Destination Innovation

AUGUST 23, 2015

Nine out of ten companies believe that they are too slow to market with new products. In the consumer goods category around 80% of new products fail. These are some of the reasons why senior corporate executives are increasingly turning to separate innovation labs to spearhead their new product development.

Company 100

Company Underperforming Technical Team Innovation Report 100

Leapfrogging

MARCH 19, 2024

This transformation is visible in various facets of management, including: Strategic Planning : AI algorithms can analyze market trends and consumer behavior to inform the strategic direction of product development.

Artificial Inteligence 100

Artificial Inteligence Innovation Management Management Generative AI 100

Paul Hobcraft

NOVEMBER 1, 2023

Alignment and objectives within this post In this post, I will outline the eight focal points and explain how working with them will align individuals, teams, and companies to generate a dynamic innovation landscape. Develop the ability to present research findings in a clear, concise, and actionable manner.

Change 173

Change Underperforming Technical Team Technical Review Agile 173

Planview

OCTOBER 5, 2023

Speed in delivering high-value innovations is a critical differentiator that can make or break companies. According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 percentage points per year.

Product Development 64

Product Development Innovation Innovation Management Software 64

hackerearth

MARCH 5, 2018

So much that a McKinsey survey reported that 94 percent executives are unhappy with their business’ innovation performance. The most common aspect of some of the innovative companies is that they are also high-performing organizations. In innovative companies, innovation is not sporadic. Here’s what they are: 1.

Company 77

Company LEAN Underperforming Technical Team Innovation 77

Jeffrey Phillips

MAY 20, 2022

Data was occasionally consulted for reporting or historical evidence, but rarely drove decisions. When larger, integrated systems like ERP entered the business world, this unlocked data from the paper ledgers and placed it in computer systems which often had reporting solutions attached. Timing is also important.

Data 144

Data Report Strategy Strategy 144

Jeffrey Phillips

JUNE 9, 2021

The way most companies think about staffing is: how many people do I need to employ to operate day to day, supporting existing products and services, in the most efficient way possible? New product development, innovation and growth responsibilities are simply layered on top of their existing jobs.

Innovation 157

Innovation Course Product Development Resources 157

IdeaScale

FEBRUARY 19, 2020

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.

Brainstorming 173

Brainstorming Crowdsourcing Conference Product Development 173

IdeaScale

NOVEMBER 22, 2018

Because it’s a tool that values equality and that makes our jobs easier (at IdeaScale, we prioritize product development based on what people upvote in our community). What we learn drives decision making, company planning, and more. We offer our employees PTO to vote and we even volunteer at the polls on election day.

Report 113

Report Product Development Tools Collaboration 113

Michael Roberto

AUGUST 12, 2021

Robert Hackett and Declan Harty reported on this work in Fortune : A new study in the scientific journal Frontiers in Human Neuroscience finds that, over the decades, people tend to prefer newness and variety in music. Still, we have to take these findings seriously as we consider our decisions about new products and services.

Company 52

Company Study Creativity Analysis 52

PlanBox Innovation

FEBRUARY 7, 2023

As an innovation manager, you’re tasked with the challenging responsibility of leading the development and implementation of new ideas, products, and initiatives that will drive growth and competitiveness for your company.

ChatGPT 84

ChatGPT Analysis Trends Competition 84

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.

Open Innovation 105

Open Innovation Collaboration Innovation Technology 105

Innov8rs

NOVEMBER 27, 2023

Gartner reported that organizations with a portfolio-level approach to measuring and reporting innovation drive more efficient growth. BCG found that 94% of “Innovation-Ready Companies” have implemented end-to-end portfolio tracking as a source of truth to guide portfolio decisions. Companies like Nike and P&G do this well.

Software Review 105

Software Review Innovation Programs Project Innovation 105

Innov8rs

APRIL 7, 2024

This say-do gap presents a significant challenge for companies committed to sustainability—it's not enough for a product to be sustainable; it must also resonate with consumers on multiple levels, including cost, convenience, and quality.

How To 59

How To Engagement Innovation Groups 59

Paul Hobcraft

MARCH 27, 2018

Many companies are still in denial or not wanting to address the significant legacy and change required. Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different.

Innovation 185

Innovation Radical Innovation Design Big Data 185

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. Being an economist by training, I initially followed that path into financial and data analytics management roles within a major global energy company.

Open Innovation 94

Open Innovation Collaboration Innovation Technology 94

Planview

MAY 5, 2023

Fresenius Medical Care: Streamlining Portfolio and Work Management Fresenius Medical Care provides products and services for individuals with renal diseases. Based in Germany, the company operates 42 production sites on all continents to manufacture products such as dialysis machines, dialyzers, and related disposables.

Case Study 59

Case Study Project CTO Collaboration 59

Leapfrogging

FEBRUARY 9, 2024

This venture arm operates at the intersection of corporations and the startup ecosystem , and has become a strategic tool for companies to foster innovation and growth. By engaging with and investing in startups, companies can gain insights into emerging technologies, trends, and business practices.

Technical Review 100

Technical Review Engagement Marketing Competition 100

Taivara

AUGUST 29, 2018

Building an Innovative Company Culture. Executives love talking about “disruption” nowadays, but very few companies can achieve truly disruptive results. The reason: before you can disrupt an industry, you need to disrupt your own company culture first. Taivara Blog Post by Michael Shuchter. Contact Us.

Culture 44

Culture Company Underperforming Technical Team Disruption 44

Idea to Value

JANUARY 7, 2022

It might seem like a straightforward question, but it is fundamental to whether a company will end up succeeding at innovation or failing. While many experts have argued for this in the past, in reality the research suggests it will depend more on the needs of each company. Companies that survive do both.

Underperforming Technical Team 283

Underperforming Technical Team Resources Innovation Project 283

Adam Hartung

SEPTEMBER 29, 2015

At their annual meeting this week NACD released its newest report The Board and Long-Term Value Creation created by its Blue Ribbon Commission of leading Directors. Succinctly, the report calls on all Boards to help management overcome myopia around short-term results, and increase attention on creating long-term value.

Report 36

Report Technical Review Meeting Analysis 36

IdeaScale

AUGUST 24, 2021

Ibbaka is a consulting and technology development company focused on helping companies bring innovations to market and to help them to scale. One is we help companies understand how they create value and who they create value for and how that value is different from the value that other organizations may be trying to create.

Design Thinking 299

Design Thinking Design Innovation Software 299

Jeffrey Phillips

FEBRUARY 4, 2020

There is first elapsed time - the time from the first recognition of an opportunity or need until the product comes to market. For most companies, the preference would be that all innovation projects last no more than 88 days - a project should begin one day into the quarter and finish to deliver outcomes one day before the same quarter ends.

LEAN 155

LEAN Agile Innovation Project 155

Moves the Needle

MARCH 1, 2023

It was their job to ensure all aspects of the product development process were aligned and working together. Program management was steeped in technical processes, but also considered how product decisions would impact the product’s end users. Product Management reflected both of these facts.

Management 52

Management Agile Software Design 52

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. The companies that already have embraced InnovationOps are reporting promising outcomes. Curious to know more?

Innovation Management 59

Innovation Management Management Innovation Software 59

Christensen Institute

OCTOBER 7, 2022

Participants have access to not only an in-store supervisor, but also a job coach (from a local nonprofit with which the company partners), a “big sib” (a young employee), and peer associates. Companies should pay particularly close attention to the often-overlooked upside that a “big sib” can offer.

Development Team Review 98

Development Team Review Survey Report Study 98

Qmarkets

FEBRUARY 16, 2022

Innovation is critical for the long term success of any company, however in an industry which is led by technological and scientific development it’s even more critical. While the platform is up and running, the deployment and onboarding is still ongoing as the company continues to scale the program.

Idea Management 98

Idea Management Groups Management Case Study 98

Acuvate

JULY 5, 2023

With the rise of generative AI, companies now have access to powerful tools. These systems are designed to help companies manage their knowledge more efficiently by automating the process of collecting and analyzing informati on and then presenting it in an easy-to-access and use format. What is a GPT Knowledge Management System?

Generative AI 52

Generative AI Management Change Artificial Inteligence 52

Acuvate

JULY 5, 2023

With the rise of generative AI, companies now have access to powerful tools. These systems are designed to help companies manage their knowledge more efficiently by automating the process of collecting and analyzing informati on and then presenting it in an easy-to-access and use format. What is a GPT Knowledge Management System?

Generative AI 52

Generative AI Management Change Artificial Inteligence 52

Leapfrogging

APRIL 4, 2024

These gatherings are critical for aligning leadership on company vision, strengthening interpersonal relationships, and making decisions that will steer the company’s future. These should be aligned with your company’s vision and mission.

Underperforming Technical Team 100

Underperforming Technical Team Strategy Strategy Technical Review 100

Leapfrogging

FEBRUARY 28, 2024

It drives growth, differentiation, and value creation, allowing companies to stay ahead in a rapidly changing market. For instance, AI-powered chatbots and virtual assistants can engage with users, gather feedback, and report insights in real-time, offering a continuous stream of data that reflects evolving user needs and preferences.

Design Thinking 140

Design Thinking Artificial Inteligence Design Analysis 140

Leapfrogging

FEBRUARY 9, 2024

It propels companies forward, allowing them to adapt in rapidly changing markets and to respond effectively to evolving customer needs. Invest in Learning Resources : Provide access to the latest research, industry reports, and thought leadership on innovation.

Culture of Innovation 113

Culture of Innovation Culture Leadership Innovation 113

IdeaScale

MARCH 30, 2021

Incorporating sustainability into product development and organizational goals. Developing a circular process that incorporates lessons learned and challenges assumptions to develop new goals. Perceiving where the value lies in sustainability. Reiterating and upgrading business models and processes to be more sustainable.

Strategy 130

Strategy Strategy Meeting Innovation 130

Articles from GroundControl

FEBRUARY 24, 2020

What we learned is that there are three types of key performance indicators (or KPIs) each company should be tracking to measure innovation performance: Reporting KPIs are connected to Innovation Practice. The Reporting KPIs (or startup team KPIs) are the innovation metrics that fuel the whole innovation accounting framework.

Report 52

Report Innovation Learning Examples 52

eZassi

MAY 24, 2017

Pharmaceutical Companies Accelerate Innovation with Software Technology. First, A Look at Deloitte’s US Life Sciences Outlook Report. Deloitte released the 2017 US Life Sciences Outlook and the report discusses some very important points for the pharmaceutical sector to consider. It’s a great report and one worth reading.

Software Review 40

Software Review Technical Review Software Technology 40

eZassi

MAY 27, 2022

The CPG Industry aims to continuously reinvent itself as the online shopper experience and the in-person retail customer both demand personalized, convenient, in stock, economical, and exciting products. Half the company’s ideas must come from the outside. The ‘Connect and Develop’ model embraced by Alan G.

Industry 52

Industry Ideation Open Innovation Innovation 52