Innovation projects
Innovation projects: Mastering the challenge of implementation What are the main barriers to successful business innovation, innovation management and innovation projects? Why does the realization of innovation initiatives always take so long? The answers to these questions are virtually the same every time: no explicit innovation objectives, a lack of resources, insufficient time for implementation. […]
Business Trends
The most relevant business trends for the decade of fundamental change The years up to 2030 will be the decade of fundamental change, in which business innovation and digitalization will transform markets even faster than in the previous ten years. From 2020 onwards, the speed of transformation and digital transformation will accelerate further. Business trends […]
Innovation Trends
How Innovation Emerges from Trends Increasingly, innovations are based on trends. Digitalization and digital transformation will radically change the innovation management of companies in the coming years. New digital business models are emerging on the basis of new technologies such as the block chain, artificial intelligence or edge computing. Business innovation is increasingly technology-driven. The analysis of technological trends, […]
Customer driven innovation
How complaints boost customer-driven innovation Turn negative feedback into competitive advantage What is the secret of companies that successfully deliver customer-driven innovation? The review of customer complaints is an integral part of their innovation strategy. Results have a direct impact on the innovation process. These companies use every complaint as a driving force for customer-driven […]
Continuous Improvement Program
Four success factors for a highly effective Continuous Improvement Program A continuous improvement program helps companies to implement organizational innovation as efficiently as possible: Saving time, cutting costs, avoiding unnecessary bureaucracy. But how can processes really be improved? For improvement companies use methods such as the continuous improvement process. But something else is important: a […]
Key Success Factors for Digital Transformation
Key Success Factors for Digital Transformation Digital Disruption and Digital Transformation are changing markets and businesses like never before. Currently, the discussion about digitalization and digital innovation is entering a new phase. How can companies become winners of digitalization? How can digital transformation be successfully managed within a company? In this article you will learn […]
Difference between innovation and digitalization
Innovation and digitalization – What is the difference? Digitalization requires companies to undergo digital transformation. Or is it innovation? There are confusions in a lot of companies. Is innovation, digital innovation and digitalization actually the same? What is the difference? In this article you will learn the difference between innovation and digitalization. In our free […]
Bright Idea
How to develop a bright idea How do you come up with a bright idea? The famous inventor Thomas Edison had a simple answer to this question: “To have a great idea, have a lot of them.” Although this quote is more than one hundred years old, it has not lost any of its relevance. […]
Successful Innovation Management Process
Designing a successful innovation management process One of the main tasks in innovation management is to set up an innovation management process and monitor the progress of innovation projects. There are countless pieces of advice on what a perfect innovation management process looks like. For example, DOMO Chemicals, an international medium-sized chemicals manufacturer, has established […]
Culture eats strategy for breakfast
Culture eats strategy for breakfast – and disruption for lunch “Culture eats strategy for breakfast.” This quote from Peter Drucker summarizes it in a nutshell: The best innovation strategy is of little use if it is not backed by an innovation culture in which goals are implemented with commitment and without compromise. In the age […]