article thumbnail

Monitor Your Innovation Capability in these Three Areas

Destination Innovation

Secondly, check the efficiency of your innovation evaluation process by monitoring how many ideas make it through the initial selection and into the next stage as projects. Thirdly, check how many projects become prototypes and how many prototypes become new products. How many people are engaged in innovation activities?

article thumbnail

Creative Construction – Book review

The Inovo Group

Well-respected Harvard Business School professor and HBR contributor Gary Pisano has weighed in on the topic of large company innovation in his new book ‘Creative Construction’. He makes a compelling case that being ‘large’ doesn’t have to mean being non-innovative, or growing only through the acquisition of innovative start-ups.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Is Organizational Structure The Secret to Innovation?

Leapfrogging

To Bahcall, the goal is to create a structure where you get people motivated and incented to go for “loonshots,” crazy ideas that ultimately turn into big innovations. Bahcall’s book argues that the first step is to balance innovation with execution.

article thumbnail

The trough of innovation disillusionment

Paul Hobcraft

Over time our organizations are finding increasing reasons to put off the more radical innovation that is needed. Incremental innovation is safe and contains all the risks within acceptable levels, so it allows the organization to keep its fixation on the short-term as its only line of site (and executive pay-off).

article thumbnail

Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

Understanding Discontinuous Innovation The term itself gained prominence through the work of scholars such as Clayton Christensen, who introduced the concept in his book “The Innovator’s Dilemma: When New Technologies Cause Great Firms to Fail” published in 1997.

article thumbnail

How Behavioral Economics is Killing Innovation

Innovation Excellence

When my daughter Maya was in middle school, she decided to repeat a behavioral economics experiment featured in Dan Ariely’s book Predictably Irrational for her science project. In her experiment, she offered participants from the control group two options. Facebook access, she suggested, was going to cost money.

Groups 81
article thumbnail

Managing Change Despite Uncertainty

Innovation 360 Group

The second recognizes all of the organization’s internal forces, including preparing and motivating stakeholders to handle the reality of radical innovation. The third is concerned with micro-level of developing stronger innovation skills within project teams. Introduction to UPACS.

Change 51