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70:20:10 Rule of Innovation

ITONICS

One of the challenges that companies face is understanding how to manage their innovation resources. Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? Many organizations have adopted the 70:20:10 model to drive innovation.

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70:20:10 Rule of Innovation

ITONICS

One of the challenges that companies face is understanding how to manage their innovation resources. Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? Many organizations have adopted the 70:20:10 model to drive innovation.

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Staffing for growth and innovation

Jeffrey Phillips

I'm often asked how many people should be employed in innovation work in larger organizations. But the question about staffing for growth, new products and innovation is an important and interesting question. But the question about staffing for growth, new products and innovation is an important and interesting question.

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The core principles of Leading FOR Innovation

Cris Beswick

It’s no secret that in today’s dynamic business landscape, for some, innovation is still just a buzzword – but for others, it’s the lifeblood of their organisation and an antidote to remaining relevant. Undoubtedly, transformation in pursuit of innovation within established corporations is a significant challenge.

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Can creativity and innovation be managed?

hackerearth

Peter Drucker once said, “Above all, innovation is work rather than genius. Can innovation be managed like a business process? Does “managing” innovation limit creativity, thus stifling innovative ideas? There are times, places, and conditions under which innovation flourishes.”. It requires knowledge.

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Finding the balance between incremental and disruptive innovation

hackerearth

If there’s one thing people world over will agree on, it is this—no business will sustain if it can’t innovate. People are scrambling to design and manage the perfect innovation portfolio, but the discrete, uncoordinated initiatives are leaving them more confused than ever. What is the way forward? Source: Clayton Christensen.

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A Model for Dual Corporate Innovation Management

Tim Kastelle

As reiterated by Tim Kastelle in the previous post , it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both are equally important. This suggests following a dual approach for balanced corporate innovation management.