Innovation Theory

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Why Innovation Management is Important for Your Company – 3 Strategic Reasons

“Innovate or stagnate.” It’s a stark choice that businesses across all sectors must confront daily. Although many decision makers at large companies recognize the importance of innovation, most fail to implement it in a strategic, consistent, and effective way. A recent study by McKinsey & Company found that 84% of executives agreed innovation was important for their growth strategy, but...

The Innovation Instinct: Inventions Inspired by Nature

Nature has long inspired visionaries to look beyond existing ways of living and thinking. Many notable engineers, architects, designers, and other creators have discovered unique adaptations between a species and its environment, and applied these insights to drive innovation across a huge variety of inventions, products, services, and industries. Known as biomimicry, or biomimetics, the concept is simple. It recognizes...

Innovation SOP: Using Hackathons to Advance Digital Transformation

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. Most companies already know that a digital transformation hackathon is a useful tool for gathering ideas, but companies need to know how to do this right. This week, we look at how companies can use hackathons not as...

Innovation SOP: Does Effective Leadership Lead to Effective Crowdsourcing?

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. This week, we take a look at Innovation Leadership – how has the role of the Chief Information Officer (CIO) evolved into the Chief Innovation Officer (CINO), and how important is leadership in the age of crowdsourcing anyway? The ongoing...

Innovation SOP: Driving Corporate Innovation by Bettering Employee Engagement

Welcome to Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. This week, we take a look at innovative employee engagement practices – the benefits of harnessing staff expertise for innovation and how to successfully create culture that supports this. An organization’s employees are vital components in...

A New Way of Thinking About the Automotive Industry

Over the last couple of decades, Silicon Valley has been responsible for inventing and reinventing all kinds of gadgets and technologies: the music player, the phone, the watch, the TV and the computer itself. Recent trends suggest that the automotive industry might be next on Silicon Valley’s disruption list. Besides a surge of auto tech startups and Tesla’s success, Silicon...

Successfully Merging Innovation Theory and Practice in your Program

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading...

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Why your company needs to think about crowdsourcing with the competition… “Keep your friends close, and your enemies closer.” While not the original intent, many CEOs today would agree that this wisdom could be applied to relationships in the contemporary business world. Truly, the business world is getting smaller every day: drop shipping is giving the little guys an edge...

Insanity and Inventiveness – The Innovator’s Mindset

The invention of the airplane, the telephone and the computer; the discovery of gravity, electricity and relativity – all great innovations that changed the world. But in accordance with their greatness, there was also resistance. George Bernard Shaw famously wrote, “All great truths begin as blasphemies.” Less well known is the fact that this intolerance has often come from within the...
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