Large U.S. firms react to competition from high-quality foreign importers by investing more in their own R&D efforts and producing more patents. Source: A Side Effect of Imports: They Encourage Homegrown Innovation
Source: Innovate on Purpose: Moving beyond Explore and Exploit
To address their disappointing innovation results, many management teams advocate a strategy of launching Fewer, Bigger, Better products. While this is a sound approach, it has proven difficult to execute. Success requires the organizational resolve, discipline and confidence to launch fewer projects and still meet top-line innovation goals. Source: Innovation Excellence | How To: Make … [Read more…]
In today’s fast-paced, highly visual and interactive world, it is difficult and unrealistic to drive enthusiasm and deliver strong results from a new PLM implementation with an approach that is documentation-driven, slow-moving and highly bureaucratic. Rapid prototyping or agile development, which is an iterative and collaborative approach characterized by short “requirement –> build –> test” … [Read more…]
“Despite being able to build just about anything with 3D printing, until now items have been limited to polymer plastics, a handful of metals and glass. However, researchers at HRL Laboratories have announced a significant advancement in additive manufacturing: the ability to print ceramics Source: Now we can 3D print ceramics
“Creativity researchers have shown that serendipity plays a big role in creativity, and that serendipity is more likely to happen when you seek out new experiences and become more aware of what’s going on around you. “The book Inventology by Pagan Kennedy builds on this researc and emphasizes that serendipity is critical to creativity. (See the excerpt in today’s New York … [Read more…]
“Yesterday’s graphic designers are today’s UX designers. Will tomorrow’s UX designers will be avatar programmers, fusionists, and artificial organ designers? Yes, according to the illustrious roster of design leaders we spoke with here. “Design has matured from a largely stylistic endeavor to a field tasked with solving thorny technological and social problems, an evolution that … [Read more…]
Forward thinking is more than a generic phrase. Lisa Bodell describes in Strategy + Business specific tactics to help companies capitalize on future trends. Source: Five Steps to Formalizing Forward Thinking in Your Organization
“Bell Labs is a toolbox. Every day we ask ourselves: What do we want to build? And we can ask this knowing that what we build will have real world deployment through Alcatel-Lucent. Some people say the era of the big lab is over, but we don’t. The pressure is on Bell Labs to do … [Read more…]
Amazon’s new product innovation skunk-works, Lab126, will see a boost in funding and manpower over next five years. What can we expect to see from this company who is unafraid to be experimental and learn from their successes and failures. Source: Secretive Amazon Lab To Develop Wearables and Household Devices