by Drew Boyd | Jul 23, 2008 | Technology
Welcome to The LAB. This month, we will focus on Task Unification. This tool is one of five templates in the S.I.T. method of innovation. The tool works by taking a component of a product or service and assigning it an additional task or job. What I need from one of...
by Drew Boyd | Jul 23, 2008 | Technology
The readership of this blog has steadily grown, and it’s time to start demonstrating how innovation works…in real time. Once each month, I will post The LAB. This is where we will use a specified innovation tool on a product or service that is suggested by...
by Drew Boyd | Jul 13, 2008 | Uncategorized
There is an inherent bias against innovation despite the enormous value it holds for organizations. Corporate executives know that innovation is the only true long term growth engine for their firm. Yet innovation carries with it a certain stigma, a perception in the...
by Drew Boyd | Jun 28, 2008 | Uncategorized
If you want innovation in your company, hire innovative people. But how do you know if someone is innovative? What do you look for? What telltale evidence might suggest that a person has superior innovation skills? Several years ago, I ran a youth hockey league for...
by Drew Boyd | Jun 20, 2008 | Evaluation Ideas
Relying on mergers and acquisitions for growth sends a signal that you don’t know how to innovate or how to manage it. M&A has other problems, too. Companies tend to overpay which actually destroys shareholder value. At best, firms end up paying full value,...