Innovators Role at Hard Times

One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory said Carly Fiorina was a marketing person put in change of engineers who cared nothing about the art and beauty of technology. She just wanted saleable stock to bring to market. He exhorts that when she walked into the HP Labs for the first time, she said that their new company slogan was "Invent." Then, she told them that the technology industry would never again be as exciting and profitable as it was in the '90s. That they'd all need to grow up now and face that fact.

This was not the first time; a CEO had preferred cash to innovation. Carly's pitfall was taken care of, anyway. She has a point, though, while saying innovators need to have business sense. Especially when time is not that right for long-term R&D projects. Here is a list of five things innovators need to be sure that they are in place in order to make innovation worthwhile.

1. Innovation needs to reflect the company's macro and micro visions. Every company has one macro vision. Microsoft wants every computer's operating system to be running their software. Cisco says every network needs to be based on Internet Protocol and running over their products. It is not difficult to grasp that one sentence that defines why that company exists. Micro vision is a lot more difficult to get as it is a sophisticated message delivered to the market. Depending on innovator's access to the product marketing team, it may lead you to the right answer or to a dead end. No matter how organic and difficult the micro vision is; important move would be to look at the core values micro vision stands for. The question innovators need to answer is what are the trends that are unlikely to change over 5 years and build their dream over it.

2. Innovation is needed for competitive advantage, not for fun purposes. This is hard to get most times but innovation has a meaning for the company. Definitely that meaning is not fun or to show how geek of an R&D team the company has. The real meaning is; innovation puts company ahead of its competition. Innovator may not be excited with what s/he has at the end of the day because of the level of his/ her involvement with the project. However, as long as strategic value is delivered for the company, the job will be considered fully done. Innovation is to forge you ahead, not to excite its innovator where it will only be appealing to his/ her equivalents.

3. Innovation has two ends. Number 1 is innovating for the next-generation needs with an edge. Number 2 is making existing technology cheaper and/ or simpler. It is not so clever to follow sophistication over simplicity, because the winner is always the latter. Delivering sophisticated technology in a simple way is the greatest thing, an R&D team can deliver; if strategy is set as number 2. The truth is, Number 1 is enticing to an innovator but needs more time to deliver, while number 2 is boring but more effective for strategic purposes. Companies with R&D labs need to have a nice mixture of both to keep the excitement level at acceptable rates.

4. Every innovation has a time. The important thing is to flesh it out at the right time. If it is delivered early, it is called pupa. Company needs to hold onto the technology until it is the right time. 18 months early release is good enough for a pupa technology to be announced. If innovation delivered to the market is too late, it will be called a tardy so integration to the solutions without any big announcements is necessary. Innovators are supposed to read the time well.

5. Innovation's core source is evolving. For a long time, North America has been considered as the HQ of innovation. However, both Europe and Asia are striving to be more involved in the process. Understanding where the idea bulbs are is extremely important to an innovator.

Today's corporate world is asking innovators to make the connection between innovation and business on their mind. No matter how hard it is; they need to assume this new role to move their company to the next stage.

Burak Fenercioglu is a freelance writer. He is working for a computer network security company for over 4 years. His articles are about ideas, innovation, strategy and can be found at http://burakfenerci.blogspot.com

housekeepers near Buffalo Grove ..
In The News:

Analysts at Silent Push have uncovered a widespread scam that uses counterfeit retail websites to steal the credit card information of online shoppers.
Chrome users need to update their browsers immediately as Google addresses a critical vulnerability that hackers are actively exploiting. Additional security measures are recommended.
A study found teens glance at phones for dangerous two-second intervals while driving, using devices primarily for entertainment, texting and navigation despite crash risks.
Security researchers uncovered a flaw in Windows 11 that allows attackers to disable Secure Boot using Microsoft-signed tools, requiring manual updates to protect against bootkits.
Carnegie Mellon's noninvasive brain technology allows users to move robotic fingers by thinking about the motion, offering new possibilities for people with motor impairments.
Multi-factor authentication (MFA) adds an extra layer of protection to your accounts. Instead of relying only on a password, MFA requires you to verify your identity using two or more methods.
Scientists from Duke, Harvard, and the University of Otago have unveiled a game-changing tool called DunedinPACNI. It uses a single AI brain scan to reveal how fast a person is biologically aging.
A disturbing wave of fake agent phone scams is sweeping across the United States, catching people off guard and draining their savings.
Emojis aren't just playful add-ons; they're powerful tools for building stronger connections in our increasingly digital world.
Google has taken a major step toward the future of clean energy by partnering with Commonwealth Fusion Systems (CFS), an MIT spin-out working to build one of the world’s first commercial fusion reactors.
If you create and share art online, you might have seen messages warning that Facebook's parent company, Meta, claims the right to use or even sell anything you post, whether it's pictures, poems, or artwork.
Cybercriminals hit Qantas in a major data breach that exposed information from up to six million customers.
Having reliable, loud, and timely emergency alerts on your phone or device is important because when severe weather strikes, every second counts.
Here's how your daily brew is becoming the foundation for greener buildings.
Artificial intelligence (AI) and large language models (LLMs), such as ChatGPT, are transforming how we learn. But what does this mean for AI and learning retention?
Modern AI data centers use much more electricity than traditional cloud servers. In many cases, the existing power grid cannot keep up. One innovative solution is gaining traction: repurposed EV batteries for AI data centers.
Microsoft 365 and Outlook users are being targeted by a tactic that injects fake billing alerts directly into their calendars.
Researchers are now showing us that old smartphones as data centers could be the next big thing in sustainable tech.
Scientists have created micro-robots for sinus infection treatment that can enter the nasal cavity, eliminate bacteria directly at the source, and exit without harming surrounding tissue.
Let's examine how your data is collected in everyday life, who is buying and selling it, what happens to it afterward, and, most importantly, what you can do to protect yourself.
Researchers at the University of Sheffield in the U.K. developed small robots called "Pipebots" that can travel inside water pipes to find and potentially repair leaks, all without any excavation.
A groundbreaking new study has uncovered disturbing AI blackmail behavior that many people are unaware of yet.
Four teams of autonomous humanoid robots competed in China's first AI soccer tournament, demonstrating advanced capabilities in ball detection and independent decision-making.
The ID. Buzz autonomous van features self-driving technology with 13 cameras, nine LiDAR units and five radars after Volkswagen partnered with Hamburg and Uber for 2026 deployments.
Social Security phishing scams use urgency and impersonation to steal personal data. Learn how to spot fake SSA emails and implement 10 protective measures.

How To Get More Business During The Winter Months

Business seems to drop, slow or even stop during the... Read More

Building a Better Brick-and-Mortar with the Billion-Dollar Web

More than $117 billion passed hands from Internet shoppers to... Read More

Connecting Your Offline Business to Your Online Business

These may sound like no brainers, but you'd be surprised.... Read More

How Good Is a Business Plan To Your Business?

You know you need a business plan. You probably realize... Read More

Call in the SWOT Team: Produce More Opportunities to Expand Your Business

Have you ever done a SWOT analysis? No, it's not... Read More

SWOT Analysis

If you've ever listened to Warren Buffett talk about investing,... Read More

Business Disaster? Wont Happen to Me

As fast as you can say business disaster, your business... Read More

Why 9 in 10 Businesses are Overspending on Day-to-day Expenses

Experts estimate that 90 percent of Australian businesses are overspending... Read More

The Top 10 Priorities That Guard Your Five-Star Reputation

Making money doesn't make your reputation... your reputation makes you... Read More

SWOT Analysis Is No Magic 8 Ball

Q: A key investor in my business has suggested that... Read More

Writing Your Business Plan is Actually Storytelling

Storytelling and writing a business plan actually go hand in... Read More

How To Leverage Your Current Ideas And Products Into Multiple Revenue Streams

Diversify - to make diverse, give variety, to balance, to... Read More

Strategy Without Tactics is Futile

From time to time there seems to be a flurry... Read More

Documenting the Exit Strategy in Your Business Plan

All investors greatly desire and are motivated by a clear... Read More

Questions to Ask Yourself When Starting a New Home Business

I love the excitement of starting up a new home... Read More

Corporate Contingency Planning

Part 1A few weeks ago I attended a seminar sponsored... Read More

Planning For The Slow Season Of Your Business To Increase Sales

Every business experiences slower periods. For some, they sell more... Read More

Have You Identified the Enemy?

One of the most powerful driving forces in human nature... Read More

Pressure Washing Entrepreneurs Can Help With Government NPDES Permits

If you own a pressure washing business one of the... Read More

Fail to plan... or Plan to FAIL??

Running a business, whether it be an offline multi-billion dollar... Read More

10 Ways To Make Your Business Unique

1. Largest Selection -One way that you can make your... Read More

Top Reasons To Form A Strategic Business Alliance

A strategic alliance is when two or more businesses join... Read More

ERP Role in Selling Your Mid-size Business ? Microsoft Great Plains and CRM Example

If you own the mid-size business and actively work in... Read More

Describing Intellectual Property in Your Business Plan

Most companies that are worthy of raising venture capital have... Read More

Completing the Annual Planning Process

Imagine an office without a desk, or lights, a computer,... Read More

custom home cleaning Mundelein ..