Speaker Name(s): Tom Koulopolous, Founder and CEO, Delphi Group Description: Although innovation is clearly not a new topic, it is one that now occupies nearly every professional’s agenda for growth and success. The forces of globalization, unrelenting pressures to cut costs and deliver “more for less,” the acceleration of markets and social networking due to the internet, a growing global consumer marketplace, and the mobility of capital have all fueled an new climate for innovation that extends far beyond the innovation of products to the innovation of business. While many of the mainstay ideas around innovation, such as creativity and brainstorming, have been around for some time, few of us have been trained in the art or the science of innovation and fewer still understand how apply these ideas to a new set of rules for business innovation in marketing, processes, and partnership.
Product innovation may be what most people think of when they think about innovation. However, the ability to create new products does little to make those products affordable, to better service them, to deliver quality and to compete against global players who can replicate most any invention at a fraction of the price.