Many years ago, I worked on a project in which we applied Just In Time (JIT) manufacturing principles to business processes. In this project, the customer, a bank, wanted to improve the efficiency and throughput of their commercial loan processing department. Read More

Unfortunately we simply cannot “do it all” and have a healthy innovation pipeline, we are constantly talking to clients who have too many initiatives in the pipeline for their available resources. To improve the quality and financial performance from your innovation pipeline, organizations must... Read More

I was lucky enough to be able to attend the “Ten Types of Innovation” book launch party last night since it was held at The Institute of Design in Chicago, the first design school in the U.S. with a Ph.D. program, and an organization that we share a building with! Read More

In my current position, I work across Europe helping my clients implement strategic business processes. I analyze clients' product development and innovation processes and make recommendations to help them improve. Two tools that I often recommend using are roadmaps and scorecards. Both can be used... Read More

Since my background is the science of language – linguistics – I always try to be as precise as possible when it comes to communicating our concepts to the market and our customers. I can tell you, terminology is not an easy job. You can see what I mean with a few quick online searches of... Read More

I read a recent article which refers to a joint paper from CIMA and AICPA called Managing Innovation: Harnessing the Power of Finance and is based on interviews with senior finance leaders at companies like Coca-Cola, Royal Dutch Shell and BT. Read More

Editor's note: This is the second in a series of three blog posts over the coming weeks. Read part one of this series. Read More

The latest research published in MIT's Sloan Management Review (Spring 2013) includes a study of 759 companies from 17 major markets worldwide. The study found that corporate culture was a key driver of companies that were more innovative. Using the study as a springboard, Professors Jay Rao and... Read More

Traditional ways to screen new product innovation opportunities includes effort/benefit analysis, cost/margin analysis, or risk/attractiveness matrices. A different method to screen these opportunities is to pay close attention to the expected differential economic value they generate versus... Read More

One of the things we recognize as we work with customers about to undertake this kind of initiative is that it can be daunting. There is a lot to do. Further, the work can be risky from a personal as well as professional standpoint. It would be great if we could just show up, deliver and implement... Read More