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Innovation fails because humans have emotions

Idea to Value

A while back, one of my consulting partners from another office asked me to review their client’s innovation process. Their team had been engaged to review why their innovation process was not delivering results. What most companies get wrong about innovation processes.

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71 Innovation Methodologies

Open Innovation EU

Innovation Cycle (Avans). The Lean Startup (Ries). The Lean Enterprise. Focus stage: Maturity Published: 2011 more…. New Product and Development Service Process (Hauser). Focus stage: Early-stage Published: 2011 more…. Open Innovation (Chesbrough). Open Innovation Kick-Start Approach (AT Kearney).

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Our inabilities to adapt needs changing.

Paul Hobcraft

According to a survey by McKinsey in 2011, 72% of our transformation programs fail to deliver on their original targets. Unless we create a strategy to transform, how can we re-imagine our innovation processes? We talk so much about “innovation is critical” today and in our future, but is rarely achieved.

Change 100
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Take Smarter Risks through Discovery Driven Planning

KindlingApp

This is why the principles found in lean methodology have been so widely accepted and applied; the ability to be agile and adjust are the characteristics of top-tier organizations. This can, at times, conflict with a true innovation process because of the preponderance of unknown factors inherently involved when one innovates.

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Good Ideas Often go Nowhere: Here’s What You Can Do About It

The Inovo Group

Yuan was Cisco’s vice president of engineering and in 2011 he pitched a new smartphone-friendly video conferencing system to Cisco management. Companies can deal with technological and market uncertainty, even ecosystem uncertainty, using innovation processes, methods and tools developed over the decades. The idea was rejected.

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

Open Innovation EU

Corbett & Katz, 2012; Neck & Greene, 2011): The authors argue that are five different practices of educating entrepreneurship: Practice of play: ‘the skill of play frees the imagination, opens up our minds to a wealth of opportunities and possibilities, and helps us to be more innovative as entrepreneurs’ (Neck, Neck, & Murray, 2017).

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Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

Our transformation journey needs to embrace the cloud, mobile, data and networks and relies on higher levels of analytics to interpret and translate information, into insights, into ideas, into innovation that delivers on the ‘needs’ the customer wants solutions too. These call for a different approach to the innovation process.