RTI Innovation Advisors

Digital transformation marks the demise of product innovation

RTI Innovation Advisors

There comes a time when every phenomenon reaches its zenith, before a long fall or a sudden collapse. We like to refer to this point in the cycle as the "tipping point" - the point at which we can remain in stasis or the structures will collapse.

If it doesn't fit, it must be innovation

RTI Innovation Advisors

Years ago, Johnny Cochrane convinced a jury that OJ Simpson was not guilty of murdering Nichole Simpson. While there were undoubtedly many factors that led to the acquittal, one of the biggest factors was the gloves.

Book Review: What about the Future? by Fred Phillips

RTI Innovation Advisors

I'm returning today to one of my favorite activities - a book review. Good books are simply too rare, and good books about topics important to innovators are unfortunately even more rare. However, I'm happy to say that I've just read a book about understanding the future that should be read by anyone interested in foresighting, forecasting or scenario planning.

All your data are belong to us

RTI Innovation Advisors

I'm riffing today on an old meme - "all your base are belong to us" - the poorly worded alert in a game that was released years ago. The message was meant to inform the player that all of his or her bases were lost to the enemy.

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Assessing and Fostering a Culture of Innovation

Speaker: Magnus Penker, CEO & Founder, Innovation360 Group

Welcome to an interactive empowering session on how to sharpen your future through innovation management, which can help guide your company’s goals. During this webinar, Magnus Penker, international thought leader and author, will dive into how to assess and foster culture and capabilities for innovation.

Don't break the rules - become flexible and agile

RTI Innovation Advisors

I've read yet another good and insightful piece on success in digital transformation, which relies on an unfortunate metaphor - one about "breaking the rules".

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The music isn't in the piano

RTI Innovation Advisors

I was speaking with a long time colleague and trusted branding partner, Kevin Polonofsky from Revered recently about branding and marketing. We were specifically discussing the idea of training people to do specific tasks that they did not have time to do, or had no passion to do.

Understanding the innovation options in your business

RTI Innovation Advisors

I'm writing a series of blog posts to document some of the things I've learned in innovation along the way, over 15 years of leading corporate innovation work.

Why I still get my Netflix movies in the mail

RTI Innovation Advisors

I'm a movie junkie - I love movies. Old movies like Casablanca, or even new movies like John Wick 3. Can't wait to see what John Wick can survive in the third installment. I wore out a Blockbuster card back in the day when Blockbuster was a thing.

Data-driven or insights inspired?

RTI Innovation Advisors

As the phenomenon of digital transformation continues to unfold, we need to be wary of certain absolutes that will work their way into our language, our thinking and our consciousness.

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Learning to innovate in the IoT Age

RTI Innovation Advisors

Lately, many commentators are given to sweeping claims about seismic change. We are either in the 3rd or the 4th industrial revolution, depending on the commentator. It can be hard to keep up. However, where there is smoke there is often fire.

5 Product Traps - And Better Paths

Speaker: Johanna Rothman, Management Consultant, Rothman Consulting Group

Is your agile team overloaded with feature requests, with no time for discovery? Do your roadmaps read like impossible wish lists? Well, you’re not alone. It may seem impossible now, but what if we said that with a few changes, you could be meeting deadlines with the ability to predict progress with accuracy, be happy with your progress against the roadmap, and be making time for near-continuous discovery? Johanna Rothman has seen this all too often across many different organizations. She will take us through five common traps that agile product teams fall into – and likely you are in several of those traps right now. And good news - she has ways to avoid them!

Smart and connected devices change everything

RTI Innovation Advisors

In my last post I wrote about a big transition in innovation that will occur in the near future - when the tipping point is reached and most innovation is focused on smart, connected devices as opposed to dumb products.

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Ideas are easy, good ideas are hard

RTI Innovation Advisors

I'm writing a series of posts that examine some of my lessons learned after over 15 years of corporate innovation consulting.

Every idea needs a sponsor

RTI Innovation Advisors

As I noted yesterday, I'm writing a series of posts about what I've learned over the last 15 years of corporate innovation work. Yesterday I wrote about needing a "why and a how" rather than a "what" for innovation.

Making innovation your organizing theme

RTI Innovation Advisors

In my continuing series of posts about lessons learned from corporate innovation, today I'd like to expand on the idea of innovation language, and go even further. I'd like to riff on the idea of innovation as central, organizing idea in a business rather than an occasional distraction.

You need a why and a how, not a what, for innovation

RTI Innovation Advisors

I'm going to start a series of blog posts about what 15 years of innovation consulting has taught me. I'm happy to say I've learned a lot about innovation in corporations, and also somewhat excited to say I'm still learning, because the pace and nature of innovation is changing so rapidly.

What Users Want: How and Why to Build Knowledge into Your Product

Speaker: Nils Davis, Principal, NPD Associates

Usage data allows PMs, the product team, and the whole organization to make better decisions. Good usage intelligence gives you the ability to be smarter, more active, more decisive, nimbler, and to minimize risk. But what if you don't have that data - such as before you have users? Or, what if the right decision seems to fly in the face of the data you have? Or, what if your product offers more than just the standard features? To get deeper into these questions, Nils Davis asks, "What is the most interesting thing about Instagram?" (Because who doesn't like a product that Facebook paid $1 billion for when it had fewer than 50 employees and no revenue?) Nils will use the example of Instagram’s Filters to talk about how putting prebuilt knowledge in your product can change the way your product is used for the better - putting you in the company of most market-leading products. Finally, he’ll tie it all together by explaining how the way you interpret and use usage data can impact the way your tell your product’s story, and ultimately, how your users use your product.

Smart, fast, innovative and digital

RTI Innovation Advisors

Customer experience is about to undergo a significant transformation

RTI Innovation Advisors

I've been writing lately about the intersection of innovation and digital transformation, first because it is a very current topic and second because there are fascinating possibilities as innovation and digital transformation collide.

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Challenges when innovating smart, connected devices

RTI Innovation Advisors

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation.

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The conflict between digital transformation and speed

RTI Innovation Advisors

Just one more post about the importance of speed and agility and I'll leave this tired trope alone. It took over 50 years for a reasonable majority of US households to obtain landline telephone service.

11 Proven Ways to Turn Your Culture into a Culture of Innovation

Learn the 11 proven strategies that you can implement quickly to get every employee innovating and contributing to the growth of your company.

What problem is AI or ML solving for you or your customer

RTI Innovation Advisors

I wanted to write today about AI and ML, and take a day or two off from my recurring posts on lessons learned from many years of leading corporate innovation.

It's past time to reintroduce risk into corporations

RTI Innovation Advisors

I was on a conference call recently, discussing an upcoming keynote that I'll deliver to a academic-federal government program meant to accelerate new technologies from basic research into the market. We were talking about the "ecosystem" of contributors that can help move basic research from academia and research labs to market. One participant talked about the role that large corporations could play, and sometimes do play, in commercializing new technologies.

Understanding future conditions is vital to create innovative solutions

RTI Innovation Advisors

I'm just wrapping up another project that's focused on trend spotting and scenario planning, working to help a client company understand the emerging competitive conditions their business will face in the next 5-7 years. While foresighting, trend spotting and scenario planning are exceptionally valuable, many innovation projects simply ignore the benefits they can receive from doing this work. Instead innovators plunge in to create the products and services they believe customers need.

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Digital transformation: Pandora's box or cornucopia?

RTI Innovation Advisors

Digital transformation. Everyone from the CEO to the janitor understands that digital transformation is important. Every competitor is talking about what digital transformation will do for their business - create new revenues, cut inefficiencies and costs, discover new value in previously unremarkable data. Digital transformation is the latest management philosophy, like ERP or business process re-engineering or innovation that have come before it.

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Using Data and Messaging to Drive Product Activation

Speaker: Ruben Ugarte, Founder, Practico Analytics

Onboarding users is filled with possibilities and challenges. Not only are you showing the user how to use your product, but it's also a chance to connect with them and understand their needs. Of course, it’s crucial to have a good onboarding experience to drive your activation metrics. Quality onboarding is the first step towards turning a newly acquired user into a repeat user. If you're looking to optimize your onboarding to improve your activation metrics, this webinar is for you. Ruben Ugarte will be focusing on how to improve all aspects of onboarding experiences by understanding how your current onboarding process is stacking up, and giving you the tools to prioritize what to try changing. With improved onboarding, you'll see less drop-off and a happier user experience.

For interesting innovation, ignore your instincts

RTI Innovation Advisors

I've been around the block for a while, and every once in a while I'll tell the folks on my team who are younger than me what's likely to happen with a specific strategy or project. Since they are young and a bit wet behind the ears, it often comes as a surprise to them that I can predict with some degree of certainty what's likely to happen.

Digital Transformation, Data and Innovation

RTI Innovation Advisors

In my last post I tried to illustrate the importance (and the challenges) of data to digital transformation. This is often a complex and difficult idea for people to understand - why is "data" so hard? Why can't computer systems work more effectively?

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Digital Innovation meets As a service

RTI Innovation Advisors

For a while now I've been considering the impact of all the emerging digital transformation tools on innovation. Artificial intelligence, machine learning, IoT, blockchain and a host of other technologies will have a bit impact on how corporations conduct work and create new insights and new products and services.

Why digital transformation will drive business model innovation

RTI Innovation Advisors

As a follow up to my previous post about the intersection of digital transformation and innovation , I wanted to conduct a thought experiment to illustrate why the real impact of all the impending change from digital transformation and innovation will be business model related. While the implementation of new technologies is interesting and challenging, and creating new products and services is daunting, at least you can still do that primarily if not exclusively in your existing business model.

Project Analytics: Visibility that Aids Risk Management

Speaker: Miles Robinson, Agile and Management Consultant, Motivational Speaker

Product Managers face changes that put delivery at risk. Just as you use data from the customer to inform your solutions, transparency during the building of those solutions is critical for making better risk mitigation decisions. Whether your solution has fixed scope, fixed scheduling, fixed resources or fixed level of quality, the earlier you can know when these are at risk (and how) the better. The more clear the picture, the better you can understand the impacts of changes, and the more effectively you can deliver the solution the customer needs, when they need it, at a reasonable cost. This session will focus on the use of a One-Dimensional Product Backlog from a risk management point of view. We will show how this tool can be used to monitor and evaluate how your solution is getting built, and a clear view of any cascading impacts risks have as they surface.

At the digital transformation and innovation crossroads

RTI Innovation Advisors

I went to a meeting about innovation earlier this week with a former client and a discussion about digital transformation broke out. It was both interesting and strange at the same time. Most corporations are struggling to comprehend the changes in front of them, but at the same time are so fixated on short term thinking that they struggle to see the tsunami that is emerging just over the horizon. They know it's there. They know they should prepare.

What 2019 holds for innovation

RTI Innovation Advisors

I wrote my obligatory look back at 2018 article on innovation recently, so it is natural that we should turn our attention to where innovation will take us in 2019. In the 2018 review I made some disparaging remarks about Apple, which may or may not have caused it to lose a tremendous amount of market capitalization. Or perhaps the stock was overvalued and Apple has become more interested in margin than in innovation. I'll let you, gentle reader, be the judge.

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Language: the most challenging and trival innovation barrier

RTI Innovation Advisors

In my continuing series of lessons I've learned from 15 years of corporate innovation, I've tackled issues including the reasons ideas need sponsors , or why ideas are easy and good ideas are difficult. In this episode I'm going to talk about my experiences as a translator and interpreter.

What I'ved learned so far about digital transformation and innovation

RTI Innovation Advisors

Lately I've been drinking from the firehose. It seems every day there are new reports on digital transformation and innovation. My good friend and collaborator Paul Hobcraft is constantly reviewing new reports and creating insights of his own, which inundate me with more information.

Embedded Analytics, Everywhere

Speaker: Dean Yao, Director of Marketing at Jinfonet

What's the next big trend in analytics software and applications? You've probably used it without even knowing: embedded reporting and analytics. Software development teams more often now are embedding 3rd party analytics solutions into their products and applications to let them focus on other core areas of their software. They also want to provide what their users ask for: reporting and analytics from within the context of the applications they are already using. Dean Yao will talk you through powerful strategies and best practices in embedded reporting, dashboards and analytics that will add value to your products and applications while giving you an analytics partner you can rely on. Empower users with better data presentation and exploration for deeper insights into their data.

Getting the right question is half the battle

RTI Innovation Advisors

I return once again to one of my favorite sayings, by Stephen Covey, who said (I'm paraphrasing): sharpen the saw before you start cutting the wood. It's a really simple thought - do the right things to prepare before you start a big task, but we lose sight of what adequate preparation looks like in so many activities. There are several reasons for this. First, many corporate activities are second nature. We know how to do them by heart, so preparation feels like wasted time.

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Innovating when everything is "as a service"

RTI Innovation Advisors

I've been talking with a number of people who are more connected and smarter than me about digital transformation.

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Beware conventional wisdom in innovation and digital transformation

RTI Innovation Advisors

One of my favorite quotes comes from Shaw, who said that all change in life originate from unreasonable people. Reasonable people, he said, will accept the status quo and change their lives to adapt to the status quo. Unreasonable people won't. Unreasonable people force change rather than accept the status quo. So, he argued, all change is dependent on unreasonable people.

Innovating what we innovate

RTI Innovation Advisors

It finally came to me last week. For over a decade I've been working with corporations, trying to help them accelerate their ability to generate new, interesting ideas to market as viable products and services. In some instances we've been successful, and in other instances there were interesting failures. I've recognized for a while that some major challenges exist.

Living With Technical Debt: Balancing Quality and Perfection

Speaker: Cliff Gilley, The Clever PM

As a Product Manager, you probably have to deal with technical debt. Regularly. Whether you like it or not - because it can’t be avoided. Unexpected details pop up, as small as UX that needs clean-up, and as big as a previously unforeseen flaw in the infrastructure of a project. We have to accept that nobody gets away without some technical debt. And of course, the longer you take to deal with your technical debt, the more difficult it becomes to address fully. Feeling frustrated? Fortunately, we can take a step back, gain clarity, and see how the decisions we make impact our technical debt. Then, we can make decisions about how we want to balance technical debt with other priorities. Are we willing to live with some level of technical debt in order to ship product and meet deadlines? Can we mitigate technical debt to get to an MVP faster?