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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true.

Project 241
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Human-centred innovation in a digital world.

Paul Hobcraft

As we continue to respond to Covid-19, technology has the power to reduce the complexity often faced, speed up and contribute to solutions that help resolve pressing issues. Siemens provided a three-day event showcasing their hardware and software solutions and many other technology innovations. The rapid need for Vaccines.

Software 278
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Turn Ideas Into Outcomes: A Framework for Maturing Your Innovation Portfolio

Innov8rs

Eventually, you need to identify which solutions best fit your business needs. To drive outcomes, you need disciplined portfolio management, as Rachel Kuhr Conn , Founder and CEO of Productable, outlines below. Solution: Drive Outcomes With Portfolio Management Discipline Imagine a thriving innovation program.

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Top 5: How to plan your 2023 innovation activities and events for maximum success

Idea to Value

Innovation projects often fail because innovation teams, management, leadership and operations are not aligned on what success actually looks like. The challenge is that for all innovation projects, it is impossible to know what the final solution or target KPIs will be once all the investigation, design and iteration is complete.

How To 278
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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

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Using a “budget pool” to reduce the cost of innovation

Idea to Value

This way, more projects can be tested at lower costs, with only the ones with validated potential getting further funding to continue. But how do you actually reduce the costs of the projects in the first place? However, innovation projects are almost impossible to plan in the same manner.

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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

Exploiting your current business requires people who are good at maintaining, planning, producing, selling and supporting a well established existing product. This might require typical accounting, management and sales processes to track and predict performance, and often comes from experience and time.