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the hype innovation blog

Why Failure is an Essential Component of a Strong Innovation Strategy

Posted by Maria Wenning on Jan 2, 2017 8:39:00 AM

What good could possibly come out of failure?

Harrison Ford was a failure as an actor for years. Twelve publishers turned down J.K. Rowling's manuscript for Harry Potter. A recording company (no doubt an ancestor of those book publishers) turned down the first Beatles album. Viagra, penicillin, pacemakers, and the smallpox vaccine were all born out of failures.

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Topics: Innovation Culture

Knowledge as a social process

Posted by John Bessant on Nov 5, 2016 8:11:09 PM

Walker’s Wagon Wheel tavern in the 1970s has a particularly important place in innovation history.  Its name provides a great description of its role – like spokes on a wheel people and ideas converged on its centre and on a Friday night the air was full of conversation.  Ideas flew around the place, colliding and often crashing in flames on the floor.  But some of them fused, became something bigger, began conversations which carried on over the coming weeks and grew into new businesses. Its location was also important – Mountain View, San Francisco, close to the emerging technology cluster of start-ups, big electronics firms like Fairchild Semiconductor, the sprawling campus of Stanford University….  Silicon Valley as it was to become.

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Topics: Innovation Culture

Creating the Physical Space for Innovation

Posted by John Bessant on Sep 7, 2016 5:00:00 AM

Building spaces for innovation is a hot topic these days. Whether you call them innovation hubs, maker-spaces, fab-labs, accelerators or hotspots you can hardly turn a street corner or a magazine page before you bump into another example. The names may vary but the underlying idea is the same – a place where people can meet to get inspired and supported by each other, to articulate and co-create. An environment in which ideas can be explored and played with.

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Topics: Innovation Culture

The value of failure in innovation

Posted by John Bessant on May 12, 2016 10:31:49 PM

Accidents will happen – and as far as innovation is concerned, that’s a good thing. Whilst much of our attention is on the focused efforts to bring new ideas to market or to effect process changes in systematic, planned and strategically targeted fashion, there are some times when Fate takes a hand. What might appear to be a failed experiment or a strange but ultimately useless outcome can sometimes turn out to be the basis of a game-changing innovation. Think about these examples …

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Topics: Innovation Culture

The Definition of Innovation

Posted by Stefan Lindegaard on Apr 6, 2016 11:22:37 AM

What happens if you ask a group of so-called innovation experts about their definition of innovation? 

Nick Skillicorn did this and he gathered the answers in an interesting blog post that shows how vastly different even topic experts see the term “innovation”. 

Here are some examples:

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Topics: Innovation Culture, Innovation Education

Innovation in the Boardroom

Posted by Stefan Lindegaard on Mar 30, 2016 9:56:08 AM

How much focus should innovation efforts and capabilities have in the boardroom? I have been thinking about this after two recent interactions. First, I stumbled over this short intro in a press-release. 

“Three quarters (74%) of employees say their company does not have a strategy, process, and tools in place to encourage the sharing of ideas. As a result, one third of suggestions which could improve business ROI never even make it to the boardroom.”

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Topics: Radical Innovation, Innovation Culture

5 Spectacular Product Failures -- And What You Can Learn from Them

Posted by Maria Wenning on Mar 10, 2016 4:01:08 PM

Everybody loves a good success story. After all, that's what inspires innovators to develop the next Coca-Cola or iPod or Corvette. But we can get even more value (along with a few laughs) from the whopping failures. Yes, there is lots to learn from the Edsel, New Coke, and other phenomenal flops. The key is to (quit laughing and) take the lessons learned by others to apply to your own innovation process. Here are a few product failures that you can learn from.

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Topics: Innovation Culture

Two Brains are Better than One: The Benefits of Crowdsourcing Your Innovation

Posted by Maria Wenning on Feb 17, 2016 9:20:05 AM

It's difficult to measure with any real precision how much the Internet has changed the way we do business and live life. One such way is the concept of 'crowdsourcing.' In an era when garnering the assistance of venture capitalists is increasingly difficult, due to tremendous competition, crowdsourcing can often be used to get a company or idea off the ground without that elusive help. But crowdsourcing has moved far beyond merely collecting money. It's now a viable way to innovate.

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Topics: Innovation Culture

7 Noteworthy Disruptive Innovations of 2015

Posted by Maria Wenning on Dec 22, 2015 1:27:42 PM

Disruptive innovations are defined as those new products and services that are so unique and powerful that they literally disrupt the entire industry. The cloud, for instance, was disruptive because it changed the way that people store and use information and applications. Mobile technology was also disruptive because it revolutionized the way that we communicate and live our lives.

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Topics: Innovation Culture

Inbound Innovation Management

Posted by Michel Meisterjahn on Sep 30, 2015 11:52:00 AM

We hear from many innovation professionals that they struggle with their program, often, because the company does not really adopt it. The employees won't share ideas, middle managers are consumed by meeting the quarterly goals, top management sees innovation management as a nice-to-have.

I believe that marketing can help here.

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Topics: Innovation Culture, Employee Engagement

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