Category: Innovation

Jeffrey Baumgartner
Innovation, Podcast

PBTO10: Creativity, Innovation & Anti-Conventional Thinking

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Who is Jeffrey? In this episode, we host Jeffrey Baumgartner. He is an entrepreneur, artist, teacher, author and an innovation consultant and not  your typical Innovation consultant. He is the author of the book, “The Way of the Innovation Master” & “The Insane Journey” He is also the creator of a new & effective creative thinking methodology called “Anti-Conventional Thinking” as an alternative to traditional brainstorming methods. He also runs the Report 103, which is one of the longest running eJournal or blog on creativity and innovation in business. Why is he on the show He is not your typical […]

Innovation, Podcast

PBTO9: Myths of Creativity – In Conversation with David Burkus

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Who is David Burkus David is the author The Myths of Creativity: The Truth About How Innovative Companies Generate Great Ideas. He is a regular contributor to Harvard Business Review, Forbes, PsychologyToday and 99U. He is also the founder and host of LDRLB (pronounced “leader lab”), a podcast that shares insights on leadership, innovation, and strategy. Why is he on the show? He is an awesome person with lots of insights on how to be creative as an individual and innovate as a team. What are we talking about? In this episode, we talk about some of the most common myths of creativity and how these myths systematically affect […]

If I were the CEO of FedEx
Innovation

If I were the CEO of FedEx..

One of the most important and most talked about topics in the recent times in business circles has been “Disruptive Innovation”. Thanks to the book written by Clay Christensen – “The Innovators Dilemma” and his ability to explain the phenomenon in a few industries, the concept of disruption and disruptive innovation has become a common lexicon in the business circles. One of the industries that is on the verge of being disrupted is the logistics industry. The entire logistics industry is based on the assumptions that production and consumption happen at different locations and hence there is a need for […]

Innovation

A Good Example of Innovation in Retail Banking – Alpha Bank

It is very well known that one the best ways to come up with new innovations is to mix and match existing interesting ideas to come up with something unique. If there was an industry that needed to come up with innovative solutions, it was the Retail banking industry.  I cant even remember when was the last time that this industry actually came up with an innovative offering from the start of the internet banking era. Now, Alpha bank in Russia has come up with a novel concept of a Fitness Account. This idea already combines two existing needs of […]

Innovation

The Role of Reflection in Innovation

  One of the most common mis-conception about innovation is that not everyone can innovate and innovation doesn’t happen in regular day-to-day work. Every time we do something that is not part of a regular process, either to expedite something or for any other reason, there lies an opportunity to innovate. Lets take an example of the manufacturing industry. If you are in a manufacturing industry, you would relate to the constant need to expedite orders. What you need to do is to step back and reflect upon what you did. You need to reflect on the following questions: What […]