Knowledge Management and Innovation Knowledge management is essentially the cultivation, harvesting and utilisation of knowledge.As innovation is the commercialization of new ideas, knowledge plays a pivotal role in the innovation process. It’s an essential part of making sure you capture the most from yourinnovation efforts. How to Boost Your Knowledge Management Capabilities You can gain […]
Change Management and Innovation In today’s business environment, change management is an imperative. Innovation and change aren’t things that happen now and then. They’re an ongoing and dynamic process that you must actively manage to maintain: Alignment with your business environment Your competitive advantage over the long term. You must effectively move from the relative […]
Killing Innovation Projects with The Stage Gate Innovation Selection Process An excellent approach for managing the effectiveness of your investment in innovation is the Stage Gate process. Innovation project selection and investment becomes particularity important as you move beyond the smaller low risk opportunities to large and more radical projects involving higher degrees of uncertainty. […]
How to Search for and Select Innovation Projects Managing innovation requires generating lots of ideas and saying ‘no’ to potentially good innovation projects so you can pursue those within the bounds of your resources, capabilities and strategic direction. You can’t afford to innovate at random or pursue all potential innovation projects – you must select […]
Harnessing Innovation Potential by Leveraging Creativity from Constraints It sounds counterintuitive, but creativity from constraints is a thing. Have you ever wondered why large corporates with apparently unlimited resources still struggle to innovate effectively? Meanwhile, smaller businesses with minimal resources are often more innovative. Often this is due to creativity from constraints – the boost […]
