Innovation Adjacencies

Finding adjacent market spaces is an attractive way to grow. Adjacent markets are not too far away from your core business in terms of channels, technology, price point, brand, etc. Adjacent means: lying near, neighboring, having a common border, touchable. Although...

Innovation Anxiety

Innovating is hard work. Perhaps the most difficult aspect is dealing with the anxiety that comes with following a systematic innovation method. The process forces innovators to start with uncomfortable, abstract concepts that seem silly and worthless. These are...

Innovation Dream Team

Innovating takes teamwork. Properly selected teams using a facilitated systematic method will outperform ad hoc teams using divergent, less structured methods such as brainstorming. How do you create the “dream team” for an innovation project? There are...

Abraham Lincoln: A Two-Way Innovator

Abraham Lincoln was a tinkerer. He loved all things mechanical. “He evinced a decided bent toward machinery or mechanical appliances, a trait he doubtless inherited from his father who was himself something of a mechanic and therefore skilled in the use of...