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Why “Path-to-Value” is Crucial for Corporate Innovators

Imaginatik

Recent conversations with a new Imaginatik client, from late 2017, have stuck with me these past few months. It’s a sharp contrast from “Horizon 3” transformative innovations, where concept development is typically incubated within a “lean” or “stealth” team. If this notion is not already in your vernacular, it needs to be.

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5 Ways to Fail at Innovation

Imaginatik

Recognize that best practices of innovation are different from how you’re used to working, and force your team to learn the real tricks of the trade – Discovery, Lean Startup, Ideation, Creative facilitation, Design Thinking, etc. Lots of organizations try to implement “innovation” using their tried-and-true business practices.

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Slaying the Two-Track Innovation Agenda

Imaginatik

They followed best practices of design thinking, lean startup, and rapid prototyping to turn early-stage ideas into high-potential opportunities. The Best-Laid Plans. At the food services company, the innovation team quickly began producing a steady stream of creative new product concepts.

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Crossing the Chasm: Overcoming hurdles to scaling innovation

Imaginatik

As a response, Imaginatik recently published a webinar recording that explores key ‘scale-up’ issues inside the corporation, including: Why the mere adoption of Lean Startup and Business Model Canvas is not sufficient. Despite the enthusiasm, many practitioners have been struggling to translate initial efforts into material success.