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Blog
Thursday, June 11, 2015
Can Collaborative Innovation and Technology Accelerate and Lower the Cost of “Innovation?”
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I experienced a strategic “innovation” transformation when I worked in Procter & Gamble’s (P&G) diaper business between 1996 and 2007. In my first assignment the name of the business was “Diaper Category,” later it became “Baby Care.” This was an indication of a significant change in the business strategy—the focus…
In my presentation at the recent CIMdata NA Market & Industry Forum, I talked about why PLM has to extend to strategy and Front End Innovation (FEI) to become a platform for innovation. In this blog, I would like to talk about a key aspect of FEI: Ideation and Idea…
An organization delivers on its mission through its employees. This fact is often expressed in corporate communication statements such as “Employees are our most valued asset.” However, despite best intentions, not every organization is able to create an environment in which employees feel valued. This is true even in companies that competitively…
The Internet has transformed commerce, and enhanced human interaction, and CIMdata believes that the Internet of Things (IoT) will do it again. Amazon, Orbitz, and Über are three examples of companies that leveraged the Internet to permanently change the competitive landscape in a range of industries—great examples of the “creative…
Businesses grow through partnerships. Whether you partner internally within your firm or externally to initiate a new business, source innovative ideas and technology, or create new channels for your products and services, a common goal is joint value creation. While many partnerships start with a big vision and goals, many…
For innovation to succeed, we must first consider the human factor: our consumers, employees, and partners. Each of these stakeholders will have a different role and interest for collaborating with us on innovation. Understanding and satisfying their needs will take time and effort, but when done well, the return on…
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