The Innovators Studio’s Post

In the ever-evolving realm of innovation, a troubling trend is emerging—the rise of self-proclaimed experts with credentials as insubstantial as the pages of the very innovation books they often quote. This prompts us to question whether an individual can genuinely be considered an expert in a multifaceted field based solely on theoretical knowledge or if […]

Foresight-Driven Innovation Course (How to develop innovation with impact!) This course c/o the Copenhagen Institute for Futures Studies focuses on the nexus between foresight and innovation. CIFS believe in encouraging and enabling innovation as a catalyst for positive change, by inspiring an innovative #NowNextWhy culture, combining an understanding of emerging trends with exploring the future(s). Hence, the Institute’s approach is to leverage #foresight #strategy #innovation #risk to explore for potential outcomes, by highlighting ‘friction and opportunity’ spaces for adaptation and growth. Of course, we stress that innovation isn’t limited to a purely branding context but should instead be seen as including areas such as policy, business model, sustainability, technological and social innovation, etc. This course will provide you with: ·      Solid insights into the essentials of (and leading-edge approaches to) innovation. ·      Insights into how innovators across multiple sectors succeed. ·      Views on rejuvenating approaches to dynamic innovation. ·      The opportunity to network and exchange ideas with like-minded professionals. The core modules covered in the course are: ·      Innovation essentials & leading-edge approaches ·      Leveraging foresight, trend and futures thinking ·      Innovation strategy, tactics, and best practice ·      Anticipatory Leadership ·      Building an ‘FDI innovation manifesto’ Format This live-online course is facilitated via two sessions, from 0900-1400 BST on Mon 23-Tue 24 Sep, and consists of a mixture of instruction and facilitated group activity. There will be plenty of opportunity for delegate involvement c/o contextualisation & discussion. This course is offered in collaboration with Sean Pillot de Chenecey a long-time collaborator and CIFS’ UK Associated Partner. His expertise is based on years of ongoing innovation research experience for a range of leading global brands alongside his ongoing University/Business School lecturing. Sean is also an international keynote speaker and a best-selling author on innovation. Book your place via this link: https://lnkd.in/esy9sUSs Martin Kruse / Carsten Beck / Tamira Vámosi-Snell / Toke Hanghøj / Simon Fuglsang Østergaard / Monika Volgyi / Lasse Jonasson / Bogi Eliasen / Daria (Dasha) Krivonos / Casper Skovgaard Petersen / Jonas Gissel Mikkelsen / Nabil Ali Jaloud

Corporate Open Innovation - What to do and not to do In recent years, we have witnessed the rise of Open Innovation (OI) practice at multiple corporates. So I have summed up my last few years of ground experience in below article recommending what to do and not do as an innovation practitioner. First of all, What is Open Innovation Instead of building innovations/solutions in-house, corporates adopting the best solution available in the market. This will not only save development time and cost but also help you understand the growing technology landscape,  move faster, and keep up with your competition. Why now OI is growing among corporates? 1. Improved efficacy of new age technologies like IIoT, Computer Vision, etc. by startups over the past decade 2. Many startups are now flexible to go white label, third party, etc. 3. With the rise of tech startups, Corporates don't have time to evaluate 1000+ innovations to find the best whereas Innovation consulting firms' filling the gap by identifying the best innovation in the market  4. FOMO of new technologies in the market How are companies doing it? Many companies partner with third-party entities, and few corporations do it by themselves. The trend is expected to grow over the years so it's important to learn from the experience. Feel free to read the handbook and give your feedback

💡 Unravel the origins of innovation! Dive into the historical context that shaped the innovative landscape we know today. 🕰️ #InnovationOrigins #HistoricalInnovation https://hubs.la/Q02KnBcM0

Technology alliances and associations are often considered a place of innovation. In this McKinsey & Company article on getting great ideas, you may be surprised by the fact that it takes an estimated 2,000 ideas to get one commercially viable idea. https://lnkd.in/getF7tKt #Inventures #Alliance #Association #Management

💡 Unravel the origins of innovation! Dive into the historical context that shaped the innovative landscape we know today. 🕰️ #InnovationOrigins #HistoricalInnovation https://hubs.la/Q02fZd360

//RESEARCH UPDATE: Innovation performance 🚀 As promised, I am posting some deep dives to our conference papers from the Continuous Innovation Network (CINet) Conference this year:-) First is the Paper with the (very academic;-)) title "Effects of boundary spanning between explorative and exploitative units" from a research project with Julien Alain N. (Lucerne University of Applied Sciences and Arts) and Dominik K. Kanbach from our Research Group Strategic Entrepreneurship at HHL Leipzig Graduate School of Management) Luckily, the content is actually much easier to grasp than the title: We are testing how informal connections ("Boundary spanning") between explorative (i.e. innovation) and exploitative (i.e. core business) units influence innovation speed and innovation performance. This is important not only for #ambidexterity theory but also for the design of innovative organisations in practice, as we know well from our projects at venture.idea ! The results show that => boundary-spanning aka informal connections increase both exploitative (new to the firm) and explorative (new to the market) innovation performance! => boundary-spanning is even a necessary condition for high (top quartile) innovation performance BUT: Boundary spanning negatively influences innovation speed, which seems like a downer;-), however: => innovation speed negatively influences innovation performance, meaning: lower speed results in higher innovation performance (more explorative + exploitative innovations implemented) Bottom line: Do not fall in the trap of completely separating your innovation unit from the core business. While more organizational interlinks (formal and informal) will lead to lower speed (yes, more meetings...), they ultimately lead to higher innovation performance (more leveraging of existing "unfair advantages", better traction/adoption...) ! The paper is still preliminary but while we work on a journal-ready version, you can already dive in, download link in comments :-)

🌟 Discover the latest findings from Janja Annabel Tardios, PhD Tardios, Senior Lecturer in Strategy and International Business at Brunel Business School! 🎓🔍 In her latest study, Janja is unraveling the dynamics of creativity and collaboration, and sheds light on how businesses can harness the power of symbolic knowledge to drive innovation and growth in diverse contexts. 🌐💼 From unlocking new avenues for innovation to advocating for supportive policies, this research offers valuable insights for businesses seeking to thrive in today's dynamic landscape. 📈🌱 Stay tuned for more updates and dive into the full research to uncover the secrets of peripheral innovation! 📚✨ #BusinessInnovation #PeripheralRegions #ResearchImpact" https://lnkd.in/euVnkttg

We need to get back to the drawing board and help organizations understand the very basics of innovation: definitions, typology, infrastructure, processes, metrics, and incentives. We need to create a set of short narratives, “Innovation101,” so to speak, giving organizations a place to start, in a practical and intuitive way. And we need help from academic researchers studying innovation. No, I’m not calling on them to stop deepening our theoretical understanding of the innovation process. Instead, I’m urging them not to forget that by producing knowledge that the innovation practitioners can’t use, they make their future work less meaningful. #innovation

6 Must-Read Books on Innovation This Summer 📚 As we wrap up this month's "Top Conversations Around Innovation," here are six books to add to your summer reading list: ➡️ Innovation, Sustainability, and Technological Megatrends in the Face of Uncertainties by Abeba N. Turi and Pooja Lekhi (2024) ➡️ Competing Against Luck: The Story of Innovation and Customer Choice by Clayton M. Christensen et al. (2016) ➡️ The Innovation Mode by George Krasadakis (2020) ➡️ Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship edited by Elias G. Carayannis (2020) ➡️ How Non-Conformists Move The World by Adam Grant (2016) ➡️ Innovation and Entrepreneurship by Peter Drucker (1985) 🔗 Join our 'Learning to Innovate' Intelligence Series and discover how to stay relevant and ahead in today’s dynamic market. Link below! 🚀