Making Innovation Happen
Friday, July 16, 2010 at 12:12AM “Over the past century, breakthroughs such as brand management and the divisionalised organisation structure have sustained more creative competitive than anything that came out of a lab or focus group. Here’s how you can make your com pany a serial management innovator.” suggests Garl Hamel in this article from the Harvard Business Review.
Friday, July 16, 2010 at 12:01AM An insight article from Julian Birkinshaw and Michael Mol from the London School of Economics in which they suggest companies need to understand the four typical stages of the management innovation process. According to the authors, few companies understand how such innovation occurs and how to encourage it and thus to foster new management ideas and techniques, companies first need to understand the process of management innovation. This article outlines those processes and stages..
Monday, April 26, 2010 at 01:32AM Design thinking, as a concept, has been slowly evolving and coalescing over the past decade. One popular definition is that design thinking means thinking as a designer would, which is about as circular as a definition can be. More concretely, Tim Brown of IDEO has written that design thinking is “a discipline that uses the designer’s sensibility and methods to match people’s needs with what is technologically feasible and what a viable business strategy can convert into customer value and market opportunity.” [1] A person or organization instilled with that discipline is constantly seeking a fruitful balance between reliability and validity, between art and science, between intuition and analytics, and between exploration and exploitation. The design-thinking organization applies the designer’s most crucial tool to the problems of business. That tool is abductive reasoning. Don’t feel bad if you’re not familiar with the term.
Tuesday, February 23, 2010 at 09:35PM Ask a CEO and he or she will tell you that innovation is critical to the organization's long-term growth prospects. Ask the same question of people who work in that organization and the answer won't be quite so positive. Without continued innovation, companies are likely to be relegated to the low-end commodity business (where returns are sure to be unattractive). Staying ahead of the product life cycle through effective and intelligent innovation and complexity management is a highly rewarding strategy, provided you can anticipate what the customer wants or - as was the case with Apple's iPhone - your company can be in a position to drive what the customer wants.
