Innov8rs

OCTOBER 21, 2022

To stay competitive, the entire organization needs to become more innovative and innovation can’t be delegated and/or relegated to the Chief Innovation Officer (CINO) alone. To stay competitive, companies started to embrace platforms and ecosystems as part of their strategy and innovate with others. Here’s a summary of what we learned.

Innovation 52

Innovation Tools Competition LEAN 52

Qmarkets

JUNE 26, 2019

Of course, exploring unfamiliar territory – Edith herself participated in over 250 deep-sea dives – can often be a daunting proposition. Exploring new territory can be both daunting and exhilarating – whether it’s oceanography or innovation management! Let’s dive in! Feeling stuck?

Innovation Management 40

Innovation Management Management Ideation Resources 40

Qmarkets

MARCH 16, 2018

Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012. We believe that any executive who wants to pull their organization in new directions must look inward as well as outward – a feat that can be achieved more easily with an idea and innovation management platform.

Innovation Management 69

Innovation Management Change Management Technical Review 69

Moves the Needle

MAY 16, 2016

The product team says they struggle to keep up with a long list of features required by product management. Product management says feature requirements come from sales. What they need in order to be more competitive may or may not require technical innovation. Of course not. Innovation is somebody else’s job.

LEAN 75

LEAN Company Underperforming Technical Team How To 75

InnovationTraining.org

DECEMBER 12, 2022

What is the difference between design thinking and Lean UX? This can help teams to break down the problem into manageable parts and generate creative solutions. This can drive competitive advantage and improve the organization’s performance. How can I apply design thinking to my business? How can I learn design thinking?

Design Thinking 74

Design Thinking Design Underperforming Technical Team Ideation 74

David Marks

OCTOBER 27, 2017

Companies get away with it because most of the time the competition does indeed comes from existing players. Management would have experienced a paradigm shift and divert resources to an iPhone beater. Sales would lean on their channels to ensure better exposure to the new product. A ‘better the devil we know’ attitude.

Industry 49

Industry Innovation Management Management Technical Review 49

CMOE

FEBRUARY 10, 2023

Defining measurable goals allows you to track progress and make adjustments where necessary to stay on course. How can our department help support those changes and maintain the company’s competitive advantage? To ensure you are making the right choice, lean on SMART goal setting. Why Are Department Goals Important?

Tips 52

Tips Underperforming Technical Team How To Software Review 52

Matthew May

DECEMBER 4, 2015

There’s nothing wrong with operational excellence of course, but in my view, that’s merely one aspect of organizational fitness. Nothing wrong with that, of course, but it completely ignores the raison d’etre of any organization: the consumer. Also, operational excellence can simply mean that you get a great return on assets.

LEAN 100

LEAN Agile Company Course 100

Huub Rutten

FEBRUARY 1, 2021

Of course I also have to report results of the current business, revenue numbers, market share, etc. and of course they want to see a positive trend here, but above all they want to know how we as a company want to respond to major trends in the market, how we want to compete, where we want to invest new capital.

Course 52

Course Innovation Marketing Trends 52

Huub Rutten

FEBRUARY 1, 2021

Of course I also have to report results of the current business, revenue numbers, market share, etc. and of course they want to see a positive trend here, but above all they want to know how we as a company want to respond to major trends in the market, how we want to compete, where we want to invest new capital.

Course 52

Course Innovation Marketing Trends 52

Huub Rutten

FEBRUARY 1, 2021

Of course I also have to report results of the current business, revenue numbers, market share, etc. and of course they want to see a positive trend here, but above all they want to know how we as a company want to respond to major trends in the market, how we want to compete, where we want to invest new capital.

Course 52

Course Innovation Marketing Trends 52

Moves the Needle

FEBRUARY 15, 2023

This, of course, flies in the face of Clayton Christensen’s Innovator’s Dilemma, the misapplication of Horizon Planning , and the mythology of the ambidextrous organization. Run informal competitions or workshops, much like hackathons, that instead of building products or prototypes, build exploration skills.

Disruption 40

Disruption Innovation LEAN Competition 40

Innov8rs

AUGUST 22, 2023

For Christian Lindener, Co-Managing Partner of EMEA Delivery and Client Success at Mach49, the answer is clear. To succeed with corporate venture building, lean on one of the main resources you already have: your people. It’s easy to say “we need a growth engine”. The question really is – how?

Marketing 52

Marketing Roadmap Disruption Management 52

David Marks

OCTOBER 27, 2017

Companies get away with it because most of the time the competition does indeed comes from existing players. Management would have experienced a paradigm shift and divert resources to an iPhone beater. Sales would lean on their channels to ensure better exposure to the new product. A ‘better the devil we know’ attitude.

Industry 40

Industry Innovation Management Management Technical Review 40

CMOE

NOVEMBER 9, 2021

This allows leaders to invest in essential areas such as career development, coaching, and mentoring that can sharpen a business’ competitive edge and reputation. In exit interviews, over half of exiting employees say that their manager or company “could have done something to prevent them from leaving.” Skill-based workshops.

Strategy 98

Strategy Strategy Underperforming Technical Team Training 98

mjvinnovation

JANUARY 15, 2021

All markets have become increasingly competitive, with more demanding consumers who are aware of their choices. Innovation and technology – hand-in-hand – are essential to ensure their competitiveness. Workshops Customized EAD courses Organization of events Hackathons. Consultancy in Process Management.

Technical Review 52

Technical Review Innovation Entrepreneurship Analysis 52

Tim Kastelle

MAY 5, 2016

As he’s been working more with established firms trying to innovate, his view has evolved – now he shows how discovery and execution integrate : This, of course, is another version of the ambidextrous organisation issue that Ralph Ohr has been digging into deeply. We’ve run into this on some of our GCP projects.

LEAN 100

LEAN Project Innovation Marketing 100

Moves the Needle

MAY 12, 2016

The product team says they struggle to keep up with a long list of features required by product management. Product management says feature requirements come from sales. What they need in order to be more competitive may or may not require technical innovation. Of course not. Innovation is somebody else’s job.

Company 64

Company Underperforming Technical Team LEAN How To 64

mjvinnovation

SEPTEMBER 11, 2020

Having to go to the agency, finding it difficult to manage their own money, being held hostage by fine print, fiddling with a nonfunctional app, waiting in line to talk to the manager, and continued putting up with that service, because they had no other options. Here are some tips to help you stay the course on this journey.

Change 52

Change Artificial Inteligence Tips Data 52

Paul Hobcraft

AUGUST 19, 2017

Partly it seems executives don’t engage with their brand or business in the way that their customers do” The difference between DMAIC, DMADV, and Innovation Management (tackling a critical part of Six Sigma). It does not tell leaders how to manage their organizations” An introduction to Design Thinking for Innovation Managers.

Crowdsourcing 199

Crowdsourcing Innovation Engagement Design 199

Moves the Needle

OCTOBER 9, 2018

Of course, I am referring to the people. Not to be overly cynical, but what usually comes next is pretty predictable - statements about how culture is a competitive advantage. They must lead through utilization of 3 E’s of Lean Innovation: Empathy, Evidence, and Experimentation. Leaders of innovators must trust, but validate.

How To 74

How To Culture Competition Innovation 74

Jeffrey Phillips

JULY 6, 2015

If Drucker was right, what does that say about most executives, who are busy managing costs? There are competitive issues, regulatory issues, market issues, and of course the financial markets are a roller coaster right now. To manage resources effectively and improve the lot of the people.

Innovation 100

Innovation Resources Engagement Competition 100

Qmarkets

AUGUST 26, 2021

This requires establishing processes and procedures that allow you to manage the discovery, development, and implementation of ideas, resulting in a repeatable, scalable, and sustainable way of innovating. Innovation puts businesses in the best position possible to see out disruption, beat competition, and build business longevity.

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Open Innovation EU

FEBRUARY 4, 2016

A while ago I sat down with Machiel Wetselaar & David van Dinther to create a list of innovation methodologies for a course we’re developing. The Lean Startup (Ries). The Lean Enterprise. Design Competitions. Managing Distributed Innovation (Bogers). Managing Unsolicited Ideas (Alexey).

Crowdsourcing 81

Crowdsourcing Innovation Open Innovation LEAN 81

The Human Factor

APRIL 15, 2019

The problem, of course, is that this pushes up prices. Inventory Management. When practitioners fail to manage dental inventory , costs go up, and the patient experience suffers. Companies need automated inventory management to keep labor costs down. image source. image source.

LEAN 37

LEAN Innovation Course Competition 37

Tim Kastelle

APRIL 30, 2016

Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives. Engine 2 efforts are disruptive and potentially game changing. Source: Accenture.

Disruption 100

Disruption Innovation Survey Study 100

Paul Hobcraft

JULY 5, 2017

Of course, much of what we have will still remain. Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition. Now we have to weave them together. This does need a real change but can we achieve it?

Innovation 178

Innovation Design Agile System 178

Innovation Excellence

JULY 3, 2020

According to Global Human Capital Trends 2015 pg 36, “Organizations that create a culture defined by meaningful work, deep employee engagement, job and organizational fit, and strong leadership are outperforming their peers and will likely beat their competition in attracting top talent.”. Employees who feel their voices are heard are 4.6x

Culture 89

Culture Meeting Engagement Leadership 89

Moves the Needle

JANUARY 21, 2019

Based on a study from PwC , 54% of executives say they struggle to align innovation strategy with business strategy, and 72% say they are not out-innovating their competition. Problems of this nature signify deeper issues that are not necessarily related to innovation, but to management, culture and communication.

Underperforming Technical Team 72

Underperforming Technical Team Strategy Strategy Leadership 72

Qmarkets

JULY 8, 2017

Unless well planned and executed, digital disruption – the inevitable deluge of new tools and processes that is part and parcel of refining digital business processes – can be akin to managing a natural disaster. Get Lean: One of the most important factors when it comes to combating disruption is flexibility.

Disruption 56

Disruption Underperforming Technical Team Brainstorming LEAN 56

Paul Hobcraft

OCTOBER 22, 2017

Of course, this greatly depends on what I am working on, for others and, or for myself. The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.” It continually keeps innovation as inefficient and less effective. So where does that take me or innovation?

System 147

System Innovation Design Resources 147

Qmarkets

JUNE 30, 2017

Unless well planned and executed, digital disruption – the inevitable deluge of new tools and processes that is part and parcel of refining digital business processes – can be akin to managing a natural disaster. Get Lean: One of the most important factors when it comes to combating disruption is flexibility.

Disruption 53

Disruption Underperforming Technical Team Brainstorming LEAN 53

mjvinnovation

AUGUST 21, 2020

The cloud call center, for example, is a competitive differential and an innovative means of interaction, improving customer support services and enabling a help desk optimized for high touch customers. Under normal conditions of course! To combine lean operations and flexible management: Growth Hacking + Agile.

Agile 76

Agile LEAN Trends Marketing 76

CorporateIntel

APRIL 9, 2018

I am suggesting that it could if Facebook does not radically rethink its business in real time and take immediate action to course correct. Top management didn’t take the time to fully think through the implications of their product decisions. I am not predicting that will happen. Those are both lofty ideals.

Course 61

Course LEAN Leadership Company 61

Technology Created

DECEMBER 23, 2015

As a father, I can tell my daughter many facts about riding a bike: put your foot on the forward pedal to start, look straight ahead, lean into the turn, steer to keep your balance. Clearly, answering this question is an area of differing opinion and knowing “the answer” of course is a fool’s errand. Here’s the question however.

Innovation 40

Innovation LEAN Course Company 40

Moves the Needle

JANUARY 30, 2019

One way to combat this is to use the process of Lean Innovation to alleviate some of the uncertainty and guide the strategy based on evidence (data + insights). Leaders need to incentivize taking risks and manage performance based on progress toward impact, not return on investment from the outset. But big successes are hard!

Technical Review 74

Technical Review Underperforming Technical Team Technology Leadership 74

Michael Roberto

AUGUST 28, 2018

In this article, the scholars examine how firms learn and adapt over the course of business cycles. During a downturn you may have to do very different things: make sure your customers won’t fail on credit; that your inventories are lean and your costs are controlled; and reduce your workforce.”

Learning 20

Learning LEAN Course Competition 20