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| Picturing the art of business |
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Put creative design and MBA students together in the right environment and the best of business and innovation can rub off on both. INSEAD MBAs visit the Art Center College of Design in Pasadena, California.
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The Innovation Premium: What’s the big idea?
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Innovation makes millionaires and undermines monopolies. It raises the profitability of companies and puts a premium on the shares of the most successful. But how can companies foster it? New research by INSEAD Professor Hal Gregersen sheds light on the innovation process and how firms can tap into it to raise their performance and their share price.
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| InnovaLatino Survey: Surprises in Latin America |
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A new technology report shows that there’s an abundance of innovation in Latin America that more than compensates for the region’s information technology challenges. INSEAD, the OECD and Telefonica surveyed more than 1,500 manufacturing firms from eight countries and documents Latin America’s tech-readiness.
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| Can you innovate your business model? |
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Business models help support strategic goals, but too often executives don't inject them with the necessary dose of creativity to bring about real success, according to new research by two INSEAD professors.
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| The next Microsoft: Here’s a partial list… |
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Innovation is flourishing despite a decline in venture capital funding. Silicon Valley veteran Adeo Ressi shares his predictions for life-changing technologies looking for funding.
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| Pushing the boundaries: innovation or imitation in China and India? |
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How do Asia's emerging giants measure on the innovation scale and can they shake off their reputation for imitation rather than innovation? INSEAD professors Anil Gupta [pictured left] and Helmut Schuette share their views.
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| CEO view: Gary Wang (MBA '02J), founder of Tudou.com |
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Tudou.com, China's answer to YouTube with user-generated plus paid content, is one of the country's fastest-growing companies. Founder and INSEAD alumnus Gary Wang discusses strategy and what it takes to start and grow a media company in China.
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| As innovation drives growth in emerging markets, western economies need to adapt |
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No longer content to be cost and talent arbitrage destinations, emerging markets are becoming hotbeds of innovation, says SD Shibulal, co-founder of Infosys Technologies, one of India's leading IT firms. The enterprises of tomorrow need to be smart to make best use of their resources and innovation capabilities in order to succeed.
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| Raising the bar on dyslexia treatment |
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On a trip back home to North Carolina, Chad Myers (MBA '04J) met up with a friend and advisor, Sandie Barrie Blackley, and told her he was looking to get back into entrepreneurship. At that stage of his life, some two years ago, Myers was teaching at INSEAD and running the school's International Centre for Entrepreneurship.
Blackley suggested that her work with dyslexia treatment was ripe for technological innovation. "We talked more and learned of our mutual interest in helping people with reading disabilities because we have both have had family members who were struggling readers as children," Myers told Knowledge.
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| In search of an effective innovation policy |
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Everywhere innovation has become a buzzword: in academic journals, popular media, corporate promotional materials and government strategies. The use of the word has rapidly expanded from a noun to its various hyphenated transmutations. Thus, today we don't only talk of the importance of innovation to societies, but often the importance of specific types of innovation too, such as green innovation, social innovation, open-innovation. The innovation jargon has expanded exponentially with colourful analogies ranging from innovation corridors, clusters, poles, and valleys, to 'disruptive', 'radical'and 'incremental' innovations.
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| The innovator's DNA |
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A major new study has highlighted the key skills that innovative and creative entrepreneurs need to develop. According to Hal Gregersen, an INSEAD professor and co-author of a six-year-long study into disruptive innovation involving some 3,500 executives, there are five ‘discovery’ skills you need but, he says, you don’t have to be ‘great in everything.’
Some well-known business leaders such as Apple’s Steve Jobs and Amazon’s Jeff Bezos rely on their own particular strengths since innovative entrepreneurs rarely excel at all five discovery skills. For example, Scott Cook of Intuit is strong in observational skills. Marc Benioff, founder of Salesforce.com, does a lot of networking, he says. As for Bezos, “experimentation was his forte,” while Jobs is “incredibly strong at associating.”
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| Powering the Google engine: innovation is key |
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It’s a $20 billion company with a formidable staff strength of 20,000, but the spirit of innovation (and enterprise) is alive and well at Google Inc, 11 years after the company was founded by then-students Larry Page and Sergey Brin.
“One of the things I think is special to innovation at Google ... is that, as much as you can do a lot with Google today, it is just as appealing to the novice, as it is was on day one, and that is something that is difficult for most technology businesses to accomplish,” says Dave Girouard, President, Enterprise of Google, who took part in Global Entrepolis@Singapore, in conjunction with the APEC SME Summit 2009.
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| A practical guide to managing innovation |
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What does innovation mean? It used to relate mainly to products, and that's still important. But over the last decade or so, businesses have been putting more and more emphasis on innovating new services and business models as well. In light of this, it’s time companies take another look at how they manage innovation.
“Innovation is one of the least well-managed areas in most companies,” says David Midgley, a marketing professor at INSEAD and author of The Innovation Manual. Read more.. |
