Research of current practices among today's manufacturing companies has identified a number of critical points where innovation processes typically break down. The consequences of those failures are amplified for companies faced with the complexities of managing innovation resources and outcomes on... Read More

Innovation is something that cannot entirely be scheduled. It is possible to plan to do innovation work (the key word being work). One can allocate time to work on a strategic innovation plan, or a particular deliverable for a given product development project. But actual innovation cannot be... Read More

Most of us work in an environment where the objectives we have to deliver exceed our currently known initiatives. This happens at all levels of the company. The executive suite has to deliver to expectations set by its shareholders. A brand manager has to deliver to expectations set by divisional... Read More

There are several major business, economic and market circumstances and trends that have forward-thinking companies exploring innovation opportunities beyond traditional new product development initiatives. The major circumstance and trends driving these initiatives include: Read More

Working with a client recently, a senior R&D leader was asked how many people in the company report to her. She answered 20. On an organization chart, she’d be right. But in the innovation world, the correct answer is close to 60. Read More

R&D has not typically reported on the process they use to generate new innovative ideas, but more often the results. Prior to the advent of the Open Innovation as a business activity R&D had no reason to report on the amount of external collaborations or external partner’s contributions to research... Read More

For over a decade, our sole focus has been to help our customers grow organically through the strategic use of innovation governance software solutions. Our track record of helping more than 250 of the world's leading companies to adopt innovation and product portfolio management (PPM)... Read More

The results also show that being highly effective at idea conversion is more important to financial success than being highly skilled at generating ideas. - Booz & Company - 2012 Survey of the Global 10001 Read More

We're at the CoDev conference in La Jolla, California. CoDev is co-organized by the PDMA and brings together an exciting array of companies committed to developing their products and services through active partnerships with outside organizations (Co-Development!, Open Innovation, JV's, etc.,). Read More

Today we launch a new website and with it, a new era for Wellspring Worldwide that has been a decade in the making. The new website marks an exciting time of growth, expansion, and evolution, coinciding with our new corporate headquarters, marketing campaign, and formal launch of new modules and... Read More