In today’s episode of the Idea to Value Podcast, we speak with Adam Malofsky, the MD of Elemence.

We speak about the need to understand your customers’ customer, and the theory of Adaptive Innovation.

Topics covered in today’s episode:

  • 00:01:00 – How Adam’s father’s innovation journey helped Loctite succeed
  • 00:03:00 – The best way to innovate is by finding the needs of your customers’ customer
  • 00:05:30 – Why large companies often don’t look at discoveries and new breakthrough innovations which are still in research
  • 00:07:00 – Adaptive innovation – What must be true…?
  • 00:11:30 – Look for global needs first
  • 00:13:30 – Most companies won’t invest in new technology without the guarantee of a gargantuan return, which they assume will not happen
  • 00:16:30 – How to involve the people in your company who are closest to the customer in the innovation process
  • 00:18:00 – Lack of innovation is usually due to a lack of time
  • 00:19:30 – You don’t want to hire someone who has 30 years of experience in your industry
  • 00:20:30 – Go and speak to the users

Links mentioned in this episode:

Bonus:

This episode was made possible by our premium innovation and creativity training. Take your innovation and creativity capabilities to the next level by investing in yourself now, at https://www.ideatovalue.com/all-access-pass-insider-secrets/

* Subscribe on iTunes to the Idea to Value Podcast: https://itunes.apple.com/gb/podcast/idea-to-value-creativity-innovation/id1199964981?mt=2
* Subscribe on Stitcher to the Idea to Value Podcast: http://www.stitcher.com/s?fid=129437&refid=stpr
* Subscribe on Google Play to the Idea to Value Podcast: https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Ifjlz5o2w27yr4wn7belsne26oq?t%3DIdea_to_Value_-_Creativity_and_Innovation%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16

Idea to Value Podcast: Listen and Subscribe now

Listen and Subscribe to the Idea to Value Podcast. The best expert insights on Creativity and Innovation. If you like them, please leave us a review as well.
Apple Podcasts
Google Podcasts
Spotify
Stitcher

Did you know that scientific evidence shows your creativity decreases over time
The following two tabs change content below.
My Twitter profileMy Facebook profileMy LinkedIn profileMy YouTube channel

Nick Skillicorn

Chief Editor, Founder & CEO at Improvides Innovation Consulting
Creativity & Innovation expert: I help individuals and companies build their creativity and innovation capabilities, so you can develop the next breakthrough idea which customers love. Chief Editor of Ideatovalue.com and Founder / CEO of Improvides Innovation Consulting. Coach / Speaker / Author / TEDx Speaker / Voted as one of the most influential innovation bloggers.