For some, the term innovation management is an oxymoron. In reality, innovation management is a domain that ensures that the best ideas and innovation projects make it to practice in an effective and cost-efficient manner. As a result, innovation management is surrounded by a lot of myths. In the blog below I debunk five of […]
Efficiency kills innovation. Efficient markets, efficient companies, and efficient employees are good for many things, but not for innovation. Efficiency is created by scaling, standardizing, and routinizing labor. While each of these efforts in itself can be an innovation effort, the relentless focus on efficiency will in the end kill society’s, organizations, and employee’s ability to […]
Firms use annual budget cycles. Now, during this COVID19 pandemic, it may be the wrong way to go about budgeting for 2021, because it does not leave you enough flexibility. How can you budget for next year, while keeping maximum flexibility, go after new opportunities when they arise, make the most out of your available […]
With the coronavirus pandemic, change is a given. The question is, will you follow or will you lead change and take charge of the process and your destination? The time commitment will be the same, but the experience and the outcomes are vastly different. Leading change is much more rewarding than adjusting to change. The […]
We’re a CRCF grant recipient! We at Organizing4Innovation are proud to announce that we’ve been awarded a grant through Virginia’s Commonwealth Research Commercialization Fund (CRCF) by Governor Ralph Northam. Our data analytics project will advance our ability to implement effective and efficient innovation training management. Additionally, we’ll be able to continue to calibrate our online […]
Innovation is a cost for most firms. That is a problem in this COVID19 crisis, because it turns innovation into a budget item to cut instead of the buoy that can help you survive and thrive. You may wonder if this is the time to take risks, when nothing is the same due to social […]
Is COVID19 the best time to innovate? I would love to answer that with a resounding ‘yes’, but looking at previous research the answer seems to be more nuanced. Yes, necessity is the mother of invention. And yes, external events trigger innovation. However, uncertainty impacts how we make decisions and if you have never brought […]
Don’t let uncertainty blur your outlook on the future. Bring clarity and focus, so you can stay productive and move ahead with confidence Want to take action, demonstrate your leadership, and come strong out of this crisis with creative solutions? Do you find it difficult to make choices, because there is still so much uncertainty? […]
Thriving in uncertainty is what I am good at. It is my job as an innovation expert. Yet, even I find myself being pulled in all directions at the moment. So, I went back to the basics. You have two options when things are uncertain, wait or act. Acting makes me feel better, because waiting […]
Soon, all big law firms realize the election results are a great opportunity to deliver novel high value services. How are you going to make a difference and stand out?
According to the World Economic Forum, the Fourth Industrial Revolution is happening right now. Steam engines, electricity, and information technology revolutionized industries, yet not the professional services. Now cyber connectivity is causing a fourth revolution, driven by artificial intelligence and connectivity. Connectivity between and among people, organizations, and things, is driving this fourth revolution. Does your organization have the capabilities to deal with the impact of this fourth industrial revolution?
Tuesday June 14 the Washington Post organized a health seminar on cracking the code: optimizing health care. Excellent panels discussed how to move healthcare forward and the pivotal role of information technology in 21-st century healthcare.