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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. 10% of their innovation resources on transformational innovations, to explore completely new offerings and markets. There is nothing wrong with this.

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Creative Construction – Book review

The Inovo Group

Creative Construction , by Gary Pisano at Harvard Business School, is such a book, in part due to the preeminence and influence of Harvard in the conversations about innovation that have been taking place since Christenson’s ‘The Innovator’s Dilemma’ was published in 1997. Now the real work begins. [1]

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The Book that Took 9 Years to Publish

Stephen Shapiro

It covered a wide range of topics related to innovation: strategy, organization structures, measures, technology, and more. January 2019: I hired a developmental editor who reviewed what I had written. These were sent to past clients and other reviewers for their feedback. Over time I added to it, collecting dozens of them.

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Design Thinking & Human-Centered Design in Medical Devices & Pharma

InnovationTraining.org

Human-centered design is also very people-focused, and typically consists of the three phases: inspiration (learning from the end user), ideation (brainstorming), and implementation (bring solution to life and eventually to market). Back in 2012, Mayo Clinic set out to develop a mobile app for patients and visitors of their clinic.

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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. With aggressive marketing to dentists and common Americans, Listerine became a runaway success in the 1920’s as a treatment for chronic bad breath.

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

Managing cash, balancing this out with your liabilities and obligations, knowing your market dynamics, and equally, having a good understanding of where the future growth lies, are all essential for managing any healthy business. More of his businesses were far more vulnerable than he realized to the changes taking place in theie markets.

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Why Understanding 1 Retail Trend Is Worth 50% More Than All of WalMart

Adam Hartung

Same store sales were also up 1%, but analysts pointed out that was largely due to lower prices to hold competitors at bay. While investors cheered the news, at the higher valuation WalMart is still only worth what it was in June, 2012 (just under $70/share.) And that market is barely growing. It was only $1.1B Maybe 1-2%/year.

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