Innovation strategy requires leaders to not only recognize breakthrough ideas but also break down internal silos and skepticism. Get evidence-based insights on innovation processes, frameworks, and design-thinking methodologies that succeed. Learn how to overcome invisible innovation hurdles and build competitive advantage.
Innovation Strategy
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Innovation Strategy
How to Network Your Way to New Product Ideas
What if traditional views of the innovation process are flawed? Thoughts from MIT’s Eric von Hippel.
Innovation Strategy
Five Steps for Embracing Consumer Innovation
Companies can work with consumer innovators, or “casual entrepreneurs,” by understanding their lead users.
Collaboration
In Praise of Individual Innovators
The Fall 2011 issue of MIT Sloan Management Review delves into innovation, including the intriguing role of individual innovators.
Innovation Strategy
The Age of the Consumer-Innovator
Consumers generate massive amounts of product innovation — which has significant implications for new product development.
Innovation Strategy
The User Innovation Revolution
According to von Hippel, users are often the first source of new products.
Culture
Is Your Company Ready for Open Innovation?
Without successful implementation, the benefits of open innovation strategies will not materialize.
Collaboration
Creating Employee Networks That Deliver Open Innovation
The key to open innovation? Ensuring outside ideas reach the people best equipped to exploit them.
Climate Change
Innovating in Uncertain Markets: 10 Lessons for Green Technologies
Lessons from the successes and failures of many emerging technologies offer a helpful guide in how adoption works.
Innovation Strategy
Is Your Company Choosing the Best Innovation Ideas?
Generating good innovation proposals from within the ranks of the organization is only the beginning. The more difficult part is creating a selection process that identifies which ideas to implement.
Innovation Strategy
Why Giving Employees Paid, Unstructured Time Pays Off
Research in creativity shows that giving employees unstructured time — on company time — is a concrete way to reward innovative activity.
Culture
Lessons from Ken Olsen and Digital Equipment Corp.
The death of Digital Equipment Corp. cofounder (and MIT alumnus) Ken Olsen has prompted much conversation about him and the DEC.
Business Models
Bringing Open Innovation to Services
Companies should organize their service innovation processes to be more open to external ideas.
Innovation Strategy
The 5 Myths of Innovation
Increasingly, innovation is being applied to the development of new service offerings, business models, pricing plans and management practices.
Innovation Strategy
How to Develop a Successful Technology Licensing Program
Six practices can help companies implement licensing as part of an open innovation strategy.