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20 Tips To Initiate & Inspire Innovation From Your Strategic Thinking Business Coach
The word innovation appears frequently in advertisements, positioning statements, branding, marketing, mission statements and is used by most businesses and organizations in some fashion or form. But the question is how many businesses and organizations really make innovation a top priority? And how many businesses and organizations are truly good at innovation? One recent AMA/HRI study found that although most organizations say that innovation is a top priority, few companies are actually good at it. So, with that in mind, Your Strategic Thinking Business Coach offers the following list of twenty (20) tips to inspire and initiate innovation for you and your business.

The Innovation Process - From Vision to Reality
Innovation is a collaborative process through which organizations abandon old paradigms and make significant advances. Innovative ideas come from several sources, including: unreasonable demands, goals and time pressures. An organization must cultivate innovation and link it to their business improvement strategies to realize benefit from innovation.
Role of Leadership in Planning
Executives love to talk about planning… most complain their processes don’t work very well. Harvard Business Review reports that only 11% of CEOs believe that strategic planning is worth the effort. Most planning processes are too complex, and only document decisions already made. CEOs have the responsibility to make their planning processes effective; I believe the key is to keep the processes simple and focused.
Innovation is simple!
Innovation can be simple - but we have to put in place the processes that make it so. Otherwise, our employees remain disengaged and non-creative.
The Integration of Innovation and Marketing Best Practices for Business Excellence Part1
During an economic down turn marketing and particularly funds for innovation and growth are amongst those hardest hit. As new, profitable innovations are owned by marketing, whilst their financing comes from the ability for the current business to generate profits, there is an intimate link between marketing and innovation. Considering current business and innovation as distinct silos, managed in different ways by separate functions, may mean that the organization is missing a significant opportunity to maximize the skills, knowledge, resources and networks of the organization. Innovation Expert, Kevin Weir and Marketing Excellence Practitioner, Phil Allen explore how companies can keep their marketing and innovation machines turning even in tough times by taking a more integrated approach to innovation and marketing.
The Integration of Innovation and Marketing Best Practices for Business Excellence III
During an economic down turn marketing and particularly funds for innovation and growth are amongst those hardest hit. As new, profitable innovations are owned by marketing, whilst their financing comes from the ability for the current business to generate profits, there is an intimate link between marketing and innovation. Considering current business and innovation as distinct silos, managed in different ways by separate functions, may mean that the organization is missing a significant opportunity to maximize the skills, knowledge, resources and networks of the organization. Innovation Expert, Kevin Weir and Marketing Excellence Practitioner, Phil Allen explore how companies can keep their marketing and innovation machines turning even in tough times by taking a more integrated approach.
Operational Innovation
There is an opportunity for almost every company to gain advantage through operational innovation. Operational innovation simply means identify key business processes and innovating in them to achieve faster throughput, or to provide some new convenience or wow factor customers, or to bring cost of offerings down in a dramatic fashion.This article explains operational innovation with help of an example.
What's under your sales-bonnet ( Part 1)
All performance vehicles have an engine, including businesses, and the faster the vehicle the more powerful the engine. In most successful businesses I see one common denominator: the ability to proactively generate new business. Many businesses, however, lack skills and processes when it comes down to getting out into the market and stimulating interest and engaging new business. The key to a powerful business is a powerful sales-engine. When cash-flow is positive and business is profitable-innovation is encouraged, the teams' spirits are high and almost anything seems possible. Conversely when there is no engine, business becomes about cutting costs, zero innovation and delivering the bare minimum. It's hard to build long success on those fundamentals, though not impossible. But there are faster and more exciting roads to explore.
4 Ways We Kill Innovation
Yet when we separate innovation from our core business, set it apart as a unique process or proposition - we position innovation as "outside" our core business. We make innovation the exception rather than the rule, treat it as a point in time exercise rather than an integral part of the way we operate on a daily basis. Only when we embrace innovation as a conscious and continuous part of our daily actions can we reap the will rewards of innovation.
Ideas and Innovation-The Engine and the Fuel of Entrepreneurship
Ideas and innovation are essential building blocks for a successful entrepreneurial or business start-up. Ideas are the engins and innovation the fuel. Capture seven ways you and your organization can encourage more and better ideas and innovation.

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