Since my background is the science of language – linguistics – I always try to be as precise as possible when it comes to communicating our concepts to the market and our customers. I can tell you, terminology is not an easy job. You can see what I mean with a few quick online searches of... Read More

I read a recent article which refers to a joint paper from CIMA and AICPA called Managing Innovation: Harnessing the Power of Finance and is based on interviews with senior finance leaders at companies like Coca-Cola, Royal Dutch Shell and BT. Read More

Editor's note: This is the second in a series of three blog posts over the coming weeks. Read part one of this series. Read More

The latest research published in MIT's Sloan Management Review (Spring 2013) includes a study of 759 companies from 17 major markets worldwide. The study found that corporate culture was a key driver of companies that were more innovative. Using the study as a springboard, Professors Jay Rao and... Read More

Traditional ways to screen new product innovation opportunities includes effort/benefit analysis, cost/margin analysis, or risk/attractiveness matrices. A different method to screen these opportunities is to pay close attention to the expected differential economic value they generate versus... Read More

One of the things we recognize as we work with customers about to undertake this kind of initiative is that it can be daunting. There is a lot to do. Further, the work can be risky from a personal as well as professional standpoint. It would be great if we could just show up, deliver and implement... Read More

I was looking for more information on how well ideation processes work this week, and I came across a great study by Karan Girotra, Christian Terwiesch, and Karl T. Ulrich at University of Pennsylvania was called “Idea Generation and the Quality of the Best Idea”. They ran a clever experiment to... Read More

For innovation initiatives to have the most impact, they must be tied to the strategic objectives of the company. Too often, I've seen R&D managers working in the dark, not knowing what is important to the company or to the customer. If R&D managers don't know their company's priorities, they can't... Read More

Editor's note: This is the first in a series of three blog posts over the coming weeks. Read More

Editor's note: This is the second in a series of three blog posts. Read More