Managing Innovation to Create a Competitive Advantage
Innovations can expand a company’s existing product line or add new services related to those existing products. For example, a company may find a new use for their products that lets them expand into...
View ArticleSmall Business Innovation
I’ve met many business leaders and entrepreneurs that don’t understand how to leverage innovation in small businesses. These individuals often believe that business innovation is for large companies...
View ArticleNew Innovation for Kids with Diabetes
Many innovations solve problems or simply make life easier. Here’s a wonderful example of using innovation to solve a current problem. Problem: Kids with Diabetes need to monitor their blood sugar...
View ArticleInnovation Case Study – Innovative Solutions Needed
Here’s an example of a situation where someone found a solution to a problem. However, they forgot to consider the new problems caused by their solution! Many cities are installing new traffic signals...
View ArticleInnovative Product Design – Shoes
Can a soccer shoe be innovative? Absolutely! Shoe manufacturer Adidas has developed an innovative soccer shoe that weighs only 5.8 ounces. The manufacturer says these are the lightest soccer shoes on...
View ArticleInnovative Product – Lunch Boxes with Built-In Ice
I was recently shopping for new lunch boxes for my kids to carry their lunch to school. If you have not shopped for lunch boxes/bags lately, you may be surprised at the number of options. Hard-sided...
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Fitness Innovation – A New Twist On An Old Product
Many new fitness products are released into the marketplace every year. A couple months ago I received an innovative new fitness device as a gift. I love this little gadget and I’m amazed at the...
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