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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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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been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated.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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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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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. Developing an Agile Strategy.

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

Daniel Burrus

Organizations that have adopted an anticipatory mindset and culture enjoy a variety of powerful advantages over those that rely on strategies that simply aren’t as effective as they once might have been. 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. The Place for Agility.

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Agility Levels the Playing Field. Anticipation Changes the Game.

Daniel Burrus

As is the case with so many traditional ideas and principles, the strategies that worked yesterday may only be holding you back today and tomorrow. 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.

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Use a Strategy Uncertainty Map to Find Clarity in Disruptive Times

Leapfrogging

Here’s the downloadable Strategy Uncertainty Map I developed as part of my work with Praxie.com. Some people think being agile is a mindset. If you have the right tools, anyone can both build agility into how you think and make it the foundation of your business processes.

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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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.). Strategy Driven, Execution Enabled Applications.

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Developing A Flexible Business Strategy

CMOE

Successful businesses certainly offer a product or service that their customers need, but they also have one other feature: the ability to adapt to an ever-changing business market and customer demands. Strategic flexibility can be and often is a great competitive advantage for companies.

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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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?

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

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.

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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104 Possibilities to Disrupt Your Brand Strategy

BrainZooming

A similar phenomenon applies to brand strategy. But all the while, competitors or market forces you may not even suspect are disrupting your place in the market. While success can breed success, it can also lead to blindness about the importance of trying to disrupt your brand strategy before something else comes along to topple your brand. 104 Possibilities to Disrupt Your Brand Strategy. 13 Exercises for Disruptive Business Strategy.

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.

Where speed, innovation, technology and strategy collide

Jeffrey Phillips

Impact on strategy and innovation What does this mean for two concepts near and dear to my heart - strategy and innovation? If strategy is a "plan of action designed to achieve a major aim" then what should our strategies look like as we encounter a competitive environment with little stability and a significant amount of change? We will need new strategy, and maybe even new strategic tools in order to operate under these new conditions.

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. Any company today is undoubtedly forced to rethink its digital strategy. 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. Therefore, many have already taken the lead and brought innovation to their core business, placing the customer, the most valuable asset, at the center of their strategy. Marketing

Strategy to Execution to enable Intelligent Enterprise

Rmukesh Gupta

All organisation have a stated strategy – one that they would like to execute on. However, most organisations are not able to execute the stated strategy, which leads to the organisation not being able to live up to its potential and deliver what they promise to their stakeholders. All of these need to be accounted for when the strategy is being defined or tweaked. . Each one of them will make decisions based on what they think is the strategy. Premise.

Do Your Internal Functions Have A Strategy?

Matthew May

A significant portion of my strategic facilitation work is with internal functions, a click or two below corporate and business unit strategy: marketing, human resources, purchasing, and even internal strategy groups. The good news is that internal functions have recognized the need to be strategic, even if it is because higher level strategies demand supporting strategies. The bad news is how many internal functions don’t think strategy applies to them.

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. It is not enough for leaders to share their visions, plans, strategies and the impact these are having on the business and their customers. These are the people who can see if the strategy and the plan is working as it should or not.

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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.

Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

A good Big Data strategy has to manage and analyze the exponential volume of information from social networks. How to create a good strategy. In addition to marketing, customer service is also supported by the results of this strategy. Agile

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.

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.

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

In this blog, we will share the additional ‘innovation assets’ that many companies are yet to include in their business innovation strategy. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend. Recent start-ups that have grown up, such as Facebook, Google and Netflix are hybrid cases, still youthful and on the warpath for new products and markets,while also owning huge lucrative businesses. Tart-up strategies.

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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Essential Strategies For Exceeding Expectations

Daniel Burrus

In today’s highly competitive world, it’s never been more important to exceed both personal and professional expectations. Here are some strategies you can use to do just that. Now, while you’re not going to release a product or service that isn’t, in your opinion, entirely market-ready, there’s a good chance problems will crop up at some point between a new product’s release and when you put its upgrade or next iteration out there.

How to Create a Product Strategy

Business Innovation Design

So you want to create a product strategy, but don't know how? What is strategy? Product strategy is a set of choices based on the positioning of attributes to achieve goals through a mechanism. Let's define what product strategy is not: Product strategy is not product design. Product strategy is not a business strategy. However, product strategy sits between business strategy and product design. 10 steps to create a product strategy.

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

In this blog, we will share the additional ‘innovation assets’ that many companies are yet to include in their business innovation strategy. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

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. Any company today is undoubtedly forced to rethink its digital strategy. 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.

Bringing strategy into the digital age

SnapStrat

With the explosion of advanced data analytics and ML/AI, strategy support was overlooked as the realm of consultants. Almost all business strategies are multi-dimensional with different imperatives around customers, products, geographies, capabilities etc. Therefore, these are often ignored in the decisions that link strategy and execution. Strategic decision-making must trade-off across multiple criteria if an organization wants to link strategy and execution.

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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.

3 Warning Signs Your IT Strategy is All Wrong

MSSBTI

Look for these 3 warning signs that your IT strategy is all wrong: 1. You are not seeing your IT strategy as a competitive advantage. Your IT strategy is no longer just a tool for back office operations, it is a key enabler to your business growth strategy and core to creating your competitive advantage. must be flexible and agile to support increasingly dynamic requirements as digital business models evolve.