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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This article will change that. In this article, I will tell you about an exciting new innovation management method which your teams can use today in order to deliver complex innovation projects faster, cheaper, with lower risk and more alignment across all stakeholders involved. Lean Innovation, Validation & Execution).

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How AI Fits into Lean Six Sigma

Harvard Business Review

AI already is being used in some areas of process improvement, and the usage of this technology — including generative AI — promises to grow. That’s because it can perform tasks faster and much less expensively than humans alone. But it will never fully replace people — and that poses management challenges.

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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. Where design thinking ends, Lean Startup begins.

LEAN 105
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Five Unicorn Scaleup Strategies

Leapfrogging

He’s the author of numerous books and an expert on how lean principles can be used to drive innovation. ScaleUps, and those that invest in them, face the next-level challenge of growing revenue at scale; that is, exponentially relative to expenditures in capital, people, and technology. Here’s the secret to Unicorn innovation.

Strategy 130
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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. It is a classic example of survivorship bias. There are proponents of both camps.

Strategy 257
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The Role of Lean Innovation in Mergers and Acquisitions

Moves the Needle

You can use Lean Innovation techniques -- Empathy, Experiments, and Evidence to ensure the driving force is sustained through the integration. One organization might consider innovation to be a new channel to market and another sees it as new technology. With regard to innovation, there’s often more than just technology at stake.

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Organize innovation to fit your strategy & culture.

Leapfrogging

Companies don’t fail at innovation due to lack of ideas. They partner with Silicon Valley startups who have breakthrough technology when they really just want incremental innovation that delivers quarterly results. This article was originally published on Inc.com and has been syndicated for this blog.

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