You’ve heard it said, “no guts, no glory?” In open innovation, there is no room for fear. Many companies today are averse to taking risks in this economy, and who can blame them? When leaders are not willing to take risks, their corporate culture might seem “safe.” But managing risks is something we can all…
I’m excited to be among over 100 like-minded strategy leaders for this year’s Unleashing Innovation Summit in New York, March 25 and 26. I’m on the speaking roster for the first day, as we together tackle real problems faced by every innovator. This year we are talking about Creating a culture that fuels repeatable success!…
Consumer Goods Technology recently asked me to share my outlook for the next year and a half for Open Innovation trends and best practices. That report has just been published in CGT’s Prioritizing For Growth: 2015 Review and Outlook Report. I join several other industry leaders and forward thinkers. You can read their reports here. …
I’ve been watching the evolution of 3D printing technology over the past several years, and came across this interesting video of a hand-held prototype. Read more here and watch the video: Post by InnovationEdge.
The hardest part of making any change is taking that first step. We may point our shoulders in the direction we want to travel, but planning our change journey and mapping the steps to get there can still feel overwhelming. This is true for co-creation and open innovation projects, change programs — even personal change….
Have you ever stopped to think your next breakthrough product may be right under your nose? Or that ‘local’ could go very global with the right development support and customer-needs tailoring? As a proud resident of Appleton, Wisconsin, I recently took a look at the surprisingly rich history of invention and innovation in my hometown…
One of the most important areas for Open Innovation in the last decade has been in the field of healthcare. Wholesale changes in the way Americans consume healthcare have greatly fragmented and complicated the external market and especially the back end of the business side. Today patients must navigate intricate networks of providers and multiple…
Open innovation is the go-to strategy of the decade! As leaders try to be more innovative in the workplace, they look to external partners, universities and their networks to meet their growing demands for innovation across all areas of their business. I believe that open innovation is the strategy that will determine whether or not…
Innovation is adapting to a new age. Companies are dealing with so many more challenges today than in the past. They are competing harder than ever to create and communicate new products and services. They are looking for ways to quickly discover and implement new ideas, and many are turning to the power of co-creation….
MasterCard has just launched a new innovation lab in New York City. The new 60,000 square foot facility will house those working on the MasterPass digital wallet, the Digital Enablement System, and MasterCard Labs’ Start Path, an accelerator for financial technology startups. The MasterCard Digital Enablement System’s tokenization service will secure ApplePay transactions: “This is…
