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Innovation: Harnessing 3.8 Billion Years of R&D
Point: If you’re stuck on how to solve a problem, see if nature has already solved that problem. Story: Nature has already solved many challenges; the best solutions have survived and improved through...
View ArticleQuick-Win Innovations
Point: Get quick wins by encouraging small experiments throughout the organization. They’re fast, inexpensive, and reduce the fear of failure. Story: One of the biggest obstacles to innovation is fear...
View ArticleHidden Costs Provide Hidden Opportunities
Point: When choosing areas to target for process innovations, consider the complementary – not just direct – costs and benefits Story: Companies naturally look for a satisfactory return on their...
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Innovation in the Collaborative Economy
Point: The collaborative economy enables new business models (and disrupts old ones). Story: The collaborative economy is growing as individuals find new ways to connect directly with their peers to...
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Sustainable New Product Development
Point: Make sustainability decisions at the start of new product development. Story: “Seventy-five to 90 percent of a product’s environmental impact is determined the product development stage,” says...
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