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Innovating with Nanobots: What You Need to Know

During the Cold War, Nobel Prize winner Richard Feynman investigated the possibility of science on a microscopic scale. He wanted to create machines that could assemble molecules atom by atom. While this sounds like science fiction, the "nanoscale" exists. Nanobots exist. Nanotechnology is growing rapidly, and I believe its impact will be significant. The Nanoscale In 2016, IBM researchers announced they…

Process Innovation – Including the Innovation Process

Process innovation is the implementation of new or significantly improved processes to achieve tangible outcomes. There are two types of processes: operational and managerial. Operational processes seek to improve efficiency through streamlining activities and eliminating production waste. Managerial processes strive to enhance the effectiveness of a process by improving coordination and decision-making. Redesigning the process’s…

Chunka Mui on Innovating a Perfect Future

Chunka Mui is passionate about changing the world by thinking through future problems. He loves to ponder what is possible in the future, given the exponential growth we are experiencing now. As innovators, we forget to consider our innovations' unintended consequences.   Chunka says innovators also don't think enough about the intended consequences. His latest book, A…

Should You Outsource Your Innovation Process?

Outsourcing your innovation process is an exciting way to increase innovation competitiveness. Utilizing organizations like an innovation agency can allow firms to focus on other business areas. The results are increased efficiency, improved quality, faster innovation implementation, reduced innovation risk, and increased flexibility. Outsourcing innovation can be a powerful tool to help companies speed up their growth.…

Innovating with Design Thinking

Design plays a vital role in our lives and is ever-evolving. In the past, it meant designing or planning something. In the early 1800s, the term was synonymous with art, and in the late 1900s, it referred to creating products or services. Over time, design has gone from being a specialized field tied to specific…

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