Practical Innovation Management
A Blog - Practical Tips & Articles on Managing the Process of Innovation. No Highfalutin Theories!
What is co-creation, and how can it improve innovation in your organization?
Kraft Foods innovates using “co-creation” with their customers, which involves an ongoing dialogue between the two about what improvements Kraft can make. This practice has led to new ideas, packaging guidance, and insights into cooking habits. So, how does it work?
Why do innovation initiatives fail? This Fast Company article lists six reasons your organization may be experiencing setbacks.
In our first blog post, we explored reason #1, i.e. how lacking a formal framework can hinder successful innovation. In this blog post, I’ll dive in to reason #2: Not tying initiatives to overall company strategy.
Why do innovation initiatives fail? This Fast Company article introduces six reasons your organization may be experiencing setbacks.
In this blog post, I’ll dive in to reason #1: Not having a formal innovation management framework and systems. [Read more…]
Sometimes, it’s okay to fail.
Why? Because the fear of failure holds back organizations from being truly innovative. But it’s not just about failure. It’s about how you handle the failure and what you learn from it. Read on to learn why failing can be a good thing and how you can fail well… [Read more…]
How to boost innovation in your organization?
Having an innovative culture has many benefits. It can help your organization stay ahead of the curve, gain a competitive advantage, and improve employee morale. Here are 5 simple tips to help you increase innovation in your workplace.
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