Given the complexity and uncertainty in today’s business world, organizations have been forced to consider and deliver continuous improvements. The customer experience is often a focal point of these improvements, with businesses looking for ways to implement continuous innovation and enhancement—especially if you are in the industry of selling the customer experience. But no matter…
90 Seconds of Innovation Podcast · I Know What My Customers Need In this series, Dr. Evans Baiya addresses different corporate excuses and mindsets that hinder our ability to innovate successfully. Don’t assume you always know what your customers need. Episode Transcript: How come you are not innovating? You actually have to address corporate…
Why do companies innovate? If you ask this of any company leadership, they will offer many reasons: “Because of our competition. Because of inspiration or motivation. Because our employees or shareholders want it.” The problem is, many leaders do not think about innovation during strategy creation. It’s a huge missed opportunity. Leaders often want innovation,…
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…
Innovation and why creating new value for your customers is essential. Originally published by Better Business Bureau, February 23, 2021. As a business owner, how you deal with disruption can dictate how well you run your business. After 2020, many small business owners not only stared adversity in the eyes, but they had to come…
90 Seconds of Innovation Podcast · Can’t Afford Innovation? Ron Price explains that innovation begins as a mindset and a mindset doesn’t cost any money. He says you should use that mindset to look for new opportunities around you. Episode Transcript What if my company can’t afford to invest in innovation? This is Ron…
90 Seconds of Innovation Podcast · What Are The Six Stages of Innovation? Innovation expert Ron Price discusses the Six Stages of Innovation and how businesses should use them to be successful. Episode Transcript What are the Six Stages of Innovation? This is Ron Price, co-author of The Innovator’s Advantage. Stage One is to identify…
90 Seconds of Innovation Podcast · What Are the Four Types of Innovation? Innovation expert Ron Price explains what the four types of innovation are and how to use them in order to create value for your customers. Episode Transcript What are the four basic types of innovation? This is Ron Price, co-author of The…
When planning or navigating a pivot, how do you know if you are pivoting in the right direction? Answer simple questions to validate your pivot and execute on four actions to help create speed-to-market. We are hearing the word “pivot” a lot these days. The idea is that business conditions have changed dramatically and, therefore,…
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