What Doctors Can Learn From Each Other

Different clinicians, in different hospitals produce different results on different procedures. Stefan Larsson looks at what happens when doctors measure and share their outcomes on hip replacement surgery, for example, to see which techniques are proving the most effective. Could health care get better — and cheaper — if doctors collect such data to learn from each other and innovate?

Who Drives Innovation, the Resource-Poor or the Resource-Rich?

The Resource Curse Thesis was developed in the 1990-ties by Richard Auty. Resource rich countries, countries with an abundance in natural resources, are poorer and have slower growing economies than resource poor countries. Does the same apply to innovation? Are resource poor firms, or innovators, better at innovation than those who have abundant resources?

Health Monitoring for Both Healthy and Sick?

Companies like Theranos and 23andMe represent a trend in healthcare of preventative, personalized and patient oriented healthcare. Better, faster, and cheaper monitoring of your health with the aim to prevent becoming ill, isn’t that the ultimate form of healthcare? Theranos for example, compares itself with the scale you use to monitor your weight, instead they provide a scale that provides you with information on the wellbeing of your entire body. Yet, who’s weight is being helped by monitoring it on a daily basis?

Innovation Myths

Innovation has become a buzzword, and not surprisingly, there are many innovation myths. Scott Berkun has debunked some of these false stories, from the myth of epiphany to the myth that your boss knows more about innovation than you.

5 Myths About Disruption

What is disruptive innovation? Clayton Christensen defined it as a cheaper, inferior, niche product that in a short period of time upends the entire market. Larry Downes and Paul Nunes, have a different opinion. In their view, disruptive innovations do not have to start as inferior, nor are necessarily linked to technology, making disruptive innovations an even greater threat to even more industries than ever before.

Stop Predicting Innovation Success!

Products are not successful, it is the people behind the scenes that make these products successful. Hence the efforts of innovators is a better indicator of where the product is going than the product itself. Thirty years of research has not made us better in predicting innovation success. To be more innovative, we need more people engaged in innovation, and be more stringent in the efforts they put in to validate their ideas.

Why Innovations Should Fail More Often

It is bad that 1 out of 10 innovation fail, but for another reason than you may think; The number of innovations that fail is too low. You need many more innovations to ensure success in the market place. We are focusing on the wrong metric. The metric used here is the number of projects that enter the innovation pipeline versus those that make to the marketplace and succeed. Over the years, the “best” companies have become very effective in trimming down the number of project in the early stages. However, what remains very difficult to predict is which projects to keep and which to discard. The chances of throwing away the child with the bathwater are significant.

Listen! Are You Ignoring Great Innovative Ideas?

25% Of ideas your employees voice are never listen too. While on the contrary, you will likely be willing to listen to any expensive outside experts, who will kindly tell you what your employees already knew. By the way, the more you pay, the more likely you will listen. The Washington Blog post: “The troubling flaws in how we select experts”, gives interesting insights in why we don’t listen to our own people, but are willing to follow the advice of (less qualified) experts. Unfortunately, this article does not provide a solution to the problem. In this blog we explain where to start to address this issue.

Simon Sinek & The Circle of Why

Attached is a TED talk by Simon Sinek, who explains the importance of What, How and Why. These concepts are very relevant for innovation. Often, when sharing an innovative idea with someone else, we start with the what. What does the invention accomplish that currently cannot be done, or what can it do better. However, if you truly want to be successful, as Simon Sinek explains, you need to start with the Why. Why is it important to change the status quo? Once you have answered that question, the How and What will follow naturally. For yourself, and your audience…

5 Reasons why innovation needs structure

To be successful innovator you need a structured approach. This blog gives you 5 reasons why: five reasons why a structured approach is essential to innovation: (1) The weakest link determines performance (2) Innovation is not urgent today, but important for tomorrow (3) Incentives and rewards: Innovation is teamwork and not always successful (4) Improve your process (5) Want to be the best?

What Makes Innovation Management Different for Professional Service Organizations

The margins of many professional service firms are under pressure, because of technology, internet, globalization, or changing customer expectations. Cost cutting is one way out, but only gets you sofar. This webinar shows how innovation can bring prosperity to professional service organizations, similar to what it has done for many facturing firms. However, to be successful, requires an alternative approach to innovation.