Thursday, February 26, 2015

How Singapore Became an Entrepreneurial Hub

“You are crazy.” That was the predominant sentiment I heard a little more than five years ago when I told U.S.-based venture capitalists about my plans to move my family out to Singapore to oversee Innosight’s nascent investment and incubation arm. Since I had never done venture investing before, I was trying to get advice [...]

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Expertise: Emerging Markets | Comments (0)

Tuesday, February 17, 2015

Assessment: Should We Pursue This New Project?

Like aviators, experienced innovators use checklists. It’s how they make sure they haven’t left out any critical steps when assessing new ideas. This approach, described in our recent HBR article, also helps company strategists and innovation leaders evaluate investments and advise new-growth teams in a disciplined way. We’ve created this brief interactive checklist to help [...]

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Expertise: Uncategorized | Comments (0)

Wednesday, January 21, 2015

When It Comes to Digital Innovation, Less Action, More Thought

A few years ago, we had an idea for a new business opportunity. One of our colleagues owned a restaurant and was complaining about the amount of money he lost because expensive bottles of liquor often went missing (the industry calls this “shrinkage”). This is a problem affecting tens of thousands of restaurants — an [...]

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Expertise: Business Model Innovation, Emergent Strategy | Comments (0)

Monday, January 12, 2015

Why Online Retailers Are Starting to Care About Your Feelings

When I was growing up in suburban Cleveland, the mall was everything.  It was where I hung out with friends, earned my first paycheck, and exercised my newfound independence. Now that mall is practically empty. Storefronts are vacant. You can hear the footsteps of the few shoppers echo down the hall. We all know that [...]

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Expertise: Jobs-To-Be-Done | Comments (0)

Wednesday, December 17, 2014

Calculate How Much Your Company Should Invest in Innovation

How much does your company need to invest in innovation? It seems like a simple enough question, but answering it with a degree of rigor often highlights a gap that’s bigger than you think between your future financial targets and your current investments in growth. Identifying this so-called “growth gap” is critical, because the bigger [...]

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Expertise: Culture of Innovation, Disruptive Innovation, Jobs-To-Be-Done, Portfolio Management, Risk Management | Comments (0)

Tuesday, December 16, 2014

Practicing the ‘Art of Disciplined Experimentation’

“Why don’t we just do that instead of all this testing?” The ‘we’ in the question is a large client active in the retail space. The ‘that’ is what he assumed was required to launch a new product, and ‘all that testing’ was the test & learn plan that came first. The question posed was [...]

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Expertise: Culture of Innovation, Emergent Strategy | Comments (0)

Tuesday, December 9, 2014

Innovation Leadership Lessons from the Marshmallow Challenge

Imagine a room filled with 30 people, divided into six teams. Each team gets 20 sticks of spaghetti, a yard of string, strips of scotch tape, and a single marshmallow. They have 18 minutes to build a free-standing structure that will enable the marshmallow to rest on top. This is the so-called marshmallow challenge, a [...]

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Expertise: Risk Management | Comments (0)

Thursday, October 16, 2014

When Entering a New Market, Check Your Assumptions at the Door

Sometimes, knowledge is a bad thing, and it can be especially harmful when you’re trying to grow in a new region or open a new market. A case in point happened when my colleague Chris and I were part of a small team working to design and launch a venture in the medical tourism space. [...]

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Expertise: Business Model Innovation, Emergent Strategy, Emerging Markets | Comments (0)

Monday, September 22, 2014

Putting the Cat on the Table: How Candor Can Drive Innovation

In 1997, Korean Air Flight 801 crashed into a mountainside in Guam. While several factors played a part in the accident, the inability of the co-pilot to openly raise his concerns to the captain contributed to the tragic outcome. In his book Outliers, Malcolm Gladwell recounts how accidents like Flight 801 led to the radical [...]

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Expertise: Culture of Innovation | Comments (0)

Friday, September 19, 2014

The Chief Innovation Officer’s 100-Day Plan

Congratulations! Your energy and track record of successfully launching high-impact initiatives scored you a plum role heading up innovation. Expectations are high, but some skeptics in the organization feel that innovation is an overhyped buzzword that doesn’t justify being a separate function. So, what can you do in your first 100 days to set things [...]

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Expertise: Business Model Innovation, Disruptive Innovation, Portfolio Management, Uncategorized | Comments (0)

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About Innoblog

The INNOBLOG covers all aspects of innovation, from strategy to execution, in thought-provoking and insightful posts. Innoblog is a group forum to which many Innosight team members contribute. Outside contributions are welcome too. The blog is edited by Evan I. Schwartz, who also edits Strategy & Innovation.

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