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There are Knowns and Unknowns in Innovation: Let’s Manage Them Differently

Paul Hobcraft

Paper presented at PMI® Global Congress 2012—North America, Vancouver, British Columbia, Canada. The knowns are those products, services, processes, etc. I wrote about this some time back, discussing the extended innovation funnel ( here ) and used this visual. Characterizing unknown unknowns. that we know we can improve upon.

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Typology for Innovative Organizations

Open Innovation EU

The model describes organizational typologies based on cultures of innovation. This model is drawn upon a combination of Quinn & Cameron’s values framework (2011) and Nagji and Tuff’s innovation ambition framework (2012). Each type of organization exists in three different levels of innovation. – Berends, H.,

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Learning to be Innovative – Future Building’s Crucial Role in Driving Innovation Impact

Imaginatik

But critically, they also knew how to shape a vision of the future. Thus, for insurance and transportation firms, Uber’s early successes in 2011 – 2012 could have yielded important insights about the future of transportation, urban living, and the sharing economy. All three were world-class problem solvers.

Learning 100
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Culture of Innovation Video and Case Study: Cambia Health Solutions Transforms the Health Care Landscape Through Innovation

Planview

Nair and his team turned to Spigit for help in 2012. IF built upon these successes by continuing to refine its own proprietary i5 innovation process, providing employees with training in design thinking, and launching divisional challenges to help leaders innovate in their everyday business. The Result.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

And for that reason it has become an integral criteria in many prescriptive regulations for (higher) education and in increasing numbers also explicitly and implicitly part of curricula (Saavedra & Opfer, 2012). Product innovation processes in small firms: Combining entrepreneurial effectuation and managerial causation.

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Can creativity and innovation be managed?

hackerearth

The result of this journey has been that their Managed Innovation framework has been successful in generating 134,232 ideas from 55,383 empowered employees and implementing 19,172 innovations for over 400 clients. In 2012, their innovations generated a value of $548 million through savings. Why manage innovation?

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Case Studies: Learning from Failure, or Dying from it

Qmarkets

On February 1, 2012, JCPenney launched a new pricing method. How to Fail the Right Way. Implementing an open innovation process , such as Qmarkets' Q-open , and embedding it as a part of your internal innovation processes, could mean the difference between learning from your mistake, or being buried by it.