Commodore Innovation

What Osterwalder gets wrong (and right) about innovation metrics

Commodore Innovation

Strategyzer, the innovation services firm co-founded by Alexander Osterwalder, has popularized several innovation tools and methodologies (e.g., the business model canvas).

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R&D investment grew by nearly 12% in Q4 of 2020?

Commodore Innovation

Research and development expenditure grew dramatically in Q4 of 2020—by nearly 12% compared with Q3. However, just three sectors accounted for most of that growth: pharmaceuticals, biotechnology & medical research, and software & IT services.

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Nordic Study: 3 Common Problems With Innovation Metrics

Commodore Innovation

A recently published study 1 , by Ilse Svensson de Jong, highlights three problems with innovation metrics that can seriously hurt firms’ innovation efforts.

Study 52

After a strong Q3, where next for innovation investment?

Commodore Innovation

Innovation spending grew strongly in Q3. Investment in innovation by US-listed firms grew strongly in the third quarter of 2020—reflecting strong economic growth for the quarter 1. After falling about 2.9%

Bridging the Online and Offline: How to Apply Product Thinking to Expanding Your eCommerce Business

Speaker: John Cutler, Product Evangelist and Coach at Amplitude

In a post-COVID world, online retailers are forced to reevaluate their position and address the challenge of adopting new customer experiences. Even brick and mortar businesses are integrating more digital approaches to CX -- testing out loyalty programs and subscription-based models. Join John Cutler, Product Evangelist and Coach at Amplitude, for this enlightening discussion on the current state of the ecommerce landscape.

What a recent HBR article gets wrong (and right) about innovation metrics

Commodore Innovation

A recent HBR article ( here ) claims that use of innovation metrics (especially financial metrics) too early will “suffocate” your most promising innovations.

Now is the worst time imaginable to reduce innovation budgets

Commodore Innovation

While the effects of COVID-19 vary dramatically by sector, many companies face significant pressure on their innovation budgets. If prior recessions are any guide , we might expect annual innovation spending to fall by 5-6%.

Budget cuts are here. Time to bolster the case for innovation.

Commodore Innovation

“What we are ultimately going to be able to accomplish is directly tied to the rest of the organization believing we’re important.” ” —senior director of innovation, aerospace industry.

COVID-19: Your innovation strategy’s been updated. Now what?

Commodore Innovation

Many organizations’ responses to the COVID-19 crisis have already switched from the tactical to the strategic. Your organization has likely updated its innovation strategy (or at least started to). That’s an essential first step.

COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

In the last few weeks our worlds have been turned upside down. As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. The organizations we work for are scrambling to manage extraordinary challenges.

The Innovation Performance Measurement System Check-up

Commodore Innovation

Problem : Most firms neglect to evaluate the effectiveness of their innovation performance measurement systems. Action : Conduct a quick check-up by following the 3 steps below. High-performing companies know that using metrics effectively is critical to managing innovation. And … The post The Innovation Performance Measurement System Check-up appeared first on Commodore Innovation. Latest Blog Posts

Post-Pandemic eCommerce Growth: Leverage Product Data, Market Research & Shopping Trends

Speaker: Phil Irvine, VP & Director of Audience Intelligence

This session will dive into how organizations can still leverage historical customer and product data but need to also think about how to augment development of strategies with marketing research and other shopper signals to efficient drive e-Commerce growth. Join Phil Irvine, VP & Director of Audience Intelligence, for this in-depth discussion of the current e-commerce landscape. Whether concerned about data privacy and data management, or curious about how businesses can rethink approaches to designing shopping experiences, the answers are here.

How to improve measurement of innovation performance in your organization.

Commodore Innovation

Once you’ve decided you want to do something about how your organization measures innovation performance, knowing what to do next isn’t always obvious. We often have conversations with innovation leaders who get to this point and reach out to us … The post How to improve measurement of innovation performance in your organization. appeared first on Commodore Innovation. Latest Blog Posts

The Innovation Culture Balancing Act

Commodore Innovation

Everyone agrees that organizational culture is a key driver of (or hindrance to!) innovation performance. It’s obvious on its face, given that culture affects things like how well teams work together, how fast decisions are made, and how much risk … The post The Innovation Culture Balancing Act appeared first on Commodore Innovation. Latest Blog Posts

Benchmark Innovation Performance

Commodore Innovation

How does your innovation performance compare to your competitors’? It’s just human nature to be curious about how your performance compares with that of your competitors. But when it comes to innovation performance, this instinctive desire for benchmarking is also … The post Benchmark Innovation Performance appeared first on Commodore Innovation. Latest Blog Posts

Most Companies’ Innovation Performance is Declining. Is Yours?

Commodore Innovation

Research shows widespread, declining innovation performance. At first glance, the idea that companies are getting worse at innovation seems ridiculous—“innovations” are such a prevalent part of our daily lives. And we are fed a constant stream of information about the … The post Most Companies’ Innovation Performance is Declining. Is Yours? appeared first on Commodore Innovation. Latest Blog Posts

The Operational and Creative Mindsets in Innovation Portfolio Management

Commodore Innovation

Problem : Innovation leaders need to balance Operational and Creative mindsets, but it’s easy to overemphasize one. Action : Answer 10 questions to review and calibrate your practices and metrics. As an innovation leader, you have to enable creativity and … The post The Operational and Creative Mindsets in Innovation Portfolio Management appeared first on Commodore Innovation. Latest Blog Posts

Reaching Unreachable Candidates

Speaker: Patrick Dempsey and Andrew Erpelding of ZoomInfo

What is ZoomInfo for Recruiters? Find and connect with the right talent to fill roles fast with more data, basic search, advanced search, candidate and company profiles, and export results. Watch this On-Demand Webinar today to see how ZoomInfo for Recruiters can work to get your talented candidates results.

The Classic Mismatch: Expectations for Innovation from Different Levels in the Organization

Commodore Innovation

Business leaders and consultants have been talking about the importance of working across functions to improve innovation performance, for decades. But lack of alignment across levels of the organization is just as problematic for innovation, if not more so. These … The post The Classic Mismatch: Expectations for Innovation from Different Levels in the Organization appeared first on Commodore Innovation. Latest Blog Posts

Measurement for breakthrough projects – Practitioner’s Dispatch Series

Commodore Innovation

It’s always helpful to hear from people who have struggled with and overcome a problem you’re facing. With this post, we’re excited to launch the Practitioner’s Dispatch, a new series featuring innovation practitioners’ battle-tested advice on common problems. First up … The post Measurement for breakthrough projects – Practitioner’s Dispatch Series appeared first on Commodore Innovation. Latest Blog Posts Practitioner's Dispatch Series

Communication is Job 1 of your innovation measurement system

Commodore Innovation

I heard an innovation leader at a Fortune 100 company remark recently, “There are lots of jobless innovation managers out there who will tell you—’if I knew then what I know now, I would have communicated better.’”. I hadn’t thought … The post Communication is Job 1 of your innovation measurement system appeared first on Commodore Innovation. Latest Blog Posts

My own transformative dynamics of disruption

Paul Hobcraft

The Gordian Knot We Are All Facing. I can honestly say I have been back at school for the past months. This remote learning stuff has been hard, challenging but stimulating. Let me tell you about this as it recognises how things are changing in our world and certainly in my world, in particular.

Going to Market Smarter in the New Economy

In 2021, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses. To succeed, you must change the way you conceive and build new products as a digital business. Download the report today to discover more!

Interview with Design Thinking Leader Steven Forth on What Makes Business Model Innovation So Challenging

IdeaScale

Ibbaka is a consulting and technology development company focused on helping companies bring innovations to market and to help them to scale.

Sixteen Sci-Fi Predictions Which Came True

Destination Innovation

We tend to think that it is difficult to predict the future because it is. Who forecast 9/11 or Covid? Where are the flying cars, paperless offices and 2 day working weeks that we were promised?

Abundance Mindset vs Scarcity Mindset

Idea to Value

Is the glass half full or half empty? If you succeed at something, does that mean that someone else needs to lose?

Study 235

Disruption is not a strategy

Idea to Value

If you ask a number of startups what they are hoping to achieve, undoubtedly you will encounter one that is going to “Disrupt” their industry. Disruption is what Uber, Airbnb, Amazon and the iPhone did to their industries. Disruption is cool. Disruption is sexy.

The Forrester Wave™: B2B Marketing Data Providers, Q2 2021

In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them. This report shows how each provider measures up and helps B2B marketing professionals select the right one for their needs.

Podcast S6E129: Robert Wright – Protecting your idea with Intellectual Property

Idea to Value

In this episode of the Idea to Value Podcast, we speak with Intellectual Property lawyer Robert Wright about the different ways to protect your ideas and innovation.

A logo is not a brand

Idea to Value

When you think of a brand, what do you think of? In many cases, the first images which popped into your head are probably of the most popular brand logos you know. Apple, McDonalds, Coca-Cola, Amazon, TikTok, Starbucks.

How to use KANBAN: An effective productivity method for innovative ideas

Idea to Value

How do you manage projects where the requirements are likely to change frequently. Or where teams might be independently working on multiple aspects separately but simultaneously. One management method which might be of interest is KANBAN.

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What Will the Long-Term Impact of COVID-19 Be on Digital Transformation?

IdeaScale

Overview: The impact of the COVID-19 pandemic is still being felt in digital transformation, yet already we’ve seen changes, including expanded rollouts of remote working systems, more targeted deployment of IT resources, a more robust privacy and cybersecurity response, and more acceptance of mobile and web apps as productivity tools.

4 AI Hacks to Make Sales Teams More Efficient

Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data. Read on to learn the four AI hacks sales teams need to improve their performance. Download the eBook today!

How new experiences make you more creative

Idea to Value

One of the most effective ways to improve your creativity short-term is to have an unexpected experience. Research by Prof Simone Ritter has shown that variety and new experiences can improve an individuals’ performance on divergent thinking tasks, a test of creativity.

Abilene’s paradox: How we decide to do things nobody really wants

Idea to Value

Have you ever been in a situation where you think nobody likes the decision which everyone agreed to? This might be explained by the Abelines Paradox. Coined by management expert Jerry B.

Kill a stupid rule: an amazing way to reduce red tape

Idea to Value

A few years ago I had a very interesting discussion with Lisa Bodell , CEO of Futurethink and bestselling author of innovation books Kill the Company and Why Simple Wins. She told me about how most employees waste far too much time in meetings and answering emails.

How having children makes fathers’ brains less imaginative

Idea to Value

Everyone knows that having a child changes your life. But did you know that it also physically changes a parents’ brain? And in the case of fathers, that this might lead to them becoming less creative?

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How to Overcome the Pain Points of Your CRM

CRM software is a powerful tool when used correctly, yet another obstacle to a sales team’s efficiency when it’s not. Leveraging research and commentary from industry analysts, this eBook explores how your sales team can get back valuable time by overcoming some pain points with your CRM, such as low adoption rates, integrations, and data quality.

East meets West in understanding Innovation Cultural Orientation

Paul Hobcraft

East and West- the different meeting points in understanding. I lived for about fifteen years in Asia and the before, and in the in-between period, I travelled around the region a fair amount.

Podcast S6E132: David Schonthal – The frictions which prevent innovation adoption

Idea to Value

In this episode of the Idea to Value podcast, we speak with David Schonthal, a Clinical Professor of Innovation & Entrepreneurship at Northwestern University’s Kellogg School of Management.

How Leading with Love Makes Leadership Easier

Idea to Value

What is the most important thing when it comes to business? You would think it is marketing, business strategy , revenue, branding, human capital, and profit – and you’re wrong! While all of these are critical aspects of any successful business, love is first. Yes, it is love.

A rising tide raises all ships

Idea to Value

What is the point in sharing your idea with the world, if other people are just going to copy it anyway? Whether it is your idea or an innovation, you might be scared that once it is out there, someone else will take it and you will be left with nothing. However, that is not how innovation works.

4 Data-Driven Steps To Drive Successful B2B Demand Generation

Fact: Good data lives at the core of every successful B2B demand generation strategy. Without quality data, it’s nearly impossible to identify and segment your target audience and create messaging that speaks to their values and interests. Whether you’re stepping into a new position or you’re new to demand generation, learning the tricks of the trade can be, well, tricky. In this eBook, you’ll discover how to improve your demand generation program—and your bottom line.