Journal Article: Big Data in Innovation Management

ITONICS

In this research project, ITONICS is actively involved in the development of an automated environmental scanning system for SMEs. Summary: Today, innovation management is an important instrument for companies to remain competitive and successful in rapidly changing markets.

Journal Article: Big Data in Innovation Management

ITONICS

In this research project, ITONICS is actively involved in the development of an automated environmental scanning system for SMEs. Summary: Today, innovation management is an important instrument for companies to remain competitive and successful in rapidly changing markets.

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Innovation Management: What Does Success Look Like?

IdeaScale

Success in innovation management is all about exploration.?. While the term innovation isn’t exactly esoteric, it can be hard to pin down. What is innovative and what isn’t? What qualifies as successful innovation management?

Getting Started with Innovation Management

Strategos

What is Innovation Management? Innovation Management involves all activities that provide the right conditions for innovation to repeatedly deliver value for customers, competitive advantage and growth for the business as well as benefits for employees and all other stakeholders. Innovation management needs to become a professional discipline. Innovation needs to be on that same trajectory to provide significant value for a business.

Managing Expectations in Innovation Management: Part II

IdeaScale

However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”. We can address these concerns head-on by setting and managing expectations.

ISO 56000 Guidelines on Innovation Management: Updates and the Road Ahead

Innovation 360 Group

Innovation took a significant step toward becoming a mature science at the ISO working group meeting at the Tokyo Summit, Oct 13 – 17th. Over 100 professionals from 50 countries gathered to compare experiences and find commonalities as part of the ISO/TC 279 technical committee’s work on the development of the new ISO 56000 series for Innovation Management. That series of standards will set a baseline for enabling innovation as a science in the professional world.

Artificial Intelligence & Innovation Management for Business Leaders

Innovation 360 Group

An interesting question for a very skilled and insightful person and somewhat reminding of the internet hype in the 90s when firms made fortunes via fund raising and spectacular non-working projects for the new economy. Innovation is about preparation.

Why Innovation Management is Important – 3 Key Reasons

Qmarkets

Innovate or stagnate.” Although many decision makers at large companies recognize the importance of innovation, most fail to implement it in a strategic, consistent, and effective way. Innovation management involves developing these processes in a repeatable, scalable way.

Four Steps for the successful Implementation of a holistic Innovation Management

ITONICS

Innovation is a central lever in today’s business environment and a buzzword which can cause companies to feel a great deal of uncertainty. Step 1: Innovation Health Check – Determining the maturity level. How mature is the level of innovation management in your company?

3 Innovative Projects with Ideanote to Get '19 Started

Ideanote

What better way to start this new year than to put actions behind words on that innovative organization culture of yours? An Ideanote project can help you with that. As an all-in-one innovation platform, Ideanote can be successfully used in a manner of different ways.

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

InnovationManagement

Digital products in turn require software and hardware development teams to work together – a hybrid project – which ultimately leads to combining software development methods with the more traditional gating process that manufacturers use.

ISO56000 Guidelines on Innovation Management: Updates and the Road Ahead

Innovation 360

Innovation took a significant step toward becoming a mature science at the ISO working group meeting at the Tokyo Summit, Oct 13 – 17th. Over 100 professionals from 50 countries gathered to compare experiences and find commonalities as part of the ISO/TC 279 technical committee’s work on the development of the new ISO 56000 series for Innovation Management. That series of standards will set a baseline for enabling innovation as a science in the professional world.

Implement an Innovation Management System in 90 days

Innovation 360

Wanting to add strategy and structure to your innovation initiative without killing it with administration? HBR published an interesting article a year ago ([link] describing an innovation governance system that go hand in hand with our experience at Innovation 360 group. In the article Innosight describes a concept called the Minimum Viable Innovation System (MVIS). We use this to plot the Innovation Footprint (the overall DNA of your organisation).

Implement an Innovation Management System in 90 days

Innovation 360 Group

Wanting to add strategy and structure to your innovation initiative without killing it with administration? HBR published an interesting article a year ago ([link] describing an innovation governance system that go hand in hand with our experience at Innovation 360 group.

5 Innovation Management Best Practices for Amplifying ROI – Qmarkets’ Head of Customer Success Shares Her Insights

Qmarkets

The great American oceanographer Edith Widder once said: “Exploration is the engine that drives innovation, and Innovation drives economic growth… So let’s all go exploring.” ?? Remember, innovation is an ongoing process. So, what lesson does this hold for corporate innovators?

What is Total Innovation Management? Achieving Excellence from Idea Generation to Implementation

Qmarkets

To maximize the ROI of your innovation initiatives, it’s vital to gain input from as many sources as possible and ensure all departments take part in a culture of ideation. So, what is total innovation management? The post What is Total Innovation Management?

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.

How Consulting Will Likely Change Because of the Pandemic

Leapfrogging

I’ve already written about how the management-consulting industry is being disrupted by various trends like emerging technologies, the commodification of knowledge, and outdated business models. It makes sense: The consulting industry is plagued by a stagnant business model ill-suited for today’s innovation-driven digital world. ” Senior partners sell projects that are primarily delivered by junior consultants.

Book Chapter: Activities and Challenges in Environmental Scanning

ITONICS

Highlights: Practice-oriented case study in innovation management of a B2B technology company Description of four central environment scanning activities: (1) trend management, (2) competitor monitoring, (3) networking & (4) deep dives. Articles-News

How to Innovate and Scale

ITONICS

When it comes to innovation , we too often focus on the importance of the individual within the process. In business, we usually identify good innovators and foster their ability to develop creative practical solutions to new problems. Innovate or die! #3 Articles-Blog

70:20:10 Rule of Innovation

ITONICS

One of the challenges that companies face is understanding how to manage their innovation resources. Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? 70% | Core Innovation. Pipeline Management.

Book Chapter: Activities and Challenges in Environmental Scanning

ITONICS

Highlights: Practice-oriented case study in innovation management of a B2B technology company Description of four central environment scanning activities: (1) trend management, (2) competitor monitoring, (3) networking & (4) deep dives. Articles-News

What Is Corporate Social Innovation? Understanding the New Driver of Change

IdeaScale

The need for a socially appropriate goals and actions of a corporation has given rise to corporate social innovation where companies form partnerships with NGOs. What Is Social Innovation? The social aspect of CSR drives innovation, and the EU Commission has aptly defined social innovation as initiatives that implement social responsibility in both the means and the goal. These innovations can be an idea, whether that is a new business model, a product or a service.

Timing of Innovation – Getting the Odds on Your Side

Innovation Excellence

When it comes to innovation, there are countless ways things might go wrong. If you manage to get the timing just right, your innovations will obviously benefit from huge tailwinds when entire industries are transitioning from the old to the new with you riding at the top of the wave.

All You need to know about Roadmapping in Innovation

ITONICS

In addition to internal company roadmapping (technological and strategic roadmap), open innovation roadmapping is another form of roadmapping that can bundle the knowledge of an “ecosystem“ and make it usable for all stakeholders. Product and Innovation Roadmap. Articles-Blog

PlanBox Innovation - Untitled Article

PlanBox Innovation

This article appears in the Winter issue of Pointers – Innovation Leader ‘s bi-annual compilation of the most useful and compelling expert advice. Expand Your Innovation Funnel. The Ever Widening Innovation Ecosystem. Article

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Insights from Innovation Roundtable Summit 2019

ITONICS

Innovation Roundtable Summit (IRS) wrapped a week ago, and wow – it was our best ever. It was great seeing what themes emerge during the conference – it gives a snapshot of the current state of corporate innovation across industries. Build Your Innovation Ecosystem.

Agile 48

Why you should be careful calling it innovation

The Future Shapers

Some time ago, I was presenting the results of a research project for a client, and was talking about the importance of the small, incremental ideas that come from people in organisations. The problem Mr Sylvain describes is not unique to the term ‘innovation’.

70:20:10 Rule of Innovation

ITONICS

One of the challenges that companies face is understanding how to manage their innovation resources. Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? 70% | Core Innovation. Pipeline Management.

Don’t Neglect Innovation

Innovation Excellence

I haven’t been contributing as many articles here, as a result of some intensive consultancy projects and some personal time. Now that I’m back, refreshed and raring to go, the first thing that struck me was the analogy to innovation itself. It’s easy for companies to be distracted and take the eye off innovation. Creativity Customers Innovation Leadership Management R&D Strategy change Innovation Management

How companies can innovate and scale

ITONICS

When it comes to innovation , we too often focus on the importance of the individual within the process. In business, we usually identify good innovators and foster their ability to develop creative practical solutions to new problems. Innovate or die! #3 Articles-Blog

Startup Radar: Your map to navigate Corporate-Startup Relationships

ITONICS

Corporates need to know what is going on in the startup world in their constant search of potential innovations. There are various ways to engage with startups as part of an efficient Startup Relationship Management. Startups are an integral part of your external innovation sources.

Recipe for innovation lab success, valid across the firm?

Innovation 360 Group

It turns out many of the findings are possible to adopt for innovation efforts across your company. In a recent article in HBR, Simone Bhan Ahuja summarizes his experiences with corporate innovation labs: [link]. End conclusion: innovation labs can be extremely useful as.

Six Internal Innovation Sources You should know

ITONICS

Spotting efficient sources for different types of innovation is a challenge for innovation leaders. We took a closer look at the most important sources of innovation in large companies: The Leadership. R&D body that is centrally managed and financed by the company.

5 Simple Steps for Finding the Right Business Idea

The Future Shapers

Just like with any other project, getting started is usually the psychologically most demanding part of the journey, but sticking with the idea long enough to make it work is what really counts. For simplicity’s sake, we’ll refer to “you” as a solo entrepreneur in this article.

Successfully shaping Digital Transformation

ITONICS

Having a clear strategy and a purposeful, structured process for implementing new business models and/ or gradually adapting existing ones to new business models will determine the success of digital transformation projects and company’s market position. Business Model Innovation.

Innovation Activity KPIs: Building Bridges across Organization

CREATORS

Just like an orchestra, innovation is an interaction of all employees. The moment your company starts introducing innovation-driven activities, there will always be employees who question the purpose or the effectiveness of these strategies. There are different types of innovation KPIs.

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7 Habits of Highly Innovative Companies

ITONICS

Innovation. 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. Interestingly, Gmail , Google News , and AdSense evolved out of 20% projects.

The Fallacy of the Aha Moment & Overnight Success in Innovation

Innovation Excellence

Are innovations really born out of these miraculous moments of insight? A good 7 years after the visit, Darwin had just managed to narrow in on the key concepts, and had created a 35-page pencil draft of the theory. Innovators might also do this to brand themselves as creative geniuses.

Discovering Innovations: Insights from Silicon Valley

ITONICS

The careful monitoring of an organization’s internal and external corporate environment to spot the first signs of relevant business opportunities and threats is one of the most important steps in holistic innovation management and strategy development. Articles-Blog

Discovering Innovations: Insights from Silicon Valley

ITONICS

The careful monitoring of an organization’s internal and external corporate environment to spot the first signs of relevant business opportunities and threats is one of the most important steps in holistic innovation management and strategy development. Articles-Blog

The Value of Having A Curators Platform for Innovators

Guide 4 Innovating

I would like to lay out some thoughts on why we should be considering a curation platform for innovation and the value it can bring to a broader innovation community. We need to provide a curators platform for innovation, to make all the essential connections.

How Failure does or does not impact Innovation

ITONICS

Let’s face the facts: failure is becoming a trendy thing due to the ever-increasing speed of innovation. In fact, failure itself doesn’t lead to innovation, it’s more about how you deal with failure that matters. Experimentation is the panacea of innovation. Articles-Blog