Leapfrogging

APRIL 25, 2022

We want to be the OpenTable of X” (with X referring to a market outside of dining) became a familiar phrase in Silicon Valley following the company’s market success, and remains so today. Even though this was over 20 years ago, OpenTable’s “backstory” demonstrates tried and true practices for innovators that remain important today.

Innovation 130

Innovation System LEAN Agile 130

Qmarkets

MARCH 27, 2024

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

Innov8rs

MARCH 17, 2024

In response, a solution is to invest in growth initiatives that are developed and incubated externally, as a “Venture NewCo” that operates with startup agility, and then to eventually integrate successful ventures back into the core business. Let’s explore how that works in practice.

Agile 40

Agile Disruption Guidelines Resources 40

Planview

JULY 15, 2022

The paper outlines six key practices for accelerating new product development and innovations based on examples from companies representing various industries. However, our discussion with Dr. Cooper mainly focuses on three of those six practices: Effective Portfolio Management Lean Development Agile Stage-Gate.

Product Development 52

Product Development Agile LEAN Survey 52

Jeffrey Phillips

NOVEMBER 11, 2021

Note that what my clients are asking for is to create an innovation capacity that outlasts a product need, or market gap, or executive team member. After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move.

Innovation 157

Innovation Culture Training Project 157

Innov8rs

JANUARY 16, 2023

What needs to change (and what doesn’t) when it comes to bringing new products, services, and business models to market in 2023? During The Innovator’s Handbook 2023 launch event, we discussed these topics with Tom Waller (Senior Vice President of Innovation at adidas) and Tiffany Vasilchik (Chief Growth Officer at Board of Innovation).

Innovation Management 52

Innovation Management Design Management Agile 52

Integrative Innovation

MAY 3, 2014

The resonance to my recent post on integrating Lean Startup and Design Thinking features to a combined process has been stunning. Interestingly, it looks like others support the idea of balancing and combining elements of both innovation approaches, too. It really seems to have hit a nerve!

LEAN 96

LEAN Design Thinking Innovation Design 96

Paul Hobcraft

JULY 5, 2017

Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition. It is often an environment that we must encourage to become a ‘feeding frenzy’ of experimentation, learning and being adaptive, fluid and agile.

Innovation 179

Innovation Design Agile System 179

Paul Hobcraft

MARCH 27, 2018

We need to short-circuit our innovation development process, we must have as much visibility (and controls) into our value chain, we need to develop a riskier mindset to explore, validate and experiment to bring our products and services to market.

Innovation 186

Innovation Radical Innovation Design Big Data 186

Tim Kastelle

MARCH 7, 2016

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

InnovationTraining.org

DECEMBER 12, 2022

What is the difference between design thinking and agile methodologies? What is the difference between design thinking and Lean UX? This may involve leading design thinking teams, facilitating workshops, and developing innovation processes and strategies. What is the difference between design thinking and Lean UX?

Design Thinking 74

Design Thinking Design Underperforming Technical Team Ideation 74

InnovationTraining.org

AUGUST 30, 2021

” This guide takes readers through the process of bringing new solutions from the drawing board to the market itself by acknowledging that innovation is a team sport that requires everyone to play with skill, inspiration, and team spirit. The Lean Startup. Find it here. Find it here.

Innovation 97

Innovation Tips Design Thinking LEAN 97

Moves the Needle

OCTOBER 4, 2018

Action: In order to determine a plan of action, we met with their Bom Negocio leadership team in Brazil to discuss a number of items: How frequently they were interacting with customers, How long it has been taking to bring products to market, How important business decisions were being made: were they typically made based on evidence?

Groups 45

Groups Case Study Underperforming Technical Team LEAN 45

Gregg Fraley

AUGUST 22, 2018

Poor knowledge of innovation process, approaches and frameworks. How can you innovate if you don’t actually know how it’s done? Maybe that’s one reason why 94% of managers are unsatisfied with innovation performance? It’s not enough to know a market white space.

Training 48

Training Idea Generation Innovation Creative Thinking 48

Paul Hobcraft

JULY 6, 2016

I know the feeling, there has been such a considerable investment that has gone into previous innovation processes to get them established but much of this is actually out of date, it has become today a real ‘legacy’ issue but there is, of course, a real reluctance to challenge it. Well you should! If not, what is holding them back?

System 113

System Innovation Design Agile 113

Fehmida Kapadia

JANUARY 3, 2018

We have started integrating the agile and lean methodology (popularized by the IT industry) into our waterfall methodology (popularized by the manufacturing industry). The key tenet of agile and lean development is to quickly and iteratively build?—?test?—?learn. The Design Thinking Methodology of Empathy?—?

Engagement 40

Engagement Tools LEAN Design Thinking 40

Paul Hobcraft

JULY 6, 2016

I know the feeling, there has been such a considerable investment that has gone into previous innovation processes to get them established but much of this is actually out of date, it has become today a real ‘legacy’ issue but there is, of course, a real reluctance to challenge it. Well you should! If not, what is holding them back?

System 113

System Innovation Design Technical Review 113

Moves the Needle

OCTOBER 20, 2022

Strength might come from technology invention, distribution, raw materials, or dominance in a particular market. Guardrails that define your sandbox are established broadly by the markets you’re already in. In the uncertain world we live in today, existing core markets shift more rapidly than in the past.

How To 40

How To Trends Marketing LEAN 40

Be-novative

DECEMBER 12, 2018

The validation of the idea comes after based on business validation, customer validation and technology validation over a longer period of an agile innovation process where the team may experiment and learn week-by-week. Read Fortune2000 innovation success stories in our free ebook.

Video 40

Video Disruption How To Agile 40

mjvinnovation

APRIL 11, 2019

We could summarize open innovation as the use of inflows and outflows of knowledge to accelerate internal innovation and expand markets. Keep reading to understand in depth what open innovation is and how it can be used in your business! The open innovation concept. In this article, we go further.

Open Innovation 40

Open Innovation Technical Review Innovation Innovation Processes 40

Gregg Fraley

MAY 1, 2018

For results, leaders need to foster innovation fundamentals and integrate them into organizational culture. More structure is needed as fundamentals take hold, and that means an innovation process framework. This series of posts on innovation fundamentals is not about frameworks.

Innovation 70

Innovation Culture Creative Thinking Design Thinking 70

Paul Hobcraft

FEBRUARY 24, 2017

We fail to constantly review and re-engineer the innovation process and tend to layer more upon it, without a consistent reassessing what we are trying to achieve. The excitement of ‘breaking innovation’ is in the pioneering, experimenting, discovering, sharing and exchanging.

Technical Review 175

Technical Review Innovation System Change 175

Gregg Fraley

AUGUST 1, 2018

Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). Ideas for innovation projects emerge from the intensive sessions.

Technology 50

Technology Internet of things Ideation Artificial Inteligence 50

Steve Blank

MARCH 11, 2015

More agile competitors are starting to eat into our business. How can we restart our innovation culture?”. What Drives Innovation? Startups have finite time and resources to find product/market fit before they run out of money. They’ve found product/market fit (what products customers want to buy).

LEAN 46

LEAN Culture Agile Tools 46

Gregg Fraley

SEPTEMBER 16, 2017

Nine essential questions CEO’s should be asking about innovation. Are people empowered to innovate? Does your culture support innovation? Are your people trained in innovation process? Do you have the skills, the specific people, you need to innovate? Is your organization doing continuous projects?

Project 74

Project Training Design Thinking Innovation 74

Paul Hobcraft

AUGUST 20, 2015

Unless we create a strategy to transform, how can we re-imagine our innovation processes? We talk so much about “innovation is critical” today and in our future, but is rarely achieved. This does require a transformation of how we design, structure and bring together all the relevant part of the innovation process.

Change 100

Change Technical Review Marketing Management 100

InnovationTraining.org

MARCH 5, 2020

When you are trying to create a repeatable innovation process, you can’t just start anywhere by doing random activities. As such, the first question for you to answer is – how ready is your company to support and nurture innovation? Explore and discover the challenges they face when they try to work with innovation.

Leadership 94

Leadership Training Resources Design 94

Integrative Innovation

JANUARY 7, 2015

Yesterday, I was quite delighted to see my post Integrating Lean Startup and Design Thinking ranked #11 of the Top 100 Innovation Posts 2014 at Innovation Excellence. In fact, the real power lies in combining different innovation approaches to fit a unique context. No one size fits all.

LEAN 40

LEAN Design Thinking Innovation Design 40

Commodore Innovation

MAY 13, 2020

In a recent survey we conducted, nearly 80% of firms indicated they expected 2020 innovation spending to be lower than 2019—with 50% anticipating a decline of at least 5%, which is consistent with our analysis of historic trends in recent US recessions. Communicate changes to innovation strategy early AND often.

Software Review 52

Software Review System Innovation Strategy 52

Gregg Fraley

DECEMBER 11, 2017

A team without IT involved won’t be able to do it either, because marketing-centric teams don’t know what’s technically possible. Don’t be held back by a restrictive innovation process model; be flexible on new ways to innovate. Have a cross-domain, diverse team.

Technical Review 55

Technical Review Ideation Big Data Innovation 55

ITONICS

MAY 14, 2018

Nevertheless, many market participants still face the enormous challenge of figuring out the blend of all necessary elements and the right mix for a successful innovation process. Even fewer have persistently developed and implemented habits and processes that foster sustainable innovation. Fail forward.

Company 57

Company Technical Review Software Review Innovation 57

KindlingApp

AUGUST 19, 2015

A shared experience for professionals across industries and around the globe is the increase of pressure to be more innovative, or to produce innovations and get them to market faster. Stage-gate methods usually make assumptions based on established processes for a particular business.

Software Review 40

Software Review Project LEAN Agile 40

mjvinnovation

DECEMBER 28, 2020

Some of the most important principles of Design Thinking are: Use of analytical, intuitive, and empathic thinking Problems are examined very precisely Interdisciplinary collaboration Failing fast Rapid prototyping Thoughts are visualized to promote a common understanding There are no good or bad ideas, only starting points for innovation. ?

Design Thinking 40

Design Thinking Design Culture How To 40

Paul Hobcraft

OCTOBER 22, 2017

What started me on a given innovation “tack”was for a long time I have seen an awful lot of opinions, solutions, concepts that have been breaking down innovation into its many parts. The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.”

System 147

System Innovation Design Resources 147

Gregg Fraley

JANUARY 30, 2019

It also addresses the basics of why innovation is so important to an organization’s survival and growth. Gregg instructs ways to blend frameworks and use the best tools within frameworks such as Lean, Agile, CPS, or Design Thinking. Approaches to the new challenges of Digital Technology Innovation are discussed.

Design Thinking 9

Design Thinking Training Ideation Course 9

Integrative Innovation

JANUARY 27, 2016

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof.

Underperforming Technical Team 40

Underperforming Technical Team Big Data Innovation Technical Review 40

Idea to Value

JULY 21, 2017

When should it be used: Any organisation that wants to enable their staff who have an idea to “try it out” or do an initial market experiment. Put simply, it theorises that small companies can disrupt the market of large companies by releasing a new version of an offering which appeals more to a subset of the customers.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248