BLOG: ARTICLES AND WHITE PAPERS AROUND INNOVATION
GIMI Blog is a compilation of the most relevant content around innovation. Thought Leaders, Innovation Practitioners and Enthusiasts share their articles and white papers to empower us to make smarter, bolder and faster decisions.
Are Innovators Moving Beyond Incremental Innovation?
Are Innovators Moving Beyond Incremental Innovation? Insights by Rob Hoehn — Board Director of the GIM Institute The automobile didn’t disrupt horse-drawn carriages. Or at least not right away. It wasn’t until Ford introduced the egalitarian Model T that could be mass produced and adopted by a large percentage of the public that the equestrian […]
The Netherlands | GIMI Country
THE NETHERLANDS The 2nd most innovative country that reclaims its land from the sea The Netherlands has achieved the no. 2 ranking in Global Innovation Index 2018 (GII), and is overtaken only by Switzerland. According to GII, Holland has a “strong, interlinked business sector that collaborates well with universities.” GII also stresses the fact […]
Hungary | GIMI Country
HUNGARY Home of the best-selling toy of all time – the Rubik’s Cube Hungary ranks 33rd in Global Innovation Index 2018. It stands out on a global scale with its successful effort to translate investments on education; a high number of qualified researchers and high R&D expenditures converted into high-quality innovation outputs. In early […]
Was innovation always the first solution we reached for?
Was innovation always the first solution we reached for? History of Business Innovation https://www.giminstitute.org/index.php/product/game-changers/ Innovation has always been with us: it is one of the main motors of economic development and progress. However, it has taken a long time for it to emerge as one of the central subjects of business activity and theory. It […]
GIMI certified professional about IXL Innovation Olympics
Global Innovation Management Institute (GIM Institute) thanks to the amazing innovators worldwide for their tremendous contribution to the GIM Institute. They have helped increase the number of individuals and companies certified in innovation management capabilities globally. With their support, GIM Institute has furthered its mission in democratizing innovation through global standards, testing protocols and certification.
What is innovation and why is it important?
What is innovation and why is it important? Why do companies need to innovate? Let us look at successful companies in the past 30 years to understand why innovation is important in an organization. In the 1980s, there was Kodak and Delphi. At the time, every moment, every event was captured with film cameras typically from Kodak. […]
4 Reasons to Train Your Workforce in Innovation
In order to better help our customers who are running innovation programs, IdeaScale does a great deal of research into our customer’s goals, usage, organization, and performance and this year we were startled by one of the trends that we discovered in our customer data. Even though IdeaScale customers are reaching out to their entire […]
Top 3 Guidelines to Drive Innovation Results
By: Bert Fickel So often, I’m asked about best practices on how others have developed innovation within their company. While it’s not easy, there are some basic guidelines that can drive improved results. Are your people ready to drive innovation? Very often, only a few high level folks have the right skills and yet so […]
Can Large Companies Really Innovate Like Startups?
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Large companies are not start-ups and never willbe. They are designed and operate differently. To innovate effectively, large companies can’t just replicate start-up principles. Rather, they must adapt them in ways that are smart and tailored to their organization. Visionary leaders understand the marketplace is rapidly […]
The Seven Blind Mice, or Why the Execution of Innovation Fails
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Organizations tend to spend most of their innovation efforts on generating, evaluating and selecting ideas. While this is important, the real challenge emerges when attempting to bring these ideas to market. For many companies, the execution of innovation continues to remain an “afterthought” rather than becoming a […]
Cracking the Code: How to Innovate and Execute Great Ideas
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC There is myth and mystique surrounding innovation, namely that its key lies in finding great ideas and selecting the best ones. However, this quickly dissolves when these ideas meet the challenges of execution. The troubling fact is that as companies are pursuing entrepreneurial and intrapreneurial and efforts […]
Agile Strategies and Start-up Thinking in Large Companies: How to Make It Actually Work
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Agile Innovation and Lean Startups concepts have been around for a while. But if you ever tried to apply these entrepreneurial concepts in a large company, then you know that it is quite challenging and can be frustrating. (I know this from my first-hand experience). The reason for this […]
7 Fascinating Conclusions From ‘INNOVATION – Creating the Future’
By: Knowledge, Innovation and Strategies Management Club The international conference “Innovation – Creating the Future” attracts more than 200 delegates from over 15 countries, brings businesses and universities together and provokes them to brainstorm on how to work together for a better future for both parties and how innovation could be an integral part for a […]
Why is it important to certify a professional in Innovation?
By: Vera Oliveira Santos Head of Innovation at WINNING Scientific Management The concept of innovation has already been applied in Portugal with the competence. The next step is to acknowledge capabilities that allow to ‘make it happen’ in a disciplined way and with measurable results Innovation has become a buzzword in the speeches of […]
Agile Development and Lean Startup Methodology: How Do They Fit Your Innovation Agenda?
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Having worked with a number of companies over the last two years implementing “lean startup” processes, I’ve noticed that there is still quite a bit of confusion surrounding certain Lean Startup concepts and Agile Development. More specifically, can they be integrated with the Stage-Gate process many […]
Government Innovation From Within
UAE Edition. Part 1 By: Rafael Lemaitre, ShiftIN Partners Based on our research undertaken in cooperation with the United Nations University – Maastricht Economic Research Institute on Innovation and Technology (UNU – MERIT), and sponsored by ShiftIN Partners and The Global Innovation Management Institute, we surveyed circa 250 government leaders in the UAE (at […]
Government Innovation From Within – 2
UAE Edition. Part 2 INNOVATORS AND THEIR ORGANISATIONS By: Rafael Lemaitre, ShiftIN Partners During our research we examined various factors at both the individual and organisation levels. For the individuals we analyzed their skills, domain knowledge, risk appetite, and attitudes while at the organisation level we looked at leadership styles, incentives, and processes. Innovators Characteristics […]
Government Innovation From Within – 3
UAE Edition. Part 3 INNOVATION IMPACT By: Rafael Lemaitre, ShiftIN Partners Measuring the impact of innovations is not a straightforward task and is an area of high subjectivity. However, it is important to try to understand the perceived impacts that innovations have within the different entities surveyed. We asked the respondents if their organisations had […]
Rapid, iterative experimentation process – A ‘Lean Startup-style’ approach to innovation
By: Courtney Wood, Ron Jonash & Mick Simonelli The emergence of disruptive digital technologies and changing customer expectations has made innovation an imperative for companies to remain sustainably competitive and stimulate growth. Realizing the benefits of innovation requires a systematic approach to not only generating novel ideas but converting them to meaningful business value. Rapid, […]
What the most innovative organisations are doing to speed up innovation?
The Road To Innovation In The Middle East. Part 3 By: Carlos Guevara and Dr. Hitendra Patel, with special collaboration of Dr. Saeed Al Dhaheri, Sudarshan Chakravarthi, Lisa Nyman, and Anthony Denatale “We asked our clients and experts for their recommendations for organisations trying to master the art of innovation. Here is what they answered.” […]
Spot-Frame-Learn: From Emerging Technologies to New Business Models
By: Dr. Irene Spitsberg, the Managing Director at InnoVentures LLC Last week, I was co-presenting with Owens Corning’s innovation team at the IRI 2017 Annual Meeting in Boston. We shared a success story about building organization’s competency of integrating technology and business model innovation to drive business investment in new growth platforms and fast tracking ideas to […]
Business Trends: Navigating the Next Wave of Globalization
Source: Deloitte University Press Today’s business leaders need clear, concise and well-informed perspectives on important dynamics that are currently reshaping the business environment. Deloitte’s Business Trends 2014 features nine trends all directly related to a major question for many organizations: What is going on with the global economy? These trends – firmly rooted in longer […]
The 6 Most Common Innovation Mistakes Companies Make
Source: Harvard Business Review The problem was clear. The executive team of a consumer healthcare company had concluded that the rise of new competitors meant the company needed to up its innovation game. The company had spent the past two decades focused on implementing Six Sigma processes across the enterprise and it was primed to […]
Tasks of a Chief Innovation Officer: External Idea Sourcing
Source: Forbes It’s a high priority for firms in virtually every industry to innovate, and companies are responding differently in how they organize to tackle the challenge. Some have created Chief Innovation Officer and/or Chief Design Officer positions that can report to either Chief Marketing Officers, Heads of R&D, or directly to the President. […]