It seems there are innumerable ways individuals and organizations attempt to foster innovation and entrepreneurship. At a macro level, government seeks to create jobs. Academic efforts target the recruitment and retention of top students, offer talented faculty an opportunity to pursue efforts outside traditional education or research efforts, or pursue creative alternate funding mechanisms for […]
Find Value in the Forest, Not the Trees
Developing and delivering successful products and services is a monumental task requiring precise planning and execution plus an element of good fortune. Product managers and designers often focus on packing the new product full of the latest, best, and most desirable features only to have the product fall short of expectations in the marketplace. Market […]
Delivering Value: The Innovation Guidepost
As innovation emerges as a new organizational priority and the field is being developed, what guidepost messages should we leave today to inspire those working in the future to develop better tools, methods and programs? Some 30 years ago, W. Edwards Deming wrote “Out of the Crisis” which established many of the basic principles for […]
Innovate or Die: Why Beauty Truly Is in the Eye of the Beholder
Over the last few weeks, the articles on IOI Partners have focused on examining the ways and methods that organizations become more innovative. While the IOI Partners team has extensive and impressive backgrounds in the life sciences and diagnostics industries with expertise in chemistry, biology and engineering innovation, they also have an excellent sense of […]
The Scientific Method: What Goes Around Comes Around
A sustainably innovative organization constantly learns and is comfortable with uncertainty. This type of organization seeks to remove uncertainty through experimentation that is designed to improve knowledge through two key actions: comparison of hypothesis with results and analysis of any differences between them. Formulating a meaningful hypothesis on any unknown, from customer and market expectations […]
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