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The Innovation Blog

Clayton Christensen: 2 Surprising Reasons Good Companies Fail

Posted by Creative Realities on June 8, 2011

Clayton Christensen is an inspiring guy. Not only has he disrupted the business world throughout his career as one of the foremost innovation academics, he has also overcome a bout with cancer and a recent stroke. Introduced as "the Kobe Bryant of the innovation world," he kicked off the 2011 World Innovation Forum. He began by informing the audience of close to 1,000 that after his stroke one year ago, he had to relearn to speak one word at a time. He then went on to discuss some of the reasons good companies falter. He offered two particularly surprising explanations:

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Topics: Chris Dolan, Learning From Failure, Innovation

How the Wine Industry Conspires to Make You Look Like an Idiot

Posted by Creative Realities on June 8, 2011

Paddy Miller told the audience at the World Innovation Forum that one of the keys to innovation is correctly framing the problem before you search for the solution. Consider Miller's amusing example:  

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Topics: Chris Dolan, Learning From Failure, creative thinking, creative problem solving

Innovation. The worst failure of all is wasting a failure

Posted by Creative Realities on April 20, 2011

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Topics: Jay Terwilliger, Vijay Govindarajan, Learning From Failure, Innovation, creative problem solving, Innovation Metrics, breakthrough innovation, criteria for innovation, approximate thinking, developmental thinking

HBR Blog: Today's Innovation Can Rise from Yesterday's Failure

Posted by Creative Realities on March 29, 2011

In this HBR Blog, created by Jay F. Terwilliger with partner Mark H. Sebell and Vijay Govindarajan, this simple framework is used to determine the success of an innovative effort. It takes corporate will, a marketplace, and strategic competencies to succeed. In other words, successful innovation requires motive, means, and opportunity. Innovation efforts fail anytime they fail to deliver on all three of these domains strongly enough.

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Topics: Mark Sebell, Jay Terwilliger, Vijay Govindarajan, Learning From Failure, Innovation, Innovation, Cross Functional Teams, Pursuit of Ideas, strategic innovation, growth, new product development

The 5 Essentials for Innovation

Posted by Creative Realities on October 15, 2010

At Creative Realities, we have identified five essentials for innovation.  These are attitudes and behaviors that will make even the best-planned and best-executed innovation processes easier to pursue.  In our experience, no innovation effort can reach its full potential without these five innovation essentials:

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Topics: Learning From Failure, Educated Gut, Innovation, Cross Functional Teams, Pursuit of Ideas, Essentials for Innovation