In today's rapidly evolving business landscape, staying ahead of the curve requires more than just maintaining the status quo. Established organizations are constantly seeking innovative ways to drive growth, stay competitive, and address complex challenges. One powerful avenue gaining traction is collaborating with start-ups. These agile and disruptive entities bring fresh perspectives, cutting-edge technology, and entrepreneurial spirit to the table, offering established organizations a valuable opportunity to ignite innovation and unlock new possibilities.

Did you know that on average, employees generate around 3-5 ideas per month in organizations with active ideation processes. However, this number can vary widely depending on factors such as company size, industry, and organizational culture.

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The role of innovation in companies is changing. It began evolving from a paradigm of creating new products, incremental or radical, towards the creation of services. And, currently, it is moving towards the creation of new business models.

Validating possible business ideas through experimentation is a key concept to reduce the risk of innovation and identify economically and quickly in which initiatives we should invest or not.

Have you ever thought about the responsibilities and daily agenda of the Innovation Officer? In this article, we explore the key duties and also what a day in the life of the Chief Innovation Officer might look like.

In today's rapidly changing business landscape, companies must continuously innovate and adapt to stay ahead of the competition. However, conventional incentive systems often fail to promote a culture of innovation within organizations. These systems are typically designed to focus on short-term financial goals and metrics, such as revenue and gross margin, which do not adequately account for future growth and sustainability.

In today's rapidly evolving business landscape, staying competitive requires a proactive approach to innovation. One key aspect is the ability to systematically test and validate new business ideas. Is your organization ready for the challenge? Let's find out with this corporate innovation assessment.

Ever wondered how companies manage to stay stuck in the Stone Age while others are riding the innovation wave? 🌊 Well, here's your ultimate guide to becoming an anti-innovation champion!

In the fast-paced world of business, maintaining a culture of innovation is crucial for long-term success. Amazon, one of the most successful and innovative companies globally, attributes its continuous success to its "Day 1" culture. This philosophy, rooted in the belief that every day is just the beginning, has been a driving force behind Amazon's ability to stay at the forefront of industry trends and technologies.

Sometimes a bad idea sparks creative genius; other times, it sheds light on what makes an idea truly great. And occasionally, the bad idea turns out to be the best idea of all. Think of a space movie set in the past, with wizards, sword fights, and technology reminiscent of the second world war – a concept that defies expectations and stands the test of time, much like the enduring appeal of "I Feel Love" and the timeless aesthetic of Star Wars.

Coined by MIT's Eric von Hippel, the term "democratizing innovation" revolves around empowering users to develop products and services tailored to their needs, fostering a shift away from relying solely on companies for innovation. Despite the growing popularity of involving users in the innovation process through crowdsourcing and contests, challenges persist.

Welcome to the era of dynamic business landscapes where change is the only constant! In this fast-paced world, staying ahead of the curve is not just a choice; it's a necessity. And what's the secret sauce to thrive in this ever-evolving marketplace? You guessed it – an unbeatable innovation strategy! In this blog post, we'll unravel the magic behind having a killer innovation strategy that not only fuels creativity but also turbocharges your sales!

Make a decisive shift away from isolated innovation endeavors; we now possess substantial evidence demonstrating that identifying winning ideas from the outset is challenging. Instead, focus on making incremental investments in various ideas, gradually increasing support for those demonstrating tangible progress while ceasing investment in stagnant concepts.