December 27, 2017
Open innovation (61%), Design thinking (59%), and Co-creating value with customers, partners, and suppliers (55%) are the top three innovation methodologies adopted by organizations surveyed in PwC’s 2017 Innovation Benchmark. Source: Harvard Business Review Companies today are moving beyond traditional R&D activities to reach a wider ecosystem for insights, ideas, technology, and talent. Eddie Copeland, […]
December 27, 2017
Slash Hack is a hackathon conducted by HackerEarth, where developers from across the globe came together to celebrate the spirit of programming and built novel tangible solutions. This year, over 1328 hackers participated in the online event and created some amazing hacks. The hackathon provided a platform for participants to meet like-minded people, network, and […]
December 27, 2017
There’s a common belief in every industry that innovation is limited to the realm of research and development or technological advances. Companies often go to any lengths to develop their R&D department to foster innovation to stay successful in their industry. However, what drives the prized attribute of innovation in almost every company is not […]
December 26, 2017
To invent, you need a good imagination and a pile of junk.                                                                       –Thomas A. Edison Does your ideation session with […]
December 26, 2017
Today, more companies around the world are welcoming a new addition to the C-suite—the chief innovation officer (CINO)—who is tasked with championing and guiding organization-wide innovation efforts. Although the term “chief innovation officer” was coined in 1998 by Miller and Morris in their book, Fourth Generation R&D: Managing Knowledge, Technology, and Innovation, it has gained […]
December 26, 2017
“The future of innovation is recognizing resource constraints as enabling, rather than inhibiting innovation,” says professor Martin Hoegl, Whu-Otto Beisheim School of Management. Although top CEOs around the world recognize the importance of innovation in staying ahead of the competition, they are not sure about getting sufficient returns on their investment in innovation. In a […]
December 26, 2017
There is a long history for both hiring managers and recruiters rejecting “job-hoppers”. Not only in the past but even today a big proportion of employers (43%) support that they would not consider a job-hopper for their open positions. For all those who are not familiar with the term, job-hopping is used to describe employees […]
December 22, 2017
In the second part of our post on how big companies, aside from obvious OI success stories such as Google and Facebook, are successfully employing open innovation principles to get ahead, let’s have a look at a few more inspiring stories. Samsung Although the South Korean company may have been in the news for somewhat […]
December 22, 2017
What does the ideal workplace look like? You spend eight hours a day you at your desk in the office. That's a big part of your day, right?  Since not all offices are "well-designed", the question is "What does the ideal workplace look like?" When we say workplace, we don’t mean just the design of […]
December 20, 2017
The exam hall is shrouded in silence, barring the abrasive scraping of pen on paper. A mere glance at the person sitting across you earns a pointy stare from the invigilator/proctor. With hawk-like eyes (most are believed to have those all-seeing-eyes at the back of their heads as well) she keeps everyone under her purview, […]