Below is a checklist that, in our experience, will increase your odds of successfully implementing innovation initiatives. You will learn that there is never an ideal moment to get started and that you will never have all the necessary components aligned at the same time.
TIP: Is your innovation effort transparent enough?
Today the traditional model of ‘top management decides’ and ‘everyone else unquestioningly executes’ is less likely to succeed, namely in your innovation efforts. Leaders need to define strategy based upon established fundamentals and then clearly communicate that strategy throughout their organisation. Transparency is paramount in the twenty-first century enterprise.
Four tips to keep idea management initiatives alive
We have seen that when the innovation outcome seems irrelevant, so too seems the entire idea management initiative. Then how can we keep innovation efforts alive and prosperous? Be focused,…
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Innovation executives, unite!
We know that innovation is the cornerstone of any corporate growth imperative. But the innovation industry apparently needs a return to sanity: we need results. It’s time to discard obsolete models. This is where our ‘intervention’ steps in.
Ready to play the innovation game?
More than ever, companies need to engage their employees to assure long-term viability. Yet, overwhelmed with information, people’s attention spans have become shorter and shorter. Their willingness to contribute to lateral activities has shrunk, particularly if these are boring or create anxiety. And innovation is often no fun…or can it be?
TIP: Gamification – make Work Fun
Since the dawn of civilization, generations have learned through games: From basic knowledge like numbers and letters to eating and caring for each other. Games help make boring activities fun.
Mistaken beliefs about Innovation
London Business School released a slideshare with five mistaken beliefs business leaders have about innovation. The five mistakes pointed out by LBS are: Believing the numbers; Believing success has been…
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Experience shows that companies (and people) tend to avoid risk at all costs which means it’s difficult to leave the comfort zone and do things differently. The problem here is…
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ENEL Eidos Market Grand Opening
Recently Enel’s Eidos Market Global initiative launched. With Eidos Market the company takes another step in strengthening the bonds of the “Enel Nation”, the so-called network composed of Group employees around the world. Eidos Market will aggregate all of the company’s knowledge and innovation strategy in one place, encouraging everybody to participate in the process regardless of their position or experience.
The inevitability of incremental innovation
In the last post we focused on the difficulties of investing in innovation during crisis times and outlined why it is important to think about the long run. Typically transformative…
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