One of the best ways to make sure that your innovation efforts are being successful is to measure the ROI - Return on Innovation
To be a true innovator, you need to be a technologist as well.
Tom Kuczmarski talks about the importance of connecting with startups who are developing innovations outside your organization
To be an innovator, you need curiosity, confidence, and creative problem solving
Whether trying to attract the attention of CEOs or investors, you may want to revisit the way you tell your story
Senior managers can actively help bolster a culture of innovation by championing innovation
Luke Tanen from Chicago Innovation discusses the importance of building a community - social capital - to ensure innovation success
Having a strong IP portfolio is one of the best ways to keep your competitive advantage
As an entrepreneur, you must be ready to pivot. Fall in love with the problem, not the solution
Luke Tanen discusses the need for different opinions and perspectives to fuel innovation
Entrepreneurs need to build relationships and establish a support system to succeed
Companies who seek to innovate need to be comfortable with taking calculated risks with disruptive solutions that address customer problems, issues, and needs
Don't wait for the annual performance review to provide feedback
For innovation, companies need to work hard to develop a widespread culture of innovation.
Organizations need to create an environment that welcomes inclusivity
An innovation culture requires a leadership team that exemplifies the behaviors that they want to see in the organization
Shifting an organizational culture can be difficult if we don’t listen to individuals to generate shared values.
To create a positive innovation culture, you must clarify, agree upon, and accept organizational values
Companies need to remember to celebrate innovation
Each year, the Chicago Innovation Awards receives over 500 nominees, providing insight into trends happening here in Chicago
We created the course, the Practical Innovator, to help teach innovation best practices
Companies that innovate fuel economic growth for the city
Chicago’s innovation ecosystem is paving the way for cities across the country; let’s explore Chicago’s list of number ones.
Chicago has become a global hub of innovation thanks to 6 key factors within the ecosystem
The Chicago Innovation Awards showcases companies and innovations that are the most creative, entrepreneurial, and innovative
Chicago currently boasts more corporate relocations than any other city in the United States
Our universities create real innovators that reinvest in the Chicago Innovation Ecosystem
Chicago Innovation's events help foster a community of entrepreneurs within Chicago that support one another through similar challenges
No single industry in Chicago employees more than 13% of the industry
Make innovation a critical part of your growth strategy
Innovation requires consistent strategic commitment.
You don't want your innovation success rate to be too high because that means you aren't taking enough risk.
The innovation strategy can allow a company to plan for a major portion of their financial returns to come from new products and services.
A diverse innovation portfolio is the secret to success through mitigated risk
Solve specific customer problems and needs
Build your own brand through expertise marketing
If your organization's growth has slowed, it may be because you are not taking enough risk
Build innovation as a core competency to fuel financial growth
New technology by itself isn't worth much
Innovation is not a eureka moment! It is a process that can be taught and learned
Leverage a systematic process for innovation
Organizations still need to do more to reward their employees' successes.
Celebrate and promote the incredibly successful Chicago women in business and innovation.
To keeping Millennials engaged at work, empower and praise.
Vocalizing appreciation for employees can help managers retain their best talent
It is time for a new form of leadership
Mentorship programs help develop personal and professional skills
Incorporate praise into your daily culture to engage and motivate your employees
We can always do more to recognize our employees
Praise is an often-overlooked component of people management
Innovation requires consistent senior level buy in towards innovation
Every industry has the capacity to be disrupted by new services, technologies and offerings, and food service is no exception.
Innovation is all about creating new value for customers
Reinvention can foster economic growth through innovation
To become a successful innovator, you must stay on top of the biggest trends in technology
The public sector plays an important role in inspiring innovation through connecting with private institutions
Innovation is a hands-on activity that requires experiential learning to master
Differentiate yourself from competition by innovating