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Starry Night, Vincent Van Gogh,1889 (Courtesy: Museum of Modern Art, New York)

To Become a Creative Star, Collaborate with Stars

Idea posted: February 2019
  • Innovation & Entrepreneurship

A new study shows that while innovators benefit from all collaborations, collaborations with creative stars are more likely to lead to breakthrough innovations — and enable the innovator to emerge as a creative star in his or her own right.

Idea #732
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(Source: Pexels)

Spread Innovation Through Shared Leadership

Idea posted: January 2019
  • Creativity & Innovation
  • Innovation & Entrepreneurship

A new real-world study traces how shared leadership among managers and professionals can ensure that innovation diffuses more widely.

Idea #725
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Hyundai's Sriperumbudur plant near Chennai (Courtesy: Hyundai Motors India)

Using Frugal Innovation to Serve Emerging Market Customers

Idea posted: November 2018
  • Innovation & Entrepreneurship

Using a case study of Hyundai in India in support, two professors show how multi-national corporations from developed countries can access a growing middle class in major emerging companies. The two key success factors: engaging in frugal innovation, based on frugal engineering, bricolage and modularity, and developing collaborative ecosystems

Idea #718
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Photo by Ian Schneider on Unsplash

Transgenerational Entrepreneurship in Family Businesses

Idea posted: June 2018
  • Innovation & Entrepreneurship
  • Leadership & Change

The author of this research, Maria Jose Parada, teaches on the CEMS Masters in Management program at ESADE - and this Idea is part of our CEMS series.

Managing the family as well as the family business, maintaining dynamic portfolios of businesses, and ensuring continued family control of the organization are some of the factors for keeping family businesses entrepreneurial across generations.

Idea #708
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Photo by Simone Busatto on Unsplash

Geography of Innovation: More Emerging Regions Involved, Advance Economies Still Dominate

Idea posted: January 2018
  • Innovation & Entrepreneurship
Institutions: Henley Business School

While emerging countries are starting to generate more innovation, most of the world’s innovation continues to be clustered in regions of the advanced economies.

Idea #689
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Abstract (Source: Wikimedia Commons)

Why Flat Information Structures Enable Creative Thinking

Idea posted: May 2017
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Flat information structures — in which information is not separated out into categories — is more conducive to creativity because they encourage combining information from different categories.

 

 

Idea #654
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Woman with Masks, Hermann Stenner, 1913 (Photo: Lempertz Auction House. Source: Wikimedia Commons)

Integrating Social Identities Spurs Creativity and Innovation

Idea posted: May 2017
  • Innovation & Entrepreneurship
  • Learning & Behaviour

Psychological bricolage enables people to combine knowledge from their different social identities to enhance their creativity and find innovative solutions.

 

 

Idea #657
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The invention of compass (Polar stone), Annonymous, Gdańsk, 1590 (Courtesy: National Museum Warsaw)

Why Good Ideas Don't See the Light of Day

Idea posted: October 2016
  • Innovation & Entrepreneurship

For a novel idea to be accepted and implemented, decision-makers must buy into its future success. Unfortunately, the managers who decide the fate of new ideas are the worst predictors of market success.

Idea #626
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A king (Louis XVI), a clerk and a blade (a guillotine): Nostradamus predicts the French revolution. Illustration in Vaticinia Nostradami,1629.

4 Nextsensing Skills to See What the Future Holds

Idea posted: September 2016
  • Innovation & Entrepreneurship
  • Leadership & Change
Institutions: IE Business School

Asking, “What’s Next?” has always led humans throughout history to create a better future. But answering, “What’s Next?” is not an easy task in today’s ambiguous and complex world. Four ‘nextsensing’ leadership skills are required to lead in the 21st century. 

Idea #624
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Ostriches in Qatar (Source: Wikimedia Commons)

Learning by Hiring: The Challenge of Teaching Entrenched Incumbents

Idea posted: July 2016
  • Innovation & Entrepreneurship
  • Learning & Behaviour

New scientists can bring new knowledge and expertise to a research team and improve the output and results of the team. However, companies need to beware of long-tenured incumbents who won’t take kindly to the arrival of these upstarts. Nor will they be welcomed into a non-collaborative environment.

Idea #614
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Detail from Royal Navy recruiting poster 'The Navy Wants Men', 1915 (Source: Wikimedia Commons)

Hunt for Innovative Ideas Externally or Internally – Just Not Both

Idea posted: April 2016
  • Innovation & Entrepreneurship
  • Learning & Behaviour

Time is limited. New research shows that the most innovative people choose to focus either on outside sources of innovation ideas or within the organization. Those who try to do both only build thin relationships that don’t yield the same results.

Idea #597
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Plastic face protection from snowstorms. Canada, 1939 (Source: Wikimedia Commons)

Why Great New Products Fail

Idea posted: April 2016
  • Innovation & Entrepreneurship
  • Marketing

Many excellent new products fail because companies fail to understand how customers make their purchasing decisions. Specifically, customers decide what they want to buy based on one of two things: their search for new information or the inferences they make based on the information they have. Great new products fail when through their searches or inferences, customers fail to recognize their value.

Idea #601
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Orville and Wilbur Wright examine canoe fittings before the first flight over water, 1909 (Courtesy: Library of Congress)

Uncovering the Elements of Knowledge at the Heart of Innovation

Idea posted: April 2016
  • Innovation & Entrepreneurship
Institutions: Dartmouth College

An innovative new idea is purposefully built by combining elements of knowledge — a daunting task of intuition, elimination and focus.

Idea #598
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The Architect’s Dream, Thomas Cole, 1840 (Courtesy: Toledo Museum of Art, Toledo, Ohio, USA)

How Successful Megaprojects Are Games of Innovation

Idea posted: March 2016
  • CSR & Governance
  • Innovation & Entrepreneurship
  • Operations

Megaprojects are not so much linear constructions of grand designs, but more a ‘game’ of innovation between players slowly ‘shaping,’ through a series of episodes, the project over time.

Idea #587
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Innovation Leaders Turn Creative Ideas Into Action

Idea posted: March 2016
  • Innovation & Entrepreneurship
  • Leadership & Change

Many companies recognize the importance of innovation yet continue to be ineffective innovators. The reason: their leaders lack the right skills to encourage, manage and implement innovation. Recognizing that innovation requires a structured process, multiple perspectives, silo-busting boundary-free and polarity thinking are important first steps.  

Idea #588
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Three Building Blocks of Innovation Leadership

Idea posted: March 2016
  • Innovation & Entrepreneurship
  • Leadership & Change

Fostering innovation in an organization requires the tools and techniques to help generate and implement ideas, the knowledge and abilities to manage innovation processes, and the attitudes that encourage rather than undermine new thinking. The right toolset, skillset and mindset are the three building blocks of innovation.

Idea #589
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Saint Jerome in his Study, Domenico Ghirlandaio, 1480 (Courtesy: Chiesa di Ognissanti, Florence)

Knowledge Leaders to Apply Academic Research to Solve Organizations' Real World Problems

Idea posted: February 2016
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Knowledge leaders leverage academic research into real-world performance advantages for their organizations in three different ways: direct transfer, selective adaptation, or challenging research conclusions. 

Idea #586
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British generals, during the Battle of Gazala, 1942 (Source: Wikimedia Commons)

The Power of Scenarios to Open New Perspectives

Idea posted: February 2016
  • Strategy
  • CSR & Governance
  • Innovation & Entrepreneurship
  • Learning & Behaviour

Well-known as a strategic planning tool, the scenarios methodology can drive potent academic research that shatters assumptions and reveal radical new perspectives on major issues and problems.

Idea #582
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411_World War 2 poster. Wireless operators (Courtesy: BT Archives)

CIOs: Coach and Communicate with C-suite for Digital Innovation

Idea posted: January 2016
  • Strategy
  • CSR & Governance
  • Innovation & Entrepreneurship
  • Leadership & Change

European companies are losing innovation opportunities because C-suite executives fail to respond to information technology and digital-related proposals of the CIO and the information technology function of the company, according to a new survey of European companies in three countries. The problem: lack of communication between IT and non-IT leaders.

Idea #573
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How Creativity Starts With Respectful Engagement

Idea posted: January 2016
  • Innovation & Entrepreneurship
  • Leadership & Change

There are a wide variety of methodologies and concepts for developing individual and team creativity in organizations. New research, however, reveals the unexpected foundation of organizational creativity: respectful relationships.

Idea #578
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Coffee Break ad from Life Magazine, featuring Gracie Allen and George Burns, 1953 (Source: Wikimedia Commons)

Why Slack Time Is Important for Innovation: It’s Not What You Think

Idea posted: October 2015
  • Innovation & Entrepreneurship

New research shows that innovation efforts benefit from giving employees free time (aka ‘slack time’), but not for the reason you might believe. While Google’s free time initiative might have led to creative new ideas, the real benefit of slack time is to allow innovators to get the administrative and other execution-oriented tasks done.

Idea #558
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The Incredible Adventures of Professor Branestawm, by Norman Hunter, illustrated by W. Heath Robinson. (Courtesy: Penguin Books, First Published 1933)

Broad Knowledge or Narrow Expertise: What Works Best for Innovation?

Idea posted: September 2015
  • Innovation & Entrepreneurship

Who is most likely to find the innovative breakthrough: an expert with a deep knowledge of the domain or a cross-functional team with broader knowledge and a variety of experience? New research shows that the cross-functional and diverse knowledge approach to innovation can be a double-edged sword: shattering the myopia of experts but not providing the expertise needed to generate novel ideas in the field.

Idea #548
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The Unexpected Creative Effect of Sarcasm

Idea posted: September 2015
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Sarcasm in the workplace may not be as destructive as once thought. New research shows that expressing or receiving sarcasm can spark creativity through abstract thinking — especially if the sarcasm is directed at or received from a trusted person

Idea #550
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Detail from the fountain in the Piazza di Spagna, Rome, Italy (Source: Wikimedia Commons)

Three Sets of Values that Can Inspire a Culture for Innovation

Idea posted: August 2015
  • Innovation & Entrepreneurship
  • Leadership & Change
Institutions: ESADE

A new model based on the intersections of three complementary sets of values in an organization — economic-pragmatic, ethical-social, and emotional-developmental — can help companies create the culture of passion for innovation required to meet the competitive demands of 21st century business.

Idea #537
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Better Error Management Can Foster Innovation and Learning

Idea posted: August 2015
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Operations

Not only can people learn from errors, but errors are an important part of the innovation process. However errors can have significant costs and the fear of the negative aspects of error can lead to an exclusive focus on prevention policies. Recent research emphasises the need for companies to embed within their culture ways to reduce the negative consequences of errors and enhance the positive through effective error management.

Idea #545
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Innovation is Key to Exporting Success for SMEs

Idea posted: May 2015
  • Innovation & Entrepreneurship
  • Operations

Innovative companies can find success in export markets, but is there a correlation in the other direction: Can exporting lead to greater innovation? A researcher in Australia, dissecting data from thousands of Australian SMEs, discovered some correlation between exporting and innovation, but concluded that it is wiser to focus on innovation first, before attempting to conquer export markets.

Idea #520
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SpaceJunk, Miguel Soares, 2001, 3D animation (Source: Wikimedia Commons)

How Companies Are Trading Innovation Quality for Quantity

Idea posted: May 2015
  • Innovation & Entrepreneurship

When it comes to innovation, are companies mistaking quantity for quality? New research shows that companies who file for a greater number of patents are also filing for patents that are less valuable. This leads to overestimating one’s research productivity — and undermining future innovation.

Idea #512
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The Golden Goose, cover illustration by Mary Lott Seaman, published in 1928 by the MacMillan Company

Will Corporations Leaving Basic Scientific Research Kill the Golden Goose?

Idea posted: April 2015
  • Innovation & Entrepreneurship

Who will invent the new Nylon? Unlike the DuPonts of the past, large corporations are focusing more on applied research, which can lead more quickly to products, than basic, longer-term scientific research that benefits society as a whole.

Idea #509
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Marion A. Trozzolo (1925 –1992) was an innovator, inventor, entrepreneur and  the first manufacturer of teflon coated cookware (Source: Wikimedia Commons)

Should Technology Innovators Participate in the Commercialization Process?

Idea posted: October 2014
  • Strategy
  • Innovation & Entrepreneurship
  • Marketing
  • Operations

Conventional wisdom has it that technology based entrepreneurs are better off commercializing their product by contracting with an incumbent (i.e. licensing). But this trade-off may not always be optimal, because if the innovator can learn from its own commercialization experience, albeit losing some profit initially, it could avoid making the same trade-off with future innovations, thus securing long-term profitability. Alternatively, joint commercialization may be the best approach.

Idea #448
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Pierre and Marie Curie in their laboratory, 1906 (Source: Wikimedia Commons)

How to Build Long-Lasting Collaborations

Idea posted: August 2014
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour

Effective collaboration is at the heart of the best organizations. It’s not enough, however, to launch new collaborative relationships. Ongoing, long-lasting collaborations have a greater return on an organization’s productivity and performance than new collaborations. Managers must understand how to help collaborations to last — and new research shows that the actions and activities that make collaborations last are not the same as those that enable new collaborations.

Idea #426
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