In all my life, today feels like there are more questions in the economy than ever. Interest rates are artificially low and near zero while high inflation looms on the… Read More
Innovation
Risk Management in Innovation
When I was a new engineer, I first heard the phrase “manage the risk.” I don’t think I really understood the meaning of the statement because it felt like my… Read More
Products, Production, and Productivity
Watch the 30-second summary and then read on for full details. I have recently been studying a text on Operations Management. Innovation is an element of all operations and as… Read More
Measuring 2020
I would assume that everyone is in agreement that 2020 was a very strange year. The societal, political, and economic fallout will, unfortunately, dog us for many, many years to… Read More
Wagile Activities
Wagile is a hybrid product innovation process using a combination of features from traditional staged-and-gated processes and the Agile philosophy. We take the “W-” from the waterfall systems that emphasize… Read More
Team Dimensions: A Case Study
Watch the 1-minute background video and then read on for full details! When I started working as an independent innovation management consultant, I initially focused on helping companies design and… Read More
Managing Innovation Teams: Lead, Let, and Love
Innovation occurs when technology and market knowledge successfully collide to create a new product or service that is in demand by customers. Successful innovation involves a profit for the manufacturer… Read More
Winning the Race When You Can’t See the Finish Line
About a year ago, I participated in my first triathlon. It was designed for beginners with sprint lengths: 800-yard swim, 15-mile bike ride, and 5k run. There were also events… Read More
Is Your Project Management System Working?
Have you ever started working on a “small” backyard project and found yourself making multiple trips to the home improvement store? If you’re like me, you began with an honorable vision… Read More
Product Innovation
Used interchangeably with “product development” or “new product development”. Product innovation is the creation of a good or service and its subsequent market introduction utilizing new features, technologies, ideas, or… Read More
Building Innovation Leaders
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