius new idea is already forgotten

Every idea is great if its yours. Your friend’s idea is great because it came from your friend. Your bosses idea might be great if you agree with it, because it came from your boss Everything else is probably irrelevant. At least in the context of everything else you need to care about today. Ideas [...]

Middle management won’t innnovate

Middle managers get the metrics they’re supposed to achieve every year. They’re usually something like, “do more of the same, but make 30% more of it”. Now, put yourself in their shoes. You have to achieve more of the same. Do you suddenly think, “oh, I must innovate?”. Of course not. Are you delighted when [...]

Why Bottom-Up Innovation Matters

Bottom-up innovation is often dismissed by innovation consultants and theorists as being mainly incremental, and therefore strategically uninteresting. Why have your front line employee suggest some minor change to a process when you can spend your time designing a strategic new product or service that’s material to the top line of your organization? But for [...]

5 Meaningful Innovation Quotes

“If you hear a voice within you say, ‘You cannot paint,’ then by all means paint, and that voice will be silenced.” — Vincent van Gogh When I was very young, I couldn’t read. But then, in second grade, I was lucky enough to have a brilliant teacher who took me under her wing and [...]

Nike FuelBand: How to Take Out The Boring

So, succumbing to the hype, I rushed out the other day and bought myself one of those new Nike FuelBands. I first saw one on the wrist of my colleague Gareth, who pronounced it the deus ex machina of exercise and weight loss reduction. I saw it and imagined myself tipping into a mid life [...]

Antibodies, Attack Dogs, and Success Cats: 3 New Product Lessons

We’ve launched ICON. It has almost 200 companies signed up in less than 2 days. We’re feeling hopeful we have something people will really value. If you’ve already had a go of the tool, thank you. If not, signup is free, so please do try it. Today, I wanted to talk about the process of [...]

Starting Up: London Vs. The Valley

These days, my job at Spigit has me spending 50% of my time in London, and the rest in California at our head offices in the East Bay area. This is very interesting, because it really illuminates the difference between startup world in both places. Firstly, the obvious: London may be a hot place to [...]

Protecting Customers not Corporates

On Twitter, Paul Vincent (@cybersecurer), one of the very few IT Security people I know who can claim their title isn’t Business Prevention Officer, asks this: [quote]@bankervision If information scarcity is no longer competitive advantage, do the infosec requirements change? I think so #[amazon_link id="9814351105" target="_blank" container="" container_class="" ]sidestepandtwist[/amazon_link][/quote] Paul is referring, I think, to [...]

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