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Driving Corporate Innovation: Design Thinking vs. Customer Development

Steve Blank

Previously Hank Chesbrough and I have written about some of the strategic issues that impede innovation inside large corporations here and here. Any founding CEO can tell you three numbers they live and breathe by: the amount of cash left in the bank. Customer Development versus Design Thinking.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

Banks are opening up to the idea of looking outside of their normal creative processes, by using external sources such as crowdsourcing with customers for their next disruptive technology. Simply put, innovation management is the management of product and organizational innovation processes within an organization.

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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

Banks are opening up to the idea of looking outside of their normal creative processes, by using external sources such as crowdsourcing with customers for their next disruptive technology. Simply put, innovation management is the management of product and organizational innovation processes within an organization.

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Spotting Innovation Opportunities

ITONICS

A strategic innovation field, let’s call it “ opportunity space ”, can be found by connecting all the dots between bits of diverse information you already know and put them together in a way that breaks a pattern. So why is it so very important to take this upstream step in the innovation process?

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

Banks are opening up to the idea of looking outside of their normal creative processes, by using external sources such as crowdsourcing with customers for their next disruptive technology. Simply put, innovation management is the management of product and organizational innovation processes within an organization.

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How to test & iterate new product & service ideas faster & cheaper

Leapfrogging

That’s why so many companies now spend sizable chunks of their research and development budgets on things like focus groups and market research. Smart management teams at new and mature organizations alike have started to recognize these challenges. The key to innovation is iteration. And that’s not necessarily a bad thing.

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5 Ways to Test Innovative Ideas (Cheaper and Faster)

Leapfrogging

That’s why so many companies now spend sizable chunks of their research and development budgets on things like focus groups and market research. Smart management teams at new and mature organizations alike have started to recognize these challenges. The key to innovation is iteration. And that’s not necessarily a bad thing.