Innovation is a darling buzzword and I still see the term used frequently in my readings. But what’s really behind the word innovation? Why do some companies seem to get it while others don’t? Innovation is defined as doing something new or doing something that already exists in a new way. Established companies want to [...]
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Earlier this week I had lunch with @Cjack_HC, @ElliotLeson, @Westdene64, and a few others. I joined the lunch late as the group was in the middle of a brainstorming session on creating names for business card designs. Sounds easy, but I found the task pretty challenging. It made me think of the age old question [...] Checkout the new crowd sourcing site launched by Best Buy call Idea X. Similar to the Starbucks idea site that I wrote about earlier this year, Best Buy is looking to use the power of bulk thinking to generate new and innovative ideas for its business. As with Starbucks, the ideas submitted to Best Buy [...] Innovation from the everyday In a MBA class last year I took the following note during a lecture: Drucker – creativity and innovation driven off standard process This week I found that note in a review of some materials and thought it would be a good topic for further thought. Peter Drucker lists process [...] Question: Should we rely on serendipity or a managed process for incremental innovation? I’ve been asked to answer this question as part of an assignment. I thought it would be good to record the answer here. It’s not because I think my answer is anything great or has uncovered some train of thought that no [...] |
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