Remove Ideation Remove Project Remove Radical Innovation Remove Study
article thumbnail

Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. This results in projects that are too numerous, too big, and often less value-creating.

Company 40
article thumbnail

Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. This results in projects that are too numerous, too big, and often less value-creating.

Company 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Those not involved directly within the innovation project constantly remain skeptical or require more proof. 57% of respondents said their companies do not follow formal innovation processes and executing remains mostly ad hoc and unstructured. Even the majority don’t have processes for ideation and development phases.

Report 212
article thumbnail

Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Most often, teams that work on co-innovation projects share some or the other common capabilities, including technical, organizational, financial, and marketing. The best practice for successful co-innovation and for avoiding future disappointment is to fill the knowledge gaps before the beginning of a project.

article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Successful innovators are structured, methodical, and systematic in organizing their innovation projects. Once an innovation project or a series of projects has begun, things move quickly, so it’s important to have the correct framework in place for making decisions at each step from initial ideation to final commercialization.

article thumbnail

Does culture eat strategy for breakfast?

Innovation 360 Group

This is confirmed by many innovator organizations I have encountered all over the world. Having said that, culture is the true enabler of efficiency, including innovation, and needs to be fostered over time, especially in the ideation phase where diversity is imperative and a value system for reaching decisions essential.

Culture 63
article thumbnail

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. The EU funded-development project was launched in 2016 with 8.2 The project ran for 30 months, with the first half focused on assessment and strategy, and the second on implementation and value creation.