Making Agility Compatible For You

Paul Hobcraft

Is Agility compatible for many working in established businesses? “To To be agile” is often a badge of honor. Agility is today going far beyond just being responsive,it goes into constantly adjusting and being versatile, modifying to meet rapidly changing conditions. The challenge is to keep the stability but to build around it a more agile, dynamic set of capabilities. Everything is controlled, it has rules yet when disruption suddenly arrives, and it will, watch out.

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From end to end: why the union of Design Thinking and Agile has been so successful

mjvinnovation

Where DT can’t reach, Agile can compensate and vice versa. Agile: Make Tangible and build. Since you have a well-defined idea (through Design Thinking), Agile will clear a path towards your idea by removing obstacles that stand in your way. Agility is a mindset.

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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. And in practice, we combine three important ideas: design thinking, Lean Startup, and agile methodology. In this way, lean innovation and design thinking go hand in hand.

Leading with Lean Agile Principles: What the 2019 NBA Finals Can Teach Businesses About ‘Winning on the Rebound’

Qmarkets

This is where Lean Agile principles come into play. Keeping the Ball in Your Court: Understanding Lean Agile Principles. In our recent article on continuous improvement methods in the world of sport and business, we identified Lean as an approach that focuses on how existing resources can be used to amplify value while eliminating waste. A visual overview of the elements needed to sustain business agility. Lean and Agile principles complement one another.

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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

Lean Innovation doesn’t begin and end with product development. The most mature organizations deploy integrated lean innovation practices across the product lifecycle. Lean Innovation and Commercialization When applying Lean Innovation techniques to the commercialization process, companies identify areas of uncertainty around any aspects of product launch and commercialization. One of Amazon’s great disruptions in publishing was in book distribution.

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

Be-novative

Disruptive Innovation is not a linear process. Subscribe to our channel as more videos are about to come every 1–2 weeks: [link] Besides the stage-gate process that is perfect for supporting continuous improvement in a company, we need to adopt more agile techniques that builds on small sprints of design thinking, creativity enhancing techniques and lean startup methods adopted for the company’s innovation culture.

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Key Innovation Issues for the Time Ahead – Part 2

Innovation Excellence

Build Capability Digital Disruption Innovation Strategy Adaptability agility Business Model Innovation Circular Economy co-creation Co-Innovation Complex Adaptive System Coopetition Customer experience customer-centricity Design Thinking Disruptive Innovation Ecosystem Exploitation exploration Incremental Innovation Innovation Management Lean Innovation lean startup Organizational Ambidexterity Organizational Culture platform Platform Economy Strategic Portfolio Management Three Horizons

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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The first time a few brave corporate innovators tried to overlay the Lean tools and techniques that work in early-stage startups in an existing corporation or government agency, the result was chaos, confusion, frustration and ultimately, failure.

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15 most important Innovation Theories your company should be using

Idea to Value

Suggested viewing: 12 – Disruptive Innovation. Brought to prominence by Professor Clayton Christensen’s book The Innovator’s Dilemma , this important theory provides an explanation as to why large, established companies eventually get overtaken by smaller ones, and it introduced the concept of disruptive innovation. Most startups state that their aim is to be disruptive or to disrupt a specific industry.

The Lean, Hyper-Vigilant Organization: Reflections from Ignite 2018

Planview Spigit

That is, if the world is changing at an exponentially accelerating rate, per Shingles and Kurzweil, then each participant in that economy would in theory need to become hyper vigilant in detecting, making meaning of, and reacting to disruptions that might materially affect their business model. The number of disruptions would increase, exponentially. The post The Lean, Hyper-Vigilant Organization: Reflections from Ignite 2018 appeared first on Spigit.

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What if We Listened to All of Our Stakeholders?

Innovation Excellence

Change collaboration culture Customers Innovation Leadership Management agile Disruptive Innovation innovative thinking lean Strategy successFor the past year, I’ve been working with a Baptist minister, Rev. Jeffrey Brown, to help fund and scale his proven approach to violence reduction. Brown has spent the past 25+ years helping Boston and 21 other communities reduce violence. His TED talk tells the story about the The Boston Miracle — a 29 consecutive month period.

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Digital Disruption and How Businesses Can Best Leverage It

Qmarkets

At some point, digital disruption comes for every organization. While some companies might be flexible and lucky enough to ride a wave of disruption and survive , if you are able to predict and prepare for it accordingly you might be able to use it to thrive. Unless well planned and executed, digital disruption – the inevitable deluge of new tools and processes that is part and parcel of refining digital business processes – can be akin to managing a natural disaster.

Digital Disruption and How Businesses Can Best Leverage It

Qmarkets

At some point, digital disruption comes for every organization. While some companies might be flexible and lucky enough to ride a wave of disruption and survive , if you are able to predict and prepare for it accordingly you might be able to use it to thrive. Unless well planned and executed, digital disruption – the inevitable deluge of new tools and processes that is part and parcel of refining digital business processes – can be akin to managing a natural disaster.

Startup Engagement in Corporate Innovation

Integrative Innovation

There are distinct differences by industry: Financial service corporates are leaning towards Corp-Up (63%), One-off events (56%) and CVC (38%), media players towards CVC (80%) and Corp-Up (60%), and telecoms towards Corp-Up (57%) and incubators/ accelerators (56%). Recently, Match-Maker Ventures and Arthur D.

Why radical and disruptive innovation might not always be the answer

Ideanote

Isn’t there a risk of next radical or disruptive innovation blindsiding the company, potentially bankrupting the organization ? . In a world where the image of corporations are sluggish, start-ups are the fast and agile destroyers and the elusive “entrepreneur” is the new golden ticket. Think about Innovation methods like a lean startup and design thinking. Even disruption does not occur overnight. As a result, they have begun to disrupt the entire film industry.

Crisis Manager or Opportunity Manager? You Decide.

Daniel Burrus

Taking a different perspective, that crisis is a form of change or disruption coming from the outside in that has to be dealt with. No matter how agile you might be in putting out fires, constantly reacting to problems and issues is not only exhausting, it can become an unending cycle. You are in control of the disruption. Change from the outside in is typically disruptive in a negative fashion, something that has to be coped with as best as possible.

Becoming an Anticipatory Leader™: The Missing Competency

Daniel Burrus

Even organizations large and small have learned how to be lean and agile while executing a strategy at a high level. To thrive in this new age of hyper-technological disruption and change, it is imperative to learn a new competency: Becoming Anticipatory.

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Scaling Up Startups in Corporate Settings

Integrative Innovation

tapping into novel, occasionally disruptive, technologies or business models – most of which are not created inside the company walls. outsourcing’ uncertainty, particularly in early phases of radical/disruptive innovation activities. However, startup engagement is also increasingly used for tapping into entirely new markets or technologies as well as spotting disruptive innovation opportunities.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Recent research has confirmed successfully disrupting as well as outperforming companies to be significantly more engaged in business model innovation. Platform business models tend to affect – oftentimes disrupt – multiple industries over time.

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Incubation is the Hard Part Between Discovery and Success

The Inovo Group

A comprehensive incubation framework can be based on two complementary approaches – Lean Startup and Effectuation – along with other components that fill out the incubation system architecture. In digging further, they came to the realization that it was the stage-gate process itself (even with the new agile stage-gate modifications) that was the limiting factor. Lean Startup, for example, focuses on the Process and Mechanisms while Effectuation emphasizes Mindset and Behavior.

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5 Things Managers Should Know About Innovation (But Most Don’t)

Innovation Excellence

There is no shortage of pundits, blogs and conferences that preach the gospel of agility, disruptive innovation, open innovation, lean startups or whatever else is currently in vogue. Every business knows it needs to innovate. What isn’t so clear is how to go about it. It can all be overwhelming. The reality is that there. Innovation

Innovating: So What Is Possible?

Paul Hobcraft

Asking these questions offsets that attitude of simply accepting the established approach from the very beginning.Speed, scale and agility are required and many of our existing innovation practices do not adapt to these increasing demands. If we do we fail to ever achieve innovation that is truly a ‘breakthrough’ or ‘disruptive’ We should have aspirations, as humans we need these.

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Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

What is really important, however, is that the newly acquired skills also become an integral part of the corporation and penetrate into existing organizational structures through Lean Change experiments and viral infection. Many say they can not hear the word ‘disruptive’ anymore.

The sharks that prey are arriving a lot earlier now

Paul Hobcraft

We do know we need to re-equip ourselves for constant disruption; we are really beginning to see a shift from the classic bell curve into more of a shark fin for adopting change. Suddenly this ‘process’ is getting challenged by novel, agile, adaptive concepts stealing the growth out of ‘our’ markets. Change is all around us, it is accelerating not abating. Do you feel you are trapped, encircled and just a little concerned.

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Our inabilities to adapt needs changing.

Paul Hobcraft

It builds on the initial work of Eric Ries and his minimum viable product thinking within the lean startup thinking methodology. Based on the minimum viable product and lean start-up philosophy you are replacing internal intuition with the learning to iterate around your learning about market factors and what is valued and needed as innovations and adaptive business models.

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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

In the 21 st century it’s harder for large corporations to create disruptive breakthroughs. Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. Over the last decade, Intel missed two important disruptive trends. Which brings us to the fourth reason it’s harder for large corporations to offer disruptive breakthroughs: startups.

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. Polymers broaden out where ideas come from Cross-industry innovation customer development get-out-of-the-building thinking Lean management and innovation Steve Blank thinking differently for innovationWe all value those times when we can slip away from our desk, from the computer or phone and just simply step outside.

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. Polymers broaden out where ideas come from Cross-industry innovation customer development get-out-of-the-building thinking Lean management and innovation Steve Blank thinking differently for innovationWe all value those times when we can slip away from our desk, from the computer or phone and just simply step outside.

The Perfect Conditions for Entering A New Innovation Era in 2017

Paul Hobcraft

There is a time where each business has to become highly adaptive, agile, open and mutually dependent on others to deliver in this ‘connected’ world to exploit these conditions and explore the opportunities that will emerge. As we learn the value and power of these tools we become more fluid, more flexible and agile but equally more influenced. The Business Model seems to have a reduced shelf life, we are witnessing more disruption and transformation of existing formats.

Balancing Large and Small Firm Capabilities

Integrative Innovation

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. This focus, however, often hinders them to explore new businesses, to drive radical innvation and to respond to disruptive shifts in their environment. Mastering disruptive innovation in a large company requires: – different people.

Anticipate and Think Exponentially

Daniel Burrus

Therefore, it is time to turn accelerating change into an advantage by leaning to anticipate and think exponentially! My Anticipatory Model and methodologies are built on solid foundations, proven to be true when examining how predictable digital disruption is, and how identifying disruptions before they disrupt provides a major advantage over agile reactors to disruptions. Technology-driven change will continue to accelerate at an exponential rate.

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Is Innovation in pharma broken?

The Future Shapers

Incremental improvements are essential, but if companies aren’t realistic about what constitutes a breakthrough innovation and what not, they run the risk of being disrupted. But for a mobile app, for example, that connects patients with health care professionals, a more agile approach can and should be taken. The case is not about Pharma companies being disrupted either. Idea Management Innovation Lean Methodology

Reflecting on our innovation practices

Paul Hobcraft

Then, we have the investments in structures, systems, and governance , making sure these are flexible and robust enough to make what we work upon, as r esponsive, agile, adaptive, exploitative and exploratory.

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The Case for Dual Innovation

Tim Kastelle

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Accenture finds in their recent study that companies need to reassess their approach to innovation execution: Companies need to develop agile innovation operating models that enable companies to not only test new ideas quickly, but also absorb new capabilities and talent from other industries. Engine 2 efforts are disruptive and potentially game changing.

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Are you having fun riding the innovation waves?

Paul Hobcraft

The basics of engagement, leadership, involvement, in building a culture, the climate and environment needed to allow innovation to evolve, the constant investment in people, networks and relationships that need to come together and, finally the structures, systems and governance that are flexible enough to make what we work upon as responsive, agile, adaptive, exploitive and exploratory, to end up with great new things or concepts. [link] – riding-the-wave.

Are you having fun riding the innovation waves?

Paul Hobcraft

Then that constant investment in people, networks and relationships, that need to come together and, finally the structures, systems and governance that are flexible enough to make what we work upon as responsive, agile, adaptive, exploitive and exploratory, to end up with great new ideas, things and finally, winning successful concepts. [link] – riding-the-wave.

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work – the Minimal Viable Product

Steve Blank

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Best practices in software development started to move to agile development in the early 2000’s. Then came the Build-Measure-learn focus of the Lean Startup.

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Solving people’s innovation problems

ImagineNation

Whilst most of us know that organizational innovation involves making serious and significant change, what many of us are challenged by is how change impacts, affects and disrupts People’s four-core human structures: cognition, emotion, body and will , which is an innovation problem that organizations will need to learn how to solve.

The secrets behind building a Unicorn

Matthew Griffin

The billion dollar startup was once the stuff of myth but now they’re everywhere, backed by a bull market and founded on new, disruptive digital technologies and business models which make their speed of operation, rate of innovation and reach that much greater. They use lean, agile development techniques. This article was updated on Apr 29th 2015.

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

Moves the Needle

There’s a pervasive myth that suggests that all big companies need to get better at disruptive or breakthrough innovation. To start, they need to be closer to their customers, be more agile, act bolder. 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. Do we care whether the $90 million came from disruptive innovation? Lean Innovation

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Why Corporate Entrepreneurs are Extraordinary – the Rebel Alliance

Steve Blank

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. I’ve been working with Richard, a mid-level executive in a large federal agency facing increasing external disruption (technology shifts, new competitors, asymmetric warfare , etc.). Several pockets of innovation in his agency have begun to look to startups and have tried to adopt lean methods. Filed under: Corporate Innovation , Lean LaunchPad.

5 Things to stop doing to enable enterprise innovation

Moves the Needle

We’ve learned from the collapse of Kodak, Blockbuster, RadioShack and other once-prominent organizations that a corporate culture designed to uphold and manage existing success can actually become the arch nemesis of an enterprise that needs to be agile in order to evolve to meet the needs of quickly changing global markets. The world is becoming more transparent, more open, and unicorn startups are disrupting what it means to be a 21st-century corporation. Lean Innovation