Tim Kastelle

FEBRUARY 21, 2015

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. Beside the annual ranking, headed by the top three companies Apple, Google and Samsung, some insightful outcomes with regard to organizational and cultural requirements have striked my eye.

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Culture Radical Innovation Innovation Underperforming Technical Team 100

Jeffrey Phillips

NOVEMBER 11, 2021

I've been asked a number of times, by companies large and small, how to create an innovation capacity that lasts. After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move. Next, focus on the corporate culture.

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Innovation Culture Training Project 157

Jeffrey Phillips

OCTOBER 6, 2021

For many years, in writing this blog, and in leading innovation projects for my clients, I tried to advocate for the benefits of innovation. The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices. Let's examine each in turn.

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Jeffrey Phillips

JANUARY 11, 2021

For example, one of the biggest idea killers is the inability for many companies to take really good ideas and get them prioritized in the existing product development process. If you are interested, here's a brief definition of each of the factors that contribute to success. Make your culture more welcoming to innovation.

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mjvinnovation

JULY 1, 2021

Keep reading to understand why agile project management provides numerous advantages over traditional forms of project management. What is agile project management? Agile practices can be incorporated into project management, adding numerous benefits. We call this initiative agile project management.

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Jeffrey Phillips

AUGUST 31, 2015

Most companies teem with reasonably good ideas, and in some cases great ideas. Note that they have very little to do with "good ideas" and almost everything to do with management commitment, definition, resource allocation and other things that executives and managers are supposed to do well, regardless of the setting.

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Tullio Siragusa

OCTOBER 16, 2023

Furthermore, in today’s global business environment, where companies interface with diverse markets and handle multifaceted challenges, traditional conflict resolution methods often fall short. TechCorp’s realization is just one instance; many companies unearth deeper issues like mistrust or misalignment of goals during this phase.

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Jeffrey Phillips

DECEMBER 18, 2019

This symptom can be easily addressed and clarified by better scope definition, executive support and expectation setting earlier in an innovation activity. FOMAD indicates career concerns Fear of making a decision is also generated when careers are made or lost on a big project.

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Underperforming Technical Team Innovation Exercises Resources 221

Jeffrey Phillips

SEPTEMBER 14, 2021

Every company wants more innovation, to drive better revenue, profits and market share. But what most companies get wrong is that they want to create an innovation and then make it palatable and safe, to fit within the standards and norms of the existing business, like capturing lightning in a bottle. Don't get me wrong.

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Jeffrey Phillips

MAY 12, 2022

He targets a number of key components and attributes in a business and helps illustrate how we should rethink our approach to concepts like culture, knowledge work, talent and more. He points out that knowledge work is primarily project based - we create new knowledge and package or use new knowledge, almost always as a definitive project.

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Jeffrey Phillips

APRIL 15, 2021

If the artifacts around you - like tools (McLuhan) and buildings (Churchill) can shape you, how you live, what you do, who you are - then what does the culture of the organization you are in do? How does a corporate culture shape you, expand or contract your thinking, constrain or promote your actions? What shapes your thinking?

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Destination Innovation

NOVEMBER 21, 2019

Here is a list of things that leaders should definitely not do. Do not get wedded to your own pet innovation project – it has to pass the same tests as every other program. Do not miss the opportunity to celebrate success and praise the entrepreneurs inside the company. Once or twice is not enough.

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Entrepreneurship Innovation Brainstorming Resources 194

Innov8rs

MARCH 8, 2024

Innov8rs | Companies are increasingly focusing on quantifying the return on investment (ROI) of their innovation initiatives. Click to play the full session recording The Evolving Role of Innovation Departments Innovation departments maintain a company's competitive edge through continuous reinvention and adaptation.

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Innovation Project Exercises Engagement 59

Paul Hobcraft

DECEMBER 29, 2021

Governance – we examine how to govern an innovation project and why this work requires different governance models from other projects. Common Language/Communication – we look at the importance of having common definitions, common language and regularly communicating about innovation. Management wants this.

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Jeffrey Phillips

FEBRUARY 4, 2020

I've written previously about having a bias for innovation in your culture , seeking and finding important and unmet needs or opportunities , and introducing discovery and exploration in your innovation process. That is the time that individuals and teams can commit to any specific innovation project.

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Qmarkets

APRIL 17, 2024

By definition, it refers to the introduction of groundbreaking products or services that fundamentally change market dynamics, often rendering existing solutions obsolete. By introducing novel technologies or business models, companies can tap into unmet consumer needs and demands, often resulting in rapid growth and significant market share.

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Cris Beswick

APRIL 16, 2024

However, for every Steve Jobs or Elon Musk who has famously steered their companies through the maelstrom of change, countless unsung leaders, often within the more traditional corporate structures, want to cultivate the culture that innovation requires within their organisation. It’s for those that I write this article!

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Values Centered Innovation

MAY 27, 2018

This year’s Project Management Conference in Dallas focused on all things innovation. Given my long-standing background with both project management and innovation, I was delighted to be on a panel that explored how project managers, their teams, and their company cultures could be more innovative.

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InnovationTraining.org

SEPTEMBER 9, 2019

Any business that won’t try new things will soon start to get stale, and the staleness will rapidly spread to affect every aspect of the company. With innovation culture. The fundamental requirement of innovation culture is a determination to take fantastic ideas wherever they appear. Encouraging people to inspire each other.

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Culture Innovation Creativity Conference 45

Acuvate

AUGUST 2, 2019

In order to glean useful and actionable insights from organizational data, companies must have a structured data strategy and ensure that a culture of data is imbibed across the organization. Adopting a ‘Culture’ of Analytics. A culture of data in the organization extends beyond just having a team of data scientists.

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Idea to Value

SEPTEMBER 7, 2021

In recent years, more and more companies have realized the need for innovation as they’ve seen businesses all around them, and perhaps even their own business, being disrupted. What makes this so difficult for large organizations is that a single innovation just isn’t enough to turn the course of the company. Customer obsession.

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Agile Innovation Technical Review Leadership 302

Qmarkets

SEPTEMBER 19, 2023

Open innovation is a core strategy for transformative growth amongst a growing number of enterprise companies around the world. The days of boardrooms and R&D departments keeping innovation under lock and key are waning, as companies are increasingly preferring a more collaborative approach with startups and other external parties.

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Innov8rs

SEPTEMBER 19, 2023

Mike has thirty years of experience in building and leading cross functional teams and organizations to successfully define, develop and bring new companies and products to market. InnovationOps is the combination of the cultural philosophies, practices, people's and tools, that increases the ability for an organization to innovate at scale.

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Innovation Management Management Innovation Software 59

Innov8rs

MARCH 4, 2023

Your Employees Are Your Users Founded in 1994, the German railway company Deutsche Bahn today employs over 300,000 people. Deutsche Bahn Company has been investing in existing startups since a few years ago, enhancing its portfolio and accessing new digital business opportunities through its Corporate Venture Fund.

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Learning Management Video Project 104

Jeffrey Phillips

OCTOBER 25, 2021

Since I am an innovation consultant, working with Fortune 500 companies to build innovation capacity, and I regularly blog on this site about innovation topics, I often have the opportunity to review new books about innovation. In another chapter, the author notes that BASF expects culture change to take 8 to 10 years.

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Innov8rs

MARCH 4, 2023

In order to remain competitive, companies must continually develop new products, services, and processes that meet the needs of their customers. Furthermore, most corporates make the mistake of using the same metrics for innovation as they do for other projects- this is why ROI is often described as a "killer of innovation".

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Integrative Innovation

FEBRUARY 14, 2015

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. Beside the annual ranking, headed by the top three companies Apple, Google and Samsung, some insightful outcomes with regard to organizational and cultural requirements have striked my eye.

Culture 40

Culture Radical Innovation Innovation Underperforming Technical Team 40

Qmarkets

SEPTEMBER 12, 2023

Open-source innovation (or simply ‘open innovation’) is developing into a core strategy for transformative growth amongst enterprise companies around the world. With a network that spans across the Americas, Europe, and the Middle East, the company helps its clients to grow by facilitating partnerships across its global startup ecosystem.

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Open Innovation Collaboration Innovation Technology 94

IdeaScale

JUNE 2, 2021

The definition of “change agent” is broad enough to include activists at a protest and politicians drafting laws. They may come to your organization from other industries, other departments within the company, and so on. Strong Institutional Knowledge : A change agent will know your company well.

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Change Knowledge Base Culture Tools 130

Jeffrey Phillips

APRIL 4, 2019

In no other business process would we approach a problem with such poor definition and preparation. Why must we make innovation a competition against everything the company does and reinforces, rather than make innovation something the company accepts and embraces, and prepares people to do? Don't be a solitary marksman.

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Innovation Tools Training Culture 141

Idea to Value

NOVEMBER 12, 2020

While all of these are still extremely desirable assets, they no longer guarantee a sustainable competitive advantage for most companies. In the last few decades we’ve obviously seen many examples of companies with competitive advantages that seemed impossible to overcome completely break down in a matter of few years.

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Competition Innovation Software Marketing 276

Jeffrey Phillips

AUGUST 13, 2021

At the time I was writing this post, I was concerned that too many companies were under too much pressure to speed up their innovation activities and generate some interesting new ideas. The problem with that speeding up concept was that most companies were starting from zero. Your team or project is exceptionally likely to fail.

Underperforming Technical Team 167

Underperforming Technical Team Innovation Tools Training 167

Jeffrey Phillips

NOVEMBER 28, 2017

Every company wants innovation, so desire isn't always the challenge. From a corporate innovation perspective, the best fuel is committed teams, working on important and relevant projects, working within a supportive culture. But that's a discussion about problem or opportunity definition. Where does the problem lie?

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Innovation Training Culture Tools 124

IdeaScale

MAY 30, 2019

The term “intrapreneur” has reemerged in recent years, but it was coined in 1978, and given the elegant definition of “ dreamers who do.”. Your intrapreneurs are the people already in your company who have many of the same attributes as an entrepreneur. What Can Your Intrapreneurs Do for Your Company?

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Crowdsourcing Conference Competition Company 113

Jeffrey Phillips

JANUARY 31, 2017

Almost every new innovation activity seems destined to experience some, if not all, of the same challenges and traps that previous innovation programs encountered, so it behooves us to document and illustrate these simple roadblocks if possible, to improve innovation outcomes and help companies just starting out to avoid some pitfalls.

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Boxes and Arrows

NOVEMBER 12, 2013

Dear Project Managers, It has been a very enjoyable experience working with everyone over the last couple of months and sharing our ideas on UX design. Don’t make the only UX designer in your company the UX team, don’t restrict the scope of UX design to the user interface alone, and don’t hide the users from the UX designers.

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Project Management Underperforming Technical Team Guidelines 98

Jeffrey Phillips

AUGUST 8, 2016

The article notes that innovators often use different terminology when describing their work or tools (eg customer experience journey) and have different deliverables, project expectations and time frames than other, more traditional projects. Is communication a big deal? I think so. This communication failure is important.

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