article thumbnail

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.

Project 284
article thumbnail

Leading Innovation = Managing Uncertainty

Strategyzer Innovation

While generating new ideas and inventing new technologies is important, it is even more important for innovators to identify the unknowns that have to be true for their ideas and technologies to succeed in the market. Google constantly improving their search engine), taking existing products to new markets (e.g.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Qmarkets

As increased consumer awareness transforms markets and government policy, and as technology creates so many unexpected shortcuts, I believe that this trend will only continue in the future. had a chance to gauge the American consumer’s interest in high-end gems before they entered the market. The future of innovation is now.

article thumbnail

Why We Are Entering A New Innovation Era.

Paul Hobcraft

I wrote this recently in a post entitled “ Bringing New Innovation is Stretching the Mind “ It opened with this view: “There is a profound shift taking place, relating to innovation. Seeking a new middle management’s innovation perspective. Posted on November 9, 2012. Posted on July 30, 2012.

article thumbnail

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. Academic Relevance.

article thumbnail

Five Product Innovations that Evolved Over Time

IdeaScale

However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives. With aggressive marketing to dentists and common Americans, Listerine became a runaway success in the 1920’s as a treatment for chronic bad breath.

article thumbnail

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?