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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Culture of experimentation (and speed).

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Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

With our innovation management partner, we also enable continuous and cross-department sourcing of ideas and internal solutions development. Open innovation is our passion; as founders ourselves, we love to collaborate with leading technology developers and startups to access their expertise, solutions, and innovations.

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Open-Source Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

With our innovation management partner, we also enable continuous and cross-department sourcing of ideas and internal solutions development. Open innovation is our passion; as founders ourselves, we love to collaborate with leading technology developers and startups to access their expertise, solutions, and innovations.

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The Case for Dual Innovation

Tim Kastelle

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . This trend is even more pronounced among strong innovators, with those pursuing a centralized approach rising from 68 percent in 2013 to 71 percent in 2014.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

So, the CIO’s role is expected to expand to take on additional areas of business like innovation management and talent development. These firms have dedicated CINO roles, tasked with encouraging people and cultures to become receptive to new ideas. But only 14 percent say that they can do it well.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Culture of experimentation (and speed). A well-suited way to govern this approach is to manage a portfolio of initiatives.

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

In order to frame this discussion and in order to position the examples from the second part of this article, we will introduce a model of the innovation funnel. A key concept in innovation management is – as we all know- the innovation funnel. But we will use a model which reaches farther than most funnel models do.