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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. Another way is to “outsource” exploration through external engagement with startups.

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Companies betting big on open innovation

hackerearth

Organizations world over have been employing this innovation model fruitfully for years now. Let’s look at some companies who have been driving immediate successes, engaging employees effectively, responding fast to cost pressures, shortening the time-to-market, and showing a significant rate of innovation.

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3 of the Best Innovation Team Formulas…and When to Ignore Them

Qmarkets

In contrast, it’s so easy to just announce an open season for “ideas,” launch an innovation hackathon (or two) and then claim that the collective wisdom of the whole company has been harnessed. And yet, the majority of corporate innovation leaders do understand the need and value of creating a dedicated innovation team.

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3 of the Best Innovation Team Formulas…and When to Ignore Them

Qmarkets

In contrast, it’s so easy to just announce an open season for “ideas,” launch an innovation hackathon (or two) and then claim that the collective wisdom of the whole company has been harnessed. And yet, the majority of corporate innovation leaders do understand the need and value of creating a dedicated innovation team.

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Capgemini Report on Innovation Centers: Top 5 Takeaways

Planview

Innovation has never been as misunderstood, challenging, expensive, or transformative as it is today. trillion spent globally on R&D in 2014 alone, it’s perhaps the most crucial initiative people can invest in. …and Turbocharge Employee Engagement.

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How to enable inclusive innovation

hackerearth

According to a World Bank report, “a coherent inclusive innovation strategy would complement frontier innovation efforts by improving access to essentials and increasing the purchasing power of the resource-poor while also enhancing income-generating opportunities for BoP members.”

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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. Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/.