Building an Agile & Innovative Organization

Idea to Value

To get the outcomes the executives are expecting from innovation, they’d need to build an agile organization where innovation happens at scale. So, what is it exactly that makes an organization innovative and agile? Key Principles of an Agile and Innovative Organization .

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Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. Iterative, agile approach.

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How to be More Agile as Competitive Advantages Fade

New Markets Advisors

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time. While the value of leveraging your organization’s competitive advantages isn’t gone, it is diminishing. The breadth of its user base is certainly a competitive advantage.

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Discover how Agile revolutionized MJV Marketing

mjvinnovation

The above quote is just one of the numerous motivational phrases scattered in frames here at MJV Marketing. Our marketing team has grown a lot over the years. MJV Marketing: A World of Challenges. An Agile Coach for Agile Marketing. New marketing at MJV.

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Are You Doing Agile Right?

Leapfrogging

What is the Agile Innovation Process, and what are best practices, tools and online templates for teams and organizations? Today, everyone wants to be agile. It’s seen as sexy and cool to be agile, but most people don’t know what the term really means. Still, concepts like agile design and agile software development have taken over the popular zeitgeist recently, and businesses are looking for ways to develop the agile mindset at every possible opportunity.

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Collaboration increases market agility

Xinova

“The complexity of getting products to market and the speed of which they’re trying to get the products to market is decreased,” – Michael Keer (@PRG_Mkeer), CEO, Product Realization Group. Because of that, said Keer, you must collaborate in order to stay competitive. Keer’s rationalization is that getting a product to market, particularly physical products, takes […].

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Design Thinking, Lean Startup, Agile? There is a Bigger Thing Happening

Leanstack

In this post, Alejandra shares her perspectives on when and how to incorporate lean, agile, and design thinking into your product lifecycle. To me the question isn’t which (Design Thinking, Agile or Lean Startup) is the best?

Agility: Tanker, Speedboat, or School of Fish?

Huub Rutten

This blog is about agility. The word “agility” is used a lot in the world of management, especially the world of innovation management. Company transformations are promoted and sold with the promise to make the company more agile, whatever that may be.

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Agility: Tanker, Speedboat, or School of Fish?

Huub Rutten

This blog is about agility. The word “agility” is used a lot in the world of management, especially the world of innovation management. Company transformations are promoted and sold with the promise to make the company more agile, whatever that may be.

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Agility: Tanker, Speedboat, or School of Fish?

Huub Rutten

This blog is about agility. The word “agility” is used a lot in the world of management, especially the world of innovation management. Company transformations are promoted and sold with the promise to make the company more agile, whatever that may be.

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Collaboration increases market agility

Xinova

“The complexity of getting products to market and the speed of which they’re trying to get the products to market is decreased,” – Michael Keer (@PRG_Mkeer), CEO, Product Realization Group. Because of that, said Keer, you must collaborate in order to stay competitive. Keer’s rationalization is that getting a product to market, particularly physical products, takes […].

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Agile Coach: What is the role of this professional?

mjvinnovation

In this article, you will see what exactly agile coach does, what benefits it can bring and how to take it to your company. What an Agile Coach does within an Agile team. The Benefits of an Agile Coach for Your Organization. Skills of an Agile Coach. Agile

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Next Generation Technology for the Agile Enterprise

SnapStrat

For example: How to allocate marketing spend across products, geographies, and customer segments to different marketing programs/channels in order to best optimize a marketing strategy. What marketing or pricing offers to make different cohorts of customers based on the specific strategy for the context of that customer (segment, product relationship, geography, etc.). These decisions are critical to agile enterprises yet often have the most fragmented technology.

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Agility Levels the Playing Field. Anticipation Changes the Game.

Daniel Burrus

To jump ahead with both confidence and lower risk, you will need more than agility. Reading about how others approach the global market can be equally intriguing and frustrating. What was number one on the list of attributes central to effective global market leadership? Agility. Agility serves an important role helping companies react quickly to unforeseen change. Agility without learning to Anticipate has trouble doing that.

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Future-proof Companies: Combining Agility with Ambidexterity

Integrative Innovation

Both capabilities may exhibit some overlap, yet can basically be considered independent from each other: a company can be highly agile while lacking ambidexterity and vice versa.

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4 Ways Agility Protects the Status Quo (And 5 Reasons Anticipation is Better)

Daniel Burrus

Agility is one such strategy—the often vaunted capacity to react to change as quickly as possible to address problems and changing market conditions. Does that make agility an extinct dinosaur? Why Agility Is No Longer Enough. Agility needs to be balanced with a new key strategy—becoming #Anticipatory. Countless organizations have long prized agility as the best way to deal with the speed of change and disruption. Being agile would not have helped.

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Developing an agile innovation strategy

Idea Drop

Agile project management involves dividing tasks into short phases of work, or ‘sprints’, with continuous reassessment and adaptation of plans. Stemming from the word agile, meaning to move quickly and easily, it is no surprise that such a methodology goes hand in hand with innovation. Yet this discernible link is too often overlooked and it is exactly this refusal to acknowledge the compatibility of innovation and agile processes that frequently leads to innovation failures.

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The power of agile innovation

Wazoku

Just a few examples of high-profile market leaders that publicly attribute their ongoing innovation successes to their commitment to digital experimentation. Innovation agility enables reduced times to market. The result of this is that even organisations that have survived still take too long to get new ideas to market (68% of UK corporates take just as long to get new solutions to market as they did five years – Accenture ).

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

The folks at Armada Corporate Intelligence profiled a Bloomberg Businessweek story on Fanatics , the sports apparel manufacturer and marketer, in its Inside the Executive Suite. Fanatics introduced disruptive innovation to its marketplace with an agile strategy. It also uses its agile strategy to market apparel for niche opportunities where it might sell as few as ten t-shirts. 16 Strategic Thinking Questions to Explore Agile Strategy and Disruptive Innovation.

Product Market Fit: is your product what the market is looking for?

mjvinnovation

What is Product Market Fit? The source of competitive advantage is disruption, and whoever manages to survive it will differentiate themselves within the invisible hand of the market. That’s where Product Market Fit comes in. How to identify the Product Market Fit?

Agile Mindset: How to Use Sprints to Streamline Projects

mjvinnovation

Keep reading to see how successful executives are achieving results in their everyday business through incorporating agile methodologies like SCRUM! The agile mindset. Before we get into the agile mindset, we need to remember that it is linked to Agile Philosophy. Agile Philosophy came from the Agile Manifesto, when a small group of people got together in 2001 to discuss their feelings about the traditional approach to project management for software development.

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What are the new marketing roles?

mjvinnovation

No matter what segment of the market your company operates in, marketing is experiencing a revolution right now. In this article, we will shed some light on the new roles of Marketing. Marketing far beyond customer attraction and retention. Marketing

Times of change: 5 business trends to stay competitive

mjvinnovation

The following five business trends will help you stay competitive. Agile Practices. Agile practices are being used more than ever in organizations of all industries, sizes, and markets. Agile practices are approaches that were created to accelerate and improve quality in application development. Several agile methods and practices can be applied to businesses. Agility.

Agile Sprint: how it brings efficiency to your business

mjvinnovation

Agile practices transform business in multiple directions, providing powerful models of product and service creation, project management, and much more. In this article, you will understand what agile practices are, what benefits this approach offers to your company. You’ll also understand how Sprint’s approach, derived from Agile, can boost results. What are Agile Practices. And they are employed in areas such as IT, HR, Marketing and Sales, among others.

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How agile practices can solve remote team management problems

mjvinnovation

In this article, you will reflect on the challenges of remote team management and how agile practices can help you make the transition efficiently. Agile’s best practices to manage your team remotely. Sprints are the key to managing an Agile team.

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Marketing Mix Modelling: Maximizing the Impact of Marketing Spend

Acuvate

Marketing teams in most CPG organizations mostly use primary and secondary research data available, to optimize their marketing strategy. While this is important, you may be missing an important piece of the puzzle if you’re not taking into consideration the effectiveness of your marketing outreach too. A holistic and effective marketing strategy would also measure and track parameters like: The type of media used. Marketing Mix Modelling Solution – Compass.

10 Excuses for Not Developing Strategic Agility

The Human Factor

In today’s warp-speed business world, strategic agility – the ability to move fast with flexibility and focus – is no longer a competitive advantage. If your organization can’t adapt on the run without losing sight of winning, your competition will soon be looking at you through their rear-view mirror. Afterwards, many of the questions posed to me have to do with how to develop more agile organizations that can respond quickly to changing market conditions and customer needs.

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How Innovation Marketing Helps Disruptors Launch New Products

Tullio Siragusa

How Innovation Marketing Helps Disruptors Launch New Products. Innovation marketing is a discipline that encompasses activities and novel processes to introduce and deliver entirely new products. This includes research into the needs of customers, concept and prototype tests with customers, and developing plans on how to market these new products in a saturated market. Many successful entrepreneurs have embraced the concept of integrating innovation in marketing.

Agile Methodologies: learn how Scrum can add value to your business

mjvinnovation

It is the ideal tool to increase productivity and efficiency, and it can be implemented in different business markets. Aiming to anticipate a project’s unpredictability through interactive cycles and regular adjustments, this agile tool ensures that the effort employed and the deliveries made are in balance with the goals set for the project. Adding value through agile methodology. Agile

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China the story of innovation and disruption.

Paul Hobcraft

The effect has been on changing the way we go about our lives and attracting risk capital from venture capitalists, as this has become a tech-driven bull market. part Image credit Knowledge @ Wharton.

8 insights to retain customers in the financial and insurance market

mjvinnovation

These companies are always looking to be first, occupying the forefront of their market. Remember that agility of adaptation is the only way to guarantee: Sustainable competitive advantage Maintained productivity Progression of the business continuity plan. Marketing

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. They are the ones who see how is the competition is reacting to the strategy or what the customers and prospects are talking about, which could potentially be turned into a product or a service that can be the next block buster.

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Digital Disruption: In search of market leadership

mjvinnovation

Digital Disruption has had a major effect on the agendas of CEOs around the world because of domestic digital generations and because of the GAFA (Google, Amazon, Facebook and Apple), companies that have revolutionized the entire market using 100% digital solutions. Want to know more about Digital Disruption as a market practice ? Digital Disruption is a market practice that seeks to generate value on top of the obsolescence of the industrial business model.

5 Steps To Structure A SaaS Marketing Team In 2021

The Human Factor

This team-building drill becomes harder when you are recruiting your SaaS marketing team. This will ensure you have a comprehensive team that is equipped to support every facet of the marketing needs of your SaaS company. . 5 steps to structure a high-performance SaaS marketing team.

How Being Agile Can Help Your Company Win In The Post-Covid Economy

Planbox

A proven way to do this is through the agile process. First created in the software industry around 20 years ago, the agile methodology is widely seen as the innovation engine that drives Silicon Valley’s success, and it has now been adopted by many companies beyond the tech sector.

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The Cascading Innovation Effect.

Paul Hobcraft

We need to encourage bottom-up innovation, those close to markets, the raw ideas and who can make more connections than those far removed. Consistency needs to be fluid, flexible, aligned and being agile in innovation – that’s the new target performance standard needed.

Bringing User Centered Design to the Agile Environment

Boxes and Arrows

I had worked with SCRUM before, done training with Ken Schwaber (author 1 and co-founder of the Agile Alliance) and knew a few things from experience about how to achieve some success integrating a design team within SCRUM. I am not anti-Agile although I’ve been bitten a few times and feel trepidation when I hear someone singing its praises without having much experience with it. Where did Agile come from? Agile can be thought of as a risk-management strategy.

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China the story of innovation and disruption.

Paul Hobcraft

The effect has been on changing the way we go about our lives and attracting risk capital from venture capitalists, as this has become a tech-driven bull market. part Image credit Knowledge @ Wharton.

The Cascading Innovation Effect.

Paul Hobcraft

We need to encourage bottom-up innovation, those close to markets, the raw ideas and who can make more connections than those far removed. Consistency needs to be fluid, flexible, aligned and being agile in innovation – that’s the new target performance standard needed.

Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition.

Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. The Digital Banking Platform Market is expecting growth at a CAGR of 11.2%

How to grow faster than the market average

hackerearth

According to McKinsey’s , across all dimensions, the most significant differences between top growers and their peers were in data and analytics, developing products and services, and company processes, such as agile work environments, cross-functional collaboration, and colocated teams . This can be achieved by the effective research into markets and competitors. . Helps identify trends to stay competitive.

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What This Video Of A Drone Fishing For Tuna Can Teach You About Disruption

Faisal Hoque

Here’s what an agile mind-set’s made of. When someone comes out of left field with an idea that turns your market sideways, how are you going to get your whole organization to adapt on a dime? AGILITY: IT’S ALL IN YOUR HEAD. HOW TO PRACTICE AGILITY.

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