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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

Most commonly, traditional project management will continuously track how well a project is progressing and report this to management on a regular basis, while also having set milestones with dates where the status of the entire project can be reviewed. Unfortunately, innovation projects usually have none of the above criteria.

Project 241
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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. Where design thinking ends, Lean Startup begins.

LEAN 105
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How fintechs forced banks to rethink their user experience

mjvinnovation

In today’s age, where customers have easy access to research and reviews at the touch of a button, companies need to show their audience that they are genuinely there for them. Over the past 15 years, we have been hit by intense and rapid technological changes that have transformed everyday life. The same goes for banks.

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Applying lessons from pandemic prepared schools

Christensen Institute

A mission-driven, agile culture that prioritized relationships was also a common feature of prepared schools. As I reviewed the Prepared Project’s recently-released findings , I was struck by how the critical factors that seemed to help schools weather the tumult of the last two years resonate with the Institute’s innovation theory.

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What is Digital Transformation in Business and Why is it Important?

Moves the Needle

Digital Transformation (also known as “DX”) is the phenomenon that virtually all companies are incorporating digital technology at some level. In fact, it has been around since the 1990s, when technology started to become commonplace in businesses, and email and the Internet emerged as ubiquitous productivity tools. They are not agile.

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Open Innovation: definition, what types and benefits

mjvinnovation

In his book, Open Innovation: The New Imperative for Creating and Profiting from Technology (Harvard Business School Press – 2003), researcher Henry Chesbrough coined the term Open Innovation. Usually, this happens with the incorporation of technologies developed by other companies. The open innovation concept.

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The Perfect Conditions for Entering A New Innovation Era in 2017

Paul Hobcraft

There is the shift to more open-sourcing, the profound shifts that technology and digital transformation is having upon all our worlds is allowing a very different “connecting” innovation to come into play. We have seen an amazing transformation in how we socialize through the use of technology and the smartphone.