The New Rules of Managing Innovation
Trend No.1: Silos are FINALLY falling (but not in the way you may think)
What if all departments got together for a day and were capable of birthing an idea?
To some of you this dream might sound more like a nightmare!
"you have one year to change our world—go!"
"You can't read the label when you are sitting inside the jar."
One solution? Consider open innovation.
Intelligence is learning from your mistakes. Wisdom is learning from the mistakes of others.
Social media's rise as an effective innovation tool. Innovation is about insights, ideas, and communication.
The emergence of social-media tracking tools give researchers and marketers.
If you are not taking advantage of social media, you are missing an opportunity to create and launch better ideas faster.
"What if I am missing something that is going to put me out of bussines?"
We call this Innovation War Games and it is exactly what more and more CEOs are secretly doing today.
Your job as a manager will be to serve as a catalyst and coach, keeping everyone focused on the end goal.