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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

This might require typical accounting, management and sales processes to track and predict performance, and often comes from experience and time. Sometimes, a small number of innovation resources are tasked with taking new technology developed by the company’s R&D department, and try to find a market or use for it.

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The Future of Design Thinking: Integrating Artificial Intelligence for Success

Leapfrogging

With AI’s predictive analytics, machine learning algorithms, and natural language processing, leaders and innovators are unlocking new potentials in understanding user needs and market trends. It encompasses five key stages: empathize, define, ideate, prototype, and test.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

In my view any new approach to innovation needs to aim to achieve interdependent and interlocking innovation, solving problems that have not been addressed before and offering sustainable value, impact, and returns to all involved or significantly improving on the existing solutions.

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Why Every Large Organization Should Decentralize Innovation

Idea to Value

However, there was one big issue with the approach they were planning to take that would very likely have proven to be quite problematic: a fully centralized approach to ideation and innovation. That person thus initially wanted all ideation in the organization to pass through and be overseen by themselves.

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The Day the Enterprise Stood Still

PlanBox Innovation

Unifying the PMO and Innovation Team through ISO 56001 to Move the Business Forward. Indeed, in this age of relentless change, the last thing any enterprise wants is a free-falling portfolio of innovative projects. What’s more, 90% anticipate ramping up their innovation budgets, with nearly all increasing by more than 10%!

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Diversity and Innovation: Benefiting from a Corporate Culture of Inclusion

Qmarkets

Diversity also leads to economic growth, and according to a study from Brown University “the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe.”

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Innovation is too easy

Jeffrey Phillips

When I write that "innovation is easy" what I mean is that innovation as practiced in many corporations is rapid, inexpert and quickly converges on a simple solution. Innovation rarely has the preparation, commitment or effort applied to it to really succeed. But commercialization is hard in this setting, for several reasons.