mjvinnovation

NOVEMBER 12, 2020

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

Company 40

Company Innovation Radical Innovation Competition 40

Qmarkets

MARCH 27, 2024

Every successful company has one thing in common: a deep-seated commitment to innovation. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

Destination Innovation

OCTOBER 14, 2018

It is a visual representation of customer interactions with a company and a tool to investigate, analyse and thus improve customer experiences. The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception through to final implementation.

Innovation 194

Innovation Tools Project Management 194

Destination Innovation

OCTOBER 22, 2017

Innovation should be a regular topic item on the agenda of company board meetings. If you have not had a fundamental conversation about innovation with your key corporate stakeholders and senior executives then these are some of the questions and topics to discuss at the first such meeting. How good are we at innovation today?

Meeting 207

Meeting Innovation Conference Tips 207

eZassi

OCTOBER 17, 2023

The organization’s collective intelligence is multiplied, leading to more innovative outcomes and solutions to your biggest challenges. How does a company encourage an intrapreneurial spirit in employees? Embrace failure and learning: Understand that not all ideas will succeed, and failure is a part of the innovation process.

Software Review 52

Software Review Technical Review Innovation Management Software 52

IdeaScale

FEBRUARY 19, 2020

Crowdsourcing is a great way to assemble data for product innovation. It gathers relevant data through educated opinions that can be used to formulate ideas that guide product development. What Is Sustainable Innovation? Want to kick start your innovation process in 2020?

Brainstorming 173

Brainstorming Crowdsourcing Conference Product Development 173

Jeffrey Phillips

MARCH 15, 2016

The guy who stole a march on Ford, and really defined the automobile company structure that we have today was William Durant. Durant foresaw that people would want a range of products and options. He created what became General Motors by offering people more choice of options, more flexibility and product families.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Product Innovation 100

Qmarkets

APRIL 14, 2022

How much time should you spend improving your existing processes as opposed to innovating new ones? There are two types of companies: those who innovate and those who improve. Regardless of size or scale though, many businesses struggle to decide whether they should invest their resources in innovation or improvement.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Technical Review Innovation 52

Jeffrey Phillips

FEBRUARY 5, 2018

What's this diatribe got to do with innovation? Going through the elaborate motions As a blogger and consultant I make a living talking about the importance of innovation process, that innovation is a repeatable business process that any company can learn and master.

Marketing 113

Marketing Innovation Processes Tools Trends 113

Planview

JULY 15, 2022

The bulk of the webinar is based on a recent research paper— Accelerating innovation: some lessons from the pandemic —published by Dr. Robert Cooper in the Journal of Product Innovation Management. Cooper makes the case that “firms can respond quickly and pivot with innovations.”

Product Development 52

Product Development Agile LEAN Survey 52

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 75

Design Thinking Disruption Innovation Innovation Processes 75

Paul Hobcraft

JANUARY 9, 2019

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. These have come in different thoughts on digital platforms, ready for cross-industry and having in place, a rapid digital innovation process that scales and evolves on new technology and insights.

Software Review 186

Software Review Software Innovation Collaboration 186

Jeffrey Phillips

AUGUST 2, 2019

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation. As we've discussed, here and elsewhere, ad nauseam, there is increasing demand for new products and services, making stretching the capacity of tenuous innovation processes and teams.

Data 142

Data Innovation Product Development Examples 142

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 65

Design Thinking Disruption Innovation Innovation Processes 65

Qmarkets

JANUARY 17, 2023

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

Industry 98

Industry Trends Innovation Technology 98

Jeffrey Phillips

AUGUST 11, 2021

This also allowed organizations to grow, and created the need to create new forms of innovation - process innovation and organizational innovation. What happened next were building large, continent spanning organizations (railroads) and production systems (mass production).

Underperforming Technical Team 144

Underperforming Technical Team Innovation Tools Creativity 144

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Qmarkets

OCTOBER 21, 2021

Innovation — a necessary component of any successful business in the modern world. Without it, our companies would fail to grow and evolve with the ever-changing markets that we are serving. While innovation is pertinent, it is often misunderstood and as a result, many companies fail to reap the benefits of it at its best.

Strategy 98

Strategy Strategy Idea Generation Comparison 98

Jeffrey Phillips

JUNE 16, 2021

I am talking about Horizon 2 and Horizon 3 (transformative and disruptive innovations), which of course can come in a variety of types - Doblin identifies ten types of innovation. So we need people who can think about service innovations, process innovations, experience innovations, business model innovations, and so on.

Innovation 144

Innovation Trends Survey Course 144

Jeffrey Phillips

MARCH 23, 2016

The Accenture article goes to great lengths to note that "US executives are unrealistic in believing they have the capabilities they need to achieve their bold innovation goals". The authors go on to suggest that "a significant gap exists between what companies want to do in the area of innovation and what they are able to do".

Survey 100

Survey Disruption Innovation Engagement 100

Qmarkets

AUGUST 26, 2021

Here a few benefits that organizations are most likely to achieve from innovation: Competitive Edge There are many examples of new businesses taking over the market and killing their competitors, but perhaps one of the most well-known is Blockbuster vs. Netflix. “In But what’s most important is they’re frequent.’

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Qmarkets

AUGUST 26, 2021

Here a few benefits that organizations are most likely to achieve from innovation: Competitive Edge There are many examples of new businesses taking over the market and killing their competitors, but perhaps one of the most well-known is Blockbuster vs. Netflix. “In But what’s most important is they’re frequent.’

Innovation Programs 95

Innovation Programs Innovation Open Innovation Technical Review 95

Paul Hobcraft

MAY 22, 2017

As many of our business organizations seek to optimize their processes across the company, they are constantly reaching more outside to gain growing partnerships and greater innovation interactions. They are looking to complement and reinforce existing capabilities through more open innovation thinking and approaches.

System 159

System Collaboration Innovation Design 159

Paul Hobcraft

AUGUST 7, 2015

I have been spending some significant time on questioning the current innovation business model, from both the customers (clients) perspective and the innovation consultants’ one. Now we all know not all things are equal, many companies have invested significantly in improving their innovation capabilities.

Innovation 100

Innovation Technical Review Underperforming Technical Team Innovation Processes 100

Norbert Bol

DECEMBER 13, 2015

In the journal of Technological Forecasting & Social Change is an interesting article about the effects of corporate identity on innovation strategies and sustainability (Staub et al., Innovation in this article is classified as product innovation, process innovation, marketing innovation and organizational innovation.

Innovation 40

Innovation Product Innovation Strategy Strategy 40

Paul Hobcraft

SEPTEMBER 2, 2018

Still, the hockey stick of benefits has not kicked in yet – while all companies are making efforts to adopt technology, most of the production industry (~70%) remains in pilot purgatory (where technology pilots last for extended periods of time, and companies do not take the final step of scaling up viable technologies).

Industry 213

Industry Technical Review Design Innovation 213

Paul Hobcraft

MARCH 23, 2019

This whole area has been rapidly modernizing into a product innovation platforms to support key elements of sustainable solutions that maintain, adapt, upgrade, integrate and keep multiple systems of record for designs that due to the platform approach can be easily shared within, across and outside the old environment.

Innovation Management 200

Innovation Management Management Software Review Software 200

Tim Kastelle

MARCH 7, 2016

From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Qmarkets

JANUARY 17, 2023

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. Take sustainability. What do they expect from you?

Industry 52

Industry Innovation Trends Technology 52

The BMI Lab Blog

FEBRUARY 15, 2018

More specifically, those examples do not show how European companies, that are hidden champions in their domain, are succeeding in innovation. In fact, achieving results from a business model innovation process is possible with proper guidance and resources.

Groups 49

Groups Innovation Resources Ideation 49

100%Open

AUGUST 27, 2019

While other factors—such as the nature of commercialization environments and market structure dynamics—are also important, the weighting on the three factors covered here should be large in anyOn the other hand, we have innovation driven by aims at rearranging or creating new business processes for the better.

Technical Review 63

Technical Review Innovation Open Innovation Marketing 63

eZassi

DECEMBER 12, 2016

Large organizations like these can no longer exclusively rely on the internal R&D team or employee base to produce the product innovation and insights that will keep them in the game. Enterprises are increasingly turning to open innovation for their product development strategy.

Open Innovation 40

Open Innovation Software Technology Innovation 40

Paul Hobcraft

SEPTEMBER 27, 2017

You know they are nowhere at the point of really understanding the potential of the changes that could take place within adopting a broader view on all aspects of innovation. I was reading that drug development costs can be up to $2 to 3 billion and can be taking a process of up to 14 years. Industry 4.0 Can this change?

Collaboration 138

Collaboration Artificial Inteligence Technical Review Industry 138

hackerearth

OCTOBER 16, 2017

Understanding Innovation Management. What besets today’s companies? Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999).

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

Understanding Innovation Management. What besets today’s companies? Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999).

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

Strategos

MARCH 1, 2018

Metrics help managers make informed decisions based on objective data, which is especially valuable given the long-term nature and risk associated with some innovation projects. Maintaining and posting an “innovation dashboard” keeps innovation progress front and centre for employees and executives.

Guidelines 45

Guidelines Innovation Innovation Programs System 45

New Markets Advisors

APRIL 20, 2018

All of them directed to the same article, which made the point that while innovation isn’t everyone’s job, it should be. Executives are constantly lamenting that new ideas only come out of “the labs” or “Product” when, in fact, the company is made up of thousands of people with great ideas. It over-emphasizes product innovation.

Innovation 40

Innovation Training Culture Culture of Innovation 40