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What Is An Innovation Sprint And Why You Might Need One?

Innovation Excellence

Created by Google, the framework has been a game changer for people working in the world of digital products, but now it is being widely adopted by FMCG companies who have to act and operate with far more agility than ever before. Instead of taking years to develop, test, and launch a new product, companies now have months.

article thumbnail

What Is An Innovation Sprint And Why You Might Need One?

Innovation Excellence

Created by Google, the framework has been a game changer for people working in the world of digital products, but now it is being widely adopted by FMCG companies who have to act and operate with far more agility than ever before. Instead of taking years to develop, test, and launch a new product, companies now have months.

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How internal innovators win the game

Innovation Excellence

That said, mathematically, you further multiply your options for innovation if you also fall in love with other problems. So a great exercise is to brainstorm multiple problems to solve by looking at the entire industry. At the end of that exercise you get an appreciation of the nearly infinite field of innovations available to you.

article thumbnail

How internal innovators win the game

Innovation Excellence

That said, mathematically, you further multiply your options for innovation if you also fall in love with other problems. So a great exercise is to brainstorm multiple problems to solve by looking at the entire industry. At the end of that exercise you get an appreciation of the nearly infinite field of innovations available to you.

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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

More agile competitors are starting to eat into our business. How can we restart our innovation culture?”. What Drives Innovation? As I sat with Bob and his innovation team, I realized that all of Acme’s new product innovation initiatives were being held to the same standard as those of existing products.

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Future Trends 2021: Purpose & Co-creation

Be-novative

USA’s fitness industry alone is estimated to worth $100 billion and all-in-a-sudden it has shifted into a virtual world which rewards those companies that have been able to quickly adapt with updated fitness apps and virtual exercise classes. It is not so trivial, though. ACCELERATORS?—?Within

Trends 52