This is a great lesson learned for aerospace giant Boeing, who recently discovered that saving up a trove of advanced technologies for a single new project was simply too expensive and disruptive to succeed. The WSJ has the story: After a turbulent decade, Boeing Co. is rethinking its formula for innovation. The 99-year-old aerospace giant…
Here is a great example – one of many innovative approaches taken to help eastern Japanese farmers bounce back from the tsunami, modernize the region’s agriculture and increase farming output. SENDAI, Japan – Even before a tsunami swamped fields east of the Japanese city of Sendai in March 2011, Chikako Sasaki and her husband, a…
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…
We all want to get employees excited about innovation, especially when changes are something they themselves helped create. They want to talk about it, and they should! And we should help, so that excitement builds across the organization and spills over to your customers and to the world. So what’s the best way to help…
Did you know that in the Netherlands, one out of three people consider a bicyle as their main form of transportation? Now the Volvo company has come up with a unique way to make commuting by bike more safe, with a transparent spray that cyclists and pedestrians can apply on their clothes or bikes before…
For my basketball friends, a little something innovative to consider as we head to the Final Four. (Go Badgers!): The NCAA’s March Madness tournament is in full swing, and in addition to the players and the coaches, our team here at WNYC Radio is watching out for the whistles on the court. We are blowing the…
Denise Couture and I recently had the opportunity to meet with students from the Velocity Academy, a project-based learning program at Shattuck Middle School. The curriculum is designed to provide hands-on learning opportunities for seventh- and eighth-graders. The program coordinator Kyle Popp invited us to speak to the students about Innovation. We shared information about…
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. …
One of the most important questions we get from clients is, “how do I create an Innovative Culture?” It’s a great question and one that requires some time defining goals and determining how to incorporate open innovation into your business strategy and how it will help your team succeed. Tomorrow Pat Clusman and I will…
