Large organisations are beginning to invest in innovation - usually this takes the form of idea contests, hackathons, incubation programs and intrapreneur programs.
Could a company outsource prototyping for a new idea completely and let a third-party organisation do all the testing and market validation?
The perfect prototype is the one that’s imperfect. Time and time again, new founders will make excuses like, it's not ready yet”, or “I just want to add a few more things to it” to explain why they haven’t launched their prototype yet. This mentality has slowly suffocated many-a startup.
Design thinking is a mindset that empowers children with the ability to think creatively.
If you're a student currently in university or a working professional looking to study masters, it's time for a reality check
As disruptive technology takes over, kids need to learn how to adapt and be empowered by skills that will prepare them for the future
One of the biggest mistakes is for companies to believe enterprise innovation is a top-down phenomenon, where managers (or a small team) come up with solutions, and push changes down the organisation. While managers have a significant role in innovation and change within an organisation, employees should be the primary drivers of change.
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In an age where a firm’s innovation strategy can make or break the company, it’s more important than ever for companies to define what it means to innovate. In this article, we cover the strategies and models for business innovation strategy, along with examples.