article thumbnail

How much is innovation costing your organization?

Innovation 360 Group

Improve your innovation ROI with “The Wheel of Innovation”. The Wheel of Innovation Sawhney, Wolcott and Arroniz (2006).Penker Successful innovators are successful because they do certain things well. Stop investing in efforts that have no link to value and start investing in innovations that improve your ROI .

article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360 Group

By studying over 1,000 companies in 62 countries and all continents over the past years, we have not only built the largest 360-database with multiple respondents in each company (external and internal stakeholders as respondents for a full 360°) but we have also been able to refine and develop our methods for analysis and management of innovation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360

By studying over 1,000 companies in 62 countries and all continents over the past years, we have not just built the largest 360-database with multiple respondents in each company (external and internal stakeholders as respondents for a full 360°) but we have also been able to refine and develop our methods for analysis and management of innovation.

article thumbnail

When innovation led to a reversal of fortunes

hackerearth

Huge layoffs and millions of dollars in losses drove the company to adopt a business strategy that focused on capabilities. Lego overcame its near-demise situation when the then president, Kjeld Kirk Kristiansen, decided that innovation was the only way out in 2001. Their producing tons of bricks inside-the-box strategy didn’t work.