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ALFACER
INNOVATION: DIFFERENTIATE INTERNATIONALLY. IDEA IMPLEMENTATION RATES IN IDEA MANAGEMENT. MULTIGENDER TEAMS INNOVATE BETTER. COMPANY IS LIKE R&D UNIT. |
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don't be afraid to innovate!
2008-03-17 04:50:00
ECONOMIC SLOW DOWN
I was living in Bangkok in 1997 when the Thai Baht collapsed,
wrecking havoc upon the local economy and sending other South-East
Asian economies into free fall. At the time, I was running a web and
multimedia production company - which had been a pioneer in the
field. Although we were a well established company - business slowed
dramatically in the months following the ...
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The Value of Employees Playing On-Line
2008-03-16 12:18:00
WEB: KILL PRODUCTIVITY OR INSPIRATION
A lot has been written about the web being a productivity killer. In
2005, research by Websense indicated that US businesses were losing
US$178 billion annually - or about $5,000 per employee - to time
wasted by employees using the web for personal activities while at
work.
Let us put aside for a moment the fact that Websense is web content
filtering ...
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YOUR EMPLOYEES THOUGHT UP YOUR COMPETITORS' INNOVATIONS FIRST
2008-03-16 07:19:00
Consider this: for every innovation your competitor successfully
launches, at least one employee in your firm almost certainly had had
a similar idea. And, if your firm had recognised, captured and
implemented that idea first, it would be your firm reaping the
profits of the innovation.
Think about it. You are a creative thinker. Doubtless, over the years
you have had numerous creative ideas ...
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INNOVATION INITIATIVE IN ORDER
2008-03-16 01:43:00
If you were to decide to launch a career in surgery, you would not
start off by jumping into an operating theatre and performing open
heart surgery. Likewise, if you are launching an innovation
initiative in your firm, you should not start off by setting up an
idea management tool and immediately trying to capture ideas. Because
just as the consequences of the first scenario would likely result ...
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*Output-Related Innovation Metrics*
2008-03-15 13:46:00
Measuring The Black Box
*
*Number of new products or services launched. *Clearly, a well oiled
innovation machine should produce tangible output. Tracking the number
of outputs makes sure the engine is running appropriately.
*Percent of revenues in core categories from new products. *As mentioned
above, this metric in isolation can unintentionally encourage needless
line extensions. But coupled ...
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*How to design innovation metrics*
2008-03-15 03:46:00
*Winning Metrics*
Organizations like the Boston Consulting Group suggest using a balanced
mix of metrics to assess a company’s innovation-related activities. We
agree. The metrics described below come in three categories: input
focused metrics, process-focused metrics and output-focused metrics.
Metrics are rarely one-size-fits-all. The best set of measures varies
considerably depending on ...
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*How to implement innovation metrics*
2008-03-14 03:29:00
*
More than two decades ago,* *management* *guru Tom* *Peters penned an
editorial titled* *“What Gets Measured Gets* *Done.” Indeed, one of the
findings* *from the research that Peters* *summarized in the 1982
business* *classic /In Search of Excellence /is* *that excellent firms
use measurements* *and metrics to make sure* *people spend time on the
things* *that really matter.* *
The theory ...
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HOW TO Implement INNOVATION metrics
2008-03-13 06:27:00
*From Theory to Practice** *
Implementing innovation metrics is no easy feat. The following steps can
ease the process.
*1. Focus, focus, focus. *In /Animal Farm/, George Orwell wrote, “All
animals are equal, but some are more equal than others.” The same is
true of innovation metrics. All the metrics described above matter, but
some matter more. Furthermore, what matters depends sharply ...
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Brain Waves Innovation Strategy
2008-03-12 10:42:00
Dynamic Horizons has been working with South East Water, which
provides drinking water and sewerage services to customers spread
over over 3,640 square kilometres, since late 2004 to develop the
successful Brain Waves innovation program. Brain Waves is about
growing South East Waters culture to support innovation in all forms
- from operational to service to business model innovation. It is
also ...
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INNOVATION: DIFFERENTIATE INTERNATIONALLY
2008-03-11 12:57:00
David is Chairman of The Chartered Institute of Marketing (CIM -
www.cim.co.uk) UK South East Region.
INNOVATION - THE INTERNATIONAL DIFFERENTIATOR
The search for strategic competitive advantage is a major driver for
both governments and businesses in the delivery of economic change,
differentiation and delivery of increasing value. In these contexts,
innovation is as much a cultural ...
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IDEA IMPLEMENTATION RATES IN IDEA MANAGEMENT
2008-03-10 12:17:00
An ideas campaign starts with a focused innovation
challenge, such as "In what ways might we improve the efficiency of
our fresh produce deliveries" or "How might we encourage more young
people to shop in our outlets?" or "How might we use less energy?"
Then you have a period of idea generation followed by an evaluation
phase in which ideas are sent to experts for peer review in order to ...
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MULTIGENDER TEAMS INNOVATE BETTER
2008-03-10 03:18:00
Research published by the Lehman Brothers Centre for Women at London
Business School last month found that teams comprising an equal mix
of men and women are best when it comes to innovation. Of course it
is no secret to innovation specialists that mixed teams generate the
most creative results. But most specialists have looked more at a
mixture of backgrounds, specialisations and expertise ...
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COMPANY IS LIKE R&D UNIT
2008-03-09 03:11:00
Innovation has traditionally been the preserve of research and
development (R&D) units in most companies -- particularly
manufacturing and engineering firms. And that makes sense. After all,
R&D units are responsible for introducing innovations that keep their
products ahead of the competition.
Now that innovation has become a sexy business concept and is being
introduced across entire ...
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Why the right brain rules
2008-03-08 04:16:00
"A Whole New Mind" is about the increasing demand for right-brain skills-synthesis, design, storytelling-over left-brain skills such as performance of sequential, logical tasks. Which are you, a righty or a lefty? For those who haven't read the book, explain a bit about the impact of abundance and Asia and automation, and why they are making right-brain functions more ...
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Are Diet Foods the Real Thing?
2008-03-07 23:58:00
Top News Diet Coke turns 25. The world hasn't been the same since. But despite the hype, most consumers still want the calories
The debut of Diet Coke 25 years ago was a splash heard around the world. A troupe of Rockettes pranced before a giant soda can on stage at New York's Radio City Music Hall in front of 6,000 people. Little did the company realize, however, the important part it ...
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