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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.

Project 284
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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. 1957) Strategies for Diversification, Harvard Business Review, 35, 13-124. Managing your innovation portfolio.

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Guresh Ahuja

Innovation 360 Group

Areas of expertise: Innovation management and design thinking. Stakeholder Management. Project, Program and procurement management. Education: MBA (Executive) – Strategy, Technology and Operations Management, AGSM, University of NSW , 2012. Business transformation and process improvement.

Agile 40
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Hatem Azzam, DBA

Innovation 360

Residing now in Switzerland, he is focusing on his consultancy work as Executive Leadership Coach, Strategy & innovation, and international business development. . Innovation Management. Innovation Coaching. Innovation Strategy. Multidisciplinary Team Management. Areas of expertise.

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Smart Service Canvas

ITONICS

Due to having an experience of running such workshops, we managed to develop the canvas and compiled extensive guidelines, use cases, and success stories that can serve as innovation initiatives in practice as a ready-to-use toolkit that is easy to adopt. . 2012), This Is Service Design Thinking: Basics, Tools, Cases , BIS Publishers.

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Can creativity and innovation be managed?

hackerearth

James Brian Quinn, Buchanan Professor of Management at Amos Tuck Graduate School of Business, reports the results of his two-and-a-half-year study on large, innovative firms in the paper, “ Innovation and Corporate Strategy: Managed Chaos.” Why manage innovation?

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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. Transformative innovations can change your organization’s trajectory, but incremental improvements are equally vital.