Innovation

Featured Innovation Articles

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How Office Seating Arrangements Can Boost the Bottom Line

Investopedia CEO David Siegel describes his innovative approach to office seating arrangements.

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Building Scalable Business Models

Many successful companies today leverage business model scalability to achieve profitable growth.

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Developing Successful Strategic Partnerships With Universities

Companies often struggle to establish and run university partnerships effectively.

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Collaborative Innovation

Winning With Open Process Innovation

November 14, 2017 | Georg von Krogh, Torbjørn Netland, and Martin Wörter

Managers in manufacturing companies often keep process innovation activities tightly under wraps. Some companies have good reasons for keeping process innovations concealed. However, the authors’ research suggests that for most manufacturers, such defensiveness deprives companies of a valuable source of ideas for productivity improvement. Many manufacturers, they argue, can benefit from sharing process innovations rather than keeping them secret.

Developing New Business Models

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What Sets Breakthrough Strategies Apart

Innovative strategies depend more on novel, well-reasoned theories than on well-crunched numbers.

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What You Need to Know Before Starting a Platform Business

Frontiers |

There’s probably never been a better time for platform businesses. But they aren’t easy to launch.

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Building a Winning Business Model Portfolio

Business model diversification requires careful assessments of each model’s strategic contributions.

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The Hard Truth About Business Model Innovation

Successful business model innovation requires an understanding of how business models evolve.

Digital Innovators’ Survival Tips

Surviving in an Increasingly Digital Ecosystem

Companies today will have to reinvent themselves to survive, and every large and ambitious company should be trying to figure out how to become a destination for its customers. Consumers are voting with their mobile devices and choosing from a handful of dominant “ecosystem drivers”— businesses such as Amazon and WeChat, which become destinations for their customers’ needs by offering complementary or sometimes competing services — for each domain in their lives.

The Silicon Valley Caravan: What Sets the Tech Upstarts Apart?

For tech giants and startups alike, Silicon Valley success is grounded in core business values and processes rather than technological know-how — with a unique twist. Tech businesses have made a commitment to flexibility that allows them to reshape their business models to the needs of an ever-changing digital environment, which gives them an advantage over less-adaptable traditional companies.

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A New Look at Design Thinking

Why Design Thinking in Business Needs a Rethink

September 12, 2017 | Martin Kupp, Jamie Anderson, and Jörg Reckhenrich

To reach its full potential, the popular innovation methodology must be more closely aligned with the realities and social dynamics of established businesses.

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Developing New Products

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Jump-Starting Innovation

How to Catalyze Innovation in Your Organization

The authors’ research suggests that, rather than leaving the development of innovation to serendipity, executives should create collaborative contexts where innovation is likely to emerge from unpredictable pockets of creativity within an organization. By understanding and tapping the power of employee networks, executives can stimulate the creation of these kinds of collaborative environments.

Harnessing the Secret Structure of Innovation

Innovation, much like marketing and human resources, can be made less reliant on artful intuition by using information in new ways. But this requires a change in perspective: We need to view innovation not as the product of luck or extraordinary vision but as the result of a deliberate search process.

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Innovation By the Numbers

Creating Better Innovation Measurement Practices

September 12, 2017 | Anders Richtnér, Anna Brattström, Johan Frishammar, Jennie Björk, and Mats Magnusson

Finding the right metrics to track innovation is by no means straightforward. To steer clear of common mistakes, executives need a holistic perspective on their company’s innovation process.