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Opportunity cost

Idea to Value

And while it is a fundamental principle in economics and investing, it is just as important in innovation management as well. Most companies do not struggle with innovation because they have too few ideas. Yes, you cannot invest in two full-scale innovation projects which require the same people, money and resources.

LEAN 225
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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation. Let’s remind: One size does not fit all.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. —– Lean Innovation Management. In working with Greg Hannon , the head of Innovation at W.L. The result will be: a new, Lean version of the Three Horizons of Innovation.

LEAN 49
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Innovation Management in 2023: Venture Building & Scaling

Innov8rs

As part of our recent The Innovator’s Handbook 2023 launch event, we discussed this (and more) with Frank Mattes (CEO at Lean Scaleup), Sean Sheppard (Managing Partner at U+), and Susana Jurado (Head of Wayra Builder at Telefónica). Why can it be so hard for corporates to launch substantial new businesses?

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Business Model Innovation: 5 Frameworks for Success

Qmarkets

This innovation disrupted traditional media consumption, shifting from physical rentals and purchases to unlimited on-demand digital content, and significantly impacting the cable TV industry. By mapping out each component, companies can identify areas for innovation and explore how changes in one area may impact others.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

The tool and techniques that stand out for me, in their contribution, value and my use have been, in no specific order, cover the jobs-to-be-done , ten types of innovation, crossing the chasm , blue ocean, business model canvas and value proposition canvas, building core competencies , lean start-up, agile and design sprints.

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Corporate Innovation in 2024

Innov8rs

Here's what they shared. Here's what they shared. Here's what they shared. In the book, we’ve captured and summarized insights and takeaways from the 80+ online and in-person sessions we’ve hosted from September 2022 to August 2023.