A measurement of future performance; forecast trends within an economy, industry, or a company.
Intelligence: The ability to learn, understand, and apply knowledge to enhance decision-making and solve problems creatively.
Data-Driven Innovation: The use of data analytics to create novel solutions, enhance products, and inform strategic decisions for growth.
Logistics Innovation is the application of novel methods to improve efficiency, speed, and reliability in the supply chain and distribution.
To effectively execute innovation and develop successful products, companies must conceptualize the product, engineer/architect it, enable user interaction, and design the customer experience. The Outcome-Driven Innovation process enables companies to use Jobs-to-be-Done Theory to conceptualize products that meet customer needs.
Startups have a special relationship with innovation, but it is a risky business. Here are some innovation tips for startups including research, evaluation, pitching, establishing a culture of innovation, scheduling time for innovation, and embracing technology.
Overcoming creative blocks can be frustrating and time-consuming. Woody Bendle suggests using a creative thinking exercise called "What Would Scooby Do?" to break through the creative funk with fun and innovative ideas.