What do you want: the short or the long wow?

Bennett Cherry

innovation service delivery strategiesI came across this article today and really found value in much of what the author, Brandon Schauer, presents in his discussion of "the long wow".What What do you think? Is he off-base or point-on?

Certainly a departure from the norm.

Bennett Cherry

creativity innovation service delivery strategiesMaybe a more appropriate title would be "A retreat to the past". This physician is taking a different approach to medicine and, I think, it's a worthy venture. If for nothing else than to aptly show that relationships (ongoing and informed) matter in the doctor-patient experience. While most of the time the quality of care experienced at many doctor's offices borders on a kind of "oil-change.

Insiders

Sign Up for our Newsletter

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

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

In this blog, we will share the additional ‘innovation assets’ that many companies are yet to include in their business innovation strategy. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

This is the second in a series of articles about the convergence of strategy and innovation. For more information about the series, and a list of published and upcoming articles, please visit A New Era of Strategy and Innovation. The key is an options-based strategy that addresses a company’s key strategic questions at multiple levels and multiple time horizons. Most strategies are built on specific beliefs about the future. A Strategy Approach for Today and Tomorrow.

How to create a scalable strategy in the midst of the COVID-19 crisis

mjvinnovation

Companies had to take extreme measures to adapt their processes and recalibrate their strategies. In this context, designing a strategy that keeps your business healthy and sustainable on an ongoing basis – a crisis resilient one – can be the difference between success and failure. Non-scalable: a profession, activity, or strategy that requires greater effort, time, and dedication to reach the result and provide profit/remuneration.

Tips 40

Here’s What’s Wrong With Your Great Idea

Innovation Excellence

When Steve Jobs launched the iPhone in 2007, many pundits were less than impressed. Apple Build Capability Culture & Values Design Feature Of The Week Innovation Leadership marketing StrategySome said that its unusual shape made it unwieldy. Others thought that it was too expensive. Still others remarked that all the extra software made it a poor choice for its primary function — making phone calls.

Nomination Wanted: 2015 Thinkers50

Matthew May

My three areas of focus — strategy, innovation, and lean — are all founded on the ground-level, everyday application of Roger Martin’s Play-to-Win framework (strategy), IDEO/Stanford d school-originated design thinking (innovation), and Toyota-born systems thinking (lean). Contributor: The New York Times, Strategy+Business, Fast Company. Author, THE SHIBUMI STRATEGY: A Powerful Way to Create Meaningful Change (Jossey-Bass, 2010). Strategy

LEAN 150

The Startup Equation with Ja-Nae? Duane

Game-Changer

In 2007, she was nominated as one of New England’s Most Innovative Leaders of 2007. entrepreneurship Innovation Leadership Podcast Strategy startups The Startup EquationStarting a business? On this episode of The Big Bang Podcast I talk to Ja-Naé Duane , serial entrepreneur and co-author of The Startup Equation , about her mission to help one million entrepreneurs worldwide create one trillion dollars for the global economy.

Innovation’s New World Order

Innovation in Practice

The shifting map of global innovation In the 2015 Global Innovation 1000 study, Strategy&, PwC's strategy consulting group, provides new insights into the ways corporate innovation spending—which totaled $680 billion last year—has been changing in recent years, and examines the implications both for the future course of global economies and for corporate performance. AUTHOR BIO: Barry Jaruzelski is a thought leader on innovation for Strategy&, PwC’s strategy consulting business.

Study 66

How to Take Meaning from a Black Swan Event

The Inovo Group

According to Nassim Taleb in his seminal book The Black Swan (2007) , a Black Swan Event is defined as follows: An outlier – as it lies outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility, It carries an extreme “impact”, and. The Black Swan (2007). Although exaggerated, these points contain significant elements of truth, and, therefore, implications for corporate strategy and innovation.

Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

In 2007 a small-time, ailing Netflix actually thought they were going to be acquired by the Blockbusters giant, but they decided they didn’t want to. Innovation Management Innovation StrategyIt feels like the world is moving faster than ever, which means that companies in every sector have to prioritise agile innovation or risk becoming defunct.

How Should Your Business Find the Next Big Thing?

IdeaScale

The value of this strategy is it forces you to look past the belief that what you already have is working, so why change it? Netflix’s streaming video model seems blindingly obvious now, but stop and consider the state of television in 2007. Disruptive or incremental innovation? In pop culture, the story of innovation is sudden as a brilliant idea arrives in a flash of genius.

Video 116

How Apple created two giants

Matthew Griffin

About the Author: Recognised in 2013 and 2014 by the public as one of Europe’s leading Emerging Technology and Disruption Strategy advisers Matthew Griffin is an international speaker who works with global Accelerators, Analysts, Entrepreneurs, Investors, Governments and Fortune and FTSE multi nationals to help them reinvent themselves and adapt to new market conditions. __. __. Click & Connect with Matthew: LinkedIn . mgriffin_uk . +44 44 (0) 7957 456194.

Is It Possible for Companies to Over-Innovate?

IdeaScale

Motorola’s RAZR and RIM’s BlackBerry were cutting-edge until 2007 when the iPhone arrived and made both of them utterly irrelevant in the time it took to explain what an “iPhone” even was. To get a balanced, smart innovation strategy, request a demo. Remember when this was the height of innovation? Is it really possible to “over-innovate?” It seems baffling, on the face of it. What’s wrong with “too much” creativity and thinking ahead.

What UX Designers Need to Know about Conversion Rate Optimization

Boxes and Arrows

Strategy first. Clients lock into a particular platform that they’ve heard of or had positive experiences with and that platform becomes the strategy. The first step is to get them talking about strategy and not talking about technology. Only then can you start to build a comprehensive strategy that is goal-directed, not technology-dictated. They bring the whole strategy together. What’s the buzz about content strategy? 2007).

The New Game Or Is It? Asset Orchestration

Paul Hobcraft

I wrote a post some time back called “ Asset Orchestration is required for more Dynamic Innovation ” and offered a thought (or two) such as “you must orchestrate the capabilities, to purposefully build what is needed to deliver the final result” At the time I had been reading some work undertaken to frame this asset orchestration by Sirmon et al during 2007 and 2008 that focused on the different actions of the manager, or asset orchestrator.

Brunner Welcomes 15-Year IT Veteran

Brunner

Driving Helpdesk/IT strategies and implementations, developing team/discipline specific technology needs, security implementation, employee related computers, software and systems, Dave will play a key role in our continued investments in cutting-edge technology and digital experiences. Earlier this summer Brunner welcomed Dave Stoken as Director, IT, to augment our internal infrastructure team.

What Executives are Reading This Week

MSSBTI

The number of business coaches globally has increased 60% since 2007. 5 Simple Strategies That Will Help You Be a Better Leader Today. “If we don’t change, our business will continue to decline, but our people resist,” or “We are facing a disruption and we need to change, but our culture does not permit it. When I hear this from a leader, the question I pose is, “What are YOU prepared to do?”

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Entrepreneurial thinking is described as having an entrepreneurial expert mindset (Krueger, 2007). Krueger, 2007). Based on the same logic as mentioned above, entrepreneurial thinking is prone to both causational thinking and effectuation-based thinking (Krueger, 2007). 2007). 2007). Cultural differences in innovation championing strategies. Introduction.

Using Anticipatory Innovation to Navigate Uncertainty

mjvinnovation

Excerpted from The Black Swan by Nassim Nicholas Taleb Copyright © 2007 by Nassim Nicholas Taleb. The first aspect is done through Futures Design, a methodology that allows us to capture the signals, as a radar, to be able to develop antifragility and risk mitigation strategies, and furthermore, come up with mid and long-term innovation solutions. The second and more relevant aspect is how to act upon these strategies in the present.

Video 40

A brief history of work, innovation and skills in the UK

Wazoku

2003 – Skills strategy part one In 2003, the Government issued its skills strategy White Paper with the aims of ensuring that employers had the skills to support the success of their business, and that employees had the necessary skills to be both employable and personally fulfilled. 2006 – Skills strategy part two This was followed by the Leitch Review of Skills published in 2006. Then in 2007, Apple launched the iPhone, which is when the use of smart phones really took off.

9 Way Bailey’s Irish Cream Can Help You Innovate

IdeaScale

Specifically, let’s consider the invention of Bailey’s Irish Cream and what it can teach us about idea management strategies that can support and amplify successful ideas. On December 3rd, 2007, Diageo announced the sale of the billionth bottle of Baileys since it was first introduced in 1973. It’s a cold, wet Spring, so let’s take a moment (and a sip or two?) to reflect on how great ideas become reality.

Design 141

The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Developing a strategy here is key in creating an efficient and cost-effective idea generation process, but how should you approach this? In this blog we will share how crowdsourcing, incremental, and breakthrough innovation can be used as part of your NPD strategy throughout the FFE stage.

Moving from Static to Dynamic

Mike Shipulski

Science, Strategy and War, The strategic theory of John Boyd. New York: Routledge, 2007. At some point, what worked last time won’t work this time. It’s not if the business model will go belly-up, it’s when. There are two choices. We can bury our heads in the sands of the status quo, or we can proactively observe the world in a forward-looking way and continually reorient ourselves as we analyze and synthesize what we see. The world is dynamic, but we behave like it’s static.

Top 5 Consulting Firms for Innovation and Digital Transformation in 2019

Moves the Needle

Instead of analyzing the past to devise a strategy for the future, Innosight reverse-engineers success based on predictive market models. Innosight appears to be winning with its strategy. Konrad has been around since 2007 and after starting out as an agency, has transformed itself into a global practice with Uber, Coca Cola, AmEx, Diageo and McDonald’s as clients.

eBook 47

Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

This disaster followed Ballmer’s purchase of aQuantive for $6B in 2007. But despite some successes the question remains; why do companies keep acquiring when the evidence shows that the strategy generally does not work? Microsoft’s core PC business of office applications and Windows operating systems is in decline so it needs new sources of revenue. It is splashing out $26B to buy social media business LinkedIn.

The Brainzooming Blog at MM, 2K, 2000 Posts

BrainZooming

The blog started on the Blogger platform in November 2007 after seeing Jessica Myers (who was at Garmin Industries at the time) speak at a conference about being able to start a blog for free in just ten minutes. It’s our client engagements and workshops on strategy, innovation, creativity, social media, and content marketing (among other areas) that keep the lights on and the computers going to be able to share our strategic thinking exercises with you.

eBook 86

71 Innovation Methodologies

Open Innovation EU

Focus stage: Seed Published: 2007 more…. Innovation Strategy (Goffin). A while ago I sat down with Machiel Wetselaar & David van Dinther to create a list of innovation methodologies for a course we’re developing. Up to now we’ve gathered 71 different methodologies for implementing innovation in your organization. We are still looking for ways to categorize them, but for now we’ve based our categorization on the maturity of the organization.

Amazon Didn’t Kill JCPenney. This Did.

Econic

Looking at the stock price of JCPenney, they peaked in 2007 right before the recession, then, like all other department stores, started to decline. A “Cannonball” Strategy. As described in Great by Choice by Jim Collins, a “cannonball” strategy is when a company invests a significant amount of resources in a massive expansion. The bullet strategy may not have returned JCPenney to its former glory, but it may have been enough to carve out a niche in this new economy.

Understand Trends, Identify Strategic Fields of Innovation and Create something entirely New

ITONICS

Companies who can quickly identify changes and even weak signals in their environment and react to them before the competition does will gain a decisive competitive edge (Pillkahn, 2007). This observation is of a limited duration and therefore has no significance for the corporate strategy. 2007). By Carolin Durst, Michael Durst, and Matthias Saffer. Change is the new normal.

Today is a Prototype for TomorroW

Innovationship

When Steve Jobs stood on stage holding the first iPhone on that auspicious day in 2007, he knew that he was holding the prototype on which the next iPhone — the iPhone 3G — was already being designed and built. Whether you’re designing a toy, writing code, defining a new business strategy, treating a patient, or delivering a speech: your actions and what you deliver have an impact on the world around you by changing the experience of people. WE ARE ALL DESIGNERS! Look around you.

Top 5 Consulting Firms for Innovation and Digital Transformation in 2019

Moves the Needle

Instead of analyzing the past to devise a strategy for the future, Innosight reverse-engineers success based on predictive market models. Innosight appears to be winning with its strategy. Konrad has been around since 2007 and after starting out as an agency, has transformed itself into a global practice with Uber, Coca Cola, AmEx, Diageo and McDonald’s as clients.

eBook 40

Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

From 2003 to 2007, I have been in charge of the R&D project portfolio management line of business at a solution provider. In 2007, I co-founded Innovation Framework Technologies (IFT) in order to close this gap, to offer a combination of best practices and best software embedded in solutions that companies can actually and successfully use.

A New Model to Start Innovation

Gijs Van Wulfen

From all these workshops I identified fifteen obstacles which may block you during the fuzzy front end along the path towards a successful new business case: Unclear strategy. When a major design conference came to town in 2007, they saw an opportunity to earn some extra cash by renting out their spare floor space.

How Google Erased Anonymous Tracking and Nobody Noticed

Outside Innovation

When Google acquired online advertising powerhouse, DoubleClick, in 2007, we were all concerned that Google would merge the information it already had about our search activity, our email content, and our identities, with the detailed tracking of everything we do on every website that DoubleClick uses for its ad placement services. I have long been a fan of anonymous tracking versus personalized tracking.

Themes for the practice of open innovation

Open Innovation

I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. For example, strategy is one of the major themes of existing research identified by Chesbrough & Bogers (2014) in chapter 1 of New Frontiers in Open Innovation.

Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

From 2003 to 2007, I have been in charge of the R&D project portfolio management line of business at a solution provider. In 2007, I co-founded Innovation Framework Technologies (IFT) in order to close this gap, to offer a combination of best practices and best software embedded in solutions that companies can actually and successfully use.

How to spot the next big thing

hackerearth

However, everyday business concerns tend overwhelm leaders to such an extent that they often lose sight of the wider strategy. Here are a few strategies to help leaders identify the next big opportunity in their business: 1. In 2007, a Wall Street Journal article titled “ Together We Innovate ” stressed the importance of working together in an organization to encourage new ideas irrespective of hierarchy and rank.

Context matters

Boxes and Arrows

This becomes a strong habit and this strategy of scanning a visual stimulus is executed automatically, even if the viewed stimulus does not contain text. 2007), Blah-Blah Text: Keep, Cut or Kill? 2007), Show Numbers as Numerals When Writing for Online Readers, Retrieved 15 June, 2013, from [link]. What makes a marketing e-mail or newsletter efficient?

Study 74

A New Model to Start Innovation

Gijs Van Wulfen

From all these workshops I identified fifteen obstacles which may block you during the fuzzy front end along the path towards a successful new business case: Unclear strategy. When a major design conference came to town in 2007, they saw an opportunity to earn some extra cash by renting out their spare floor space. The start of innovation is described by Wikipedia as the messy getting started period of a new product development process.

Real Artists Ship

The Future Shapers

As a couple of examples, Leading Change: Why Transformation Efforts Fail from 2007 and Michael Porter’s How Competitive Forces Shape Strategy from 1979 are still in the most popular reads for HBR. “Real artists ship” was an Apple battle cry from the earliest days. Steve Jobs used it to drive his teams to understand that the best inventions needed to sell.

Typology for Innovative Organizations

Open Innovation EU

At the centre are the innovation brokers: consultancy firms, education professionals and knowledge brokers who do not directly work with innovation, but accelerate it (Chesbrough, 2007). You can create a weighted variant that reveals the nuance in your strategy and company branding. 2007). Typology for Organizations: an update. It has been a while since Henry Mintzberg developed his influential work that made us aware of the importance of structures in organization design.

The Importance of Persistence: Building an Innovation System for the Long-term

The Inovo Group

Then a business downturn comes, or a new CEO with a different strategy and mindset, or a corporate re-org, or the leader of the corporate innovation group gets frustrated and quits, or any one of a myriad of other events happens. A 2007 study by M. Highlights. A successful, Fortune 50, corporate innovation group has been continuously creating strategic innovations for almost two decades – through numerous leadership and organizational changes.