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3 Ways to View Your Innovation Basket

Innovation Excellence

You read the September issue of HBR (and maybe last week’s article), tossed out your innovation portfolio, and wove yourself an innovation basket to “differentiate the concept from finance and avoid the mistake of […]

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

IdeaScale

Crowdsourcing is a great way to assemble data for product innovation. It gathers relevant data through educated opinions that can be used to formulate ideas that guide product development. Office design is a crucial aspect of your innovation strategy. Sign up for The Future Festival, Think, Open Nation, and more.

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The "whole product" is more relevant than ever

Jeffrey Phillips

Somewhere in the offering there may be tangible products, but increasingly the services, business models, data, platforms and even ecosystems will be what draw customers to a solution. Impacts on Innovation This is, and will, have a huge impact on innovation. First, product innovation is almost passe.

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Questions about Innovation

InnovationTraining.org

It can also drive economic growth, as innovative ideas and products can create new markets and industries, and help businesses to compete and succeed. Additionally, innovation can help to foster creativity and collaboration, and it can be a source of inspiration and motivation for individuals and teams.

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Why platforms and ecosystems matter for innovators

Jeffrey Phillips

You may know that Paul Hobcraft and I are collaborating on a new blog entitled Ecosystems for Innovating where we focus on the emerging importance of platforms and ecosystems for innovation. New innovations must either align to and integrate with, or must overthrow these platforms and ecosystems. Which is more important?

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100%Open Past and Future

100%Open

To take one sector as an example, financial services illustrates the potential of open innovation to go beyond product innovation into a whole new world of radically different business models that are redefining the meaning of banking brands. But do they contain collaborative and empathetic mindsets?

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Six Internal Innovation Sources You should know

ITONICS

A good example is the case of Toyota, where the leadership encourages innovation by eliminating some of the pressure for short-run returns. Toyota’s decade-long investment in its brand Prius eventually resulted in creating a reputation for the company as a respected product innovator. Centralized R&D Unit.