Invention vs Innovation – 4 Must-Have Skills

“Necessity is the mother of invention, it is true, but its father is creativity, and knowledge is the midwife.” — Jonathan Schattke, scientist Innovation and invention are often used interchangeably yet they are two very distinct practices.  Invention is the discovery of a new process or device.  Invention is more likely to be patentable and […]

Saying No to Innovation – Are You Brave Enough?

Innovation is all about finding your sweet spot and focusing all your efforts on that clear, winning value proposition that cannot be matched by competitors. Your innovation sweet spot is the intersection between customer desirability, operational feasibility and business viability.

12 Step Checklist for Amazing Human Centered Innovation Learning Loops

The outcome from human centered innovation is increased learning about the customers you serve and how you can solve the problems they are facing. In the 21st century, knowledge is the new frontier.  Wars are no longer fought over land but instead the spoils go to those with the most insights and data.  Cybersecurity is […]

What is Human-Centered Innovation?

In the fourth industrial revolution, the skills in highest demand are understanding, collaborating and communicating with the humans we interact with, the people our business serves.

Why it Pays to Iterate if You Want to Innovate

“The Googly thing is to launch [products] early on Google Labs and then iterate, learning what the market wants — and making it great. The beauty of experimenting in this way is that you never get too far from what the market wants. The market pulls you back.” – Marissa Meyer   Want one idea […]

Desirability, Feasibility, Viability: The Sweet Spot for Innovation

The ideal innovation process is the trifecta of desirability, feasibility and viability. If your idea meets all three criteria, then it contains these essential characteristics: A desirable solution, one that your customer really needs A feasible solution, building on the strengths of your current operational capabilities A profitable solution, with a sustainable business model. But […]

Learning from Innovation: Failure Not Required

One of the mantras of Lean Startup is to “fail fast” when talking about innovation, but I think it misses the point. Thomas Edison famously said, “I have not failed. I have just found 10,000 ways it won’t work.” The reason to pursue innovation for your business is not about failing, it’s about learning – […]