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Companies look outside for new ideas
As new technologies shake up their markets, making consumers more willing to defect, companies are shaking up their methods of bringing products and services to market. Among the outside parties they're reaching out to: their own customers. Through a process known as "outside innovation," companies are deputizing customers to help design new offerings, Boston high-tech consultant Patricia B. Seybold documents in a forthcoming book.
Manufacturers face challenges of innovation
Technology executive and author Tom Kelley calls them devil's advocates. Guy Kawasaki, another notable executive author, calls them bozos. Whatever label or moniker one attaches to them, they are the people in business organizations who act as speed bumps or roadblocks to innovation, and they are a powerful force in American business. So powerful, in fact, that they threaten to stifle the consistent and bold innovation that is considered a requisite of survival for American manufacturing companies.
Creativity in Business Examined at Rotman School of Management Conference
In recent years creativity has emerged as the single most important source of economic growth. A June conference organized by the University of Toronto's Rotman School of Management takes a look at creativity and how organizations can harness it as a competitive advantage. "Creativity: 21st Century Capital" will be held on Friday, June 2 at the Fairmont Royal York Hotel in downtown Toronto. Thomas Stewart, Editor-in-Chief, Harvard Business Review, will co-host the conference with Rotman Dean Roger Martin. The day's line-up features some of the leading experts on creativity. "Make no mistake about it, business is a creative activity, and the creative economy is here to stay," says Martin of the Rotman School. "Organizations who figure out how to manage for creativity will have a crucial advantage in the ever-increasing competition for global talent."
Thinking too much is not the smartest way
COMIC genius John Cleese, the Monty Python legend and mein host at television's most infamous hotel Fawlty Towers, once said: "Just occasionally I get the feeling that somebody has said something important." He was talking not of the members of staff at his chaotic Torquay establishment, but of a book written by Professor Guy Claxton - professor of learning sciences at the University of Bristol's Graduate School of Education and considered one of the country's foremost creative thinkers.
Consumer creativity key to successful business innovation
Consumers have an active role to play in helping companies innovate and succeed says a new NCC report, The User Innovation Revolution. Ideas and experience shared by communities of consumers are already benefiting some areas of industry by contributing to the development and effectiveness of new products and services, the report says. The mountain bike, the online Sims community and the NHS Expert Patient Programme are prime examples of successful consumer-led innovation.
Ideas Arabia set to organise the first-ever global workshop, conference
DUBAI ? Ideas Arabia, a forum of companies formed under the umbrella of Dubai Quality Group (DQG) to optimise and focus the effectiveness of the suggestion scheme programme, is organising the first ever global workshop and conference next month.
Design your own revolution
Innovation was once the work of an individual. Now - from weblogs to mountain bikes - we are inventing the things we want to use, writes Charles Leadbeater About 20 years ago a new kind of bike started appearing on British streets: the mountain bike. Where did it come from? Not from a lone inventor working in his shed, experimenting feverishly. Not from the research and development lab of a mainstream bike manufacturer
A tightrope between finance and creativity
Senior international business leaders have agreed to share their experiences in a series of short, filmed interviews with Fifty Lessons. This week: Sir Martin Sorrel, Group Chief Executive orf WPP.

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