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Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?

Open Innovation EU

I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. Model of Exploration vs. The article built a simulation and was able to test the effective of different strategies under different circumstances. Without intervention this will work till the end of time.

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How NASA Leads Intrapreneurial Innovation

InnovationManagement

Not everyone knows that NASA has embedded crowdsourcing into their strategy and capabilities. But in fact, back in 2011 (after they ran a highly successful crowdsourcing pilot) NASA established the Center of Excellence for Collaborative Innovation (CoECI).

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Creative Strategy Formula – Snickers and Lead, Copy, Swerve, Integrate, Go

BrainZooming

We haven’t talked about stealing (or copying) ideas as a creative strategy for some time. Translated into a creative strategy formula, it’s an example of “Lead, Copy (1 and 2), Swerve, Integrate, Go.” Here’s how this creative strategy formula plays out between two well-known consumer brands. Brainzooming Has an Answer!

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Design Thinking for the Greater Good: Innovation in the Social Sector

Innovation in Practice

As a way to reframe problems, ideate solutions, and iterate toward better answers, design thinking is already well established in the commercial world. Her books include Solving Problems with Design Thinking (2013), Designing for Growth (2011), and The Designing for Growth Field Book (2013), all from Columbia University Press.

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Innovation by numbers: Lessons to learn from the CIA and Netflix

Innovation 360 Group

Back in 2011, we were wondering how to develop the first hypothesis in the large and very complex assignments we were undertaking. Last year the CIA released to the public nearly 470,000 additional files recovered in the May 2011 raid on Usama Bin Ladin’s compound in Abbottabad, Pakistan. Co-create with us.

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How much is innovation costing your organization?

Innovation 360 Group

Our research suggests that most organizations have challenges in one of more of the four stages of innovation – i.e., ideation, selection, development and commercialization – often relating to gating and decisioning efforts as they move through the four stages. Penker (2008-2011). Look for more information at www.innovation360.com.

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Transforming workplace culture with your innovation management program

IdeaScale

The challenge is that so-called “soft” outcomes have indirect paths onto the balance sheet and can be difficult to articulate in a strategy or in terms of ROI potential. Not being quantitative doesn’t mean however, that there aren’t theoretically rigorous approaches to creating positive outcomes. Job Crafting.