Innovation doesn’t happen by accident. Find the structure, processes, and tools you need for your innovation strategy at The Innovator’s Advantage. Video Transcript: We always tell people and we remind people that innovation doesn’t happen by accident. As a matter of fact, you may have heard about these “accidental inventions,” but I can almost guarantee…
Which comes first, innovation or strategy? And how exactly should they work together? Dr. Evans Baiya explains. Video Transcript: Innovation. Strategy. What comes before what? Chicken/egg discussion that you always hear within an organization. We always say strategy is about the how. Innovation is the what. Strategy doesn’t—you don’t sell strategy. You sell innovation. But how you…
You cannot have an effective strategy without innovation and you cannot have useful innovation without creating the structure that comes with strategy. You need both! Video Transcript: Should your strategy include innovation? Yes, yes, and as many yeses as possible. Because, again, you are not developing or executing strategy without a goal. The goal is…
In helping businesses and leaders build their innovation abilities, I see certain traits that stifle innovation again and again. Whether they surface in an individual leader or employee, or afflict the organization as a whole, these repeating issues become a hindrance to future success. Here are 12 enemies of successful innovation to avoid on your…
Data can be a powerful enabler for innovation, but when used incorrectly, it can be a paralyzing force. It’s a critical component in measuring and understanding the need for innovation—if you cannot measure something, you cannot improve it. Whether you collect data based on historical perspectives or through experiments, it can bring the insights needed…
90 Seconds of Innovation Podcast · Why Do Innovations Fail? Why do up to 93% of all innovations fail? Innovation expert Ron Price discusses what gets in the way of successful innovation, and how we can combat those roadblocks. Episode Transcript: Why do up to 93% of all innovation initiatives fail? That’s right, up…
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…
In this article, we will look at how to identify and understand employee contributions, and learn how to work with idea generators, evaluators, and activators. The key to recovering from a business crisis is creating new value—whether it be new products or services, improving processes to be more efficient and save money, or identifying and…
Do you know what problem you are trying to solve? Learn how falling in love with your problem is essential to successful innovation. Episode Transcript The question today is a good one: what is your problem? Not you—the problem you’re trying to solve with your innovation. Most start-ups, individual innovators, or even large companies, corporate…
Decoding Innovation and The Innovator’s Advantage with Ron Price. Ron Price has co-written a new book with Dr. Evans Baiya called The Innovator’s Advantage: Revealing the Hidden Connection Between People and Process, due for release on April 11, 2017. We sat down with Ron to talk about what inspired the book and his collaboration with Evans….