90 Seconds of Innovation Podcast · How Do Innovation and Strategy Work Together? Is your organizing growing, or becoming irrelevant? Dr. Evans Baiya argues that innovation and strategy must work together to create value for customers. Episode Transcript: Have you ever thought about how many companies die every year with beautifully made strategic plans?…
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…
When you think about your job, how do you feel? Truly think about it—write something down even. Are you fulfilled? Frustrated? Overwhelmed, engaged, proud, bored, thankful, unchallenged? If you’re feeling unchallenged and frustrated in your work, then something needs to change—and soon. Because it’s likely you will realize, or already have realized, that your position…
Being an inventor is a great achievement. After all, you are the one who comes up with the ideas, or a new discovery. From incandescent light bulbs to the internet of things (IoT), inventors have made untold numbers of improvements to our lives. We have been privileged to work with many people who are truly world-class…
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…
90 Seconds of Innovation Podcast · Does Innovation Have to be Big? Innovation is the creation of value—no matter the size or scale of that value. Ron Price shares more about the different types of value creation and the endless ways to create value. Episode Transcript Does innovation have to be big? No! This…
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…
Businesses that are surviving are those that were either prepared or those that pivoted quickly, innovated, and found ways to keep delivering value for their customers. The business world has been significantly disrupted by the pandemic. During situations of macro disruption, most people look for ways to first survive and eventually emerge from the circumstances…
90 Seconds of Innovation Podcast · What is Incremental Innovation? Ron Price outlines a specific type of innovation—incremental innovation. Does your company take advantage of incremental change in your innovation process? Episode Transcript: What is incremental innovation? My name is Ron Price, co-author of The Innovator’s Advantage. Actually, most innovation is almost invisible. It…
Cassie Benson, from Neudle + Neudle Creative Lab, shares what she’s learned about value and innovation from The Innovator’s Advantage. Video Transcript: Cassie Benson: Originally, I would’ve probably lumped innovation and creativity in the exact same bucket. I would have just assumed that innovation means creating new things. And through this process, I’ve learned that…
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