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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. This is one of the fundamental strategic questions which every business leader needs to consider. But what does a well-balanced innovation portfolio look like?

Project 284
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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

Traditional companies have also started to deal with a new competition since the entry of fast-emerging businesses referred to as “startups“. In fact, the velocity of obsolescence , referred to the rate of speed at which a product or service and/or the competitive advantage of it will lose its value, has dramatically increased.

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7 Things Every CEO Should Know About Their Patents

Anaqua

Those that are creative in utilizing existing data, combining internal and external data analytics, and innovate in ways to improve aligning R&D and IP with business objectives, will find opportunities for competitive advantage. End of 2012 $7,473. Motorola Balance Sheet, intangible assets (in millions): End of 2012 $109.

Roadmap 40
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VC to CV

100%Open

An article a year or two back from Global Corporate Funding stated that between 2010 and 2012, 182 CV units were formed bringing the total number globally to 936. For example in 2012 Intel alone made 150 investments worth $353m. 10% a year. You can invest in anything from from smart watches to a Green MP for Cambridge.

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Are We Taking the “U” Out of UX?

Boxes and Arrows

Make recommendations to team members about which usability methods to use to answer their questions about users and design directions based on projects’ needs, goals, and constraints. Searches for ‘design thinking’, December 2012-June 2017 (Source: Google Trends). Collaborate on paper and functional prototypes. And who does research?

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Amazon: No Need to Disclose (yet)

Michael Roberto

They see one of the world's most ambitious companies and a stock price that has quadrupled since 2012, and happily toss aside their Amazon spreadsheets filled with question marks. Ovide writes that Amazon provides quarterly earnings projections that are "comically broad." Secrecy is acceptable when companies are doing well.