We all have blindspots as individuals. Thousands of books in psychology explain why that is the case. But why do organizations have blind spots? When you put people together, they... read more →
Although every organization has an innovations strategy, not every innovation strategy is intentional and deliberate. There are two ways by which organizations create their innovation strategy. First, firms often allow the... read more →
In the ordinary course of business, emergent innovation strategies do a good job. They arise from a deep-rooted wisdom of the past and tends to replicate past successes. I have earlier written... read more →
People often associate innovation with technology. They consider high tech businesses as more innovation-heavy than low-tech businesses. It is a gospel that one rarely stops to question. But it is... read more →
Some people believe that ideas have the ability to persuade people. A good idea will succeed on its own. I used to share this thinking early in my career. But... read more →
Why do some innovators make money whereas others do not? Why was the iPhone so profitable whereas Tivo made no money? Is it just luck or is there something more... read more →
If you ask someone the question "which function drives innovation in a company?", the most likely response will be R&D. After all, R&D spends the most time on inventing and improving... read more →
The problem of innovation is not that organizations do not innovate. In fact, every company innovates as if innovation is its second nature. Most businesses make innovation choices in an... read more →
How many types of innovations are there, really? As an innovator, you must have asked this questions at some point. If you are searching for innovation opportunities, it is helpful... read more →