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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 257
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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

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. 10% of their innovation resources on transformational innovations, to explore completely new offerings and markets.

Project 284
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Creative Construction – Book review

The Inovo Group

The author presents a clear three-part framework consisting of Innovation Strategy, System and Culture that a large company needs to use to be an innovative organization. It is most useful, however, as a foundation on which corporate innovators can build their own innovation strategy, system and culture – a task left for the reader.

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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. NASA 1960), market pull (e.g. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012). Machine Learning. Blockchain. Machine Learning.

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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. Google constantly improving their search engine), taking existing products to new markets (e.g.

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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. The list grew over time. Off to the printers!

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

The folks at Armada Corporate Intelligence profiled a Bloomberg Businessweek story on Fanatics , the sports apparel manufacturer and marketer, in its Inside the Executive Suite. Fanatics introduced disruptive innovation to its marketplace with an agile strategy. Developing an Agile Strategy. via Shutterstock.