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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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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Why Agility Cannot Stand Alone

Daniel Burrus

When the competition launches a new product, how you react says a lot about you as a professional and your company as an organization. This is called agility, and we often utilize agility to change directions and head the competition off at the pass.

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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been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated.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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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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Significance over Success. Innovation over Change. Anticipation over Agility.

Daniel Burrus

The goal should be longevity and significance over success , not merely one big payout and coasting down a hill, using reactionary mindsets and agility as needed to dodge obstacles while you coast.

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Agility and Anticipation, a Tale of Two Business Strategies 

Daniel Burrus

When the competition launches a new product, how do you react? In short, you use agility to change directions and head the competition off at the pass. Put them in context with the concept of agility. Agility doesn’t allow you to innovate and jump ahead of the competition. Did Kickstarter become a dominant force in the growing crowdsourcing industry because it was agile? Was agility the driving force bhind Facebook’s dominance in social media?

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6 Agile Transformation Challenges Facing Post-Pandemic Leaders

Planview Blog

One thing has become clear for organizations in this pandemic era – change is hard, and if you don’t have a transformation plan, you’re more likely to fall victim to one of these common Agile transformation challenges. Read Next: 9 Agile Transformation Metrics for Executives to Watch.

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Agile Strategy – 16 Strategic Thinking Questions to Explore Disruptive Innovation

BrainZooming

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. Along with the recap, Inside the Executive Suite offered sixteen strategic thinking questions inspired by the Fanatics case study that you can use to explore agile strategy options within your own organization. Developing an Agile Strategy.

How Supply Chain Analytics Enhance Innovation, Transparency & Agility

Cascade Strategy

Using traditional supply chain execution strategies is getting increasingly onerous due to a jumble of various software systems, price challenges, and ever-increasing consumer demands.

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?

Discover how Agile revolutionized MJV Marketing

mjvinnovation

By dealing with requests from several sectors of the company, acting as an internal agency and executing the entire marketing strategy, the prioritization of demands was always complicated. An Agile Coach for Agile Marketing. Our perception on the benefits of Agile.

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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.

Agile 52

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. Being agile would not have helped.

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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. Agility. Agility serves an important role helping companies react quickly to unforeseen change. The biggest advantage to an agile organization is that they can react faster than their slower competitors.

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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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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.). Achieving these objectives required a fundamentally new architectural approach focused on agility and integration.

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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.

Developing A Flexible Business Strategy

CMOE

Being able to quickly adapt operations to these changes is an important part of any highly successful business strategy. Strategic plans need to be flexible, agile, dynamic, and built on processes that can change with the evolving needs of your business and its customers. Strategy

Hindsight from 2020: Strategies for the New Normal

Daniel Burrus

These days, you can find a slurry of memes and motivational graphics on social media alluding to the concept that you must always beat out your competition in business. Seek Advantage Instead of Competition. Contrary to competing, a better strategy is to seek advantage.

The Secrets to Making Open Innovation Projects Work

InnovationManagement

Open innovation often requires global teams with national culture differences to work together, which presents some challenges. Here’s how to navigate them. The post The Secrets to Making Open Innovation Projects Work appeared first on InnovationManagement.

The power of agile innovation

Wazoku

Innovation agility enables reduced times to market. Adopting more agile working practices and allowing for more decentralised innovation, engenders innovation more holistically across the organisation – and this can have significant benefits. In a survey by Ernst and Young of 100 board members from FTSE 350 companies, 86% said that culture was fundamental to their company’s overall performance and strategy, and 92% said that investing in culture improved their financial performance.

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Building a Culture that Thrives on Innovation Agility

Innovation Excellence

We are living in an age of disruption, where changes are accelerating making innovation a strategic and systemic necessity and competitive lever to ensure your organization's survival and sustainability. Living now in what Daniel Pink describes as “The Conceptual Age” our attention needs to be on both enhancing creativity, agility and in developing customer empathy.

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Digital Transformation and Its Impact on New-Product Management for Manufacturers

InnovationManagement

In-Depth Article Life Cycle Processes Strategies Training & Education agile development agile-stage-gate case study competitive advantage development process digital transformation hardware Ideation in-depth article Product Development R&D software stage gate

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. 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. To help you stay ahead of disruption, here are 104 possibilities to do the work to disrupt your brand strategy yourself instead of letting another party do it for you.

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

Any company today is undoubtedly forced to rethink its digital strategy. The Chinese are good at blurring the boundaries, in this case between strategy, organizational boundaries and execution. part Image credit Knowledge @ Wharton.

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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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.

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

Collaboration is the new competitive advantage

IdeaSpies

In 1985, a relatively unknown professor at Harvard Business School named Michael Porter published a book called Competitive Advantage , which explained that by optimizing every facet of the value chain , a firm could consistently outperform its competitors.

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.

The Cascading Innovation Effect.

Paul Hobcraft

If you insist on innovation that only ‘maps’ back to the innovation strategy, you drive out an awful lot of entrepreneurial energy, you miss many a potential innovation that might have been your next blockbuster. Visual source; [link].

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

Idea to Value

Start-ups are more agile because fewer people decide. The mindset of competition and customer satisfaction in known areas is different from that of creating new business models. To survive and thrive established companies have to choose between two sets of strategies – tart-up or start-up. Tart-up strategies. Tart-up strategies assert that a fix is definitely in order but it doesn’t have to be a big change. Start-up strategies.

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. This idea seems a confluence of applying both my Anticipatory Organization Model™ as well as the agile model of product development to your perception of customer expectations. Announcement Anticipating the future Business Strategy Daniel Burrus Strategy Technology

Complacency Stunts Innovation

Daniel Burrus

Agility Without Anticipation. Rather than thinking and acting in an anticipatory manner, complacency poises you to be agile and reactive, protecting and defending from behind.

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

Any company today is undoubtedly forced to rethink its digital strategy. The Chinese are good at blurring the boundaries, in this case between strategy, organizational boundaries and execution. part Image credit Knowledge @ Wharton.