Saturday, November 22, 2003

Cheskin & Fitch Worldwide Innovation Study - Who's responsible for innovation? - DallasNews.com this interesting report shows the result of a survey of 544 executives on who's responsible for various aspects of innovation in their company - some interesting results:


Influential Trends per Team

Trend Person or team responsible for
finding innovation opportunities

(Trends listed
in order
of importance
for total Executive Cross-discipline Product
sample) Management teams development Marketing


Sustainability 31% 27% 47% 41%
Authenticity 39% 24% 18% 28%
Trust/Safety/Security 25% 25% 29% 28%
Convenience 19% 25% 21% 30%
Knowledge society 25% 22% 20% 17%
Mass customization 23% 19% 18% 15%
Connectivity/wireless 16% 25% 29% 11%
Cultural blending 15% 22% 16% 17%
Mobility 13% 15% 14% 20%
Simplicity 13% 15% 18% 13%
Time compression 11% 9% 14% 13%
Search for vivid experience 9% 12% 6% 13%
Wellness 8% 12% 6% 13%
Meaning of life 8% 7% 4% 7%
Social responsibility 8% 9% 8% 2%

Thursday, November 13, 2003

Drucker on Innovation This is a nice little overview of Peter Drucker's view on Innovation Flow as written by Dave Pollard. The bit I found most interesting is the "7 Innovation Sources" which Drucker has identified as the places where opportunities to Innovate are to be found. They are:

1. Unexpected Occurrences
2. Perception-Reality incongruities
3. Product weakness or needs
4. Industry and Market Changes
5. Demographic Changes
6. Buyers' attitude and priority changes
7. New scientific and business knowledge

Tuesday, November 11, 2003

Business Standard .. Championing innovation in your organisation Noted author Robert Tucker writes this short piece that gives tips to would be Innovation champions on how to sell innovation within the organisation. Amongst the various points he makes are:

- Promote the benefits (growth, transformation, talent retention, etc) - not the features (it works like this, isn’t this clever and so on) - of innovation systems
- innovation is the only way to unlock organic growth, and the only way to sustain it is with an innovation strategy that has metrics, is comprehensive, and involves the whole enterprise
- Innovation initiatives require patienceand commitment
- Build a winning case for innovation by keeping current on this ever evolving field, by constant benchmarking of what other innovation adept companies are doing