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In a recent discussion about some fresh entrepreneurial ideas, one of my colleagues at Intel suggested some ways to improve Intel’s operation, but commented that “no-one feels happy walking away from the suggestion box”. Why does no-one feel happy sharing a suggestion after dropping it in a box? I felt my colleague’s statement reverberate over …

Innovation often occurs on two extremes – when there is a pressing need OR an abundant opportunity Pressing Need: People are forced to innovate during downturns in the economy or when costs are greater than profits. For example, innovation is often cited as a benefit of business cycle. It forces people to think of alternative …

Continuous and Emergent innovation stem from the same basic innovation definition: something fresh or new that creates value, but there are numerous key differences. Continuous Innovation is synonymous with improvements, fresh iterations, progression, new enhancements, growth, incremental changes and efficiency whereas Emergent Innovation is synonymous with breakthroughs, disruption, radical ideas, paradigm-shifting results, raw novelty, and …

People, Process, and Technology are essential pillars for effective Innovation in any organization/team and each must be addressed separately and integrated collectively to assure innovative results What’s included in People? People includes the rewards and incentives, environment and culture, leadership and examples. Companies have long boxed innovation into the R&D department. Not until recently have …

7 key sources and 7 key ingredients CENTRIC TO Innovation C: Creatives and Creativity: You may be born creative…many are. Or you may learn creativity…many do. Either way, the art of “new” starts with you. E: Entrepreneurs and Enthusiasm: Entrepreneurs have long been known for Innovation. An entrepreneur’s secret ingredient–an undying enthusiasm that gives them …

What is Innovation? 30+ definitions lead to one fresh summary: Fresh Thinking that Creates Value The Problem From the Economist to Wikipedia to Websters to Barack Obama to Innovation Zen, around the globe, we seek tangible answers for an intangible question: What is Innovation? Definitions vary and people mean different things. After reviewing dozens of …