Innovation Best Practices
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390 episodes
When I read on the website the headline of smart concrete could pave the way for high tech, cost effective roads, it captured my immediate attention. Concrete?! Self healing roads? If you can find major possibilities like this in concrete, you just may be able to find innovative possibilities anywhere. Give this a listen. Contact: richard@i2ge.com
It is a bit stunning but there has been almost no relevant innovations to product pages in 20 years when 1-Click and product reviews were introduced. We have developed six innovations that optimize product page persuasiveness and create much high levels of customer satisfaction because they have the right information to make confident purchase decisions. Contact: richard@i2ge.com
Recently in reading Entrepreneur magazine I discovered it couple of simple but potentially very powerful methods of helping people to be highly successful with innovation. In this short podcast I share these insights and there's a good chance they can help you. Contact: richard@i2ge.com
If I say so myself, this is a really practical, solid research-based podcast that I believe can help virtually everyone that is even close to the field of innovation. It is a checklist of what your strategy needs to encompass if you are going to be successful. This is one of the more solid and practical set of insights that helps you achieve more successful innovation. Contact: richard@i2ge.com
Make no mistake about it, there is an extraordinarily high level of disruption going on in the auto industry. It is led by Tesla. At the moment, companies are making big noises and promises about getting into electrical vehicles, but they are years behind Tesla. McKinsey provide some compelling insights into the situation and the need for legacy auto companies to get their act together now or it may be too late. Contact: richard@i2ge.com
Tyler, the son, first tasted coffee when he was five years old. His father could not tolerate it because it upset his stomach. Ian, the father, a genius biochemist, tinkered on his own time to develop what no university lab or mega corporation could develop at the time, an acid free coffee. The son at an early age started turning this into a business. A fascinating father and son story worth listening to. Contact: richard@i2ge.com
This is drawn from an article published by McKinsey. Successful innovating in CPG like companies is extremely challenging and difficult, as I know from my own experience being in CPG companies as an executive for 26 years. This article points out the very important and critical role that a product development product manager plays. It covers the challenges they face and how they can be overcome, including the critical roles they need to lead and facilitate. Contact: richard@i2ge.com
This is drawn from an article published by McKinsey. It provides compelling data and suggestions on the need for innovation in this post virus world, the kind of innovation that could be needed, and the challenges we face in innovating in new ways. If you're in CPG or even close to CPG, this is a must listen. Contact: richard@i2ge.com
My interview with Susan Robertson is a very insightful one. Her successful career spans CPG, innovation consulting, Harvard Continuing Education, and now her company Sharpen Innovation. Contact: richard@i2ge.com
In this podcast, I urge you to innovate now to take advantage of the major changes in consumer habits and practices and position yourself for growth coming out of the pandemic. I also urge you to use highly proven innovation best practices so that you can consistently double your innovation success rate versus the industry average of only 20% -- 25% success. I also briefly share with you an example where these best practices solved an innovation need for a major international company after two previous external innovation companies failed to solve the need. Contact: richard@i2ge.com
This podcast is drawn from a Forbes related article pointing out the urgent need for innovation. As I have mentioned in previous podcast, research demonstrates that the level of innovation during the pandemic across industries has dropped significantly with the notable exception of Pharmaceuticals with vaccine work. We are now faced with multiple planet challenges that previously included things like climate change and sustainability and we've now added pandemics. Now is a time for worldwide innovation collaboration. Contact: richard@i2ge.com
Change is happening so fast and so dramatically in the retail and ecommerce worlds, that I wanted to share this stimulus with you about the direction and nature of these changes. Clearly understanding customer needs and frustrations is a great beginning point for innovating solutions an entirely new concepts enabling you to win at the point of purchase. Contact: richard@i2ge.com
I am sure that when you read the title of this podcast, you thought I probably made a big mistake. Nope. This is an extraordinary breakthrough that has major implications for every form of energy use ranging from traditional batteries to cell phone batteries to electric car batteries and to major commercial applications. They already have proof of concept and are moving into production with timelines for products being in the marketplace ranging from two to five years. Contact: richard@i2ge.com
This will very probably become a classic episode. Yes, it's about the mindsets necessary to solve problems, but it's also how you use exactly the same set of skills and abilities to develop breakthrough innovative solutions to problems and optimize opportunities. It has suggestions and deep insights into methods like curiosity and embracing imperfection and much more. Everyone who is looking at this can benefit from this podcast. Contact: richard@i2ge.com
In the early stages of the pandemic, companies learned that they needed to change far faster than they ever have thought possible in the past. This has provided some very valuable lessons about how much greater speed can benefit every major part of the organization. Having said that speed is good, achieving it is not that easy. This shares research results on what companies are doing to achieve greater speed ongoing. The data is very clear that the companies who are fastest are almost always the most successful. Contact: richard@i2ge.com
You are probably aware of many areas of our life that have changed as a result of the pandemic. McKinsey published some very helpful research about the specifics of how the world has changed in eight areas of our life. You may be amazed at the magnitude of change. I think you will be shocked by their estimate of how long it is going to take to fully recover from this pandemic. Contact: richard@i2ge.com
Highly respected McKinsey issues a warning two innovators during the current pandemic. It is great advice about what we can do and should do as innovators. This is a period of time we're the best innovators can create new sustainable competitive advantages in this period of major change in consumer habits and practices. Contact: richard@i2ge.com
In this powerful and insightful research done by McKinsey, we learn that 90% of executives believe their business will fundamentally change in the next few years because of the current pandemic. Unfortunately, we also learn that during the pandemic the importance of innovation has dropped dramatically. The evidence clearly shows that those companies that are successful in innovating during a crisis reap major financial benefits in the post crisis years. Contact: richard@i2ge.com
Israel combines the power and urgency of necessity based on where they are located with a government that supports and nourishes innovation. Learn the details of how they are known as the Start Up Nation. Contact: richard@i2ge.com
Historically the healthcare system has had innovation but most innovations took years to develop. During this crisis the pace of innovations has needed to rapidly accelerate. This shares a doctor's innovation frustrations and hopes. Contact: richard@i2ge.com
Science is already learning lessons about how to respond to a pandemic. Interestingly and MIT economists has come up with a proposal for dealing with this in any future pandemics that holds great hope of responding faster with better solutions. The principles articulated in his ideas may also work in other areas where innovation is needed. Contact: richard@i2ge.com
Science is already learning lessons about how to respond to a pandemic. Interestingly and MIT economists has come up with a proposal for dealing with this in any future pandemics that holds great hope of responding faster with better solutions. The principles articulated in his ideas may also work in other areas where innovation is needed. Contact: richard@i2ge.com
Our world has had no choice but to innovate and innovate quickly and in many ways to change fundamentally. Occasionally, I am sharing with you stories that people are writing about their experiences with this kind of change in the hope that it might inspire and help you in the world of change that you're dealing with. Contact: richard@i2ge.com
Some wonderful plain spoken innovation advice form a small business with an eye on constant innovation. A small business that thinks big. Contact: richard@i2ge.com
This advice comes from a small company in a CEO in small town North of Boston. Normally I do not share advice except from bigger companies which is something I should probably reexamine. This is great plain talking innovation advice that all of us can benefit from.
This podcast was a lot of fun for me. The success stories are absolutely amazing. The three principles that are the foundation of frugal innovation are translatable to virtually any business and any need. This is true ingenuity with many of the examples being very quick and highly effective innovative solutions in response to the current pandemic.
Generating at least 12 X more ideas than brainstorming requires the freedom and ability to have fun while expressing wild and wacky ideas. Learn proven and practical methods for eliminating fear and injecting freedom and fun into creativity. Contact: richard@i2ge.com
Since open innovation was first introduced in 2003, it has become, in my opinion, the most important fundamental contribution to innovation in over two decades. This podcast provides an update on the results of open innovation and the learnings that can make it far more effective from the perspective of the author of the first book on open innovation. Contact: richard@i2ge.com 8/30
This article points out some unique situations where individuals can be as successful or more so than teams with particular kinds of innovation. Their proposition is intriguing. Even in these situations, various forms of collaboration continued to be important.
I had never heard of this before and it is such dynamic technology that I wanted to share it with all of you innovators. It appears to present some significant opportunities in this very early stage of its development. Richard@i2ge.com
