Insights

Mobilizing your managers towards innovation

Based on How to promote managers’ innovative behavior at work: Individual factors and perceptions by Burcu Kör, Ingrid Wakkee, and Peter van der Sijde, in Technovation (2021). Picture this: You’re an executive at a big corporation in the service industry. Your company’s performance has been historically strong, with minimal players in the field. But after …

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Starting Point: First steps to building one’s innovation portfolio

From Strategic and cultural contexts of real options reasoning in innovation portfolios by Carsten Kaufmann, Alexander Kock, and Hans Gemünden, in Journal of Product Innovation Management (2021). Any return requires risk. One of the biggest challenges that businesses face in becoming more innovative is the large risk associated with investing money in innovation.  Innovation projects …

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Fuel Your Growth: The Value of Innovation Consulting in Emerging Markets

Digital technologies have taken the world by storm with concepts like innovation, design thinking, and digital transformation. They’re more than just buzzwords—they promise growth within organizations, but some people are often confused about what innovation is and how to get there. Innovation—Defined! To start off, Rolan Garcia, CEO and Head of Innovation and Strategy at …

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Salvaging Genius: Reviving rejected Innovation projects with the Stage-Gate Model

From From trash to treasure: A checklist to identify high-potential NPD projects from previously rejected projects, Qin, Jian and van der Rhee, Bo in Technovation (2021). In the ever-changing landscape of today, companies need to ensure that they continue to innovate to create long-term sustainable advantage. New Project Developments projects (NPD projects) are the cornerstone …

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Understanding Digital Transformation: Have You Been Using The Term Correctly?

From Developing a Unified Definition of Digital Transformation by Gong, Cheng and Ribière, Vincent at Technovation (2021). Watch our video on Digital Transformation by Reese Lim With the rise of technology and modernization, it’s common nowadays to hear new jargons that pop up here and there. Although some professionals and academics take time to understand …

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Building Innovation Capabilities through the Academe

In recent years, a growing number of degrees centered on innovation have emerged. These innovation degrees are being offered by major educational institutions, universities, and business schools around the world.  The programs seek to provide innovators with the skills needed to identify emerging signals, trends, and business opportunities. These programs also help innovators develop their …

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