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

Idea to Value

But what does a well-balanced innovation portfolio look like? One of industry standard answers comes from research by Deloitte Partners Bansi Nagji and Geoff Tuff, in their groundbreaking 2012 article in Harvard Business Review: Managing your innovation portfolio. So what is the best new ratio for companies.

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Leading Innovation = Managing Uncertainty

Strategyzer Innovation

These frameworks use different dimensions that hide in plain sight, the real challenge that leaders are facing - i.e. managing uncertainty. Amazon developing the Kindle), and transformational innovation which is mainly about developing new products for new markets (e.g. Managing your innovation portfolio. desirability).

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Examining the State of Crowdsourced Innovation in 2019

IdeaScale

The fact is that companies that don’t continuously innovate risk irrelevance because innovation is going to happen, whether major corporations participate or not. Lack of great ideas is not the problem when it comes to innovation; management of innovation is. Core, Adjacent, and Transformational Innovations.

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

Qmarkets

Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. We believe that any executive who wants to pull their organization in new directions must look inward as well as outward – a feat that can be achieved more easily with an idea and innovation management platform.

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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. Newtown Square, PA: Project Management Institute. For me, a good idea management system needs to be set up for all known and unknown possibilities to capture their potential. Characterizing unknown unknowns.

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Can creativity and innovation be managed?

hackerearth

Peter Drucker once said, “Above all, innovation is work rather than genius. Can innovation be managed like a business process? Does “managinginnovation limit creativity, thus stifling innovative ideas? Cognizant’s innovation journey is an interesting read. Why manage innovation?

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Why We Are Entering A New Innovation Era.

Paul Hobcraft

One of the implications is this growing recognition that innovation is rarely succeeding in isolation but it is growing on a more highly dependent type of complementary innovation, a collaborative network, working around this new emerging innovation to deliver a more connected, radical experience, requiring innovation ecosystem management.