The 12 Disciplines of Consistently Innovative Organizations

The 12 Disciplines of Consistently Innovative Organizations

By • on August 13, 2018

The Innovation Excellence website noted that there are certain common disciplines that seem to mark the most consistently – and successfully – innovative companies. The article identified twelve disciplines that businesses – if they are to be consistently successful at innovation and market leadership – must develop and use persistently.

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Open Innovation a Must in New Drug Development

Open Innovation a Must in New Drug Development

By • on May 23, 2018

The Korea Biomedical Review reported that the Korea Pharmaceutical and Bio-Pharma Manufacturers Association and the Korea Research-based Pharma Industry Association recently held a meeting of the government, pharmaceutical representatives, and experts. “As research and development activities for

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Renault Is ready for Autonomous Future

Renault Is ready for Autonomous Future

By • on February 26, 2018

The Automotive News Europe website reported that Renault says the Symbioz, [its newest experimental model] is a rolling test bed for the company’s newest technology. The technology that a vehicle needs to pilot itself safely on a public road is so complex that no one automaker can do it alone. Renault

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The Five Traits of a Most Innovative Company

The Five Traits of a Most Innovative Company

By • on September 1, 2016

The Australian Financial Review website reported a study that showed that open innovation, cross-functional collaboration, customer-centricity, dedicated “innovation time” and managers walking the talk have emerged as hallmarks of the most innovative companies. An increasing number of companies

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Business Models That Put Evolution Before Revolution

Business Models That Put Evolution Before Revolution

By • on January 30, 2015

The Harvard Business Review noted that business model innovation is hard. But managers make it harder when they think about it only as radical industry reinvention. While revolutionary business model changes can be valuable, you don’t necessarily need to transform your industry. You don’t need

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Open Innovation: Three Examples

Open Innovation: Three Examples

By • on November 30, 2012

The Economist (Namibia) website posted an article which noted that the theory behind open innovation is that the sphere of knowledge and experience within the organization is necessarily limited. Worse, it may be further limited by corporate practices and processes. By tapping into external sources,

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Verizon on Open Innovation

Verizon on Open Innovation

By • on November 29, 2012

The Verizonwireless website posted an article describing Procter and Gamble’s use of open innovation to come up with new ideas. P&G employed the collaborative model of open innovation by partnering with other businesses. In 2000, then CEO A.J. Lafley proposed a goal to acquire 50 percent

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Can Crowdsourcing Crack Corporate Sustainability?

Can Crowdsourcing Crack Corporate Sustainability?

By • on April 30, 2012

The Guardian notes that we’ve seen a wave of businesses pioneering new ways of putting into practice the old adage that a problem shared can be a problem halved by tapping into the wisdom of the crowds who populate the online world. The shift has thrown wide open a range of business challenges

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Hierarchical Management Bottlenecks Innovation

Hierarchical Management Bottlenecks Innovation

By • on April 26, 2012

An article in Forbes argues that the old industrial management model is a thing of the past. Gone are the assembly line days of productive repetition. Value in the modern economy is created by doing something different each time, rather than repeating the successes of the past. The creative act itself

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