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Business Strategies for the Muslim World
   
 
May/June 2008: Jumada-I/Jumada-II 1429: Issue 26 
 

Home / Innovation /

Stone Yamashita Partners' Innovation Lab: Photo Journal
Innovation consultant to Ebay, GAP, and Apple gives
advice to the Muslim World corporate sector

Posted, January 30th, 2006

 


Download Referenced Materials from Stone Yamashita Partners' Website

Setting up a seperate process

"Next, we work with clients to establish a process for generating innovation. We have an 8 step process."

"The important thing is it has to be part of an ongoing process and be treated separately. Because in your ongoing business you are constantly looking to ensure that costs are optimized vs risk and reward. When its innovation, you have to suspend a lot of that optimization."

"It comes much later in the process…so you kind of need a very identifiable separate process for developing something that intends to break the status quo. Your normal biz operation are all about feeding the status quo specially if it’s beneficial to you."

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