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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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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. photo editing software), and technology push (e.g. Machine Learning.

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

Idea Drop

It 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. Here are the key lessons from five bankrupt companies that failed to innovate… Kodak Kodak was founded in 1884 and found fame and fortune by inventing roll film.

Company 68
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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

With so much disruptive innovation happening so fast, it has become less and less rare for companies to be formed around a service or product that defines them for their lifetime. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. The future of innovation is now.

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What is idea management and why is it important for any business

hackerearth

Visualize this: You continuously get incredibly innovative ideas from your own workforce. Ideas that, if materialized into innovative products or services, align with your organization’s goals, increasing revenues and keeping competition at bay. Top management world over is now running helter-skelter demanding innovation.

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How companies are innovating in the energy sector

hackerearth

Through innovative solutions that spawn from a broad spectrum of expertise and collaboration…. The energy sector has undergone significant transformation from the 1970s due to amazing economic growth, population growth, increased productivity, new technologies, and environmental goals. Overview of the sector.