Ice hockey is big business. But it lags behind other professional sports - soccer, football, baseball, and basketball. As with all industries, the key to growth is innovation. Equipment manufacturers such as Reebok are taking this seriously with the creation of the Hockey Research and Innovation Center. In this month's LAB, we will focus on the equipment side of hockey, specifically on: the hockey stick.
Here is a new iPhone application that uses the structured innovation method, S.I.T., to create ideas for your next party. The Party Idea Generator, P.I.G., leads you through a series of steps to trigger original party ideas. It has ten different ways to start inventing, and you can add more. It also has over 150 pre-generated triggers and ideas to get you moving. My favorite feature is the special "Huh?" button organizer in case you get stuck. If you want to learn the essence of structured innovation, try this app. It is both fun and useful.
Shortage of water may become a more catastrophic problem than food or energy shortage according to experts. The problem affects developing as well as developed countries including the U.S.. For this month's LAB, we will look at how the corporate innovation method, S.I.T., can be used to address such a serious issue. The following ideas were developed by students at the University of Cincinnati working on the PUR water filtration system from Procter & Gamble. They are excellent examples of purpose-driven innovation. You can download the team's complete portfolio here.
Many products are invented accidentally. Serendipity led to the microwave oven, corn flakes, Teflon®, penicillin, fireworks, Viagra®, chocolate chip cookies, and the most famous of all accidents...the Post-it® note. The problem with serendipity is it's not predictable. It is not an innovation method one would count on for corporate growth. But there is value in serendipity if you can unlock its hidden secrets. How?
Non-profit organizations need innovation every bit as much as for-profit firms. Some might argue they need it more because they lack the resources and cash flow of large commercial firms. Non-profits need innovation in:
* Fund Raising
* Expanding their reach
* Mission delivery
* Resource utilization
The need for innovation in the non-profit sector is widely recognized. Awards, grants, and other forms of recognition for innovative programs help stimulate managers to be more aggressive.
While the need is recognized, the approach to innovating non-profits is not. To innovate in the non-profit sector, these organizations should use the same methods found so effective in corporate innovation. Structured methods based on patterns inherent in inventive solutions can be applied to the non-profit business model just as effectively as the for-profit model. A method like S.I.T. can help an organization "break fixedness" about their role, resources, and process, thus opening new possibilities and approaches.