A blog about creating and running successful innovation processes

Sharing economy as innovation

Approximate reading time: 15-20 min (including videos). In this blog post we will explain how sharing economy can be regarded as an innovation and how it can affect your organization. Sharing economy involves various arrangements for renting, sharing or borrowing things instead of owning them….

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Management control systems design in new product development

Approximate reading time: 3-5 min. What are the affects of management control systems design in product development? How do companies customize their management control systems according to the specific characteristics of each product development project? A study attempted to clarify this issue. The study investigated…

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Control systems under different innovation management modes

Estimated reading time: 4-6 minutes. One study focused on the relationships between management accounting and control systems (MACS) under different innovation management modes. The study focused the importance of the choice by which individual MACS are selected for interactive (as opposed to diagnostic) use.   Empirical data…

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To outsource innovation

Approximate reading time: 4-8 minutes. Outsourcing innovation can be a strategy to become innovative. We show why you should invest in creating your innovation capability.   Outsourcing innovation? Why not outsource innovation to competitors and then buy them? Suppose your company has highly appreciated products on…

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To create an innovation culture

Approximate reading time: 3-5 min. Do unilateral conversations destroy your efforts to create an innovation culture? You are trying to listen to your employees. You use a idea box, hold brainstorming sessions, and make managers available to listen to employee opinions. But what happens then?…

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