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Getting Board Buy-In for Your Innovation Project

IdeaScale

For innovation to thrive in a company, it must be prioritized at every level. Taking an innovation project from idea through execution is challenging, and there can be obstacles at several places along the journey. A 2015-2016 study by researchers at the Harvard Business School found that boards don’t prioritize innovation.

Project 185
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Sometimes, flat hierarchies can hurt innovation in Start-ups

Idea to Value

However, eventually as more employees join the company, the research shows that without management layers being added, employees become unable to organise themselves to actually deliver projects. Founders may even be able to all sit at a single table across from one another and collaborate this way.

Project 307
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These companies failed because leaders did not want to hear bad news: The Ostrich Effect

Idea to Value

This can be especially dangerous when the problem they are avoiding is that they are being disrupted , other companies are out-innovating them, an important project is off-target or performance KPIs are falling behind. The fear that froze the company came from two places. Volkswagen.

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If you want someone to make a decision, give them fewer choices

Idea to Value

While one meta-analysis of choice overload in 2010 found only limited evidence for choice overload, and a lot of positive aspects of additional choices, a more recent and larger 2015 meta-analysis did indeed find strong evidence for choice overload leading to fewer options resulting in more being chosen.

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Innovation 2015 or Five Lame Excuses?

Gregg Fraley

Here’s the thing, like the inept and psychologically damaged journalist Jimmy Olsen, even a dysfunctional company that heretofore hasn’t managed to get innovation going can start now. Now is the time to impact 2015. Projects are what change culture. But at the heart of it, it’s about ongoing projects.

LEAN 40
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The 2015 Breakthrough Innovation Report

Innovation in Practice

Nielson released its 2015 BREAKTHROUGH INNOVATION REPORT that features best practices from winning brands – with seven specific case studies from Pepsico, Kraft, MillerCoors, Kellogg’s, Nestle Purina, Atkins and L’Oreal Paris. The Nielsen Breakthrough Innovation Project has examined over 20,000 new product launches over the past four years.

Report 40
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Accelerating Clean Energy Innovation

Paul Hobcraft

This 2050 target is in line with the 2015 Paris Agreement, the foundations of global consensus to limit the rise in global temperature to 1.5c. The acceleration that is needed also requires a large increase in investment in demonstration projects. Most of these projects are concerned with the electrification of end?uses,

Report 345