Terms like incremental innovation, gradual innovation, or architectural innovation have been coined and used to look like being innovative. Turns out, using those terms is the worst decision one can make. Companies need to be actively improving their existing products and services. AND in today’s time and age, companies need to decide if they want […]
Stop idea hunting for innovation Creating breakthrough innovation is still the holy grail or even a mystery to most innovation teams. It is perceived as random, serendipity, and accidental. Hoping to get innovative solutions that transforms markets from some magical “ideas,” means waiting for a coincidence, but winning the lottery would have far more chances […]
When venturing out for ideas on how to create innovation, enterprises may explore the idea of acquiring startups to get innovative minds and a complete team. It seems like a quick way to get innovative ideas that can be integrated into the corporation. Essentially the old make or buy decision. However, of 1,000 acquisitions, less […]
Innovation Market Dynamics Before starting to innovate, it makes sense to understand the general market dynamics for innovative solutions. For decades, enterprises struggled when their innovative solutions did not take off within 12 to 24 months and killed the projects. Little was known about innovation diffusion. Everett Rogers coined the term in 1966 but the […]
Allow me to start the year with a perspective on the future of innovation. Despite everything that went on in the world, BlueCallom had a great 2021 and 2022 started with a big boost. LINEAR VERSUS LATERAL THINKING It is no news that linearly managed business process transformation like digitalization or creating breakthrough innovation, has […]
It takes unique cognitive abilities or so-called soft skills or talents to get you to groundbreaking innovation. Talents or Soft Skills matters – in some cases, even more than hard skills. One of those cases is with Innovation Development. Creating a groundbreaking innovation needs a new perspective, open-mindedness, creativity, courage, and other cognitive abilities deeply […]
The different innovation flavors and terms are confusing and oftentimes are only used to distract from an inability to innovate. But what is the meaning and how can you focus on genuine innovation. Groundbreaking vs. Disruptive innovation Those two flavors of innovation are rather close. Yet, when looking under the hood, there is a slight […]
In this post, we want to go beyond the typical aspects of innovation culture-building. We simply assume you know that innovation is one of the most demanding jobs, and it needs extraordinary talents to make innovation happen. Many aspects of Motivation, Empowerment, Inspiration, Failure as a way of learning, and a clear innovation mandate are […]
In the last week of June, BlueCallom hosted its third Innovation Thought Leader Roundtable. The topic gravitates around the question: “how to become more innovative and how to inspire employees to support the innovation process.” As you may know by now, BlueCallom’s Roundtable is a virtual gathering of selected innovation managers. Many of them work […]
Enterprises don’t need to fear disrupters, but the disruption in the capital market A growing number of enterprises feel the headwind from capital markets. Up and coming businesses get valuations far above conventional businesses that may be more than ten times as big. Those warning signals all too often are simply ignored. But that could […]