article thumbnail

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. Research confirms: development of exploration in parallel to exploitation capabilities proves to be mandatory for established companies in order to compete successfully and sustainably. Co-Innovation and startup engagement.

article thumbnail

Sorting through our Innovation Management Tools

Paul Hobcraft

Shared language : tools align teams around a visual concept, making complex ideas clearer with an image. As companies seek to grow and innovate in an era of rapid technological change, they offer the following four suggestions based on their research to help managers get the most out of the tools they choose.

Tools 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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? The Innovator’s Dilemma.

article thumbnail

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. But even participating in other firms’ ecosystems can be highly attractive, as demonstrated by e.g. several app developers.

article thumbnail

What do most innovative companies have in common?

hackerearth

Such companies plan and execute innovative ideas across business activities by making innovation thrive in their company’s culture. They link innovation to their well-defined business objectives by establishing and maintaining dedicated innovation teams. They support systemic innovation. They are tech-savvy.

Company 77
article thumbnail

Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

We also know today that innovation management itself must become “fluid” in design, in adaptation so the right approach is to be constantly ‘adaptive’ and put together what is needed to tackle the challenge that needs resolution. We need not only a new innovation management system, we need a modern engagement platform.

Design 138