Mission Statement
The legal rights that protect the creations of the mind, such as inventions, designs, trademarks, and copyrights. They can provide a source of revenue through licensing and royalties.
A hackathon is basically any event where people come together to solve problems (mostly over 1-3 days).
Lifecycle Management refers to the efficient monitoring and maintenance of a system or product. A product is continually iterated, developed, and improved based on an understanding of it's lifecycle.
Find out how incorporating playfulness in your work can increase creativity and innovation at the workplace.
Open innovation is crucial for businesses to adapt to the new more porous and externalized environment. To stay competitive, companies need to collect data from sales staff and suppliers to create disruption maps that show how their products can remain relevant.
Innovation experts predict four important trends for 2011: open innovation, experience over product, timeframes shortening, and creativity re-entering the workforce.
Understanding your company's why is the most important question a business leader should be able to answer. Without a clear purpose, employees and customers cannot align their values and beliefs, which results in a lack of innovation.
Domino's Pizza has launched a new feature called "Domino's Hotspots" which allows customers to receive pizza deliveries to non-traditional locations by using GPS coordinates instead of traditional street addresses.
Learn how to rework a faulty vision statement with these 4 visioning exercises that focus on defining words, eliminating jargon, translating aspirations into actions, and asking emotional questions.
Learn how Amazon's CEO Jeff Bezos applied lean management principles, such as continuous improvement and waste reduction, to transform the company's operations in this concise article.
Predictive analytics can help businesses understand their customers' needs before they even express them.
Constant busyness can diminish our ability to think creatively, causing a significant impact on creativity. We need to engineer scarcity in our communication and activity, so we have time to allow our minds to wander.
A free mind map template that shows you the most important aspects when developing new innovative products.