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3 Lessons on Innovation from Jeff Bezos

Hype

Jeff Bezos just became the world's richest man. His creation, Amazon, is an incredible company. The consistency and breadth of innovation it has produced over the past two decades is awe-inspiring.

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The Power of Problem Exploration

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"‘Houston, we’ve had a problem here." John Swigert’s famous words, delivered in a voice as calm and clear as the mountain air in his native Denver, Colorado. But to the Apollo 13 mission controllers thousands of miles below in Texas, this fired the starting gun in a race against time. At 3:08 a.m. UTC on April 14, 1970, an explosion in the main oxygen tanks and the failure of a major part of the electrical system suddenly put the Apollo crew’s lives at risk.

How Corporates can use the Lean Startup and Business Model Canvas

Hype

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1.

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Strategic and Innovation Alignment: the Choice Cascading Model

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So many organizations struggle between their strategic goals and how the innovation activities can truly fit to achieve the level of contribution that is expected.

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Three Keys to Accelerating Innovation through Connecting and Collaborating Outside your Organization

Speaker: Gordon Vala-Webb, Author, Speaker and Consultant, Building Smarter Organizations

From his upcoming book, Building Smarter Organizations, Gordon will do a deep dive into connecting and collaborating with those outside your organization to accelerate innovation. Gordon will provide practical strategies to connecting and working with the "nearside" of suppliers, partners and alumni in order to accelerate innovation.

How the 'Not Invented Here' Effect Impacts Innovation Success

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Getting past the 'corporate immune system'. Imagine the scene. A warm summer’s day. The tree-lined slopes of gentle hills stretch towards a darker valley below. There’s a river running through it, sparkling water, dappled light through the leaves. Now place a party of schoolboys there, shipped out from the nearby town – lucky kids from well-off families, enjoying the fun of summer camp. On the first day, they form into two teams.

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Why mapping the customer journey is the top driver for digital transformation

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Organizations are struggling to understand the behaviours of the ‘connected’ customer. Partly it seems executives don’t engage with their brand or business in the way that their customers do.

Using the FORTH Method to Navigate Your Innovation Journey

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Gijs van Wulfen has created a wonderful innovation method, the Forth Innovation Methodology , to provide a systematic way to take ideas into tested business case concepts.

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How does innovation management help in digital transformation?

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The power of digital disruption is so immense that it now sits on the top priority list for almost every executive.

Building A Collaborative Innovation Playbook

Speaker: Greg Satell, Innovation Advisor, Speaker and Author

From his newly released book, Greg Satell has researched how people and organizations successfully innovate. We are excited to have Greg join us for a session that will draw upon these insights and provide a playbook for how to define the right innovation strategies for your organization to overcome the specific challenges that your organization faces and dramatically improve your innovation effectiveness.

How Value Co-Creation can Boost Your Innovation Process Significantly

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No matter the industry, co-creation of value is a hot topic. Marketing specialists swear by it; manufacturers and service providers try to integrate it in their innovation practices; researchers study it. Value co-creation happens within networks and enable individuals, groups and organisations to connect, collaborate, solve problems and satisfy heterogeneous needs and expectations together.

Knowledge as a social process

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Walker’s Wagon Wheel tavern in the 1970s has a particularly important place in innovation history. Its name provides a great description of its role – like spokes on a wheel people and ideas converged on its centre and on a Friday night the air was full of conversation.

The Complex and the Chaotic: Going Beyond Incremental Innovation

Hype

Innovation is easy. Or rather, certain kinds of innovation are. Faced with the challenge of improving a product or service in the marketplace shouldn’t present too much of a problem for organizations with capabilities in managing and deploying their knowledge base.

Creating Meaningful Organizations - Learnings from the 2016 Academy of Management Meeting

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Making organizations meaningful. Noble pursuit and this year’s theme at the Academy of Management’s 76th Annual Meeting (AOM) where close to 10,000 students, scholars, and professionals in the management and organization space gathered to discuss companies’ raison d’être. The Innovation Manager

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session examined the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. This was a great session you don’t want to miss.

Giving Shape to the Fuzzy Front End of Innovation

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The Innovation Manager

How Crowdsourcing Evolves: The Four Stages to Transformation

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The innovation management industry is highly fragmented today, which makes it confusing to understand which methods apply to which scenarios, and what the difference is between those doing crowdsourcing, and those doing enterprise programs designed to facilitate business transformation.

Can you really engineer an open culture?

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The idea that an open culture can be engineered or that cultural change can be outsourced is tempting.

On superbosses, mentoring and other prerequisites for innovation

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“The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves” I didn’t say that, Steven Spielberg did. And I could not agree more.

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

We are excited to launch the Collaborative Innovation Webinar Series with Dr. Soren Kaplan. His just released book, "The Invisible Advantage," provides actionable insights into how any organization can create a culture of innovation, an environment that promotes freethinking, an entrepreneurial spirit, and sustainable value creation at all levels and across all functions. By registering for the webinar, you will get a free excerpt from his book.

Unfuzzying the Front End of Innovation. An interview with Liberty Global's Spark Team

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Roel de Vries and Sarah Kelly are the innovation managers for Liberty Global’s innovation program, Spark. In May 2017, they’ll be presenting at the HYPE Innovation Managers Forum in Bonn.

How to turn around a failing program

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Not all enterprise innovation programs go well - sometimes they crash and burn, and sometimes they slowly degrade until they fall off the radar.

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What is Free Innovation?

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Kittihawk, 1903. Wilbur and Orville Wright, up at an insanely early 5am, listening to the wind singing in the wires of their fragile aircraft. They’ve been doing this for three years – in fact ever since they had the idea of attaching wings to the bicycles their repair business operated on.

Where does Triz fit within our growing organizational practices for Innovation?

Hype

We have seen a consistent change over the years to move towards a more inventive engineering and discovery mindset within our innovation approaches.

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

The difference between DMAIC, DMADV, and Innovation Management

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Now many of you might not be any the wiser on what DMAIC and DMADV might mean, unless you have had some exposure to Six Sigma.

The Four Main Types of Collaboration

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“In the same way you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness” Douglas Coupland - Canadian novelist and artist, author of “Generation X”.

Best of the Bonn Forum: Lessons from the Innovation Community

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How can an event be inclusive and exclusive at the same time? By appealing to a variety of professionals who work in a very narrow niche, of course. For example, to the professionals heading (and sometimes herding) innovation management efforts in their organizations. Open Innovation Events Trends & Future Thinking

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Planned Change Management: What It Is and Why Innovation Managers Should Care

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We talk a lot about change here in this blog, and most of it refers to change through innovation. The Innovation Manager

Models, Strategies and Tactics for Accelerating Innovation through Collaboration Outside the Organization

Speaker: Paul Campbell, VP of Innovation, Schneider Electric

We are excited to have Paul Campbell, an expert in corporate entrepreneurship, covering some of the strategies and tactics he has repeatedly used to transform corporate innovation programs. In this session, Paul shares his experience innovating in new and adjacent markets through a deft deployment of open innovation, business accelerators, venturing, M&A, R&D, business development and strategy team leadership.

Is Your Company Prepared for GDPR? What You Need to Know

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It's May! If you're like us, you're probably wondering how the past four months flew by so quickly. If that's the case, then you may also be surprised to learn about a major deadline happening at the end of the month: GDPR compliance. Hopefully, you're already aware of this and have dotted your "i"s and crossed your "t"s. But for those who might be hearing this acronym for the first time, we're here to help. Governance

4 Essential Tips for Better Innovation Performance

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Right before January 1st, I felt an (in)explicable urge to “rant” about New Year’s resolutions on LinkedIn. And I had my reasons: websites were, as they usually are, racing to publish/ showcase stock advice, standard methods/tools and other types of “one-size-fits-all” solutions for all conceivable innovation management problems. Strategy & Alignment

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Improving your Business Potential for Innovation - Limitations and Criticisms of Design Thinking

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Let me summarize where we are today in Design Thinking. Design Thinking has raised a lot of expectations as well as its fair share of controversy. Why are organizations so caught up by DT? Often it became the promise of having creative ways to solve solutions and work in harmony with all the rational thinking that dominates much of business thinking today. DT sounded so appealing, it quickly became “oh, we need some of that.”. Methods & Frameworks

Why Diversity Matters in Innovation Management

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"Oh, I've never thought about it that way!". Have you ever said this to a friend or a colleague at work? Or has anybody ever said this to you? Probably. We don't always share the same opinion or the same point-of-view with other people in our private or business environment.

Spigit's 2018 State of Crowdsourced Innovation Report

A rigorous analysis of how the world’s largest brands – representing 21 different industry verticals – leverage their innovation programs to solve problems and surface opportunities, and the key role crowdsourcing plays in their success.

Absorptive Capacity, Knowledge and Idea Management Builds Innovation Capacity

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Let's start with some defining statements and then explore Absorptive Capacity, as it has an important role to play in innovation. Innovation is dependent on becoming aware of known external ideas and innovations in the market. Alternatively, innovation can come suddenly out of piecing together strands of thought, which form into something radically different, unknown to the world until now. We can fall over these, or we can find ideas or concepts through explicit search.

The "Hundred Club", Surviving the Innovation Business in a Long-Term Run

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N ext time you switch on your TV or computer display spare a thought for the company who probably produced the liquid crystal display. With over 60% of the global market the German company Merck is probably not one which would instantly come to mind. But they dominate this and a wide spread of other activity in the chemical and pharmaceutical world.

Innovation Management Day 1: How to Launch Your Program

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In the above webinar, HYPE's Colin Nelson looks at how companies launch their innovation programs, and the key considerations to have in mind. Here's a brief walkthrough of some of the main talking points. Firstly, why do organizations implement innovation programs?

The One Where Young Innovation Managers Had Their Say

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Yes, the title shamelessly alludes to the "Friends" television series. And yes, this will be an atypical blog post. Open Innovation The Innovation Manager

Creating a Culture of Innovation — Validating Success with Numbers

Developing a culture of innovation internally leads to higher employee engagement, empowerment of your employees to assist on solving some of your most vital problems, an effective method for capturing their ideas and acting on them and finally, an increase in costsavings.