Because of new communications technologies, including a proliferation of video-conferencing options over the Internet, many have declared the “death of distance.” Geographical separation of even thousands of miles is no longer a barrier to close collaboration. Collaborators can work together on projects with the same ease and effectiveness whether they are physically located on different […]
Ambidexterity involves two goals that are often at odds: exploitation – successfully competing in the present with quality products and services, superior execution, and successful marketing; and exploration – preparing to win the future through investments in R&D and innovation and acquiring the knowledge to anticipate changes in the business environment. How can companies navigate […]
Read More… from Staying Competitive Today While Preparing Full-On for Future Success
How successful are your innovation efforts? For many companies, proof of groundbreaking innovation comes in the form of patents. The question about research productivity is often answered by how many inventions have emerged from a company’s R&D capabilities, as measured by the number of patents filed. Quantity, however, does not necessarily mean quality. The true […]
Read More… from How Companies Are Trading Innovation Quality for Quantity
Crowdsourcing and social media channels have largely replaced the private channels between a lone individual and an organization with a public debate in which external contributors not only submit suggestions but also vote for and comment on suggestions made by others. In the best cases, these interactions evolve into a vibrant initiative, granting the host […]
