Category: business

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The biggest risk is not to innovate!

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The biggest risk associated with innovation is not to innovate. If the company does not have innovations, it allows competition to shape the future. New ideas will shape the market that will no longer be interested in old products.   Because of this, we can say that sometimes the challenges of innovation are big, but the risk of non-innovating is much higher.   In other words: Standing on the same place is like going backwards!   So, companies should look to the future – to new trends and new opportunities.   How to scan that? Just catch-up with latest news on your domain … Continue reading The biggest risk is not to innovate!

business, creativity, I have an idea and what now?, idea, improvements, innovation, managementLeave a comment

there is no space for ideas in hostile environment

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Few weeks ago, I got one insight from a friend who works in factory. He had an idea how to improve the production process. He spoken with his supervisor and they made this improvement which produces less waste and production is faster. I must say that, I spoke with him few months ago and encouraged him to make this, as it will be done in my company with no problem, but we have innovation culture… What happened is that another supervisor wasn’t been happy with that, and idea was rejected, idea-creator (my friend) got also some bad words like “Don’t … Continue reading there is no space for ideas in hostile environment

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Siemens Smart Grid Innovation Contest

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Siemens has started Open Innovation Initiative for Smart Grid. End of contest is 31st of May. here is how it’s described: “The world around us is changing. To lower CO2 emissions, we need to rely on renewable energy sources. For that, the current energy network needs to become more flexible and intelligent. A Smart Grid!” Continue reading Siemens Smart Grid Innovation Contest

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new shopping mall and few old ladies

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New shopping Mall is opened. It’s the biggest in the range of 150 km, it has more shops then any other, and it’s looking fine. I saw the opening on TV few minutes ago, among the crowd, there were few old ladies with shopping carts (which is not needed, only maybe for one supermarket) which are waiting 9:00 and Mall to be opened for the first time, thew looked like Jenson Button and Lewis Hamilton when they are waiting red lights to switch off at the start of F1 race. I don’t know what they were thinking, but they have … Continue reading new shopping mall and few old ladies

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technology transfer

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I was on the seminar about technology transfer in my town and sadly I couldn’t say after it, I’m convinced in which part of the time period are we now. Are we at the zero-point, or have we made a step further? So, we have three parts of the puzzle: University, Business Sector and Government. University is not open, doesn’t do any R&D (or maybe more polite: doesn’t do much R&D), Business Sector is having it’s own problems and if some companies are really successful – they don’t want to mess around with Faculties which cannot teach them anything new. … Continue reading technology transfer

business, event, innovation, innovation event, innovators, management, presentation1 Comment

insights from entrepreneurship + innovation conference

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Two days ago, I attended and I give a presentation on a conference “entrepreneurship + innovation” in my hometown Osijek, Croatia. This was the 4th conference, but I attended for the 1st time and I’m very happy that I can say that it was very well prepared and very interesting event. In the first part we can saw the presenters talking about depressing and pesimistic state of croatian economy. Ok, now we finally admit that our country is in deep trouble. Second part was three paralel sessions and I was on the “Innovation” session. Presenters shown examples of entrepreneurship in … Continue reading insights from entrepreneurship + innovation conference

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10 tech-enabled business trends

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Interesting article in McKinseyQuarterly where they describe 10 upcoming tech-enabled business trends: 1. Distributed cocreation moves into the mainstream 2. Making the network the organization 3. Collaboration at scale 4. The growing ‘Internet of Things’ 5. Experimentation and big data 6. Wiring for a sustainable world 7. Imagining anything as a service 8. The age of the multisided business model 9. Innovating from the bottom of the pyramid 10. Producing public good on the grid The story of open innovation is part of some trends, also Cloud Computing(SaaS) take part in some. Innovating from the bottom of the pyramid is … Continue reading 10 tech-enabled business trends

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social networking from any phone

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Finnish Sibesonke —a spinoff from Nokia Siemens Networks is using SMS and the USSD text-based browsing protocol, both of which are part of the GSM technical standard to enable social networking or polls participation to users on any phone. Sibesonke has the first project in South Africa, where users only hs to dial *120*686# to establish a data call that gives them a text screen on their phone. From there, they can access job ads, buy-and-sell services, health information, social connections… Continue reading social networking from any phone

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course on creativity and innovation

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I’m just back from first course on Innovations and Creativity. It was a day and half long course on creative thinking and innovation. I got great feedback from participants and I’m sure that in future I will go on with this course. As I expected attendees are the most interested in the creativity examples such as some thinking techniques and pointing out the examples, like coincidental inventions. But, also the chapter “Open Innovations” was very interesting for them as they didn’t know nothing about it. Open Innovation Web-Sites like Innocentive was the complete novelty. New website created (Croatian) which supports … Continue reading course on creativity and innovation

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innovation culture barriers

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Have you heard your friend, father or uncle how he make fun of his boses or to management in his factory because they are doing something „stupid“, and when you ask him „why won’t you propose a solution?“, the answer is: „they wouldn’t listen to me, they dont care for my thoughts“ or „let them do whatever they want!“. This barrier between employee and the firm, or call it ‘learned helplessness’ is the spirit when the employee don’t need to think and it’s the example which kind of culture should be completely changed. This kind of examples can be heard … Continue reading innovation culture barriers

business, idea, innovation, knowledge, management, SMELeave a comment

local idea hero in organization

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Main roles for the person selected as innovation-driver in organization: 1. well-known in organization as innovation-driver and open for any kind of questions 2. running innovation system and improving it 3. be sure that everyone knows about idea process(how to submit idea) 4. taking care for ideas that waits for any decision for long time 5. knows about each submitted idea and keep an eye on innovation metrics, such as no. of submitted ideas, no. of realized ideas and other metrics + creating new inno.metrics if needed Other roles such as connecting intrapreneurs and entrepreneurs with innovators, can be the … Continue reading local idea hero in organization

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mousehunt

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I’m addicted to the facebook application = game Mousehunt. This is one of the best applications on facebook and it’s very popular.The firm who launch it is canadian Hitgrab. It’s interesting to see following sentence on their web-site:“I woke up from a dream-like state and had the image of a mousetrap-type game for facebook”, says co-founder of HitGrab Inc, Bryan Freeman.–> It looks like a classical innovation story! Continue reading mousehunt

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50 most innovative companies in the world

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New list with the world’s 50 most innovative companies done by businessWeek and BCG, link Only surprises in top10, are 6th and 7th placed TATA Group & Nintendo. Apple is holding number 1, Amazon.com and IBM are out of top 10. 3M is only 22nd and Siemens only 38th. Looking through regional perspective doesn’t give too many changes link Continue reading 50 most innovative companies in the world