2012 Innovation Resolution: Turning Ideas Into Money

Robert Brands

In order to implement sustainable Innovation in 2012, you need to define innovation in a manner that makes strategic sense for your organization, and have the know-how to properly construct and use a process, plus the will to keep the process on course. The task may seem daunting at first, but it’s possible to develop a disciplined strategy that delivers Innovation time and time again for sustained long-term profitability. Formulate a New Product Development process.

The Quality Chronicles

CorporateIntel

Innovation is always factored by the ticking click, who gets the jump and the competitive advantage, when a cost center becomes a profit center. Information compounds on our desktops, the team with analysis paralysis most often loses to the nimble risk takers—but all this means is that in product development , the role of Quality Assurance (QA) has never been more critical. You want an industry defining product, show us the money or don’t ask for a date.

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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. New Product and Development Service Process (Hauser). New Product Development Front End (Khurana). Revolutionizing Product Development (Wheelwright & Clark). New Product Development Funnel (Katz). Focus stage: Seed Published: 2012 more…. Design Competitions.

Innovation is a Company Wide Responsibility

ImagineNation

It’s a waste of time and money for everyone when an Innovation Team develops a product that the sales force refuses to sell, or that a manufacturing partner refuses to make. The only way for it to survive is to be separated from its internal competition.

Guest Blog – Innovation is a Company Wide Responsibility

ImagineNation

It’s a waste of time and money for everyone when an Innovation Team develops a product that the sales force refuses to sell, or that a manufacturing partner refuses to make. When the product portfolio gets prioritized using financial measures like ROI, the more innovative programs always end up at the bottom, because of how the time value of money calculations work. The only way for it to survive is to be separated from its internal competition.

Management Innovation:  Busting Bureaucracy

Strategos

While most of the client work that Strategos does is aimed at business model innovation, in recent years we have developed a principle-based approach to Management Innovation (see Mercy Salaz’s blog, Scope Creep ) and used this approach on several internal processes and practices such as product development. remain competitive if more than two thirds of the workforce leaves their brains, their commitment, and their passion at home? Management Innovation.

Themes for the practice of open innovation

Open Innovation

I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. Implement a flexible process from need identification into your stage-gate development process. There’s a lot of research on tools for innovation contests, but frankly the user innovation literature (such as Piller and Walcher 2006) is much further developed than OI is here.