Learning From Failures

How Can Failures Be Good for the Development of an Idea? In child development, the activity to get to learning is called making mistakes. In the field of science, the activity to get to a successful result is called experimenting. In entrepreneurship, the activity to...

When to Innovate? – Pfizer Story

The Innovation Pipeline and Pfizer Almost everybody schedules projects and initiatives with gate reviews and sequencing in place. But making an impact in innovation means going far beyond coming up with new product news for the next catalogue. It’s really about...

Crowdsourcing Part 1

Doing More for Less Wouldn’t it be incredible if you could buy a Lego version of Optimus Prime or the Batmobile? With Lego Cuusoo, you just might be able to. On April 23, 2011, Lego launched a crowdsourcing platform worldwide called Cuusoo where people post their Lego...

Crowdsourcing Part 2

Keys to Crowdsourcing  Innovation Initiatives In our previous article, we have provided examples on how different companies have leveraged crowdsourcing in solving various challenges. The concept has become increasingly important in recent years and hundreds of...

Yes! Innovation Can be learned. Lessons from IXL-Center

Yes! Innovation Can be learned. Lessons from IXL-Center Why, “Disruptive innovation is to create value where nobody else dares”?Organizations are not stupid. They can see the changes that are coming but are stuck in the current situation.  They are like the Titanic,...