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Author Archives: Karma
Innovation Strategy Leadership Tips on CEOBlog
We’re proud to announce our book Innovation Strategy has been featured this month in CEO Blog Nation. Check out their article,”Leadership Tips from the Entrepreneur’s Library.” Here’s a snippet to whet your appetite.
Leadership Tips from the Entrepreneur’s Library
To be an entrepreneurs and business owner, you have to understand leadership and be excellent at it. Leadership is tough to describe, but Youth Venture explains that “a leader is a person who guides others toward a common goal, showing the way by example, and creating an environment in which other team members feel actively involved in the entire process. A leader is not the boss of the team but, instead, the person that is committed to carrying out the mission of the Venture.” There are numerous qualities that make up successful leaders including being strong, visionary, reliable, audacity, empowering, positive, motivating, decisive and confident. While recruiting, hiring and finding talented people is important, it is just as important to manage and lead employees. Here are some leadership lessons.
Read the rest of the article, Leadership Tips from the Entrepreneur’s Library
Posted in Blog, Books, Creative Leadership, Innovation
Tagged CEOs, Creative Leadership, innovation strategy, leadership, tips
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Six Examples of Open Innovation
We’ve written a guest post at Starting-business.in on the topic “Six Examples of Open Innovation.”
Here’s a teaser:
Historically, companies would create huge divisions that closely guard the innovation they were researching. This made sense: if you were going to spend a lot of money coming up with the-next-big-thing, it was important to keep that innovation proprietary so another company couldn’t profit on your research.
Open innovation, on the other hand, is the belief that working together, companies can move forward faster. This means that the company can look outside of themselves for ideas about how and where to move forward. It also means the company will acquire acquire patents or licensing processes from other companies. Others are taking advantage of unused intellectual property through licensing, joint ventures and spin-offs.
Read the full article: Six Examples of Open Innovation
Learn to Build Creative Disruption, Atlanta, GA Friday Aug. 10th
Howard Rasheed, the founder of the Institute for Innovation, is going to be speaking at the Association for Strategic Planning (ASP) on Friday, August 10th in Atlanta, GA.
The discussion is based on Dr. Rasheed’s new book Innovation Strategy: Seven Steps to Creative Leadership and a Sustainable Business Model.
Below is the agenda for the day; go here to register for the event:
Innovation Strategy in Atlanta ASP
| Friday, August 10, 2012 | |||||||
| Time | 07:30 AM to 09:30 AM | ||||||
| Location | Delta Community Credit Union 3250 Riverwood Parkway, Community Room Atlanta, GA, 30339 |
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| Agenda |
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Any business that doesn’t innovate faces almost certain failure in a climate of heightened competition and high stakes. Innovation Strategy presents Rasheed’s Six-Step Collective Intelligence system that teaches practitioners both how to predict coming trends and how to build creative disruption that will keep their business on the front end of innovation.
Rasheed emphasizes the need for innovation at all levels of the organization, beyond product development. “Innovation is not only an imperative for organizations to prosper, but it has become critical for our national security,” he explains. “Most [innovation models] provide generalities and theories that relate only to technology, instead of clear guidance for a proactive and holistic approach to innovation that can apply to all sizes of companies and to all industries.”
Posted in Blog, Events, Innovation
Tagged Creative Disruption, events, Howard Rasheed, innovation strategy
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Creative Disruption and the Future of Publishing
I’m pleased as pudding to see that Forbes magazine has written an article on the future of publishing, entitled “Publishers Must Adapt or Die“. As an entrepreneur who has made her career in the publishing industry, the revolution in publishing is a topic I’ve been harping on for years. Revolution is not a word I use lightly. The adaptations in the book industry will be catastrophic. The Internet is causing a change in this industry not seen since the invention of the printing press.
Publishing is a fine example of an industry going through disruption. The key is to be at the front-end of innovation, someone creating the turbulence that will revolutionize the industry, instead of merely reacting to it after the fact. Forbes aptly puts it this way:
What publishers need to be doing is disrupting their own business before someone else does. That means getting down and dirty with entirely new products, new thinking, new revenue streams, new business models. (Emphasis theirs.)
Innovation Book Series #3: Business Model Generation
Since the Institute for Innovation has recently released a new book, we’ve started a new series of posts: Innovation books we love.
The third book we want to tell you about is Business Model Generation by Alexander Osterwalder. This highly regarded book provides a very creative framework for business model architecture.
Innovation Books We Love #2: Clayton Christensen and Creative Disruption
Since the Institute for Innovation has recently released a new book, we’ve started a new series of posts: Innovation books we love.
The second book we want to tell you about is actually three books:
A very popular series of books from Clayton Christensen, including The Innovator’s Solution, The Innovator’s Dilemma, and Seeing What’s Next, focus on disruptive product innovation – products such as the iPod, which dominate their market niches and change lifestyle patterns forever.
You may have noticed that at the Institute for Innovation we talk a lot about disruptive innovation, well Christensen is the guy who invented the term.
Posted in Blog, Books, Innovation
Tagged Books, Clayton Christensen, Creative Disruption, Innovation, innovation books, innovation strategy
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Innovative Books Series: Innovate the Future by David Croslin
Since the Institute for Innovation has recently released a new book, we want to start a new series of posts: Innovation books we love.
The first book we want to tell you about is David Croslin’s Innovate the Future. It addresses technology innovation, particularly in the information technology sector. Croslin is best known as the lead technologist at HP.
Posted in Blog, Books, Innovation
Tagged Books, Innovate the Future, Innovation, innovation books, tech
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Five Steps to Creating An Innovative Work Atmosphere
Big Think recently posted a short article on “How to Hire Innovative Employees.” They suggest asking potential employees how they would approach projects, like putting together a piece of furniture. The innovative types are the ones who don’t read the directions, say Big Think.
We at the Institute for Innovation have some ideas about assessing the creative potential of your employees. However, it’s not only new employees that can add to your pool of creative thinkers. It’s essential that you insure your environment fosters an innovative atmosphere.
Here’s five concrete steps to get started:
1. Make a list of the innovation stakeholders in your value network. Be sure to include external stakeholders such as customers, suppliers and investors.
2. Have each stakeholder complete the innovation style online assessment.
3. Assign groups based on as much profile diversity as possible.
4. Have your innovation team identify the roles of each. Some may have multiple roles, depending on the stage of the process.
5. Discuss how to empower them through better communication, tools and facilitation.
(These tips came from our new book, Innovation Strategy. To develop a complete system for creating an innovative atmosphere, order the print book or the e-book today.)
Posted in Innovation
Tagged business, fostering innovation, Innovation, innovation strategy, innovative, work atmosphere
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Innovation Strategy Book Is Here!
After years of research, planning, and editing, it’s finally here: the most comprehensive guide to business innovation ever written. Innovation Strategy: Seven Keys to Creative Leadership and A Sustainable Business Model is a tool for innovating your business model and improving the value you create for your customers. This book will provide actionable ideas to continuously reinvent your value proposition, with or without a formal strategic business plan.
Innovation Strategy is a detailed blueprint that gives specific guidelines as well as illustrative case studies, charts and graphs, and examples to highlight the concepts presented. It is based on solid research but told in a practical format.
Innovation Strategy is available from Amazon or iUniverse. There is also a Kindle e-book.
There’s a detailed description after the jump, so you can get a taste of all Innovation Strategy has to offer.In the coming months, we can’t wait to share tons of excerpts and tips from the book. There’s so much content here, and we’re just bursting to share it with you.
Posted in Blog, Innovation, News
Tagged Books, business, business plan, business strategy, Creative Leadership, guide, innovation strategy, sustainable business model
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Strategist Ryan Jacoby Stresses “Innovation Leverage”
PSFK posted excerpts from an interview with innovation strategist Ryan Jacoby. He said that big companies should emphasize innovation leverage:
Extending your organization’s innovation reach: Opening up to a variety of collaborators—internal groups, customers, suppliers, stakeholders, and partners—extending your ecosystem in the process.
Leveraging your reach and newly formed relationships: Smartly utilizing that extended ecosystem, contributing to platforms, inviting collaboration, and doing more in the process with limited investment.
He also urged managers to let go of perfection, in order to create an atmosphere where people feel comfortable sharing their ideas. The full interview is only available in PSFK’s publication Need to Know Magazine.
Posted in Blog, Innovation
Tagged business, Ideo, Innovation, innovation strategy, Ryan Jacoby, thought leaders
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