Showing posts with label what does innovation mean. Show all posts
Showing posts with label what does innovation mean. Show all posts

Friday, November 25, 2011

Better process means better innovation

This excerpt is part of a larger post by Dr Tim Kastelle from UQ.

It is from Chess Champion Gary Kasparov commenting on the winners from a 2005 Chess tournament which allowed human and computers to enter as hybrid teams. The winners were amateur players using modest equipment with a superior process. He said:

"Weak human + machine + better process was superior to a strong computer alone and, more remarkably, superior to a strong human + machine + inferior process."

Click here to read the full article.

Monday, November 14, 2011

Snatching innovation from the jaws of a problem

I found this article on Associated Content where it provides a few examples on how innovation can be the silver lining to a problem. Two interesting examples including bottling water seepage from a train tunnel and turning tents into trousers.

Click here to read the full article here.

Monday, October 10, 2011

The Second Most Powerful Word in Innovation

by Roy Luebke

The second most powerful word in delivering new economic value (aka innovation) is effectiveness. Peter Drucker wrote extensively on effectiveness and the subject is worth reflecting upon when determining how and where to find growth opportunities an embarking on any innovation program.

Let’s begin by clearly stating what effectiveness is NOT:
  • Efficiency
  • Cost reduction
  • Time management
  • Automation
  • Any other number of words describing task-oriented business
Read the full article by clicking here.

Roy Luebke is an innovation expert focused on discovering new, customer-driven opportunity areas to help define the future of a company. He is inspired by knowledge and learning, and applying structured tools and methods at the crossroads of strategy and innovation to achieve business growth.