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Innovation Insights

August 5, 2021
HSBC's Young Innovator's Sprint - GradHack
GradHack was a complementary pairing to HSBC's annual summer onboarding/training program. New hires across six countries collaborated across borders to build tangible solutions for customers living with disabilities.
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The Simple Power of Whiteboarding (and Our Favourite Digital Whiteboarding Tools!)
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How Might We (HMW) statements are a powerful tool to translate problems, ideas, and insights into actionable innovation opportunities. Read on to learn how to construct a great HMW statement to guide us in solving the right problem and that our solution would be creating value for the end user!Innovation Learning
How Might We: Write Great HMW Statements
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Working and travelling is an action-packed and rewarding adventure... But did you know that there’s so much more prep involved besides finding good wifi and the best Pastel de Nata spots? In this Innovation Insights article, we'll explore 5 THINGS that I wish I knew before my first work and travel experience in Europe.
5 Things I Wish I had Known Before My First Work and Travel Experience in Europe
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Culture
At onova, we pride ourselves on our winning culture, creating an environment that is truly enjoyable and rewarding to work in. Read on to learn about the principles that guide our culture-building strategy.About Us
Company Culture Playbook
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Culture
This blog post covers blockchain technology and its relationship with financial services. The convergence of these two industries has created a new market segment known as decentralized finance (DeFi).
The Weakest Link in the (Block)chain: How Billions are Stolen from the World’s Most Transparent Financial System
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Tech Insights
Mission control, we have an upcoming innovation sprint, request event branding support! At Onova, we had the pleasure of driving event branding operations for BMO's Destination Digital alongside the BMO team. Read on to learn more about the step-by-step process and key takeaways from our journey. Mission: Branding BMO Destination Digital, ready for launch!
Mission: Branding BMO Destination Digital
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Projects
With low barriers to entry, the beauty product industry is growing at an unprecedented rate. Alongside growth that has empowered consumers and business owners to create new products comes an environmental cost of mass production that often goes unnoticed. We interviewed Laura Burget, Co-Founder of Three Ships Beauty, and Dion Hughes, Co-Founder of HiBAR, to discuss sustainability in the beauty industry.eCommerce
Can The Beauty Industry Address Its Big Sustainability Problem?
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Ecommerce
Case Study
DTC
Corporate Innovation
The beauty industry is valued at just over $511 billion in 2021 and is expected to exceed $716 billion by 2025. Throughout COVID-19, a period of time where many retailers have been struggling, launching a beauty brand has become one of the most popular and profitable business opportunities.eCommerce
The Top 6 Beauty Industry Trends That Shaped This Decade
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Retail
Ecommerce
Startup
Corporate Innovation
Startups hold a wealth of power that can be tapped into. There are numerous ways for large corporations to create productive and synergetic relationships, one of which being open innovation models.
From Competitors to Collaborators
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Creativity and Innovation are both vital areas for the success of any business. These two golden words are often tossed around during brainstorming sessions, demonstrating a strong relation between them; however, they are ultimately different. Innovation cannot exist without creativity, but creativity alone cannot drive change and growth. When you are able to utilize carefully crafted exercises, such as design sprint methodology, you can train to enhance your creativity in order to innovate and achieve your corporate innovation goals.Innovation Learning
You don’t need to be Creative to Innovate
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Innovation Sprint
Announced by Google at their most recent 2021 I/O event, they define MUM as a new milestone for understanding information – and it’s going to really change the game. While it’s still in its early stages, Google’s new Multitask Unified Model has the potential to revolutionize the way we use search engines and how companies create and perform SEO strategies. Its goal is to provide a more satisfying answer, more quickly and more accurately - almost as if you have an expert right at your fingertips.Innovation Learning
MUM Knows Best – The Multitask Unified Model
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Tech Insights
In today’s world, more and more people are striving to be online personalities and build a brand for themselves. This undoubtedly leads to a higher demand for content creation tools or better yet, content creation ecosystems. Innovation Learning
The Opportunity for Creator Ecosystems
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Tech Insights
There are now 2 million active podcast shows – a huge jump from only 500 000 back in February 2018. Without a doubt, the world of audio is on the rise as this trend seems likely to continue thriving in the coming years.Innovation Learning
The Rise of Podcasts
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Tech Insights
With innovation and originality at its core, Warby Parker took ‘understanding the market’ to a whole new level. It all started when 4 college students asked themselves, “why is eyewear so damn expensive?”.Innovation Learning
How Warby Parker Built a $3B Empire in Less Than a Decade
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DTC
Ecommerce
Although Chief Diversity Officers (CDOs) are in high demand, the high turnover rate among top diversity executives is a concern. As we reflect on the past year since George Floyd’s death, we can witness the surge in hiring diversity executives as the tragic event heightened the issue of Diversity, Equity and Inclusion (DEI) to the top of the agenda for many C-Suites.Innovation Learning
The Alarming CDO Turnover Rates
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Diversity (DEI)
Learn how digital start-ups are innovating faster than ever: Helen Yin launched a rapidly growing bath business in under three weeks.eCommerce
Inoki Bathhouse: A Case Study For Lean Growth and Innovation
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Corporate Innovation
Startup
DTC
Lean
Ecommerce
Onova was invited back by The Forum of Workplace Inclusion to lead an innovation sprint focused on “workplace revolution”. Product solutions from DEI leaders were so impressive that the Google Judge, Bryce Collins, expressed strong interest in providing introductions to Google Ventures.Innovation Sprint
Four Innovative DEI Solutions that will Revolutionize the Workplace
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Case Study
Innovation Sprint
Diversity (DEI)
In June of 2020, I started what would be a six-month consulting internship with Onova. When I first received the role, I was just happy and relieved to have an opportunity to work during a summer where countless internships were cancelled by COVID-19. Little did I know, it would be a summer that I would truly come to cherish for the lessons I learned, the people I met, and the experiences I gained.Internships
3 Takeaways From My 6-Month Internship at Onova
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Meet Our Team
Internships
During these difficult COVID-19 impacted times, many startups have shown extraordinary resiliency and adaptability to survive. Read on for the amazing stories of Freshline and SnapTravel and how they rebuilt themselves during the global pandemic.Innovation Learning
How Two Startups Rebuilt Themselves During COVID-19
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Case Study
Startup
Social entrepreneurship is a dark horse in economic development. Read about the powerful impact social entrepreneurship can have in developing countries and a case study of how social entrepreneurship transformed Morocco's Argan Oil industry.
The Economic Impact of Social Entrepreneurship
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The global pandemic caused mass disruption in the automotive industry, from its supply chains and workplaces, to liquidy and consumer behaviour. Which future scenarios can automakers expect in a post-COVID world? How can they leverage these trends and the changing market to future-proof their companies?Innovation Learning
Future-Proofing the Automotive Industry in a Post-COVID-19 World
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Corporate Innovation
Traditional innovation is out and open innovation is in. Traditional or "closed" methods of innovation no longer cut it in our rapidly changing world. Learn how some of the world's most successful companies are tackling this challenge. Innovation Learning
Four Examples of Corporate Open Innovation: How Lego, NASA, Samsung, and General Electric Reached New Heights
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Corporate Innovation
In the face of the most disruptive event of the 21st century, what lessons can we learn from history about overcoming crisis? What will determine which businesses will be able to come out on top after COVID-19 and which will shutter their doors forever? Read on for our takeaways and favourite crisis success stories from history.Innovation Learning
Innovation in Times of Crises: How Society and Businesses Can Look to History for a Blueprint of Success
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Corporate Innovation
How do I create a million-dollar business from just an idea? What is the best way to discover and validate new trends? Sam Parr and Gagan Biyani answer these questions and more in their two-week Ideation Bootcamp. Read our top six takeaways from the Bootcamp.Innovation Learning
6 Takeaways from the Ideation Bootcamp by The Hustle and Udemy Founders
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Corporate Innovation
Startup
McDonald's ran its second annual global challenge, where 75 teams located in 7 different countries worked for 24 hours to develop innovative solutions across three different categories: Restaurants, Corporate Innovation, and Corporate Social Responsibility.Innovation Sprint
McDonald's 24 Hour Global Hackathon
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Innovation Sprint
During the COVID-19 lockdown, we realized just how critical social interactions were for ongoing mental, emotional, and physical health. After running a poll with a test group, we decided to pilot an experimental project.Innovation Sprint
Taking an Idea from Zero to One
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Case Study
New Initiatives
The Onova team led a 3-day invention sprint at the Forum on Workplace Inclusion conference where 1500+ Diversity, Equity, and Inclusion (DEI) leaders gathered to learn, discuss, and innovate.Innovation Sprint
Innovating for Diversity, Equity, and Inclusion in Less than 3 Days
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Case Study
Innovation Sprint
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