Business innovation in startups and small businesses is often high risk and cost intensive. In many countries, governments put in policies to support technology innovation. If you are actively carrying out business innovation projects you need to invest some time…
Engaging an audience and looking for support for your business idea is easy, but gaining funding or a green light to take your idea forward is the challenge in which so many fail to achieve. Good slides, nice numbers, and…
Business innovation managers and startup entrepreneurs beware, the following 26 pieces of jargon are here with us to stay. Enjoy. My first experience of business jargon was back in the early 1990s, where I was asked to run an idea…
Xcell Partners were honoured to be asked to get together six startup companies from County Tyrone to meet with the Prince of Wales and the Duchess of Cornwall at a private reception in the village of Gortin. Diane Roberts greeted…
Over the past few years there has been a shift in the way mainstream companies regard innovation. Innovation within regular companies are endless meetings, financial approval, various different stakeholders - all of course slows down innovation. When these companies look…
Finding a product/market fit is the most important task a new business idea has. Forget branding, marketing, selling, getting press coverage - that means you are simply spending money and time you cant afford to. A central part of our…
Ideas are things that come and go too often. Without a framework to capture and develop ideas in your business you are possibly losing out on potential new products or new ways of operating. The really great ideas usually spring…
Ideation is the creative process of generating, developing, and communicating new ideas, where an idea is understood as a basic element of thought that can be either visual, concrete, or abstract. Ideation comprises all stages of a thought cycle, from…
We are all hearing about the fourth Industrial Revolution, but what exactly is it? If you are a startup or managing business innovation should we care? It's definitely a topic that has been talked about over the past few years but…
Pitching your business to a room of possible investors is daunting. If you are number 5 on a running list of 8 pitches at a pitch session read on - you have to stand out. A room of potential supporters…