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Status Quo bias: Why people are resistant to change

Idea to Value

In innovation projects, we often hear about companies resisting a change to the status quo. As a result, many innovation projects fail at the final hurdle, when they are asked to actually implement the change they were designed for. How then should we ever hope to achieve change in ourselves, our teams and our companies.

Change 257
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Why Every Large Organization Should Decentralize Innovation

Idea to Value

A fully centralized ownership of innovation and idea management naturally makes it easier to achieve “maturity”, since that one team can manage everything in a controlled manner, often with the same exact process for every idea and innovation. That, however, is where the problem lies.

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What Is Corporate Social Innovation? Understanding the New Driver of Change

IdeaScale

Co-creation refers to the phenomena of two entities working together to overcome a challenge or an issue. For example, rather than saying your aim is to deliver nutritious food to the poor, you can say that the goal is to increase distribution of nutrients to a population with a particular income by 100% in the next 2 years.

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15 most important Innovation Theories your company should be using

Idea to Value

The TRIZ acronym comes from it’s original Russian name, and in English it is often referred to as a “theory of inventive problem solving” or TIPS. What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations.

Company 251
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The Fallacy of the Aha Moment & Overnight Success in Innovation

Idea to Value

The real stories behind some of the famous examples people usually refer to when they talk about big aha moments and overnight successes are often quite different. Editor’s note: Darwin was also in contact with Alfred Russel Wallace , who was developing his own theory of evolution and natural selection at the same time as Darwin.

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Development Opportunities for Supervisors: Top 12 Resources & Tools

CMOE

The good news is, there are development opportunities for supervisors that can help you succeed in your role. With the right tools and resources by your side, you will feel more confident in driving your team forward. Supervisors are the linchpin that keeps team members—key contributors of an organization—on track.

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How Technology is Empowering the Modern Property Manager

Business and Tech

At the time we were looking to raise capital (between 2011 and 2013), businesses with women on the executive team received only 7 percent of the venture funding. Residents in a community are welcomed members, and interactions with the management team and fellow residents are encouraged. What a great question.