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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. But what does a well-balanced innovation portfolio look like? The 70-20-10 ratio was always an average though. Well, that depends.

Project 284
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. And competition has its advantages. It is a classic example of survivorship bias.

Strategy 257
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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012). Whatever your business model, emerging technologies will be a key driver.

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The State of the Gig Economy

Rmukesh Gupta

It tried to answer a fundamental question – “Has all the technological and business model innovations that have led to the flourishing of the gig economy, actually created viable new options for making a living for those who participate in this economy.”. We identify 38 million payments directed through 128 different online platforms to 2.3

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Why Understanding 1 Retail Trend Is Worth 50% More Than All of WalMart

Adam Hartung

Same store sales were also up 1%, but analysts pointed out that was largely due to lower prices to hold competitors at bay. While investors cheered the news, at the higher valuation WalMart is still only worth what it was in June, 2012 (just under $70/share.) It was only $1.1B on $115B, about 1%, but it was UP!

Trends 39
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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

As increased consumer awareness transforms markets and government policy, and as technology creates so many unexpected shortcuts, I believe that this trend will only continue in the future. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

It employs technology, focused creative teams, new manufacturing processes, and communications to remove time and waste when creating post-sporting event apparel featuring the winners and exciting story lines. How can you develop a super-agile process that disrupts other industry players’ competitive advantages?