How to transform innovation in a predictable business model

>> Friday, September 25, 2009

A good lesson to start a productive effort to innovation.

"Innovation is no longer the product of a singular “a-ha” moment. It has evolved into a field that can be both studied and predicted, according to Judith Rodin, the President of the Rockefeller Foundation. At the Clinton Global Initiative yesterday, Rodin suggested three systematic innovation processes that can be applied to social sector issues like global warming and malnutrition.
Instead of being a singular idea, innovation with a capital “I” now has empirical data, an evidence-based canon of literature, and innovation models. The “a-ha” moment, according to Rodin, is becoming yet another predictable business model. So long innovation, hello Innovation."

Is Innovation Just Another Business Model? 3 Systemic Innovation Processes
By Alexandra Cheney, Fast Company

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Startups: Early days homework

>> Monday, September 21, 2009

Four simple questions to ask your potencial customers for better understanding the market where you want to play in.

"Before you jump into a startup, doing your homework first is always the smart move. Doing your homework might be boring and it might be time consuming, but it’s very important in each stage of your startup and allows you construct short-term and long-term goals.
When doing your homework, the easiest way to get answers is to go to potential customers for answers."

Startup Tips – Doing Your Homework
By Stephen Kersey, Startup Spark

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Open Innovation Chess Paradigm

>> Friday, September 18, 2009

Very good; Set by step to move from a closed organization to an Open and innovative company.

"Effective implementation of Open Innovation ambitions implies a complex process of organizational change. An accurate change process from relative closed to a predefined state of opennes. With specific attention to people, operations, policy and culture. A carefully considered incremental approach containing appropriate leadership styles, little manageable steps, concrete budgets, and a crystal clear vision on where the organization is heading is pivotal to create an open organization with supporting open culture."

Manage Implementation of Open Innovation Strategy
By Rob Veldt, Open Innovators

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How much money do you need to start a small business?

>> Tuesday, September 15, 2009

Great article; Worth reading story and definitely worth guy to follow.
A small business don't need a lot of money to start and it's true that lot of the people already wasted more money doing nothing remarkable than what's needed to create a small business.

"Just as you don’t need someone else’s permission to be happy, you also don’t need a lot of money to start a business.
To be more precise, I think most small businesses can be started for less than $1,000, and many of them for $100 or less. I know this in part because I’ve done it several times, but I also know countless other people who’ve had the same results.

The case for the $100 Business
By Chris Guillebeau, The Art of Non-Conformity

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6 simple ways to ruin a brainstorming session

>> Monday, September 14, 2009

Must read; it's really simple to ruin a brainstorming session (as it's not hard to avoid it!).

"The brainstorming session is the most popular group creativity exercise in business. It is quick, easy and it works. But many organizations have become frustrated with brainstorms and have stopped using them. They say this group ideation technique is old-fashioned and no longer effective. But the real reason for their frustration is typically that the brainstorming meetings are not facilitated properly."

How to Ruin a Brainstorming Session
By Paul Sloane, Blogging Innovation

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Innovation: Are you still living in the past?

Worth reading. An intelligent analysis on why sow many companies remain stick in the past and block innovation.

"Recently there's been a debate about why larger firms can't innovate. Perhaps they are too comfortable. Perhaps they are too afraid to cannibalize their markets. Perhaps they are afraid of risk and uncertainty. Perhaps, Perhaps.
Think about it. Most of the management practices we follow are based on management models put in place by Taylor or others modelled after GM in the 30s and 40s. Many of the employees at that time were uneducated or undereducated and their value proposition was in labor. The goal of the organization was to send down management's goals and break them down into work units for simple tasks.
Now, most of the work we do is knowledge work. (...) What differentiates a firm in this environment is not compliance and control, but creativity and engagement.
Many firms can't innovate because their structures, processes and compensation models are rigidly organized for the work world of the 1950s and 1960s and haven't shifted the organizational structures, processes and compensation models to reflect what's necessary today."

Why can't your firm innovate?
By Jeffrey Phillips, Blogging Innovation

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Tips for the first venture

>> Wednesday, September 09, 2009

Worth reading; ten good tips for entrepreneurs that are creating the first venture.

"Whenever possible, I encourage up-and-comers and established entrepreneurs to mentor the next generation of dream-seekers; for it is this insight and insider education that will provide the foundation for the entrepreneurs of tomorrow. With that, here are 10 pieces of advice that I wish someone had given to me before I launched my first venture."

10 Tips for the First-Time Entrepreneur
Advice from a young entrepreneur in the trenches
By Scott Gerber, Entrepreneur

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Anatomy of an entrepreneur

>> Tuesday, September 08, 2009

Like the author I’m not sure either about the relevance of a definition for entrepreneurs. Anyway, if I have to choose key characteristics of an entrepreneur, I would probably pick these five.

"Forget about the technical requirements of an entrepreneur for a minute. What constitutes a set of entrepreneurial attributes that employees could emulate?"

Five Key Characteristics of an Entrepreneur
By Matt Heinz, Blogging Innovation

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How to kill innovation

>> Thursday, September 03, 2009

Ten simple ways to ban creativity and kill innovation and, sooner or later, the all company.

"CEOs have much more power than they realize. They can patiently create a climate of creativity or they can crush it in a series of subtle comments and gestures. Their actions send powerful signals. Their responses to suggestions and ideas are deciphered by staff as encouragement or rejection.
If you want to crush creativity in your organization and eliminate all the unnecessary bother of innovation then here are ten steps that are guaranteed to succeed. On the other hand, if you want innovation to flourish in your organization, then you should avoid or eliminate these counter-productive processes completely."

Are You Crushing Creativity?
By Paul Sloane, Blogging Innovation

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Startups: How to get the first client

>> Wednesday, September 02, 2009

A list of 47 ideas to land the first client; many of them are good also for regular selling...

"Every new business struggles to land the first client. I asked the TPE community the strategies they have used to land their first client. From using their church as a reference, to giving away some services for free, to a trick you can do with job-ads, here are strategies you can use to land your first client"

How To Land The First Client
By Mike Michalowicz, The Toilet Paper Entrepreneur

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Social Intranet: Skip the pilot and star big

Controversial but a good case; in fact, size matter.
An approach for a corporate social software implementation.

"Scale is the oxygen that feeds collaboration. That's why collaborative tools like Facebook, and Twitter have taken off so spectacularly on the public web: With over a billion people on the Internet, the opportunities for interpersonal interaction are unbelievably high.
From a practical standpoint, this has a counter-intuitive implication: If your E 2.0 pilot is struggling, don't shut it down. Make it bigger. Open it up. Invite more people. Tell them to invite even more people. That's the only way you're going to find out the real behaviour and the real value.”

Enterprise 2.0: Skip the Pilot
By Michael Idinopulos, Transparent Office

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Twitter for business: Why not?

>> Tuesday, September 01, 2009

Seven strong reasons to be on twitter. Is there a reason for not to?

"I can think of seven specific, revenue-producing reasons why most businesses should be on Twitter. If your customers are using Twitter, you probably should be to."

Seven Reasons Your Business Should Be On Twitter
By Matt Heinz, Blogging Innovation

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