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New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started. Crowdsourcing is a great way to assemble data for product innovation.

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So Where Is Innovation Heading?

Paul Hobcraft

There are significant shifts underway towards digital innovation in R&D and new-product development. Of course, this shift requires really big changes in strategy, operations, the organization and in each individuals orientation. I liked the suggested digital design principles that BCG outlined in their report.

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What do most innovative companies have in common?

hackerearth

So much that a McKinsey survey reported that 94 percent executives are unhappy with their business’ innovation performance. They adhere to lean principles of product development. A study by the Boston Consulting Group (BCG) reported that over 74 percent of strong innovators follow lean principles in their R&D processes.

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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

There’s nothing more wasteful than having an Innovation Outpost reporting on disruption heading for the company’s core business (autonomous vehicles, machine learning, Virtual Reality, Cloud, Internet of Things, et al.) Therefore, it’s important to have a permanent executive running the Innovation Outpost and reporting to the company CEO.

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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

There’s nothing more wasteful than having an Innovation Outpost reporting on disruption heading for the company’s core business (autonomous vehicles, machine learning, Virtual Reality, Cloud, Internet of Things, et al.) Therefore, it’s important to have a permanent executive running the Innovation Outpost and reporting to the company CEO.

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How to grow faster than the market average

hackerearth

Here are some areas where most of the companies have used data analytics to transform their performance which boosted revenue, increased profits, and improved customer satisfaction and retention. Big data analytics acts as a trusted advisor for an organization’s strategic planning. Promotes low-risk, data-driven action plans.

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The core principles of Leading FOR Innovation

Cris Beswick

In that case, we shift to a focus on fostering a culture where the seeds of originality are sown in every department, ranging from product development to HR, finance, and sales. Organisations that excel at driving genuine innovation don’t just rely on existing market intelligence like focus groups, trend reports or big data.