06
Feb
Crowdsourcing and co-creation is an essential arm of conducting smart business. How to channel your internal and external crowd for innovation, ideation and collaboration....
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Crowdsourcing and co-creation is an essential arm of conducting smart business. How to channel your internal and external crowd for innovation, ideation and collaboration....
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Technology scouting can increase the rate of potential for meaningful innovation, as discussed in the Harvard Business Review. An innovation leader's perspective and insight. A look at what works and what doesn't. Technology scouting automation and technology advancements are key...
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Innovation can also come in the form of new types of services that offer improvements on old ways of doing things, meet previously unidentified needs or fill gaps in the market. More often, innovation solutions use technology to support and dispatch new services...
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Innovation Software Helps Businesses Cultivate and Implement Innovation — Faster. Learn how Innovation Software is used, what type of companies use it and why....
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[vc_row][vc_column][vc_empty_space height="20px"][vc_column_text] New Industries' Solutions for Moving to a Zero Carbon Footprint [/vc_column_text][vc_empty_space height="10px"][vc_column_text]Is zero carbon possible? The bright ideas coming from creative innovators prove we are developing and harnessing new technologies to eliminate the burning of fossil fuels to off set carbon emissions. The world emits about 43 billion tons of CO2 a year and 87% comes from the burning of fossil fuels like coal, natural gas, and oil. As the Earth's need for power grows, so does the necessity for innovative clean power solutions. University researchers, startup incubators, and power industry collaboration show promising disruptive technology to reach carbon zero goals. The commercialization and the opportunity for partnerships across these innovating platforms will bring positive and lasting change to the carbon emission reduction goals of countries worldwide.[/vc_column_text][vc_column_text][/vc_column_text][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Carbon Neutral Start-up Technology [/vc_column_text][vc_empty_space height="10px"][vc_column_text]Industries worldwide are focusing on how to achieve carbon neutrality. Innovative ideas and clean power solutions are appearing across university research labs...
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[vc_row][vc_column][vc_column_text]Technology and trends tend to move and change at alarming rates. No industry is impervious to evolution. The only way to stay relevant is to make sure you are looking toward the future landscape and anticipating changes within your business before they happen. If you don't have a functioning crystal ball, research and analysis are the best way to predict the future. A strong indicator of how technology and trends are changing in real-time is to pay attention to how you currently consume television and video content at home. Gone are the days of spending a Friday night at Blockbuster buying or renting physical copies of movies to bring home. It also seems the days of cable and satellite solutions are quickly on their way out. Streaming services are the future of in-home entertainment consumption, but that leaves broadcast TV searching for a new way to create revenue or else risk...
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[vc_row][vc_column][vc_column_text]Understanding your company's "technical right-to-succeed" is critical to the success of your business: it's what sets you apart from your competition. It allows you to provide the best products and services your clients and users have come to expect. It's essential to understand the entire landscape of your company's current technology and how it compares to the technology of your competitors and the future of technological innovation. This is where technology scouting and technology landscaping research reports come in to play an integral part in building your company's technology portfolio. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="30px"][vc_column_text] Technology Scouting [/vc_column_text][vc_empty_space height="10px"][vc_column_text]Technology scouting is an element of technology management in which emerging technologies are identified, technology-related information is channeled into an organization, and supports the acquisition of technologies. The focus of technology scouting is on identifying solutions to an unmet technical or business need. When technology scouting, it's essential to precisely define your unmet need and create a roust...
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[vc_row][vc_column][vc_column_text]The concept of an innovation portfolio is still new to some organizations; however, it's been a topic of conversation among innovation professionals for years. In 2014 Harvard Business Review (HBR) published the article, Managing Your Innovation Portfolio. They found on average high-performing organizations focus 70% of their innovation resources on core or incremental offerings, 20% on adjacent offerings, and 10% on transformational initiatives. Even though the average was a 70:20:10 spread, they still reference other successful models depending on your industry and your level of ambition and allocations. The biggest take-away from the HBR report and subsequent reports is that for an innovation program to be successful, the focus should be a mix of incremental (core), adjacent and transformational initiatives. This mix will enable a program to deliver results both in the near term and long term. In addition to finding the right balance, organizations need to have the right resources to deliver. ...
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Before any Innovation process begins, you need a strategy that breaks down activities while focusing on delivering incremental, adjacent and transformational successes. Here are some examples....
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If you are lucky enough to be on an innovation team you understand the need to deliver successful innovative solutions. In this contemporary world assessing your progress and allocating resources is always a priority. Recently, Innovation Leader published the report, Benchmarking Innovation Impact 2020 offering an in-depth look at innovation strategies, investments, and approaches that drive successful innovation. ...
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