Tag Archives: business

Don’t You Want 17% Growth in Earnings ?

Posted on November 10, 2015 by Steve

I am frequently asked, “Why should my company adopt Open Innovation?” My new response will be, “Don’t you want 17% growth in earnings each year.” Let me explain.

Posted in Uncategorized | Tagged business, enterprise, growth, innovation, open innovation | Leave a comment

Invention is Reinvention

Posted on November 21, 2013 by Steve

So, you don’t have a new idea for a wonderful product. Not a problem. Sometimes invention is reinvention. Many successful ideas are new ways of reusing existing ideas or new combinations of existing things. Here are three examples:

Posted in Collaboration, Innovation | Tagged aristotle, business, creativity, idea, innovation, invention, market, newton, plato, population, reinvention, socrates, target | Leave a comment

The Five Innovation Myths That Destroy Big Companies

Posted on October 2, 2013 by Steve

Nokia is seen as a company that was innovative but is in decline. It was the company that made cell phones fashion accessories. In 2008 it had a 40% share of the global mobile phone market. Today it has just … Continue reading →

Posted in Collaboration, Innovation, Open Innovation | Tagged brand, business, collaboration, company, incremental innovation, innovation, Investment, myth, network, open innovation, partnering, radical innovation | Leave a comment

Your Adjacent Possible – It’s Bigger Than You Think

Posted on June 23, 2013 by Steve

Why didn’t Leonardo da Vinci invent the helicopter? In the 1480’s he drew a vertical flight machine. His notebooks reveal that he built small models of it. So why wasn’t he the first person to make a helicopter?

Posted in Innovation, Open Innovation, Uncategorized | Tagged adjacent possible, business, collaboration, communicate, innovation, network, open innovation, people, social, technology | Leave a comment

Innovation – Where Should You Invest?

Posted on September 19, 2012 by Steve

Recently I visited a company that wanted to invest in innovation. They wanted to act, yet they were hesitating. They were thinking of innovation as the creation of totally new, game changing products that radically change the marketplace. They were … Continue reading →

Posted in Innovation | Tagged adjacent, analyse, business, core, enterprise, innovation, Investment, portfolio, project, transformation | Leave a comment

The Benefits of Innovation – The 20:20:20 Rule

Posted on September 10, 2012 by Steve

When I talk about innovation I usually start with an explanation of why innovation is important. To do this I use two reports, one published in 2000 by PWC, the other published in 2010 by DeBooz. Although the surveys were … Continue reading →

Posted in Creativity, Innovation | Tagged analyse, business, enterprise, innovation, investment; profit, productivity | 3 Comments

Tablecloths for Idea Generation

Posted on August 6, 2012 by Steve

I recently organised a workshop with Sara Jones of City University, London. Sara wanted to use the Digital Shoreditch Festival as an opportunity to generate new and useful ideas on ‘How to foster a culture of collaboration between universities and … Continue reading →

Posted in Collaboration, Creativity, Innovation | Tagged business, communicate, creativity, dialogue sheet, idea, participation, people, tablecloth, university, workshop | Leave a comment