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,…
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,…
90 Seconds of Innovation Podcast · What Happens in the Develop Stage? Ron Price describes the importance of the Develop Stage and continuing to come up with new ideas to test. Episode Transcript What happens in Stage Three, the Develop Stage? This is Ron Price, co-author of The Innovator’s Advantage. In Stage Three, we continue…
90 Seconds of Innovation Podcast · What’s the Link Between Innovation and Creativity? Creativity is thinking of new things. Innovation is doing new things. Learn more about the link between creativity in this week’s podcast with Lori McNeill. Episode Transcript Have you sometimes wondered what the link is between creativity and innovation? Think about…
An innovation strategist lays out 6 ways leaders can make their companies more agile and able to survive the current crisis—and beyond. One of the key lessons coming from the COVID-19 pandemic is the need to create more resilient companies. Many organizations think they are resilient, but they are not. The U.S. has lost more…
While the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities. No matter the business climate, there is always a chance to do something new and something better—you just have to find it. This has never proven truer than now, with the way business has been forced…
A story from the 2019 Innovator’s Advantage Academy with Better Business Bureau Great West + Pacific. Few things can be scarier than challenging ourselves and our preconceived notions. Yet, fewer things can be more rewarding. This is my behind-the-scenes, unscripted story of how I challenged myself and my staff. We tore down our preconceived notions and…