To come strong out of the coronavirus crisis, businesses must keep their innovation activities going. However, that is easier said than done. On Wednesday April 15, I gave a webinar on Innovation During COVID19 for the Virginia SBDC that addressed how to innovate as a small company with limited resources in a time like this. The […]
Bringing an idea to practice requires you to make a time commitment, often in personal time. Successful innovators find ways to prioritize their innovation project, regardless of how busy they are. Whereas lack of time commitment is one of the most common reasons innovation projects fail. Blocking off time in your calendar to devote to […]
A business case is rarely sufficient to get your innovation project approved. Let alone that a business model canvas will do the trick. To get your innovation project off the ground, you will have to do more than creating a plan.
IBM once featured a campaign around “the innovation man”. Stop talking, start doing was the main theme of these advertisements. Last week, while visiting several companies in the Netherlands, this theme seemed still very relevant. However, how do you start doing? And does that mean that you should stop talking?
Two recent examples, Delta Airlines and Marlin Steel, demonstrate the power of employee engagement. These companies cares about their employees, and in return, their employees care about the company. The results speak for themselves. If employee engagement is this effective, why does not every firm apply this concept?