Innovation Challenges

Innovation Challenges are organized contests aimed at solving specific problems through creative ideas and novel solutions.

More Innovation Glossaries

Edward de Bono

Edward de Bono: Maltese physician, author, and inventor of lateral thinking who enhanced creative problem-solving in business.

Intellectual Capital

Intellectual Capital is the sum of a company’s knowledge assets, enhancing its competitive edge and value creation.

Rapid Prototyping

Rapid Prototyping is the process of quickly fabricating a scale model of a physical part by means of computer-aided design (CAD).

Top Innovation Challenges Resources

Common Challenges in Innovation Management

Common Challenges in Innovation Management

This article discusses the challenges of implementing innovation management in organizations and provides lessons learned from a failed attempt.

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Delivering the innovation core: building capability, capacity and competency.

Delivering the innovation core: building capability, capacity and competency.

Constantly building and nurturing innovation resources is essential for sustained growth and success in organizations. Developing the right capabilities, competencies, and capacity for innovation is crucial, but often overlooked or not well-defined.

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What kind of innovator are you?

What kind of innovator are you?

Innovation management can be simplified by using metaphors, like the Matador, to explain the importance of examining ideas that threaten the status quo.

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Who is responsible for innovation?

Who is responsible for innovation?

Who is responsible for innovation in your firm? Many organizations lack a clear leader for this important business function. A Chief Innovation Officer can help evaluate and implement new ideas.

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An image of connected gears with lightbulbs symbolizing innovative collaboration.

Why a common language matters for innovation

Executives must create a common innovation definition and language, and communicate the importance of innovation consistently and broadly to avoid chaos in the organization.

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