You could be missing out on $1,237 per employee in untapped ideas. No, really! According to a 2019 study by IdeaScale, each employee has on average $1,237 worth in unused ideas. A separate study also showed that employees come to work with an average of 8 to 10 new ideas every day that could help…
The case for making innovation contribution a part of every performance evaluation. Over the past several years, my co-author Ron Price and I have seen an increasing number of companies embrace innovation as part of their strategic plan, even going so far as to create new company roles such as chief innovation officer, innovation analyst,…
Learning how to pivot is a critical skill for leaders and innovators who will undoubtedly experience uncontrollable circumstances. What happens when you run an experiment and the outcome is not what you had planned? One of the traps of experimentation is expecting the testing to validate your thinking. It is natural to want the experiment…
Everyone contributes to innovation at different levels and in different stages. Episode Transcript The question today is, is everyone an innovator? The answer is yes, yes, yes! Everyone is an innovator. How do I know that? We have what we call the Innovation Fitness™ Score. Everybody has an Innovation Fitness™ Score. In other words, we…
Are you looking for the next big thing? Searching for an idea that will attract new customers, improve your offerings, or simply give you a leg up on your competition? The good news is you probably have most of what you need already at your fingertips: Your employees will be the defining factor to your…
We’ve all seen plenty of disruption over the past year-plus. But believe me when I say disruption is a gift. Here’s why: Disruption offers one of the most golden opportunities. It gives us the opportunity to learn, to change, and to dream. Now is the time to be a student, a change agent, and a…
The pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions. During COVID and the VUCA season it has created, we have seen ample reason…
Are these personality types present in your team? Innovation is fundamental to grow and sustain an organization. Yet when it comes to innovation, leaders often make the mistake of involving the wrong team members in the process, which ultimately stalls or kills the initiative. What if I told you there are just six high-performing innovation…
The following is the Afterword found in A World of Creativity by Mark Stinson. As an innovation thought leader, I find creativity one of the most important and captivating subjects. We cannot innovate without raw materials, ideas which are birthed through creativity. The reason creativity is captivating and even magical is because there is no end to…
In this article, we’ll look at three ways to engage customers and create products they want to buy right now. If you have an idea for a product or service but are uncertain about launching something new during the pandemic, rest assured that people are still buying. They are looking for solutions to the unique…