Innovative companies know that innovation requires self-starters. They also know how to difficult it is to manage these self-starters, as that can seem like herding cats. No wonder, that many companies are afraid of chaos and are not very keen on encouraging these self-starters. However, that limits their ability to innovate. Can you have both? […]
In June, I had the pleasure to attend the EIASM International Product Development Management Conference in the UK. During the keynote, it occurred to me that we as innovation experts have a very particular view on innovation and I wondered if we are right. Are we perhaps blinded by our own expertise? The keynote by […]
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?
When I was doing value engineering workshops and other idea generation exercises for the projects of Fluor Daniel in the Netherlands, I felt like a kid in a candy store. I am sure it feels the same way for many innovation managers, till reality hits. While there are plenty of opportunities, you have no budget, […]
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 […]
Professional service organizations (such as law firms, hospitals, and consultancies), are organizations whose primary asset is a highly educated professional workforce and whose outputs are intangible services encoded with complex knowledge. As a result, these organizations differ significantly from manufacturing firms in their organizational structures, employee composition, and decision-making processes. The most valuable asset of […]