To Foster Innovation, Cultivate a Culture of Intellectual Bravery

26/10/2020

Jake Wyman/Getty Images When an organization stops innovating, it is only a matter of time before it fails. But what causes a company to cease coming up with new ideas? Over the last 20 years, I’ve studied many failed organizations and one of the things I consistently see is an almost imperceptible erosion of intellectual […]

Are You Really Innovating Around Your Customers’ Needs?

16/10/2020

Benne Ochs/Getty Images How would you reimagine a gas station for the future? Even with the increasing penetration of electric vehicles, gasoline cars are likely to remain the dominant automobile for years or even decades. I have asked this question of hundreds of senior executives. They typically suggest things like including a coffee shop, making […]

Innovation in a crisis: Why it is more critical than ever…

30/07/2020

John F. Kennedy once observed that the word “crisis” in Chinese is composed of two characters—one representing danger, the other opportunity. He may not have been entirely correct on the linguistics, but the sentiment is true enough: a crisis presents a choice. This is particularly true today. The COVID-19 pandemic has upended nearly every aspect […]

Why Now Is the Time for “Open Innovation”

16/06/2020

Jorg Greuel/Getty Images Amidst the gloom and doom of the early months of the Covid-19 crisis, something surprisingly uplifting started to happen: Companies began to come together to work openly at an unprecedented level, putting the ability to create value before the opportunity to make a buck. The German multinational Siemens, for instance, opened up […]

Looking to Boost Innovation? Partner with a Startup.

14/06/2020

GK Hart/Vikki Hart/Getty Images The ability to identify and work with partners is a powerful source of competitive advantage, particularly when it comes to creating new growth products, solutions, and business models. Finding the right partner can supercharge your company’s innovation. Sopra Steria, an IT consultancy specializing in digital transformation based in Paris, estimated that their […]

How the CPG industry can prepare for the next normal

07/05/2020

As the coronavirus pandemic spreads across the globe, threatening both lives and livelihoods, consumer-packaged-goods (CPG) manufacturers continue to play an important role: producing essential items we all rely on for our health and well-being. CPG leaders have focused on meeting this demand while guarding the safety of employees and customers. At the same time, forward-thinking […]

Leading marketing and sales with purpose

05/05/2020

“Without empathy, nothing works.” 1 1. Sean Gregory, “ ‘Without empathy, nothing works.’ Chef José Andrés wants to feed the world through the pandemic,” TIME, March 26, 2020, time.com. That quote, from José Andrés, a celebrity chef who also founded and runs the nonprofit World Central Kitchen, highlights the reasoning behind the organization’s mission: to […]