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Author: Jan Verloop
Publisher: Newnes
ISBN: 012397903X
Category : Business & Economics
Languages : en
Pages : 141
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Book Description
Success in Innovation tackles its subject from a novel perspective: instead of focusing on factors for success, it specifically examines the factors for failure. Similar books often attempt to stimulate more effort on innovation with success stories and methods. But innovation is risky business and most innovative ideas fail. By understanding the typical pitfalls and hurdles in the process, and how to avoid or manage them, readers can significantly improve their chances of success. Success in Innovation is broad in scope and useful to managers, consultants, entrepreneurs, tech start-ups — anyone with a stake in new and powerful ideas, products, businesses, or methods. This book helps readers work smarter, not simply more. - Provides guidelines for assessing innovative ideas - Includes methods for valuing innovation - Discusses the danger points in the innovation process - Explains the planning and development processes - Includes innovation models - Discusses the methods for risk assessment
Author: Jan Verloop
Publisher: Newnes
ISBN: 012397903X
Category : Business & Economics
Languages : en
Pages : 141
Get Book Here
Book Description
Success in Innovation tackles its subject from a novel perspective: instead of focusing on factors for success, it specifically examines the factors for failure. Similar books often attempt to stimulate more effort on innovation with success stories and methods. But innovation is risky business and most innovative ideas fail. By understanding the typical pitfalls and hurdles in the process, and how to avoid or manage them, readers can significantly improve their chances of success. Success in Innovation is broad in scope and useful to managers, consultants, entrepreneurs, tech start-ups — anyone with a stake in new and powerful ideas, products, businesses, or methods. This book helps readers work smarter, not simply more. - Provides guidelines for assessing innovative ideas - Includes methods for valuing innovation - Discusses the danger points in the innovation process - Explains the planning and development processes - Includes innovation models - Discusses the methods for risk assessment
Author: Ludovit Garzik
Publisher: Springer Nature
ISBN: 3030806391
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
This book places a central question: why are some regions in the world more successful in innovation than others? It aims to increase readers ́ understanding of how innovation processes are accelerated or hindered by regional characteristics. A deep dive into differences of innovation ecosystems across global regions will provide a detailed mosaic of strengths and weaknesses. The audience will also learn to assess the resources and elements of regional innovation systems and to compare and contrast structures and processes in innovation management in Africa, Asia, Europe, and the Americas. The speciality of the book lies in its focus on the patterns that are behind the development of many successful innovation regions and it defines the ingredients for right planning and policy development.
Author: Peter J. Denning
Publisher: MIT Press
ISBN: 0262288974
Category : Business & Economics
Languages : en
Pages : 461
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Book Description
Two experts show that innovation is a skill that can be learned and describe eight essential practices for achieving success. Innovation is the ruling buzzword in business today. Technology companies invest billions in developing new gadgets; business leaders see innovation as the key to a competitive edge; policymakers craft regulations to foster a climate of innovation. And yet businesses report a success rate of only four percent for innovation initiatives. Can we significantly increase our odds of success? In The Innovator's Way, innovation experts Peter Denning and Robert Dunham reply with an emphatic yes. Innovation, they write, is not simply an invention, a policy, or a process to be managed. It is a personal skill that can be learned, developed through practice, and extended into organizations. Denning and Dunham identify and describe eight personal practices that all successful innovators perform: sensing, envisioning, offering, adopting, sustaining, executing, leading, and embodying. Together, these practices can boost a fledgling innovator to success. Weakness in any of these practices, they show, blocks innovation. Denning and Dunham chart the path to innovation mastery, from individual practices to teams and social networks.
Author: Glenn Withiam
Publisher: Business Expert Press
ISBN: 1631570447
Category : Business & Economics
Languages : en
Pages : 249
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Book Description
This book investigates the genesis and success of innovation in the hospitality industry as detailed in over four dozen case studies. In many of the cases studies, the innovators themselves provide the insights into their innovative inspiration and the lessons learned from the way they brought their innovative ideas to life. The cases include innovations for improved customer service, stronger human resources, and new food service and lodging concepts. While updated technology forms the basis for many of the innovations, some of the cases focus specifically on technology improvements, with a particular focus on the use of technology as a mediator in the service value chain. With the passage of several years, the book shares the outcome of the innovative concepts—most of which continue to operate. The lessons presented will provide you a valuable perspective on success through innovation, whether you are operating in the hospitality industry or another business.
Author: G. Douglas Olsen
Publisher:
ISBN: 9780615465654
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
Innovation is fundamental part of our daily lives. We are change agents in personal and professional contexts. So, while the term "innovation" would apply to the development and proliferation of high-tech products, it would also apply to: incremental changes to existing products and services; deployment of a new policy within an organization; a government program designed to decrease poverty; or even the change of some personal habit such as fitness and nutrition. So, what does it take for an innovation to be successful? Ralph Waldo Emerson suggested that, "if you build a better mousetrap the world will beat a path to your door," meaning that if you make something better, people will want it. While there is a core of truth to this, the idea does not seem to reflect what happens in reality. Why is it that some great products, services, policies and ideas never seem to catch on and some questionable ones seem to possess a certain momentum and hang around forever? The goal of the book is to answer this question and to provide the reader with a solid resource to impact their environment. In the overview chapter, the five laws of innovation success are provided: (1) there must be superior value; (2) the stability of the existing alternative must be reduced; (3) uncertainty/fear of the new alternative must be reduced; (4) outside independent influences exert an impact; and, (5) bias in search and choice must be overcome. Following the presentation of the five laws, examples are given of large organizations that fell short because one or more were violated. Some of these include the "New Coke" Debacle, Bic marketing perfume, Levi's trying to market three-piece suits, IBM trying to introduce a new operating system in the 90s and the questionable success of the deregulation of electricity markets in North America. The next five chapters detail each of the different laws and provide an organizing framework (the Comprehensive Change Model). This model offers additional structure to an individual trying to maximize the impact of a change initiative. The information is explicit and itemizes the factors that have an impact on each particular component - the value offering, stability, uncertainty, independent influences as well as bias in search and choice. Examples throughout the chapters provide concrete application of the concepts. In the following six chapters that comprise the second part of the book, the laws and the Comprehensive Change Model are applied to a broad range of contexts, including: (1) becoming a vegan, (2) blood donation, (3) buying a personal Taser, (4) consideration of geothermal heat-pumps, (5) adoption of nurse practitioner clinics and, (5) the government policy regarding adoption of metric in the United States - the only major country in the world not to have formally switched over. The goal of these cases is to demonstrate two things repeatedly. The first is that innovation takes many different forms - changes to products, services, policies, ideas, and so on. The professional and the personal. Internal to the organization and external to the organization. The complex and the commonplace. The second thing that the cases demonstrate is that no matter what type of change initiative one is talking about, all five laws of innovation success are critical to the outcome. Falling short on just one may lead to some level of ineffectiveness.
Author: J. Cobbenhagen
Publisher: Edward Elgar Publishing
ISBN: 9781782541110
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
'. . . well worth reading and absorbing, particularly by teachers of "principles" courses who wish to give their students a more correct perspective on the findings of the economic science of applied welfare economics contained in discussions of cost/benefit analysis, most distributive issues, and evaluations of tax policy.' - Peter Groenewegen, History of Economics Review
Author: Ian Wills
Publisher: Springer Nature
ISBN: 3030299406
Category : Philosophy
Languages : en
Pages : 257
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Book Description
This book develops a systematic approach to the role of failure in innovation, using the laboratory notebooks of America's most successful inventor, Thomas Edison. It argues that Edison's active pursuit of failure and innovative uses of failure as a tool were crucial to his success. From this the author argues that not only should we expect innovations to fail but that there are good reasons to want them to fail. Using Edison's laboratory notebooks, written as he worked and before he knew the outcome we see the many false starts, wrong directions and failures that he worked through on his way to producing revolutionary inventions. While Edison's strengths in exploiting failure made him the icon of American inventors, they could also be liabilities when he moved from one field to another. Not only is this book of value to readers with an interest in the history of technology and American invention, its insights are important to those who seek to innovate and to those who employ and finance them.
Author: Andrew Binns
Publisher: John Wiley & Sons
ISBN: 1119838320
Category : Business & Economics
Languages : en
Pages : 262
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Book Description
Corporate Explorers Transform Disruption Into Opportunity With This Proven Framework Innovation used to be seen as a game best left to entrepreneurs, but now a new breed of corporate managers is flipping this logic on its head. These Corporate Explorers have the insight, resilience, and discipline to overcome the obstacles and build new ventures from inside even the largest organizations. Corporate Explorers are part entrepreneurs, using innovation disciplines to jump start cutting-edge ideas, and part change leaders, capable of creating support for investment. They see that corporations already own the ideas, resources, and—critically—the talent to build new ventures. Companies like Amazon, Microsoft, Bosch, LexisNexis, and Analog Devices enable managers to put these assets to use and gain an upper hand over startups that threaten to disrupt them. Corporate Explorer is a guidebook to the practices that enable these managers to go from idea into action. It demonstrates how success is not only possible but may offer entrenched companies better odds than venture-capital backed startups. This actionable and proven framework explains how managers can become successful corporate innovators; it includes tools to: Learn how to apply innovation practices with greater discipline Turn great ideas into a full-time job as an innovation leader Experiment with and scale original business models Transform innovation programs into a thriving source of new business Attract, retain, and motivate entrepreneurial talent Energize employees by creating a realistic way to innovate These lessons come from the trailblazers of corporate innovation—Andrew Binns (Change Logic), Charles O'Reilly (Stanford Graduate School of Business), and Michael Tushman (Harvard Business School)—who have decades of experience helping entrepreneurial-minded executives activate employees to become Corporate Explorers. Entrepreneurs take notice—it's time for Corporate Explorers to set the pace and chart the course for disruption.
Author: Massimo Garbuio
Publisher: Routledge
ISBN: 1000012425
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
Innovation is about ideas that make life better. But what does it really take to deliver innovative propositions? And what separates companies that drive their industries forward from those that simply talk the talk? This book takes you inside the minds of the world’s most effective innovators to answer these questions and more. In real stories from industries as diverse as healthcare, finance, technology, and telecommunications, business leaders reveal what it takes to bring new products and services to life. They weigh in on the big debates: how to design an innovative organization of diverse voices, how to protect and grow ideas so they succeed, and how to tune corporate radar to inspiration and turn the signals received into new value. An essential resource for leaders, aspiring leaders and students of entrepreneurship, business management, HRM, technology and innovation management, and design thinking, the book enables the reader to: Hear from leaders with direct responsibility for innovating in a wide range of industries and learn how they do it See how to structure for innovation, gain momentum inside an organization and use ideas to shift companies and industries Gain insight into what innovators look for when they sense the environment and learn to avoid common pitfalls and misconceptions that stop great ideas coming to life Approach innovation in a more balanced way with the 6 Building Blocks helping you prioritize execution and value delivery from inspiration to implementation
Author: George Krasadakis
Publisher: Springer Nature
ISBN: 3030451399
Category : Business & Economics
Languages : en
Pages : 316
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Book Description
This book presents unique insights and advice on defining and managing the innovation transformation journey. Using novel ideas, examples and best practices, it empowers management executives at all levels to drive cultural, technological and organizational changes toward innovation. Covering modern innovation techniques, tools, programs and strategies, it focuses on the role of the latest technologies (e.g., artificial intelligence to discover, handle and manage ideas), methodologies (including Agile Engineering and Rapid Prototyping) and combinations of these (like hackathons or gamification). At the same time, it highlights the importance of culture and provides suggestions on how to build it. In the era of AI and the unprecedented pace of technology evolution, companies need to become truly innovative in order to survive. The transformation toward an innovation-led company is difficult – it requires a strong leadership and culture, advanced technologies and well-designed programs. The book is based on the author’s long-term experience and novel ideas, and reflects two decades of startup, consulting and corporate leadership experience. It is intended for business, technology, and innovation leaders.
