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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams. While it is not all bad news for innovation teams, there are major challenges ahead, not only for the innovation teams themselves but also for the way they work with the rest of their organisations.

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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

Where should innovation resources actually exist in an organisation? Exploration on the other hand requires a mentality where not everything is known, new ideas need to be developed, tried, iterated and improved, and not everything that is attempted will work out as it was planned. Not many innovation resources required.

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Ten pitfalls inventors face and tips for avoiding them

Idea to Value

Partners and team. Tip: Develop mock-ups or prototypes early and use them for validating your assumptions and the market need. Starting to develop an invention without having an intellectual property strategy in place is just as dangerous as starting a business without a business plan. Partners and team. Not starting.

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The Future of Design Thinking: Integrating Artificial Intelligence for Success

Leapfrogging

It encompasses five key stages: empathize, define, ideate, prototype, and test. This process is widely adopted by managers, executives, and consultants to drive new product development, service innovation, and business model refinement. These enhancements assist teams in navigating complex problems with greater precision and speed.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

These components can include different methodologies, tools, technologies, and resources that can be flexibly combined and reconfigured to meet specific innovation needs. It emphasizes the ability to leverage and combine existing resources, knowledge, and technologies in novel ways to drive innovation.

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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. Another study by PMI unveils that poor project management leads to a staggering $97 million wastage per $1 billion invested. Now, this begs the question: what if the PMO and the Innovation Team were not extraterrestrial to one another?

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5 Things You Need to Know About Collaborative Innovation Software

PlanBox Innovation

Whether it’s Google Workspace, Slack, Microsoft Teams or SharePoint, to name a few, we all use one tool or another to communicate with team members. But as good as these tools are for conversations, follow-ups, and meetings, they nonetheless lack the capacity to bring ideas to market through collaborative concept development.