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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. But what does a well-balanced innovation portfolio look like? The 70-20-10 ratio was always an average though.

Project 287
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Five Product Innovations that Evolved Over Time

IdeaScale

They could be a new way to call a cab, drive a car with little need for gas, or a completely new way to look at medical science, technology, or entertainment. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives.

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Typology for Innovative Organizations

Open Innovation EU

But times are changing and organizations are emerging, scaling and managed completely differently. New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. Academic Relevance.

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A Day in the Life of a Software Engineer at Planview

Planview

Our team, together with our QA, surrounding teams, product managers, project managers and so forth all use agile methods (our whole company uses agile methods, actually!). But, due to the exacerbation of the Covid situation over the last 2 months most of my team is working entirely from home. Roni Lev, 2012.

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How companies are innovating in the energy sector

hackerearth

As technologies and consumer behaviors continue to evolve, new service opportunities and business models will also emerge. The energy sector has undergone significant transformation from the 1970s due to amazing economic growth, population growth, increased productivity, new technologies, and environmental goals.