Once you have an Idea Bank, you want to expand and build an Idea Generating Factory!
Checkout Institutionalizing Innovation – A Paradox?:
Checkout Institutionalizing Innovation – A Paradox?:
Innovation involves “Out-of-Box” thinking and institutionalizing innovation is a contradiction of sorts. How does one organize creativity in “process-perfect” (read Quality certified) organizations, inevitable conflict-ridden workplaces and a dynamically changing chaotic market-place?
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The bigger challenge is to be ready for the next "unknown" external threat to business. It is not enough for organizations attempt to anticipate the next “Disruptive Innovation” in the market (and grope in the dark, waiting to get hit). Organizations should themselves take initiative to unleash the next series of “Disruptive Technologies” into the market.
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