Remove B2C Remove Creativity Remove Leadership Remove Underperforming Technical Team
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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. One way for established organizations to strengthen exploration is by developing internal capabilities in order to overcome their inherent inertia.

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5 Excuses of Companies that Don’t Innovate (And How to Overcome Them)

Moves the Needle

Sales says they just sell whatever the product team delivers. The product team says they struggle to keep up with a long list of features required by product management. Since we can’t predict the future and (generally) know we can build the product, the trick is to prioritize ideas and kill bad ideas quickly.

Company 64
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

But even participating in other firms’ ecosystems can be highly attractive, as demonstrated by e.g. several app developers. Leadership through vision and influence, rather than command and control, is required. We are headed towards a co-creative platform economy. Interactions are complex and unpredictable.