Innovation

Featured Innovation Articles

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The Easy Industry Research Hardly Anybody Uses

Before introducing a new product to an emerging industry, companies should track the evolution of its category labels.

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Using Open Innovation to Identify the Best Ideas

Which parts of your innovation processes should you open up to the wider world?

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The Dandelion Principle: Redesigning Work for the Innovation Economy

People who are “different,” behaviorally or neurologically, can add significant value to companies.

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Embrace Failure to Kickstart Innovation

Real Innovators Don’t Fear Failure

April 25, 2015 | Leslie Brokaw

One way to learn, argue Paul J.H. Schoemaker and Steven Krupp, is to “try to fail fast, often and cheaply in search of innovation.” Asking “what if” questions, they say, challenges executives to incorporate broader perspectives, stimulating “out-of-the-box dialogues that help leaders make better choices and find innovative solutions sooner.” Schoemaker and Krupp write that to help a team learn faster, leaders must frame mistakes as valuable learning opportunities.

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Are You a Steady Hand in a Sea of Uncertainty?

Open Access Brought to You By Wharton-189×60

Leaders need to be prepared to handle whatever comes their way — from sharp changes in the competitive landscape to unexpected external crises to internal projects that veer off course. Open access to this group of MIT Sloan Management Review articles on managing uncertainty is provided courtesy of Wharton Executive Education.

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Are You a ‘Vigilant Leader’?

CEOs need to scan for the faint — but vital — signals that will help give their companies an edge.

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Business Model Innovation

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Strategic Choices in Converging Industries

How can companies protect themselves when industries converge?

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Adapting to the Sharing Economy

New strategies are helping companies embrace “collaborative consumption” and the "sharing economy."

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Optimizing Your Digital Business Model

If you lack a good digital business model, your customers may leave you behind.

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How to Win With a Multisided Platform Business Model

What does it take to set up a platform where many constituencies can do business?

The Importance of Experimentation

Experimentation is often key to achieving innovative outcomes.

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Embrace Your Ignorance

The overconfidence of presumed expertise is counterproductive. Instead, data trumps intuition.

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