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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In addition to these still highly topical issues, we’d like to raise another four points which we personally foresee key for innovation management in the time to come – making no claim to completeness: Organizational Ambidexterity. It doesn’t always translate to managers, however. Who wants to be an exploiter?

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The Importance and Benefits of Ensuring Data Quality

Acuvate

But organisations which have focused and achieved high data quality to a degree have benefited in the highly competitive markets. In order to capture and ensure high data quality in today’s ocean of information, enterprises need the support of the right tools, resources, technologies and experts. Take, Netflix, for example.

Data 72
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COVID-19 and Supply Chain: Using AI and 3D Printing to Help Meet Surging Demands

Yet2

The business uncertainty is so great that the Organisation for Economic Co-operation and Development has warned that global economic growth could be cut in half due to the coronavirus, putting more pressure on small and large businesses to be realistic in their plans for growth and influence. Balancing Demand with new Supply entrants.

Meeting 64
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Big Data in Open Innovation

Yet2

Using Big Data in our own scouting activities has been an investment we’ve been making over the few years. To help make this intangible concept feel a little more real, below we share just 3 examples of how we at yet2 leverage Big Data in our scouting: Starting with unique, quality datasets: avoid “garbage in, garbage out.”

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A better way: combining Design Thinking and Business Intelligence

mjvinnovation

Big Data: data analysis is what really matters. The available data is not only useful for outlining a consumer profile on the internet. In the movie Moneyball, for example, a coach facing the challenge of running a low-budget baseball team decides to employ data analysis to improve the performance of his players.

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A better way: combining Business Intelligence with Design Thinking

mjvinnovation

Big Data: data analysis is what really matters. The available data is not only useful for outlining a consumer profile on the internet. In the movie Moneyball, for example, a coach facing the challenge of running a low-budget baseball team decides to employ data analysis to improve the performance of his players.

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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. Horizon One – keeping the lights on, managing today. These help us to figure out what is changing.

Design 138