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Making Knowledge Actionable: Three Key Translation Moments

Leaders regularly experience pressure to move innovation and change initiatives through their organizations. They face the challenge of transforming organizational changes and innovations from ideas into sustained behavior. In this commentary, I argue that successful implementation requires leaders to engage in a translation process that contains three key translation “moments”. The challenges presented...

How Decisions Can Be Organized – and Why It Matters

Recent theoretical advances allow organizational designers and managers to better understand how decision processes can be improved. These advances allow managers to address a number of critical questions about the structure and process of decision making, issues that are relevant for any kind of organization be it social, political, or economic. Can we add another employee somewhere in the decision process...

Open Innovation Key for Modern Local Authorities

The LocalGov website notes that open innovation has never been more apt than in the public sector right now, with the on-going pressure to improve efficiencies and services with ever-decreasing resources. The public sector must therefore be as open as possible when it comes to sourcing and capturing innovative ideas that can help address issues and improve services. This can even be within policy development,...

Why It’s Time to Disrupt Old Business Models

An article on the  GreenBiz website notes that it’s a hard sell to convince a CEO to change a business model based on threats or opportunities that have not yet materialized. Innovation, therefore, often remains piecemeal or incremental, rather than transformational, fundamental and system-wide. But as global trends — environmental, social, political, technological — continue to shift the foundations...

Using Open Innovation to Deliver Healthcare Disruption

An article on the Wired website asks the question how do we begin to break through the barriers that exist in healthcare to create an environment where truly disruptive innovation is possible? One option is to fling open the doors of the R&D department, figuratively speaking, and invite anyone — doctor, nurse, healthcare administrator, even patient and caregiver — to participate in product creation....

Open Innovation: Key Competitive Factor for Banks

The Crowdsourcing.org website reports that the potential that open innovation yields for  banks has been captured in a new study released by GFT, a leading international IT solutions  providers to the financial sector. It’s increasingly important for financial institutions to differentiate themselves with innovative  products and services–including from new competitors. The GFT study, “Open...

Four Innovation Methodologies

An article on the Innovation Excellence website outlined and described four evolving innovation methodologies. Closed innovation–R&D departments work in strict isolation to develop new products and new processes with the objective of developing a competitive advantage. Collaborative innovation–companies co-develop with selected partner suppliers, new products and manufacturing solutions.  Open innovation–technologies,...