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How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. The fastest growing companies interpret innovation through multiple lenses. Horizon Two (H2) is your adjacent business arena where innovation is driven by new uses of existing technology and ideas.

Growing Strong: How A Dedicated Continuous Improvement Process Can Nurture Corporate Innovation

Qmarkets

Having a method in place to capture, refine, and unleash disruptive new ideas is crucial for any innovation strategy. If we compare innovation management to agriculture, we can see some similarities. Employing A Dedicated Continuous Improvement Process – Why is it so Critical?

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Innovation fundamentals: using time effectively

Jeffrey Phillips

I've been writing an occasional series on some of the fundamental building blocks for innovation success - at least those that I think are critical, intangible and often overlooked. I've written previously about having a bias for innovation in your culture , seeking and finding important and unmet needs or opportunities , and introducing discovery and exploration in your innovation process. All are important to understand and all are critical to successful innovation.

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Agnes Sävenstedt

Innovation 360 Group

Executive-level consultant and C-level positions including Head of Business Units, Head of Strategy and Head of Innovation. Special area of interest: Innovation in Practise, how to make innovation a recurring activity in the organisation. New product development.

George Fankhauser

Innovation 360 Group

Background: Dr. George Fankhauser is an innovation consultant and R&D leader with more than 20 years of industry experience managing global, inter-disciplinary teams. His past positions range from leading small teams including several startups to MNCs with a deep dive into research, development, manufacturing and product management. He successfully managed change projects in software development, automation, agile innovation processes and platform management.

Agnes Sävenstedt

Innovation 360 Group

Executive-level consultant and C-level positions including Head of Business Units, Head of Strategy and Head of Innovation. Successful track record of 10+ years in innovation management, innovation processes, change management, trendwatching, ideation, digital transformation, collaboration platforms, cloud strategy and project management including start-up of new business areas with mission, vision, strategy definition and execution for the Schibsted group.

What we have learned about testing business models

The BMI Lab Blog

Two new products/solutions out of three fail to meet customer expectations. Studies show that 90% of business ideas change several times before achieving commercial success and over two new products/solutions out of three fail to meet customer expectations. Over the last years, we have been involved in several business model innovation projects worldwide to implement innovative business ideas. Challenge #3: Integrating innovation into existing processes.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment. Suggested viewing: 12 – Disruptive Innovation.

How to setup an ‘innovation team’

hackerearth

To become really innovative, your company needs a special culture, a new mindset across all levels, disciplines, and functions. As a leader, you need to introduce and promote a solid innovation framework, which will gradually become part of the normal, day-to-day business. The objectives and specific roles of the ‘innovation team’ depend on the type, size, and industry of the company. This special team needs to be strategic, tactical, agile and fast. Product experts.

How Schibsted Media Group Used Empathy and Evidence to Validate New Ideas

Moves the Needle

This disconnect leads organizations down the wrong path toward producing products and services that no one really wants , because they aren’t using evidence (data + insights) to guide their product development. ” — Thais Cunha, Project Coordinator, Bomnegocio.com.

Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases.

Non-Profit Innovation: NCARB Brings New Product to Market

Moves the Needle

How The National Council of Architectural Registration Boards Used Lean Innovation to Create New Value for Their Customers Take this Case Study with you! The National Council of Architectural Registration Boards ( NCARB ), a national non-profit organization, develops standards for licensure and credentialing of architects. The list of work was developed based on internal assumptions of what customers needed. Is your Non-Profit looking to develop a new product?

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How to lead intrapreneurship and innovation

The Future Shapers

Picked up “Creative construction, the DNA of sustained innovation” Why intrapreneurship. They have incredibly deep reservoirs of technical talent and operational skills critical to bringing innovations to the market. They have the infrastructure, know-how, and processes to get an innovative new product into the hands of millions of customers around the world almost instantly. What type of innovation do you need? Make innovation specific.

Experimenting Your Way to Bolder Innovation

Qmarkets

Colin Palombo, Managing Partner at Innovation Framework Technologies, explains how experimentation and innovation should work hand in hand to produce groundbreaking results. Most organizations don’t test their innovation ideas with quick experiments to generate real-world evidence.

Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases.

Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation. “At A failed project is considered a negative to a corporate career. As a result, few people want to start a project that might not succeed. And when we do make bets, they’re small bets on incremental products or acquisitions that simply add to the bottom line.”. What Drives Innovation?

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Experimenting Your Way to Bolder Innovation

Qmarkets

Colin Palombo, Managing Partner at Innovation Framework Technologies, explains how experimentation needs to be a key part of your innovation process. This coming April, IFT and Qmarkets will be hosting an enterprise innovation leader breakfast, which will explore a variety of topics around the themes of innovation challenges and collective intelligence ( see below for more details). Use a rapid ‘sprint’ experiment process 4.

Experimenting Your Way to Bolder Innovation

Qmarkets

Colin Palombo, Managing Partner at Innovation Framework Technologies, explains how experimentation needs to be a key part of your innovation process. This coming April, IFT and Qmarkets will be hosting an enterprise innovation leader breakfast, which will explore a variety of topics around the themes of innovation challenges and collective intelligence ( see below for more details). Use a rapid ‘sprint’ experiment process 4.

How Dallas is Blossoming Into the Most Innovative City in the South

Qmarkets

However, Dallas is also home to over 20 innovative Fortune 500 companies, including Exon, Wal-Mart, and AT&T, with giants Toyota and FedEx also moving their corporate headquarters to the area in 2017. Qmarkets' Steve Reed, Senior Commercial Manager for North America, takes us on a guided tour of the Dallas Innovation ecosystem. Now three years later, I can confidently say that Dallas is the most innovative place I've ever lived. 1) Civic innovation. With almost 1.3

How Dallas is Blossoming Into the Most Innovative City in the South

Qmarkets

However, Dallas is also home to over 20 innovative Fortune 500 companies, including Exon, Wal-Mart, and AT&T, with giants Toyota and FedEx also moving their corporate headquarters to the area in 2017. Qmarkets' Steve Reed, Senior Commercial Manager for North America, takes us on a guided tour of the Dallas Innovation ecosystem. Now three years later, I can confidently say that Dallas is the most innovative place I've ever lived. 1) Civic innovation. With almost 1.3