Four Questions for Entrepreneurs
If you are planning a new product or a new business then you will probably need to get some approvals. You might need to raise some finance. In either case you have to convince some sceptical decision makers. Here are four key questions that they will want you to answer:
- 24/10/2018
- 7
We Need an Innovation Principle Alongside the Precautionary Principle
The precautionary principle states that if an action or policy has a suspected risk of causing harm to the public, or to the environment, in the absence of scientific consensus that the action or policy is not harmful, the burden of proof that it is not harmful falls on those taking the action. The application of the precautionary principle has been made a statutory requirement in some areas of EU law.
- 16/10/2018
- 4
How to use Innovation Journey Mapping to speed up Innovation
The Customer Journey Map is a popular management tool. It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences. Let's borrow the tool and adapt it for our purposes.
- 16/10/2018
- 3
Why is UK Productivity Low and Falling?
According to the Office for National Statistics (ONS) UK productivity has fallen to levels it held in 2007. Productivity in the UK has consistently lagged well behind Germany and France and has now been overtaken by many other countries as this OECD chart shows. This is the key reason why wages, growth and competitive performance are all held back. Why is this and what can be done about it? Let’s start with some likely causes:
- 10/10/2018
- 7
Innovation Lessons from the Humble Fidget Spinner
The fidget spinner is a child’s toy which easily spins around a central bearing. Because it is a type of gyroscope it can be used to perform various tricks involving balancing, throwing and catching.
- 25/09/2018
- 6
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