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The Top 6 Features of an Idea Management System

September 30, 2014
I was recently asked by an associated of mine what I thought was the top features an idea management system must have or must do. This is an interesting question and I thought I'd share with you what I think and why, but I'd like to hear what you guys think also so please by all means jump in and... Read More

Technology Development and Open Innovation

September 23, 2014
Companies with complex products or processes are frequently engaged at a given moment in a number of activities which can be described in terms of technology development, open innovation or both. In my experience, it is advantageous to link some of these by implementing a technology development... Read More

Sustainability Strategy and Innovation Initiatives

September 16, 2014
Sustainability has become a key aspect of company strategy, discussed at all levels of the organization as well as with customers, investors, and the public at large. However, it is not always easy to demonstrate the alignment of the specific innovation initiatives you are working on with the... Read More

Innovation Club U3

September 09, 2014
In a prior role, I was responsible for leading a bottom-up innovation program at a large Fortune 50. Although I had top level support, the culture of the company at the time was such that the initiative was structured to be bottom-up. I had to win the hearts and minds of people and show value... Read More

Overcoming Barriers to Sustainable Growth Through Innovation in Consumer Goods Markets: Making Product Portfolio Management Real

September 03, 2014
Product portfolio management determines the innovation investments businesses will fund—and those they won't—in order to achieve performance goals. For consumer goods firms, these investment options extend across the entire innovation lifecycle and include early-stage ideas, new product concepts,... Read More

Ideas Need a Village to Become an Innovation

August 26, 2014
In 1996, the First Lady of the United States Hillary Rodham Clinton published a book called It Takes a Village: And Other Lessons Children Teach Us. In the book, Mrs. Clinton focuses on the impact individual and groups outside the family have, for better or worse, on a child's well-being.... Read More

How to Integrate Enterprise Cost Savings with New Product Development and Innovation Programs

August 20, 2014
Rising raw material costs. Pricing pressure. Economic uncertainty. Profit margins squeezed. For most companies, factors such as these have made the need to drive down costs and improve profitability a top strategic priority. Read More

Innovation Process Management: How Can We Involve Top Management?

August 19, 2014
Over the past several years, a significant amount of my work has been with large companies. In working with them, I have assisted with their innovation processes, specifically, improved the way they should manage their innovation processes. Innovation process management includes methods and... Read More

Dream Beyond the Here and Now to Innovate

August 12, 2014
One of my favorite quotes is from Albert Einstein: Read More

Aligning Product Portfolios with Strategic Plans

August 06, 2014
Product portfolio management is the link between business strategy and the actual investments being made in product development. It is the governance process that determines the types of projects that enter into and remain in the development pipeline. However, many companies struggle to keep... Read More

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