Aug 1, 2025 · Innovation is often the gold standard for firms looking to grow profits and become leaders in their industries. But given the steep cost of failure, is a relentless pursuit of innovation always ...

Sep 5, 2024 · Innovation doesn’t just come from serendipity. Leaders who nurture great ideas rely on concrete mechanisms to ensure that they see the right ideas, give them breathing room to develop, …

In business, innovation rarely springs from a flash of inspiration. It arises from a cold-eyed analysis of seven kinds of opportunities.

Companies typically treat their innovation projects as a portfolio, aiming for a mix of projects that collectively meet their strategic objectives. The problem, say the authors, is that portfolio ...

Jun 21, 2017 · Innovation is, at its core, about solving problems — and there are as many ways to innovate as there are different types of problems to solve. Just like we wouldn’t rely on a single …

May 13, 2025 · Serendipity has led to many scientific breakthroughs. For instance, Alexander Fleming discovered penicillin while doing research on influenza. But unlike scientists, business leaders and …

Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to ...

The problem with innovation improvement efforts is rooted in the lack of an innovation strategy. A version of this article appeared in the June 2015 issue of Harvard Business Review.

Traditional innovation approaches—breakthrough and design thinking—often ignore the complex ripple effects they produce in interconnected systems. In a world facing multifaceted challenges ...

Jul 14, 2025 · New research reveals a likely culprit of stalled innovation efforts: Teams are blending incompatible learning activities at the wrong times. The highest-performing teams don’t try to do ...