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

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? But what does a well-balanced innovation portfolio look like? So what is the best new ratio for companies.

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

Idea to Value

The companies which launched later but were able to quickly innovate, based on what they saw working in the new market, were the “Fast Followers” However, it was not long before research began to suggest that this First Mover advantage was not always real. And competition has its advantages.

Strategy 257
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We need to delay the Tokyo 2020 Olympics

Idea to Value

I worked for more than 2 years on the London 2012 Olympics directly with the athletes, and have seen first hand what the Games are like, in the stadium and in the athletes village. Athletes’ ability to perform: Every athlete attending the games will have been focusing on the day of competition for a long time.

Video 191
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71 Innovation Methodologies

Open Innovation EU

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. Innovation Cycle (Avans). Open Innovation (Chesbrough).

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The Detriments of a Command-and-Control Culture and the Power of Design Thinking

Tullio Siragusa

The Detriments of a Command-and-Control Culture and the Power of Design Thinking In the competitive landscape of modern business, the approach we take to leadership can make or break an organization. Example: Kodak, a once-dominant player in the photography industry, struggled to innovate and adapt to the digital age.

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Transforming Indian Railway Stations via Open Innovation

IdeaConnection

Indian Railways is embarking on an ambitious project and has turned to open innovation for help in achieving its goals. The IRSDC was created in 2012 with the express purpose of transforming the country’s railway stations. Tagline and Logo Competition.

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Innovate or Die: Open Innovation and 4 Key Measures to Stay Alive

Innovation Walk

Companies commonly used to assume the best route to innovation was to control processes by keeping all data and knowledge internally and hiring the best employees. Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. in 2004 to 8.3%