Entrepreneurship

Climbing Innovation’s Value Creation Curve

2017-04-10T21:46:56-06:00By |Innovation Impact, Uncategorized|

When it comes to determining whether something is a successful innovation, there is one absolutely crucial test: Does it create value? That value may come in many forms. Usefulness for the customer, profits for a company, or social good for a nonprofit, but it must be there. Creating value isn’t always enough to produce [...]

Shifting the Odds of Innovation Success

2017-04-10T21:46:56-06:00By |Innovation Behavior, Personal Innovation Skills, Uncategorized|

If I asked a group of innovation practitioners, “What are some ways to make the odds of achieving successful innovation more favorable?” I suspect I would get answers like: Look for some quick wins that are not too far from existing products, markets and capabilities. Be sure you’ve identified a legitimate unmet customer need. [...]

Innovators Are Effectual Thinkers

2017-04-10T21:47:10-06:00By |Uncategorized|

Innovators think differently. Corporate executives devote considerable time and resources to making future predictions, which they use to guide their decisions. Whereas entrepreneurs set out to create a future they believe is feasible given what they have to work with and the effects of the actions they take...

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