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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. 10% of their innovation resources on transformational innovations, to explore completely new offerings and markets.

Project 284
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? The early bird catches the worm … ?

Strategy 257
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Trust the Customers, Not the Experts

Destination Innovation

After graduating he developed this idea and presented it to luggage companies who thought it was a toy. Similarly toy companies were not interested because they considered it to be luggage. He found a toy company which was prepared to act as licensee, but the company went bankrupt. Your company is currently worthless.”

Design 316
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16 Creative Thinking Questions from the Most Innovative Companies

BrainZooming

The 2018 Fast Company Most Innovative Companies issue arrived Saturday. It’s always a wonderful inspiration for strategic and creative thinking questions (plus it’s exciting that we have a current client among the companies recognized). 16 Creative Thinking Questions from the Most Innovative Companies.

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How four market-creating innovations are improving education and employment in Brazil

Christensen Institute

In our recently published paper titled Leveraging Market-Creating Innovations to Solve Brazil’s Education Paradox , we describe how Brazil currently spends more money on education than its Latin American peers, however much of the outcome of its education system is subpar to theirs in comparison.

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Wikipedia – A Lateral Idea in Action

Destination Innovation

But in 2012 the print edition ceased production. Why did the company halt the presses after 244 years in print? Encarta was discontinued in 2009 by which time a new and mighty competitor was dominating the market – Wikipedia. The work had become very expensive to produce and difficult to keep up to date.

Policies 197
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How One African 'Misruptive' Innovation Company is Storming a Key US Market

BPI Thought Leadership Commentary

& Call it “mis-ruptive” innovation: breaking into a major new market by accident – and then storming that market by sticking to the same, humble business model devised for the original market.& & In 2012, the founders of Snapt& not only didn’t know what their.