Based on research work done by Doblin, a subsidiary of Deloitte
Many people equate innovation with the development of new products. But coming up with new products is just one way to innovate. After studying more than 2,000 business innovations throughout history, Doblin discovered that the majority of breakthroughs did not come from technical/engineering inventions or amazing discoveries. Instead, innovations resulted from within a framework of 10 dimensions and now, anyone can use this framework to develop their own innovations…
Everyone believes they have innovative ideas but the reality is only a small percentage of innovative ideas turn out to be huge successes. The vast majority of these so-called innovative ideas do not succeed because they are actually not that innovative at all. In fact, some research estimates suggest that as many as 80%-90% of these innovative ideas fail. After 20 years of studying thousands of innovative ideas – including the successful, the semi-successful and the downright disastrous – we have reached the conclusion that there are 5 simple secrets to innovative ideas that get BIG results..
Business model innovation is about identifying new ideas to create and deliver additional value to clients. There are many ways of course but here are the five most common strategies. 
There are different ways an organization can innovate. Essentially, there are three types of innovation: product innovation, process innovation and business model innovation. These types of innovation can include breakthrough innovation (very rare) or incremental innovation(much more common). To stay relevant, all organizations big or small need to consider each of thesetypes of innovation at some stage.
Whether it is your business you are trying to change or your life, you need idea generation techniques to come up with new and novel ideas to get different results. Now of course there are hundreds of techniques and approaches. However in my opinion, there are 5 brilliant techniques that are particularly effective. The 5 techniques are listed below and it is important to note that each one of these is a standalone techniques that can suffice on its own or work in combination with each other.
No, creativity is not just about a guru coming out with that earth-shattering idea or product. We are talking here about creativity for ordinary people. How does an ordinary person create difference and innovation in their average day at work or at home? So whether you are an executive, an entrepreneur or a housewife, here are some techniques for you to unleash your creativity…
There are many creativity and innovation tools out there for deployment in the workplace but there is one tool – or rather a brainstorming technique – called SCAMPER that can help you to generate a lot of ideas for development of new products/services and especially for innovating existing products/services…
Recent Comments