June 22, 2018
In a perfect world, development would be inclusive. The innovation system would meet the needs of every person. Inadequacy or inaccessibility should not constrain people’s innovative ability. Considering how difficult it is to achieve this perfection, we strive for an equally worthy goal of continuous improvement—to generate economic growth that is socially inclusive. What is […]
April 30, 2018
Digital transformation is real, today, and here to stay; there is no debate about that. However, organizations across industries vary significantly in the transformation process they adopt. Of the few common practices, the one that's highly debated is the position of a Chief Digital Officer. The argument is that if Digital is the only way […]
March 29, 2018
The startup scene is China, Japan, and Southeast Asian countries is flourishing because of changing attitudes, untapped local markets, huge human resources, fierce competition, and foreign investment. As Beenext founder, Teruhide Sato, said, “Asia has an abundance of issues like underdeveloped infrastructure and logistics, and they present great opportunities for startups to come in and […]
March 29, 2018
Companies have been struggling to get their spend on innovation right forever. While some like Apple succeed, others like Nokia don’t. So many have gone down fighting and disillusioned—clamoring for funds to take novel ideas to market or trying to get significant commercial returns from the millions already invested in research. For small businesses and […]
March 28, 2018
Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. NASA 1960), market pull (e.g. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen […]
March 28, 2018
After a not-so promising start at the beginning of this decade, India has been climbing up the Global Innovation Index (GII) rankings in the last couple of years—moving to from 81 in 2015 to 60 in 2017. According to a 2016 Capgemini study, India was the best innovation destination in Asia and the third best […]
March 13, 2018
“Diversity is the inclusion and support of individuals from all groups in the community. It is the exploration of differences in a safe, welcoming, and nurturing environment.” Organizations across the world are increasingly embracing a global mindset and trying to achieve cross-cultural competence to stay relevant and do more than just survive. Most of them […]
December 29, 2017
Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management […]
December 22, 2017
In the second part of our post on how big companies, aside from obvious OI success stories such as Google and Facebook, are successfully employing open innovation principles to get ahead, let’s have a look at a few more inspiring stories. Samsung Although the South Korean company may have been in the news for somewhat […]
November 29, 2017
What do mini-Big Bang Theory Lego, Mozilla, Facebook’s Pride Flag feature, P&G’s Connect+Develop, and Moodle have in common? There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. It also entails […]