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Upcoming eLearning Webinars:
Tour BMG's interactive eLearning content and see how others are using these programs to improve their training results.
May 9, 2007 - 9 a.m. MST
Upcoming eHandbook Webinars:
Sign up to get a complete tour of this powerful guide for planning and managing your Performance Excellence initiative.
Apr 18, 2007 - 9 a.m. MST
May 16, 2007 - 9 a.m. MST
Upcoming Wizard Webinars:
BMG hosts bi-weekly live demos of the Six Sigma Wizard, a powerful online resource center for students and practitioners.
May 2, 2007 - 9 a.m. MST
May 23, 2007 - 9 a.m. MST
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This month's edition of BMG's Fresh Perspectives, New Approaches focuses on innovation -- how to make predictable and results-oriented innovation a core competency in every organization.
Five Keys for Driving Growth through Innovation
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While growth is the number one priority for most CEOs, roughly 90 percent of companies fail in sustaining growth over the long term. Growth can be approached organically — by employing new and improved products and services to enhance revenue — or via Mergers and Acquisitions. Neither approach has a very impressive track record. |
For example, a research study published by Business Week in conjunction with Boston Consulting Group concluded that 61 percent of the M&As included in the study actually eroded shareholder value. And on the organic front, research has shown that approximately 75 percent of new products introduced by established companies fail.
Although it’s more difficult to quantify, many companies today are also struggling with the concept of innovation — what it means to them and how exactly it contributes to their growth. For those responsible for delivering results to shareholders, growth through innovation has generated a sense of risk and uncertainty.
At BMG, we believe that the primary reason for this is that many organizations do not understand the key variables that affect innovation, growth and the creation of new market space. Fortunately, enough experiential data is now available to draw viable conclusions about how to accelerate growth through innovation, as well as how to mitigate the risk associated with unstructured innovation. More...
The Case of the Self-Heating Container
You may have noticed or heard about a new product called a self-heating container, made by a company called OnTech and sold under Wolfgang Puck and other brands.
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TRIZ gave the OnTech inventors a small handful of paths to travel, rather than an infinite number of possible paths. This case study highlights only one of more than 400 technical problems that were solved with TRIZ to make the container a market success. More...
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Improving Teamwork with KAI
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Can you answer this riddle?
What human trait is genetically determined—
is readily apparent in young children—
can be reliably measured in teenagers—
and does not change with age or experience? |
If you answered “problem-solving style,” give yourself a gold star! Believe it or not, all of us have an innate cognitive style that we use to solve problems and make decisions. And, according to one theory, our cognitive styles vary across a normally distributed continuum ranging from high adaption to high innovation. More...
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Basic TRIZ
(Denver) Apr 24-27
Basic TRIZ
(Denver) Sept 25-28
For more information about
BMG's onsite innovation
offerings, including the new
Innovation Expert course,
please call 1-800-467-4462.
More Info
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This month's question: "What is a Chief Innovation Officer?"
