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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. Lean Innovation doesn’t begin and end with product development. The most mature organizations deploy integrated lean innovation practices across the product lifecycle. What cultural characteristics effect marketing channels? Lean Innovation

Building Agility – Meta Skill that Organisations Need to Learn #FutureOfWork

Rmukesh Gupta

One of the key skills that organisations need to learn in a VUCA world is organisational agility. The only way that an organisation can build agility is when the flow of information is quick and as far as possible, unfiltered and bi-directional.

Agile 52

15 most important Innovation Theories your company should be using

Idea to Value

Suggested reading: 14 – Building a Culture of Innovation. What it is: Rather than a specific theory or methodology, this is a business impetus to make sure that the corporate culture actually encourages innovative behaviour, instead of stifling it.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

This requires companies to proactively or reactively innovate their business models in order to remain competitive. The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

This requires companies to proactively or reactively innovate their business models in order to remain competitive. The platform environment is mostly characterized by a tension between collboration and competition of the participating companies, often referred to as coopetition.

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Getting out of the Building, Going Cross-Industry for Seeking Out Radical Ideas

Paul Hobcraft

Industry borders are blurring, there are increasingly smaller, agile and highly disruptive companies working to change the existing into the new preferred. We all value those times when we can slip away from our desk, from the computer or phone and just simply step outside.

Solving people’s innovation problems

ImagineNation

Doing this enables them to affect the deep, powerful and positive changes that innovation requires: because they will deliver successful organizational change or reinventions, develop innovative organizations and achieve business transformations that result in increased competitiveness, growth and value. Adopting a fluid, culturally anchored, strategic and systemic approach that will develop People’s capacity to be adaptive.

How to enable Disruptive Innovation in an enterprise? [video included]

Be-novative

this will drive more disruptive innovation as a cultural change. The validation of the idea comes after based on business validation, customer validation and technology validation over a longer period of an agile innovation process where the team may experiment and learn week-by-week.

Video 52

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

Moves the Needle

Digital transformation is just as much about changing the company culture as it is about the technology. They are not agile. One way to combat this is to use the process of Lean Innovation to alleviate some of the uncertainty and guide the strategy based on evidence (data + insights). Culture comes out of structure. Lean Innovation

The fallacy of "modern" management when it comes to innovation management

Moves the Needle

His very lean progressive assembly process was the result. The Toyota Production System largely grew out of this dilemma, attempting to leverage the “leanness” of Ford’s production system is a world of increasing complexity and market differentiation. This is Lean Startup.

5 Excuses of companies that don't innovate (and how to overcome them)

Moves the Needle

We have the wrong culture.” “We What they need in order to be more competitive may or may not require technical innovation. To start, they need to be closer to their customers, be more agile, act bolder. A culture of entrepreneurship snowballs. At Intuit, MTN Co-Founder Aaron Eden started the snowball by running “LeanStartIN” workshops under the radar to teach lean startup to small handfuls of colleagues. At the core of Lean Innovation is customer empathy.

B2C 57

Becoming Real Innovators

Technology Created

As a father, I can tell my daughter many facts about riding a bike: put your foot on the forward pedal to start, look straight ahead, lean into the turn, steer to keep your balance. Why isn’t it deeply bred into the company’s culture where innovation would happen as a matter of course?

LEAN 55

5 Things to stop doing to enable enterprise innovation

Moves the Needle

Stop disincentivizing entrepreneurial behaviors and start promoting startup skills Failure is a necessary step on the way towards success and being afraid to fail is one of the most oft-cited reasons that corporate culture itself fails to produce breakthrough innovation. Lean Innovation

The secrets behind building a Unicorn

Matthew Griffin

If you want to stand a chance of creating a successful business in today’s increasingly competitive world then I’d suggest that you follow each of these seven themes zealously. They use lean, agile development techniques. They have an Innovation First culture.

5 Excuses of Companies that Don’t Innovate (And How to Overcome Them)

Moves the Needle

We have the wrong culture.” “We What they need in order to be more competitive may or may not require technical innovation. To start, they need to be closer to their customers, be more agile, act bolder. A culture of entrepreneurship snowballs. Culture Leadership Tactics

B2C 64

5 Things to Stop Doing to Enable Enterprise Innovation

Moves the Needle

Failure is a necessary step on the way towards success and being afraid to fail is one of the most oft-cited reasons that corporate culture itself fails to produce breakthrough innovation. Yet the predominant enterprise culture prevents and even punishes these bold behaviors.

Innovation That Transforms Us

100%Open

Organisations we’ve worked with – LEGO, Interface, Crisis and many others – have undergone a transformation from inward-looking and competitive to open-minded and collaborative. No amount of digital, culture change or training programmes will really cut it. Adam Timlett, PPL: Agile techniques produce turbulence and transform easier. Adrian Wong, Decidedly: What to use instead of Lean Startup in the B2B market. 100%Open Spring Union Report.

B2B 43

Why Corporations Need “Coopetition” with Startups

KindlingApp

Startup swami Eric Ries’ essential book The Lean Startup defines a startup as “a human institution designed to deliver a new product or service under conditions of extreme uncertainty”, which implies an essential element of innovation. Regardless of intent, though, “there's no denying that agile start-ups can and will out-innovate larger corporations,” at least according to the Australian venture capitalist Stuart Richardson. Innovation Culture

Here comes the hypenated innovation offering

RTI Innovation Advisors

This slight rant of mine was started when I saw a new software application talk about its ability to help its clients in agile lean innovation. Agile is a word adopted from software development, which is really just about stripping away a slow, steady development process replacing it with short "sprints" to complete a few features at a time. Lean is about stripping away unnecessary assets to focus on doing the most with the least.

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The sharks that prey are arriving a lot earlier now

Paul Hobcraft

One that is characterized by sudden, even violent success or an event, some moments of brilliant dominance, followed by a dramatic change in conditions as others have spotted the same opportunity and you hit a rapid decline, the race to the bottom of competition constantly negating one another.

Change 211

The wheel inbetween

The Future Shapers

In our competitive world of volatility, uncertainty, complexity and ambiguity, being good at innovation is more important than ever. This is the terrain of innovation specialists, often lean/agile proponents who try to school their clients in the ways of design thinking.

A Beginner’s Guide to MVP

etventure

The term has its origins in Silicon Valley, where technology companies battle to find ways to innovate faster – and gain competitive advantage. The Challenges of Waterfall vs. Agile: Many companies have a careful method of product development – that is deeply embedded in their culture.

Déjà vu all over again: Corporate innovation is stuck in a rut

The Future Shapers

Other established innovators are exploring how to move innovation decisions ever closer to the customer using agile processes, lean startup models and design thinking. They are morphing innovation from a somewhat nebulous but very segmented management process into a more free-wheeling, nimble and agile activity that anyone in the organization can master. Rapid, iterative incremental innovation will build a sustainable competitive advantage.

B2C 43

The 11 Bad Habits Killing Innovation in Your Company

Steve Blank

In fact, Bezos constantly adjusts Amazon’s culture to ensure that the company never slows down and loses its entrepreneurial and nimble approach to finding future business success. The latter requires speed and agility. That doesn’t mean you should completely ignore the competition.

Reinventing Education: How Innovation Techniques are Transforming Education

KindlingApp

These elements of innovation have revolutionized industry and given rise to a multi-billion dollar startup culture, so why not try them on education? The city of Amsterdam recently started to crowdsource solutions to innovating their school systems by setting up a competition where citizens can submit proposals for schools and vote online for favorites.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

It means changing the organisation itself, including its operations, culture, revenue model, and more”. We need to ask can this lead to disruption, ours and others for competitive advantage?

The Case for Dual Innovation

Tim Kastelle

Evaluating breakthrough innovation cultures and organization s, BCG concludes in their annual 2014 study: By definition, breakthrough innovation is the introduction of new ideas that drive a different way of doing things.

Survey 203

Successfully shaping Digital Transformation

ITONICS

The way how new business models evolve depends to a large extent on how companies adapt their established value-added processes and structures to environmental changes and on how they face competition. This will challenge your company’s culture and its willingness to embrace change.

Innovate to Learn: Innovation and Education

KindlingApp

These elements of innovation have revolutionized industry and given rise to a multi-billion dollar startup culture, so why not try them on education? The city of Amsterdam recently started to crowdsource solutions to innovating their school systems by setting up a competition where citizens can submit proposals for schools and vote online for favorites.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

It means changing the organisation itself, including its operations, culture, revenue model, and more”. We need to ask can this lead to disruption, ours and others for competitive advantage?

The Secret Ingredient to Operational Excellence Success

Qmarkets

Put simply, Operational Excellence can be defined as a management principle which encourages the discovery and implementation of incremental changes, with the objective of optimizing processes to achieve a competitive advantage. Make lean value streams flow from one process to the other.

LEAN 52

The Secret Ingredient to Operational Excellence Success

Qmarkets

Put simply, Operational Excellence can be defined as a management principle which encourages the discovery and implementation of incremental changes, with the objective of optimizing processes to achieve a competitive advantage. Make lean value streams flow from one process to the other.

LEAN 52

The Hypothesis-Based Approach: One Change To Make an Organisation More Innovative

Innovation 360 Group

Hypothesis-based Innovation and the Lean Startup. If the hypothesis-based approach to innovation looks familiar, it’s most probably because it is closely tied in with two of the principles of the Lean Startup by Eric Ries. Through rapid and incremental iterations, startups grow more innovative, agile and disruptive. Given the new normal of hyper-competition and economic uncertainty across the globe, firms have a better chance of survival using the hypothesis approach.

LEAN 40

Why do innovation programs fail

hackerearth

Setting up a lean but motivated central team that drives various innovation programs across the organization is critical for success. Agility is not an option. Collaboration is the new competitive advantage. Risk-averse culture.

Digital Disruption and How Businesses Can Best Leverage It

Qmarkets

Get Lean: One of the most important factors when it comes to combating disruption is flexibility. It is important for all companies in this day and age to maintain lean and agile methodologies to ensure that they are flexible enough to adapt to any change which comes their way.