John Bessant has been at the forefront of helping educate us all on innovation for decades. Needless to say, it is a great honor to have John join Colin Nelson, the new co-host of The Innovation Room podcast, for this conversation. John has dedicated over 40 years to research and consultancy in technology and innovation management. John has advised various national governments and international organizations, including the United Nations, The World Bank, and the OECD. He is also known for his extensive contributions to the literature on innovation, having authored numerous books on the subjec ..read more

You can love it or hate it, be passionate about it, or be completely exhausted byit, but the topic of sustainability will not leave the spotlight until we've completely overhauled our work, mindset, and habits.  Understanding the need to educate and inspire, we’ve dedicated this episode of the Innovation Room podcast to the topic of sustainability with a focus on the circular approach. Time and time again, innovation emerges as a cornerstone for reshaping our approach towards consumption and production, so it is not a far-removed topic for us to cover ..read more

Research reveals that 90% of executives recognize the critical importance of agility for their company's future success, with 96% emphasizing the need to increase agility in the future. What’s more, agile companies grow revenue 37% faster and generate 30% higher profits than their non-agile counterparts.   Incumbents are shaken by the highly dynamic environment they operate in, and they are too slow to respond to disruptive changes. 52% of companies in the Fortune 500 have either gone bankrupt, were acquired, or ceased to exist. An AEIU survey, 27% of respondents cited their organization ..read more

In recent years, the topic of AI has been tirelessly running across many minds. So, it only makes sense that we kick off the newest season of the Innovation Room podcast with a dive into the world of AI.    For this conversation, we sat down to talk to Paavo Ritala. Paavo is a professor of Strategy & Innovation at the Business School of LUT University in Finland. He is also Co-Editor-in-Chief of the R&D Management journal. He is known for his widely available research on networks and ecosystems, sustainable and circular economy, and most recently, from his studies on di ..read more

Unless you’ve been living under a rock, you’ve probably heard a thing or two about AI in the last year. The launch of ChatGPT has supercharged the hype around AI, and now we’re seeing dramatic progress at a pace unlike anything that’s come before. For those of us into innovation, it’s an exciting time. Much has been said about the topic at large so I won’t go over the details here. We’re very excited about what AI can do for innovation management and we’ve already spent some years looking into AI’s role in the future of innovation management. Viima is an integral part of HYPE and together we ..read more

In the dynamic landscape of startups, a staggering 90% face the risk of failure, whether within the first year or succumbing to mounting challenges by the end of the fifth. These statistics echoed in articles spanning the last decade, underscore the unpredictable and volatile nature of the startup journey. Faced with such uncertainty, adopting a cost-effective, waste-free approach becomes not just a choice but a vital necessity. One such approach that I will be diving into in this article is the Lean Startup method. The traditional way of starting a new business involves a lot of planning, re ..read more

In the dynamic landscape of startups, a staggering 90% face the risk of failure, whether within the first year or succumbing to mounting challenges by the end of the fifth. These statistics echoed in articles spanning the last decade, underscore the unpredictable and volatile nature of the startup journey. Faced with such uncertainty, adopting a cost-effective, waste-free approach becomes not just a choice but a vital necessity. One such approach that I will be diving into in this article is the Lean Startup method. The traditional way of starting a new business involves a lot of planning, re ..read more

The COVID-19 pandemic forced and accelerated digital transformation and the adoption of automation as businesses sought ways to operate remotely, ensure continuity, and adapt to new challenges. Rapid advancements in technology, especially in AI, robotics, and data analytics, have made automation more accessible and powerful, enabling its integration across various industries. AI is put at the forefront of automation, but even though it plays a crucial role in automated systems, automation includes a broader spectrum of technologies and methodologies that go beyond AI.  Clearly, the new e ..read more

We've returned with yet another Innovation Room Podcast episode. In this conversation, I was joined by Immanuel Nama to chat about corporate partnering, what it is, and how to do it right. Immanuel is an Innovation consultant at HYPE Innovation where he focuses on startups and partnering, and he is responsible for the scouting side of the process. With a keen eye for emerging trends, he has had the privilege of spearheading HYPE’s efforts to identify and collaborate with some of the most promising startups in the industry in joint projects together with corporations. Until today, HYPE has suc ..read more

Are you one of the 84% of leaders who prioritizes innovation, yet you find that your organization's performance lacking in this area? It's a familiar conundrum: How do we consistently create lasting impact, generate value, and achieve successful innovation? The quest for an innovation recipe has been gaining momentum, but is it truly possible to standardize innovation? The innovation standards that ISO (International Organization for Standardization) started to introduce in 2019 are promising just that. Are the new ISO standards for innovation truly valuable? And if so, does it make sense to ..read more