Cisco’s I-Prize – the Next Wave of Open Innovation
Cisco has launched its second I-Prize global innovation contest, which is being powered by Spigit (disclosure: I work for Spigit). The I-Prize is a competition where entrepreneurs put forth their ideas for businesses related to one of the following: The future of work: solutions that will change the way companies and organizations do business The [...]
Silicon Valley Is An Innovation Dagger
It was a routine trip back home from work one of these days. As soon as I boarded the bus the driver asked me: “So, what do you think about Google’s announcement regarding China? Will Yahoo follow the suit?”. The same bus driver had asked me about my views on NexusOne on the day it [...]
The Ultimate Competitive Advantage
Why did it take until 1946 for the first computer to be invented? All of the elements were in place by 1918. It’s not because there weren’t companies capable of creating the computer. In fact in the late 1800’s over 1000 electrical apparatus companies were formed to build electric devices. 6 elements of knowledge need [...]
Why SMBs Need Social Software – Dunbar’s Number Limits Metcalfe’s Law
A general observation of collaborative work is this: The larger and more diverse are your personal network of contacts, the higher the quality of your ideas and project work. In the enterprise market, the opportunity being seized by companies is to better connect employees. The sheer size of these firms makes it obvious that they [...]
There Really Is Nothing that Cannot Be Innovated
In a recent post, Four Quadrants of Innovation, I described one type of innovation as leveraging existing technologies, serving existing customers. In popular culture, this type of innovation is..well, frankly it’s boring. No cool new advances, no new stuff you haven’t tried before. But what is compelling about this type of innovation is how well [...]
SAP Innovation: Social Networking at the Service of the French Public Sector
France has a plan to put the latest 2.0 technology at the service of its citizens called Le France Numérique 2012. It outlines how the government intends to: Provide everybody access to digital networks and services Develop and provide new digital services Grow the number and usage of digital services by companies, government departments, [...]
Designing for Innovation through Competitive Collaboration
In a recent blog post by Intel’s Enterprise 2.0 manager Laurie Buczek, she reviewed her organization’s 2009 experience with social software. One item caught my eye: My entire year has been a quest to find quantifiable ROI. I swear I have nightmares with the “Where’s the Beef” lady crackling out a “Where’s the ROI?!” In [...]
India Needs Public Policy And Service Innovation And Not Web 2.0 Companies
The second most populous country with the fourth largest spending power, India, saw a surprising 7.9% YOY GDP growth well above the expectations of 6.3%. The Indian stock market recovered much quicker since the US financial meltdown. In fact one of my friends who oversees sales of a European earthmoving equipments company in India complained [...]
33 Selected Blogs about Innovation, Project Management and 2.0: Vote for the Best!
What project management blogs do you read? I’ve assembled a list of blogs that give me substantial food for thought when I write on innovations in project management. The list also includes blogs that serve as great sources of information about Enterprise 2.0, new management methodologies, leadership, motivation, as well as useful project management tips [...]
ComMetrics on Crowdsourcing Innovation: You’re Doing It Wrong
ComMetrics is a social media analytics company, a division of CyTRAP Labs GmbH. ComMetrics is well-known in the industry, including its FT ComMetrics Blog Index. The company published a useful piece, Crowd-wisdom fails businesses. The basic premise is that crowds do not innovate. It’s useful, because it contains both truths and misconceptions about the role [...]
Organizations’ Innovation Dark Energy – Employee Motivations
Scientists estimate that 74% of the mass-energy of the universe is made up of dark energy. Dark energy is an expansive form of energy that fills the empty space between cosmological objects. Scientists know it’s there, but they can’t see it. Dark energy is a useful metaphor for understanding organizations’ challenge and opportunity in innovation. [...]
Open Innovators Outperform the Market by 16.9%
At the Open Innovation Summit last week in Orlando, there were a number of companies there discussing their various initiatives for open innovation. What is open innovation? UC Berkeley professor Henry Chesbrough, perhaps the father of the movement, formulated this definition several years ago: Open innovation is a paradigm that assumes that firms can and [...]
Does AccountingWEB get SaaS?
Let me start this post by saying I’m a big fan of AccountingWEB (in the UK, I don’t particularly follow the US edition). For the accountants in business and in practice or anyone interested in the sector it’s one of the key resources to read – they cover everything from tax to technology, but it’s [...]
The Four Quadrants of Innovation: Disruptive vs Incremental
I recently wrote up a post, Most Dangerous Innovation Misperception – The Silver Bullet Approach. In it, I discussed the issue of organizations myopically focusing on only disruptive innovations to the exclusion of more incremental or sustaining innovations. In doing more research on the subject, I began thinking about the dynamics that apply when a [...]
Managing Employee Innovation Communities
Tapping a diversity of perspectives has been empirically proven to increase the quality of ideas. Indeed, this is one of the benefits of setting innovation communities. By investing some time in establishing a community management plan, organizations will see a nice return on their innovation efforts. There are three distinct phases to innovation community management: [...]
