Remove Books Remove Management Remove Product Development Remove Radical Innovation
article thumbnail

How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. The fastest growing companies interpret innovation through multiple lenses. In Conclusion.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed. Roland Ortt and Patrick A.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Like any business function, innovation can be managed. Roland Ortt and Patrick A.

article thumbnail

When innovation led to a reversal of fortunes

hackerearth

As Business Analyst Mark McQueen, said, “Knudstorp quickly identified that the Lego group had over-innovated, spread itself far too thin and had launched so many new initiatives that the company had lost a ‘crisp sense of identity. It was a case of too many products and not enough profit.” Controlled innovation has clearly worked.

article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most important theories of innovation, but one which is usually completely misunderstood. Since company leaders have often been taught that increasing profitability is the holy grail of management, it makes perfect sense to allow someone else to take over the low market. When it should be used: Very seldom!

Company 250
article thumbnail

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

And yet, when it comes to innovation, SMEs often do not have the resources and tools to manage a process that consistently delivers results. They need a common framework and language to describe and quantify innovation efforts, and to collaborate internally and externally. Increased diversity in both workforce and management.