Innovation

Innovation articles

7 11, 2022

L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

By |2022-11-10T15:59:38+01:00November 7th, 2022|Innovation|0 Comments

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true. Traditional project management and financial management processes [...]

28 10, 2022

Opportunity cost

By |2022-10-28T09:36:10+02:00October 28th, 2022|Innovation|0 Comments

Every choice you make comes with trade-offs. This is especially true when it comes to strategic decisions around innovation. If you choose to spend your time, focus, effort and money developing one idea or innovation, it means you cannot spend those same resources on other ideas. Therefore, you must give up the opportunity to do [...]

25 10, 2022

The ladder of “No”

By |2022-10-25T15:55:16+02:00October 25th, 2022|Innovation|0 Comments

As companies grow, it is inevitable that more hierarchies will be created. This is because after a certain size, it is essentially impossible to keep track of the relationships between everyone and what everyone is working on. Contrary to popular belief, hierarchy is not always a negative. In fact, as Start-ups grow, they will eventually [...]

21 10, 2022

Scientific Management, Taylorism and how employees are prevented from innovating

By |2022-10-25T15:22:18+02:00October 21st, 2022|Innovation|0 Comments

The Harvard Business Review's Podcast "HBR Ideacast" has recently started a series on four business ideas which changed the world. I already told you about their excellent episode on Disruptive Innovation. Today I want to highlight another great episode on a topic I learned a lot more about: Taylorism. What is Taylorism? In 1878, a [...]

17 10, 2022

HBR Podcast on Disruptive Innovation

By |2022-10-17T21:37:02+02:00October 17th, 2022|Innovation|0 Comments

Do you know what disruptive innovation is? No, I am not talking about every start-up trying to disrupt their industry. I am talking about the original theory of disruptive innovation, as outlined by Professor Clayton Christensen in his groundbreaking Harvard Business Review article in 1995. This was the theory which described how small upstart companies [...]

5 09, 2022

Sometimes, flat hierarchies can hurt innovation in Start-ups

By |2022-09-04T18:00:17+02:00September 5th, 2022|Innovation|0 Comments

It is common to hear Start-ups talk about the desire to keep hierarchies "flat". This means they do not want multiple layers of management, bureaucracy and red tape getting in the way of people actually doing their most innovative work. Instead, in a flat organisation everyone is more or less on the same level and [...]

23 08, 2022

The danger of “should”

By |2022-08-23T17:43:53+02:00August 23rd, 2022|Innovation|0 Comments

Just because you are female, young and enjoying life does not mean you cannot be a strong leader.And the recent controversy around Sanna Marin says a lot about the problems and biases still preventing women achieving equality.It all comes down to the most dangerous word: "should". In the past week, the Prime Minister of Finland, [...]

15 08, 2022

What impact does a Hybrid working model have on performance?

By |2022-08-15T11:39:21+02:00August 15th, 2022|Innovation|0 Comments

Since the pandemic began, many companies had to allow their people to work remotely for the first time. While it was not always a comfortable start with new technology and ways of working ["You are still on mute, Nick..."], many employees immediately saw the benefits of being able to work from home rather than being [...]

5 08, 2022

Speed may feel like progress, but Velocity gets you to your target

By |2022-08-05T18:04:55+02:00August 5th, 2022|Innovation|0 Comments

Too many startups and scale ups today think that the way to success is by being fast. Especially, by growing fast. Speed is king. You need to be the first to market, even if you do not know what your business model is yet. "Move fast and break things" But if you look at making [...]