While jogging through the woods in Holten, the Netherlands, the area where I grew up, I realized that going on an innovation journey is a lot like exploring the woods. Something I often did with my brother and our dog, when I was a kid. That is however not what I had in mind during […]
Learning by doing sounds easy, however, it requires preparation, guts, and practice to make it work. In an innovation project, there are many occasions that learning while doing is the only option. Years of schooling have taught us how to learn before doing, in the process, many of us have lost the ability to learn […]
Uncertain projects are notoriously difficult to manage. Ambiguous projects are deemed impossible to plan. Early stage innovation projects are uncertain and full of ambiguity. So how do you plan and manage that in your innovation project?
The world is full of opportunities, especially nowadays. Your talented and ambitious employees know that. When they approach you with one of their ideas, how do you know they are on to something or chasing just another shiny object?
Validating a new concept is often a chicken and egg problem. You need funding to validate this new concept, yet to get funding – you need to have validated the concept. Do you recognize the scenario below? There has got to be a better way You came to the office extra early, because your manager […]
How do you assess the return on investment of your innovation efforts? While it is often assumed that innovation drives profit, in many companies that is not the case. There innovation is a cost center, that supports the organization’s learning. Instead of the revenue generator that is supposed to be the result of the organization’s […]