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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. Reinvention through business model innovation. Let’s remind: One size does not fit all.

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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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The Case for Dual Innovation

Integrative Innovation

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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The digital innovation era calls for new board leadership

Innovation 360 Group

The winning strategies of top innovators. According to their data and analysis (figure 1)companies that pursue the Need Seeker strategy show a much better alignment between business and innovation strategies and they also financially outperform their competitors that pursuit other strategies.

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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. Reinvention through business model innovation. Let’s remind: One size does not fit all. Culture of experimentation (and speed).

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The digital innovation era calls for new board leadership

Innovation 360

The winning strategies of top innovators. According to their data and analysis (figure 1)companies that pursue the Need Seeker strategy show a much better alignment between business and innovation strategies and they also financially outperform their competitors that pursuit other strategies.

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Innovation and Organizational Culture

Tim Kastelle

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Organizational and cultural drivers for breakthrough innovation .

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