Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development. I am really frustrated by the legacy we have in our processes, systems and the ways we approach innovation, and its development lifecycle. A truly open innovation platform. Aras PLM Product Innovation Platform.

Five Product Innovations that Evolved Over Time

IdeaScale

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives. To illustrate how this can happen, it’s helpful to look at innovations that evolved over time. Some product innovations aren’t created by the company at all.

Insiders

Sign Up for our Newsletter

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

A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio. To read the full story behind Fairmount Santrol, download the complete case study.

Breaking the Innovation Stereotypes: The Case of Curry Express

InnovationManagement

We often hear about the concept of innovation and its importance in enhancing the competitiveness of an organization however, the excessive use of this term has distorted its true meaning and content.

Measuring Innovation Performance

Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. Innovation-active ?rms tability and productivity, increased. Along with balancing the innovation. aside as innovation spend.

SNP Case Study Highlights Plan for Creating an Integrated, Global Workforce

IdeaScale

Product innovation moves companies forward. It helps leaders collaborate to drive change and promote growth. . Business leaders constantly work to define new trends and increase the time it takes to get products out to customers.

Building the Single Innovation Digital Platform Environment

Paul Hobcraft

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. These have come in different thoughts on digital platforms, ready for cross-industry and having in place, a rapid digital innovation process that scales and evolves on new technology and insights. What if you could manage your innovation in the ways shown in this diagram? Innovation today requires, no demands more connectivity.

Report 157

The problem of scaling can confuse those innovating.

Paul Hobcraft

The problem of scaling can confuse those innovating and can this be changed? This could be in a new plant, in where production should be situated, so it can be allowed to scale at a later date, in resources able to achieve scale or more importantly you scale according to the type of goods or demand so they can be readily available, closer to the market they are needed. The shedding of legacy can equally liberate innovation. This is where innovation comes into play.

Report 177

Common IdeaScale Use Cases

IdeaScale

Others will use it for sustainability ideation, employee quality of life, business model innovation, social change, and more, but these were some of the key use cases that IdeaScale sees over and over again. Product Innovation : Georgetown University talked about how student and staff ideas have been used to spur new projects at the University. Best Practice Case Study IdeaScale customer experience knowledge sharing process improvement product testimonial

95% of new products fail: make sure yours isn’t one of them

ideas4allinnovation

Every year, over 30,000 new products see the light, of which 95% fail shortly after their launch. For example, Inez Blackburn, professor at the University of Toronto, speaks rather of 70-80% of failed products. How to reduce the failure margin in a product launch?

2 Super Smart Ways to Catalyze Innovative Success

BrainZooming

An article in The Wall Street Journal by Paul Ziobro shares an report on how toy manufacturers, including Mattel and Hasbro, are accelerating their new product innovation processes. These trends, as one industry insider put it, “burn really bright and really short,” necessitating abbreviating product development cycles from several years to months, or even weeks. Thus, the need to catalyze innovative success by streamlining the steps between ideas and implementation.

eBook 52

Rule Breaking Series #3: Pilot Test Your Innovations

Flying Fish Lab

What if you pilot test your innovations? But that’s not the path the innovation process should take. It makes sense to pilot test your innovations before making that final commitment or laying down that final chapter. A pilot study results in cost and time savings.

6 Building Blocks for Innovation Department Success

IdeaScale

Nearly 80 percent of executives surveyed by The Boston Consulting Group’s tenth global survey on innovation considered innovation to be either the most important priority at their company or in the top three. They’re already overloaded and adding “innovate” to their task load may not get a good reaction. However, there are ways to cultivate innovation success, and creating an innovation department is one of them. Use Innovation Management Software.

Survey 165

Rule Breaking Series #3: Pilot Test Your Innovations

Flying Fish Lab

What if you pilot test your innovations? But that’s not the path the innovation process should take. It makes sense to pilot test your innovations before making that final commitment or laying down that final chapter. A pilot study results in cost and time savings.

Why Communication is the Key to Enterprise Innovation?

IdeaScale

According to Harvard Business School professor Clay Christensen, 95% of all product innovations fail after their release on the market. Too often, today’s innovators are developing new products in a vacuum—isolated from the real world and without consideration of how their buyers will actually use what they’ve devoted their time, labor force and resources to create. Communication and innovation in the digital era. IdeaScale communication Innovation

Idea Competitions and Why Your Business Needs One

Ideanote

They all swear by in-house innovation programs which give every employee a chance to pitch their ideas. So, if you want to join the innovative crowd and get some fresh input for your new product, internal idea competition is your answer. Not only will you get the ideas you need, but also boost your innovation culture, employee engagement, and promote internal collaboration. Usually, open innovation challenges also include participants outside your company.

Top 9 Actionable Employee Engagement Ideas and Activities

Acuvate

In today’s competitive business world employee engagement is an essential element in creating a positive work culture and a productive workforce. When employees feel engaged, appreciated and considered a part of something bigger than just a “job,” they feel happier and strive to be more productive. A recent Gallup study found that organizations with high employee engagement rates are 21% more productive.

Choosing your direction of travel

Paul Hobcraft

In the past week or so, I have been looking a little harder at the Chemical and Pharmaceutical Industry relating to innovation, it left me a little frustrated. I felt that warm and fuzzy feeling, as I read all too often those comforting words or platitudes of how “innovation is vital to us” and one of the “highest areas of focus.” Blockbusters seem a thing of the past but perhaps they don’t need to be with a very different innovative approach.

Digital Disruption: A Multi-Generational Mindset

Daniel Burrus

Many leaders see digital disruption as a decidedly positive trend, considering the possibilities that digital change brings to the table in the way of boosting productivity, innovation and other workplace attributes.

World Open Innovation Conference 2015: Final Program

Open Innovation

Thu 10:30 AM (Salon D): Modes of Open Innovation; Moderator: Marcel Bogers Mehdi Bagherzadeh and Sabine Brunswicker Mix and Match: Preferred ‘Mix of Open Innovation Modes’ for Solving Innovation Problems Roberto Camerani, Stefano Denicolai, Monica Masucci and Giovanni Valentini The Interplay of Inbound and Outbound Open Innovation and its Impact on Firm Performance Saumya Amarasinghe, Kenneth Husted and Frank Siedlok How Revealing is Revealing?

What is innovation, and how can it benefit your company?

mjvinnovation

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. In summary, innovation is always a big challenge – it needs to be understood, first, and foremost. We offer to demystify innovation and show you how your organization can benefit from it, as well as the steps needed to achieve it.

Business Model Innovation: Creating Pathways to Relevance

The Future Shapers

The innovation conversation is happening every day , no matter your industry, function or location. Unfortunately, the discussion can quickly turn into a haze of white noise and fuzziness as emphasis on theoretical definitions, frameworks, types of innovations and other aspects of enablement leave people puzzled and dazed, as opposed to motivated and ready to make a difference. But, should one start with incremental innovation or is radical innovation the way to go?

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School. A track chair here at OUI, Frank is one of two members of the user innovation “tribe” (the other being Karim Lakhani) who's worked most actively in open innovation.

Future Trends 2021: Purpose & Co-creation

Be-novative

and the answer can serve as the beacon for all organizational decision-making in 2021 paired with collaboration in an online world. People who live their purpose at work are more productive than people who don’t. CLIENT ENGAGEMENT DRIVES THE INNOVATION ROADMAP?—?Key

Taking advantage of emergence for discovery

Paul Hobcraft

The new innovating world we face in the 21st Century. Innovation needs to be more external in its outreach in creating, combining and recombining knowledge, so it can accomplish particular uses and can materialize all this gained knowledge into something new that actually works in the real world but can be dealing with different configurations in different situations. The complexity today is being faced with any innovation challenge that spans the globe.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.

Reviewing research on 3D Printing

Open Innovation

I have the unviable claim to have published the least cited paper in the special issue — a case study on Makerbot). Why new firms do (or don't) use open innovation,” Strategic Entrepreneurship Journal, 2018 #1-5 are really about managerial implications of 3D printing: something of interest that needs to be published, but most will have limited influence beyond 3D printing. #6

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

From that perspective alertness is the discovery of hitherto overlooked current facts and the entrepreneur’s perception of the way in which those discoveries could shape the future market conditions (Kirzner, 1999) and creativity could best be described as the way entrepreneurs deal with radical uncertainty by building upon their qualities of boldness, innovativeness and creativity (Kirzner, 1999). Journal of Product Innovation Management, 31(3), 616–635. Introduction.

Co-creating volume 3

Innovation 360 Group

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? Every one of us has full access to an infinitely varied and vastly underused resource: Innovation. Innovative thinking alone will not be able to get there, though.

3 Innovative Projects with Ideanote to Get '19 Started

Ideanote

What better way to start this new year than to put actions behind words on that innovative organization culture of yours? As an all-in-one innovation platform, Ideanote can be successfully used in a manner of different ways. Open innovation, idea management platform, employee motivation tool – the possibilities are, if not endless, then at least plenty. Happy innovating! And you guessed it, open innovation in an excellent Ideanote project to get started with.

How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation. So, the CIO’s role is expected to expand to take on additional areas of business like innovation management and talent development. The CIO is the Chief Innovation Officer.

Digital Disruption and Your Workforce

Daniel Burrus

In some cases, it’s about identifying opportunities for major digital disruption that you yourself can introduce (think Uber, Kickstarter and other innovations that set entire industries on their ear.). On one hand, leaders see that as a decidedly positive trend, boosting productivity, innovation and other workplace attributes. It is also not the same as having a workforce that is adequately prepared to learn new digital tools to drive innovation and uncover opportunities.

Typology for Innovative Organizations

Open Innovation EU

It enhances productivity. While searching for a modern-day typology for innovative organizations – to show our students and what kind of context they most likely would want to work – I found that none was there, so I created a new one. A Typology for Innovative Organizations. The model describes organizational typologies based on cultures of innovation. Each type of organization exists in three different levels of innovation.

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)? Why do companies need innovation management software? And, thirty-eight percent vs. 22% are very satisfied with the return on their innovation investments. Poor innovation implementation.

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)? Why do companies need innovation management software? And, thirty-eight percent vs. 22% are very satisfied with the return on their innovation investments. Poor innovation implementation.

How internal innovators win the game

Innovation Excellence

Kaihan Krippendorf ‘s latest book, Driving Innovation from Within , takes you smoothly in the intrapreneurs’ journey: his book guides internal innovators to innovation success through meaningful innovators’ stories, research, and wise and shrewd guidelines.

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). As we noted back in West et al (2006), OI needs more research on this area: at that point, OI had emphasized studying dyadic (bilateral) cooperation between firms, and a decade later that’s still true. The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. Platforms, markets and innovation.

Game Changers: How Citizen Science and Gamification Are Transforming the Business World

Qmarkets

Today, this audacity is reflected in the rising influence of citizen driven innovation and science – that is, the collaboration of volunteer non-scientists with professional scientists in collecting data and analyzing it to resolve real-world issues. Inform your innovation strategy.

How internal innovators win the game

Innovation Excellence

Kaihan Krippendorf ‘s latest book, Driving Innovation from Within , takes you smoothly in the intrapreneurs’ journey: his book guides internal innovators to innovation success through meaningful innovators’ stories, research, and wise and shrewd guidelines.

Six Internal Innovation Sources You should know

ITONICS

Spotting efficient sources for different types of innovation is a challenge for innovation leaders. We took a closer look at the most important sources of innovation in large companies: The Leadership. Corporate Innovation Board, Chief Innovation Officer, or other senior executives. The strategy and the direction of innovation are set by a company’s top management. A central R&D body is an effective source for transformational innovation.

Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Since I'm trying to write a short encyclopedia article on open innovation — and want to make it different from my 2011 article — it seemed a good time to review what’s been written recently. Open Social Innovation.”

6 Internal Sources of Innovation

ITONICS

Spotting efficient sources for different types of innovation is a challenge for innovation leaders. We took a closer look at the most important sources of innovation in large companies: The Leadership. Corporate Innovation Board, Chief Innovation Officer, or other senior executives. The strategy and the direction of innovation are set by a company’s top management. A central R&D body is an effective source for transformational innovation.

Co-creating volume 3

Innovation 360

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? Every one of us has full access to an infinitely varied and vastly underused resource: Innovation. Innovative thinking alone will not be able to get there, though.