Jeffrey Phillips

JANUARY 10, 2017

Determine what innovation should do for you In the past, all innovation was focused on product innovation, to create new and better products. The real impact (and real return) is in business model, experience and service innovation. Both can leverage open innovation.

Company 100

Company Innovation Disruption Open Innovation 100

Jeffrey Phillips

NOVEMBER 27, 2018

Whole product (1.0) It turns out that most of the market prefers well-conceived and fully developed solutions rather than core technologies. When the technology is finally wrapped in the additional features, services, offerings and data that make up a "whole product" then the vast majority of the market is willing to acquire.

Technology 174

Technology Data Tips Product Innovation 174

Jeffrey Phillips

AUGUST 15, 2017

Innovation comes from outside It may not seem evident at first, but virtually all radical and disruptive innovation originates from outside an industry's boundaries, by people who often weren't even in the industry, who were serving other clients or other needs and saw a way to serve a new set of customers or solve a new set of needs.

Disruption 133

Disruption Industry Culture Course 133

Leapfrogging

FEBRUARY 9, 2024

CVC is often characterized by its dual focus on achieving both strategic returns, such as fostering innovation or entering new markets, and financial returns, similar to those sought by traditional venture capitalists. Moreover, through CVC, corporations can tap into the startup ecosystem , leveraging agility and innovative mindsets.

Strategy 100

Strategy Strategy Technical Review Agile 100

Jeffrey Phillips

DECEMBER 11, 2019

So the question becomes - will there be a sustained push for more innovation, and will there be a need for more external assistance? I think there will remain a focus on innovation, but with different agendas and motives. A good friend, Drew Boyd, who is no slouch at innovation himself, suggested that innovation moves in cycles.

Artificial Inteligence 147

Artificial Inteligence Agile Disruption Company 147

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

JANUARY 7, 2019

I wrote my obligatory look back at 2018 article on innovation recently, so it is natural that we should turn our attention to where innovation will take us in 2019. In the 2018 review I made some disparaging remarks about Apple, which may or may not have caused it to lose a tremendous amount of market capitalization.

Innovation 203

Innovation Data Product Innovation Strategy 203

Strategyzer Innovation

MAY 20, 2019

Investments in R&D to foster technology, science or product innovation are just the first steps towards success. The hard part of innovation is achieving market success with the technology and products we invent. Having great new technologies and products certainly doesn’t guarantee immediate returns.

Innovation 58

Innovation Product Innovation Technology Strategy 58

Jeffrey Phillips

FEBRUARY 10, 2016

By growing large you can distribute costs more effectively, serve more customers from the same basic set of products, scale revenues and introduce efficiencies and command market power and dominate sales channels. In a market where size matters, only a few players dominate and the rest compete for the leftovers. Absolutely not.

Underperforming Technical Team 100

Underperforming Technical Team Innovation Disruption Competition 100

Jeffrey Phillips

FEBRUARY 5, 2018

There's an old marketing adage that you sell the sizzle, not the steak. I wonder, as I watch Super Bowl television ads, how many marketing people have forgotten the basic tenets of their craft. A good example is Tyrion (Peter Dinklage) up against the voice of god himself (Morgan Freeman). Sell the benefits, not the features.

Marketing 113

Marketing Innovation Processes Tools Trends 113

Jeffrey Phillips

JUNE 30, 2015

Take innovation for example. No matter where you turn companies and experts are creating all sorts of innovation dichotomies. Products or services? Incremental or disruptive? On the other hand, very little innovation in corporate levels is focused on transformation or disruption.

Innovation 100

Innovation Disruption Competition Agile 100

Jeffrey Phillips

JUNE 16, 2021

Again, Pareto raises his head to say less than 20% of your people are even reasonably prepared to do interesting innovation work. 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.

Innovation 144

Innovation Trends Survey Course 144

Qmarkets

AUGUST 26, 2021

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. In 2000, Netflix approached Blockbuster with an offer to sell their company to Blockbuster for US$50 million.

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Qmarkets

AUGUST 26, 2021

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. In 2000, Netflix approached Blockbuster with an offer to sell their company to Blockbuster for US$50 million.

Innovation Programs 95

Innovation Programs Innovation Open Innovation Technical Review 95

Paul Hobcraft

FEBRUARY 15, 2021

Innovation is our 100% of our focus and we can, without question , advance your knowledge and insights across all of its complexities to be simplified through our workshops, dialogues and discovery approaches. Building the workshop it is deliberately designed to help you need to think through many areas of productive innovation opportunity.

Design 243

Design Engagement Creativity Collaboration 243

Jeffrey Phillips

SEPTEMBER 14, 2015

I'd like to argue that the nature and pace of innovation is always accelerating, and is evolving more rapidly as we have more and more information around us. But there's another point to consider: the nature of incremental versus disruptive innovation. Take this last point for example. What does this all mean?

Technical Review 100

Technical Review Innovation Disruption Technology 100

Tim Kastelle

MARCH 7, 2016

An increasingly popular case in point is the “ Three Horizons ” framework, which aims at integrating an organization’s entire innovation spectrum by means of three distinct time and scope categories – all of which feature particular purposes, conditions and requirements. Reinvention through business model innovation.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Jeffrey Phillips

JANUARY 29, 2016

This is both exciting and terrifying at the same time, because innovation needs to move beyond product innovation, but there comes a time when the reach far exceeds the grasp, and innovation goals or targets become unreasonable. I'm actually glad to see the increasing focus on innovation other than product innovation.

Innovation 100

Innovation Technical Review Product Innovation Industry 100

Paul Hobcraft

SEPTEMBER 2, 2018

Increasingly, there is this recognition that the competitors seem to be moving faster towards becoming more digital, so it then becomes a race to catch up, as this “digital advantage” is increasingly eroding competitive advantage for the digital laggard, even if he is today the market leader.

Industry 213

Industry Technical Review Design Innovation 213

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

Board of Innovation

JUNE 6, 2022

What’s next for consumer products Innovating for new moments in consumer journeys. Immersive product experiences, such as 3D and video assets, should also be developed as an intrinsic component of the packaging solution, rather than be developed afterwards as a marketing add-on.

Underperforming Technical Team 52

Underperforming Technical Team Video Design System 52

Planview

JULY 15, 2022

The information collected in these Q&As will act as valuable assets for anyone wanting to make clear the real need for more adaptive product development and to show that an accelerated process is still highly possible, even in the face of consistent disruptions. From: [link] rs/).

Product Development 52

Product Development Agile LEAN Survey 52

Jeffrey Phillips

FEBRUARY 1, 2016

A decade on corporate leaders are still trying to get their heads around innovation, and decide whether it's a cultural phenomenon, or a process and tools issue, or something to do with design, and how it all links into strategy, all the while trying to isolate the disruptive aspects of innovation from the engine of profitability and efficiency.

Disruption 100

Disruption Innovation Culture Tips 100

Jeffrey Phillips

OCTOBER 27, 2015

But when we call on people to innovate, there are a host of unknowns and uncertainties. For example: how much should we invest? How do we prioritize existing projects and new innovation work? Our general definition of innovation is: people putting ideas into valuable action. How do we gain the skills?

Innovation 100

Innovation Project Examples Strategic Thinking 100

Board of Innovation

JUNE 6, 2022

Evolving how we innovate The Three Horizons model for innovation, often attributed to Mckinsey, is now more than two decades old, an artifact from the final years of the 20th century together with Design Thinking. Impact The fundamental metric for any innovation plan or strategy or business design is impact.

Generative AI 56

Generative AI Design Strategy Strategy 56

Qmarkets

APRIL 14, 2022

The benefits of innovation include increased revenue, profits, brand recognition, market share, competitiveness, and productivity. The three main types of innovation are product innovation, process innovation, and business model innovation. Product Innovation. Process Innovation.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Technical Review Innovation 52

InnovationTraining.org

DECEMBER 13, 2022

What are some common barriers to innovation, and how can they be overcome? How can individuals develop innovative thinking and problem-solving skills? What are some successful examples of innovation in different industries or sectors? How can innovation be measured and assessed?

Entrepreneurship 67

Entrepreneurship Innovation Collaboration Artificial Inteligence 67

Paul Hobcraft

MARCH 7, 2018

They see a market is in that specific need of the Amazon treatment, then they are on it. gross domestic product (GDP). We have the need to have both extrinsic and intrinsic outcomes, in healthcare solutions for example. Innovation outcome can be incremental, evolutionary and revolutionary.

Innovation 196

Innovation Technology Change Data 196

Jeffrey Phillips

NOVEMBER 4, 2015

To some extent, the business models and corporate strategies dictate where and how much innovation is done. For example, when I worked at Texas Instruments, the strategy was to drive costs out of products that other firms created. But much of the strategy and business model that TI had in place limited innovation, on purpose.

Innovation 100

Innovation Strategy Strategy Management 100

Innovation Excellence

AUGUST 4, 2020

Inside your organization you are but an email or phone call away from people with the kinds of capabilities and expertise your innovation needs. You can pick up the phone and speak to experts on production, technology, operations, markets, and industries for example.

Innovation 58

Innovation Technical Review Exercises Brainstorming 58

Innovation Excellence

AUGUST 4, 2020

Inside your organization you are but an email or phone call away from people with the kinds of capabilities and expertise your innovation needs. You can pick up the phone and speak to experts on production, technology, operations, markets, and industries for example.

Innovation 52

Innovation Technical Review Exercises Brainstorming 52

hackerearth

OCTOBER 16, 2017

For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

hackerearth

OCTOBER 16, 2017

For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Once a well-defined innovation strategy that aligns with business goals is in place, the next step will entail managing it effectively.

Innovation Management 40

Innovation Management Technical Review Management Software Review 40

ITONICS

AUGUST 23, 2018

It is the management’s responsibility to make sure that innovation is grounded in the reality of the organization. The leadership should make sure to be a source for overall drive, vision, and ambition of the organization with regards to innovation. In this case, each business line becomes a source of innovation.

Technical Review 44

Technical Review Innovation Software Review Leadership 44

Paul Hobcraft

NOVEMBER 6, 2017

Rick points out: “Corporate innovation efforts by and large continue to fall far short of moving the needle in any significant, sustained way or of delivering on the promise of future-proofing companies against ever-increasing disruptive forces. It has focused on supporting and reinforcing single entity product innovation.

Innovation 157

Innovation Leadership Strategy Strategy 157

Legacy Innovation Group

APRIL 1, 2019

This new–school view accepts the idea that we can be a part of creating the future, and so endeavors to do so through various forms of market leadership. It has also given birth to outstanding innovation methods such as outcome–driven innovation (jobs–to–be–done theory) and discovery–driven innovation. Thank you, Design!

Innovation 40

Innovation Underperforming Technical Team Marketing Technology 40

BrainZooming

OCTOBER 23, 2015

Let’s take a look at a couple of these cognitive biases and convert them to orthodoxies: Selective Perception: Here is an example of an orthodoxy that reflects this bias about competitors: “Our competitors’ practices are unethical. For our previous examples, the orthodoxies could read: “Our competitors have as much integrity as we do.

Strategy 40

Strategy Strategy Strategic Thinking eBook 40