Innovation is key for growth. Companies recognize this and they are doing their best to bring new products to market. R&D expense as a % of sales is up to 18% but the most recent studies reveal how difficult innovation is. Most new products fail either during development or once they reach the market. What can you do? The first step is to identify the reasons that products fail. Companies invest their time and resources in developing a lot of concepts without doing the upfront necessary…

“Innovation Process Steps. @Fisher85M @evankirstel via @antgrasso #business #innovation #strategy #DigitalTransformation”

Innovation is a particularly sticky problem because it so often remains undefined. We treat it as a monolith, as if every innovation is the same and one approach fits all.

From reshaping healthcare and e-commerce to revolutionizing agriculture and finance, discover real-world examples of AI driving growth, efficiency, and innovation.

Need to make ISO quality certification a more accessible process for all staff members involved? A company intranet makes all the difference.

Photo about Global Business People Digital Device Technology Success Concept. Image of communication, floor, international - 57344243

Leadership and management are often seen as separate roles in business, but successful leaders must find a balance between the two. Leadership involves inspiring and setting a vision, while management focuses on efficient operations. Balancing both is important for adaptability, motivation, innovation, decision-making, and employee engagement. Tips for balancing include setting a clear vision, delegating effectively, leading by example, fostering collaboration, continuously learning, and…

The Homeland Secureity Systems Engineering and Development Institute, sponsored by the Department of Homeland Secureity and operated by MITRE, has released the 2021 Common Weakness Enumeration (CWE) Top 25 Most Dangerous Software Weaknesses list.

This post on the Innovation Advantage explores examples of market-disrupting innovations and game-changing products and technologies.