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Thinking about innovation and strategy

Jeffrey Phillips

I've been asked several times lately to write about, or perhaps more specifically, to opine about, innovation strategy. If you are a somewhat regular reader of this blog or my work generally, you may know that I think talking about innovation strategy conflates two very important ideas that are related but not the same thing.

Strategy 284
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12 Types of Innovation You Should Know in 2021

IdeaScale

What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Social Innovation.

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Mastering the Art: Using Organizational Culture for Business Agility and Resilience

Leapfrogging

The Power of Organizational Culture Organizational culture is the bedrock upon which companies build their strategies and operational approaches. For strategies on leading this change, delve into lead culture change for greater innovation & business growth and develop executive leadership to drive organizational culture change.

Agile 130
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Why innovation must become the new core competency

Jeffrey Phillips

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. New ideas that are at first radical become profitable, then draw competition, and then become mainstream ideas.

Agile 157
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Why innovation portfolios matter

Jeffrey Phillips

What I constantly fail to understand is why innovation is treated so cavalierly, with so little regard for planning and integration to strategy. In many cases it's as if executives throw up their hands and succumb to the idea that innovation is black magic. Innovation does require creativity and expansive thinking.

Roadmap 130
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Innovation: Exploiting and Exploring

Jeffrey Phillips

Yet many corporations artificially narrow this to simply creating new products, when in effect we should be focusing on innovating business models, channels and experiences. Simultaneous and broadly defined Instead of narrow definitions, we need to open up innovation definitions to larger thinking.

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How To Build An Innovation Capability That Lasts

Innov8rs

Yet sporadic innovation is not enough to keep up with changing markets and evolving demanding customer needs. Unfortunately, not all corporates know how to innovate consistently over time. More than just product innovation, innovation encompasses services, processes, experiences, business models, and more.

How To 59