As I travel the world helping businesses to create communities of cooperation and innovation I sometimes wonder why we have not been able to solve the world’s Big Hairy Audacious problems together. We potentially have the knowledge, the resources and the technology to do so, but hunger, overpopulation, poverty and pollution are still on the rise. …
After the World Economic Forum meeting in Davos drew to a close, Martin Reeves, Senior Partner & Managing Director, Director of the BCG Henderson Institute shared his reflections of the event with the Boston Consulting Group. Whilst discussion trended down global economic growth, they also elevated risks on a number of fronts, spanning the whole …
Innovative cross-functional teams in technology companies often depend on individuals with highly technical, specialized skills. They’re on the edge, extending their disciplines where they haven’t been before. Teams like this require upper management support that enables their success. It does not need micromanagement – or its opposite, chaotic management that is no better than neglect. …
One of my Polish agricultural machinery clients was having a hard time. His budget for marketing had been halved, even though his sales targets were maintained at growth rate. I had a lengthy conversation with him about options in cooperation. The trick is to find another party that is complementary in product, market or brand, …
Every bold innovation involves messiness. The Chief Product Officer at Adobe reveals how to use it to succeed. In my work advising and consulting to some of the world’s most innovative companies, I see the best of the best practices for managing innovation. I also get a behind-the-scenes view of what really goes on during the innovation process itself–and …
You attend conferences. You read books. You take training classes. All with the goal of learning strategies from those who have paved the path to success before you. But what if following in their steps could lead you down the wrong track? 3M talks about its 15 percent rule–a philosophy that allows anyone in the …
A survey conducted in 2010 by IBM Global Business Services revealed that a surprising 60% of global CEOs rated Creativity as the most important leadership quality needed in the coming years. Creativity beat out both integrity and global thinking in the study of more than 1,500 corporate heads and public sector leaders in 60 nations. …
In the first part of this article mini-series I demonstrated, based on my original research, that for innovation to exist, you must be able to create a culture of innovation, first. A culture of innovation exists when leaders give their employees autonomy, employees show accountability and are willing to try things (even if it means …
It should be no surprise that innovation is a constantly evolving field.  As innovators, it is in our nature to constantly evaluate, optimize and reinvent our models and processes.  Indeed, how can we expect to help our clients to evolve and reinvent their products and services if we cannot continuously improve our own? However, sometimes …
It all started with my bar mitzvah. Part of becoming a Jewish adult is through acts of service for others, so I was searching for a charity where I could participate in something that was meaningful and donate some of my gift money to help an important cause. I had searched for an event or …
Through my 2008-10 doctoral research, I found that the biggest problem that non-innovative companies have is lack of trust. In fact, whenever I was invited to speak to a company about their innovation needs, it didn’t take more than 20 minutes and 16 questions to find that they don’t have an innovation problem, they have …
Brainstorming is one of the most over-used words in business today, maybe even most over-used in all organizations. Any time people are trying to come up with ideas, they call it brainstorming. And as a result, the techniques, rules, and methods of brainstorming are twisted and abused to where everyone seems to hate brainstorming and …
A catastrophe produces an unexpected set of circumstances and this can lead to opportunities for innovation. In January 1992 a container with 29,000 plastic bath toys was washed overboard in the Pacific Ocean.  They were manufactured in China and were on route to the USA.  They were called Floatees, bath toys consisting of red beavers, …