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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of industry standard answers comes from research by Deloitte Partners Bansi Nagji and Geoff Tuff, in their groundbreaking 2012 article in Harvard Business Review: Managing your innovation portfolio. Only about 30% of innovation budgeting has its own process. But what does a well-balanced innovation portfolio look like?

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Functional fixedness bias, and how to overcome it

Idea to Value

One of the primary biases affecting innovation teams is called functional fixedness. As described by Anthony McCaffrey in 2012 , the GPT asks a series of two questions to participants when they are being challenges with describing an object: “Can this be decomposed further?”. Does this description imply a use?”.

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KaiNexus Office Relocating to Antarctica, Summer 2021

Kainexus

While many are looking forward to life getting back to normal, the KaiNexus team is looking to go in a different direction. Jacobson first visited Antarctica back in 2012, where he fell in love with the solitude and expansive views.

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What is the ambition matrix and how does it work as part of an innovation portfolio?

Idea to Value

Here is the original image of the Ambition Matrix from the article: Original Image of the Ambition Matrix from HBR 2012. And often, it is the first time that a leadership team can see the actual ambitions of their portfolio of projects , and be able to compare this to what their strategy is hoping to achieve.

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The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

Good leadership isn’t merely about understanding an industry’s specifics; it’s about universal qualities and skills that can transcend sectors.” By 2012, Ford reported a $5.7 Whether you’re leading a team of software developers or healthcare professionals, understanding human emotions and motivations remains consistent.

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How much luck do you need to be creative?

Idea to Value

It is just about whether or not in specific moments, something happens (like a random event or a close choice being made) which benefits you, but could just as equally have benefited someone else as well. However, in the 200m butterfly in London 2012, Phelps was beaten by South Africa’s Chad Le Clos by just five one-hundredths of a second.

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Learning to be Innovative – Future Building’s Crucial Role in Driving Innovation Impact

Imaginatik

Think about Elon Musk declaring war on fossil fuels, Robin Chase evangelizing the sharing economy, or Steve Jobs building computers for our pockets. These skills are often overlooked or underutilized by innovation and R&D teams. But a time-consuming scenario planning process brought them no closer to salvation. Ecosystem Scanning.

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