Innovation

Open Innovation Success-2
Innovation

The Four Essential Steps Towards Open Innovation Success

Although ‘open innovation’ is the talk of the town in R&D circles, leveraging external sources of innovation remains challenging for most companies. They emphasized that open innovation needs to go further than just obtaining external ideas. Integration, commercialization and the...

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Innovation

Ready, fire, aim: Lean Startup in the virtual world

Here is some of the Lean Start up lessons learned at Against Gravity: 1. Choose your innovation battles In Rec Room, users can choose between sports such as Paintball, Disc Golf and Paddleball, but the team had to decide whether to take days to code an innovative 3D menu interface or...

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adoptive
Innovation

How to Adopt the Innovative Mindset

Be open to and ready for change. Innovation requires it. Innosight’s Scott D. Anthony defines innovation as “something different that has impact.” The key here is “something different.” Before companies can successfully travel down the path of innovation, they must decide ahead of time...

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Innovation

Practical methods to adopt to solve work challenges

1. New pathways Here, this method is used to find the real work challenge or the problem underlying the problem statement. We need to keep asking the question “Why” when somebody uses the question “How to”. We keep asking “Why” a lot of times. This keeps continuing for some time till we...

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