article thumbnail

11 female innovation leaders share their definition of innovation

Idea to Value

I spoke to 11 of the world’s leading female innovation experts to get their definition of “innovation” The variety in their responses may surprise you. 15 experts share their innovation definition in order to answer the question of “What is innovation?” What is your definition of “innovation”?

article thumbnail

Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. Thus, for most businesses, the only truly lasting source of competitive advantage these days is the pace of innovation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Innovation project or Innovation Capability?

Jeffrey Phillips

I've been writing, speaking and consulting about innovation for over 15 years, and I'm constantly amazed by the different perspectives and definitions about innovation. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

Project 209
article thumbnail

L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true.

Project 241
article thumbnail

5 Early Indicators Your Embedded Analytics Will Fail

In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.". Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late.

article thumbnail

Eliminating innovation unknowns - definitions

Jeffrey Phillips

How do we prioritize existing projects and new innovation work? Perhaps one of the simplest, and yet most important unknown to address is a definition of innovation. We at OVO often demand that our clients develop a consistent definition of innovation that can be communicated to teams within the organization.

article thumbnail

Building the Innovation Business Case

Paul Hobcraft

Knowing the issues, reducing often the ‘noise and distractions’ and making the professional case is what we need to do to attract commitment to the projects we are working upon. The ‘ fit for purpose ‘ in strategic and innovation intent, definitions of success, the core values, sense of mission.