Most innovation leaders are aware of this fact: Industrial companies have been slipping out of the Fortune 500 in favor of technology ever since the dot com boom. In fact, Innosight’s 2018 Corporate Longevity Forecast found that the 33-year average tenure of companies on the S&P 500 in 1964 narrowed to 24 years by 2016 and is forecast to shrink to just 12 years by 2027.
Risk is so very misunderstood, especially in the world of corporate innovation. Learn more about innovation risk in this blog post.
I’ve been harpooning idea platforms a lot these days, underscoring the fact that idea management doesn’t have the same scaling power as innovation management. While idea tools can certainly be leveraged in the innovation process, innovation management focuses on transforming a business in a way that idea management just can’t.
Our founder Rachel Kuhr Conn definitely had more than a few pandemic lemons thrown her way, but it’s safe to say she turned them into lemonade. Not only did she take Productable from idea to development, managing to score a deal with the United States Air Force in the process
For the first blog in our Innovation Expert Interview Series, we sat down with Carlye Lauff, one of three people in the world to get a PhD researching Prototyping.
In the startup world, you’ll often hear that a big reason any given startup fails is that they’re a “product in search of a problem to solve.” This is widely known as a solution-first approach, and it applies to innovation, too.
I’ll cut to the chase and answer the question posed in the headline: Because we as an industry have yet to master process.
Here’s a doom and gloom insight for you to lose some sleep over: A recent Innosight analysis found that the 33 year average tenure of companies on the S&P 500 in 1964 narrowed to 24 years by 2016 and is forecast to shrink to just 12 years by 2027.
In 2014 I went skiing for the first time. After a few hours of instruction I hit the slopes, convinced I could pizza and french fry with the best of them, and immediately broke my leg and blew out my knee.