How does innovation management help in digital transformation?

HYPE Innovation

The power of digital disruption is so immense that it now sits on the top priority list for almost every executive. In a new report by HYPE and MWD Advisors, we looked at the role that innovation management programs can play in helping companies to make this transformation.

Reap a Competitive Advantage with Effective Business Model Innovation

IdeaScale

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate.

Sorting through our Innovation Management Tools

Paul Hobcraft

We all are caught up in handling and understanding different management tools. There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. Disruptive Innovation Labs.

Tools 182

Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. Is radical innovation a bulleted point at board meetings?

4 Signs It’s Time to Hire an Innovation Management Consultant

IdeaScale

Innovation management consulting has emerged as a profession as businesses, nonprofits, and other organizations have started prioritizing innovation. Innovation management consultants help organizations establish innovation programs and keep innovation on track.

Recognizing Excellence in Innovation Management: ISPIM Grand Prize 2017

Innovation Excellence

ISPIM, the International Society for Professional Innovation Management, is delighted to announce the launch of the ISPIM Grand Prize 2017, for Excellence in Innovation Management.

Getting Started with Innovation Management

Strategos

What is Innovation Management? Innovation Management involves all activities that provide the right conditions for innovation to repeatedly deliver value for customers, competitive advantage and growth for the business as well as benefits for employees and all other stakeholders. Innovation management needs to become a professional discipline. Innovation needs to be on that same trajectory to provide significant value for a business.

Encourage Innovation Through Competition

eZassi

Whether the focus is on product development, service delivery, customer satisfaction, or market share capture, competition drives a company to improve its performance. Internal Competitions. External and Open Competitions. Elements of a Successful Competition.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation.

Innovation Management Award Spotlight: City of Calgary

IdeaScale

At IdeaScale, we host the annual innovation management awards in order to honor the accomplishments of some truly groundbreaking organizations, but also so that some of our smartest clients can share their best practices with others.

Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

In part 1 of this post , Ralph revisited key innovation issues that were already addressed by us three years ago. It doesn’t always translate to managers, however. Co-Innovation and startup engagement. It will become a hotbed for innovation in 2016 and the coming years.

The importance of innovation management in digital transformation

hackerearth

Embracing digital transformation is the only way to adapt to today’s digital era and transform your business to stay ahead of the competition. One of the vital contributors to digital transformation, along with a few other factors, is innovation management. “It

Disruptive Solutions Mindset 101

eZassi

Disruptive Solutions Mindset 101. Please join us as Denise Fletcher , our Chief Innovation Officer, will be a guest speaker on the Coffee Break with Game-Changers radio show, hosted by Bonnie D. Disruptive Solutions Mindset. Advancing Innovation Management.

The importance of innovation management in digital transformation

hackerearth

Embracing digital transformation is the only way to adapt to today’s digital era and transform your business to stay ahead of the competition. One of the vital contributors to digital transformation, along with a few other factors, is innovation management. “It

Top 10 short-term online innovation management courses

hackerearth

Innovation is one of the most popular terms used in the corporate world. As described by Sundar Pichai, CEO, Google, “Innovation is more of an idea than location.”. Why take a course on innovation? Innovation is not a process it is state of mind. Innovation Management.

How to enable Disruptive Innovation in an enterprise? [video included]

Be-novative

Disruptive Innovation is not a linear process. This is why we need to change a few aspects of the traditional innovation management approach to encourage employees to become intrapreneurs and drive more breakthrough results. and the real innovators know that.

Video 52

Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry.

Measuring Innovation, Part 3/3: The Growth Innovation Index (GII)

Innovation Excellence

This article is the third and final in a series of 3 articles discussing measuring product innovation.

Top 10 short-term online innovation management courses

hackerearth

Innovation is one of the most popular terms used in the corporate world. As described by Sundar Pichai, CEO, Google, “Innovation is more of an idea than location.”. Why take a course on innovation? Innovation is not a process it is state of mind. Innovation Management.

Measuring Innovation, Part 2/3: The Criteria for a Good Innovation Index

Innovation Excellence

This article is the second in a series of three articles discussing measuring product innovation.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Initiates the innovation process.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. Initiates the innovation process.

How 3 companies used disruptive innovation to transform their industries

Idea Drop

Christensen, the term ‘ disruptive innovation ’ refers to a new entrant into a market who eventually disrupts and outperforms the established players. Here we look at three examples of disruptive innovation and how each company used it to transform their industries.

Disruptive innovation: a risk worth taking?

Idea Drop

Type the word ‘disruptive’ into Google and suggested synonyms include ‘troublemaking’, ‘unruly’, ‘riotous’, ‘undisciplined’ and ‘turbulent’. Disruptive innovation is a divisive topic. Disruptive innovation gets a lot of bad press. Innovation Strategy

5 Innovation Management Best Practices for Amplifying ROI – Qmarkets’ Head of Customer Success Shares Her Insights

Qmarkets

The great American oceanographer Edith Widder once said: “Exploration is the engine that drives innovation, and Innovation drives economic growth… So let’s all go exploring.” ?? Remember, innovation is an ongoing process. So, what lesson does this hold for corporate innovators?

Is your company up for disruption? Possibly not

David Marks

Disruptive technologies and upstarts are wrecking havoc far and wide, they warned, and (unless you hire us) you will be the next to go. They attract the greatest talents and push technology and innovation ever further offering unparalleled value to consumers.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit.

Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

With so much disruptive innovation happening so fast, it has become less and less rare for companies to be formed around a service or product that defines them for their lifetime. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

Bringing Your A-Game: What Game Theory Can Teach Us About Innovation Management

Qmarkets

By understanding these mechanisms and formulae, you can gain a clearer picture of how best to focus and refine your innovation strategy to gain that all-important competitive advantage. Game Changing Potential: The Value of Game Theory in Strategic Innovation.

Bringing Your A-Game: What Game Theory Can Teach Us About Innovation Management

Qmarkets

By understanding these mechanisms and formulae, you can gain a clearer picture of how best to focus and refine your innovation strategy to gain that all-important competitive advantage. Game Changing Potential: The Value of Game Theory in Strategic Innovation.

Business model innovation: a core capability for disrupting your industry

hackerearth

Although avant-garde cases of business model innovation like Apple are rare, there are many companies that have tested the waters and tasted the success of innovating their business model. Your business model is, therefore, your company’s nidus for innovation.

5 Innovation Management Best Practices for a Productive Launch – Qmarkets’ Head of Customer Success Shares Her Insights

Qmarkets

Innovation Exploration – Unlocking Potential in Uncharted Territory. The great American oceanographer Edith Widder once said: “Exploration is the engine that drives innovation, and Innovation drives economic growth… So let’s all go exploring.” ?? Got innovation trepidation?

Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry.

Business model innovation: a core capability for disrupting your industry

hackerearth

Although avant-garde cases of business model innovation like Apple are rare, there are many companies that have tested the waters and tasted the success of innovating their business model. Your business model is, therefore, your company’s nidus for innovation.

4 Ways to Beat Innovation Management Anxiety – How to Get Past the Fear and Find Your Next Big Idea!

Qmarkets

Over 2000 years later, C-suite executives at major companies the world over are certainly feeling this specific pain when it comes to innovation. It’s easy to see why corporations feel incapacitated by fear when it comes to innovation. Fear of Being Open with Innovation.

Myth Busted: Does Creativity Need Resources?

Innovation Excellence

Continue reading → Build Capability Creativity Finance Innovation Innovation Perspectives People & Skills Product Innovation R&D Research Strategy Disruptive Innovation ideas Innovation Management

Finding the balance between incremental and disruptive innovation

hackerearth

If there’s one thing people world over will agree on, it is this—no business will sustain if it can’t innovate. People are scrambling to design and manage the perfect innovation portfolio, but the discrete, uncoordinated initiatives are leaving them more confused than ever.

4 Ways to Beat Innovation Management Anxiety- How to Get Past the Fear and Find Your Next Big Idea!

Qmarkets

Over 2000 years later, C-suite executives at major companies the world over are certainly feeling this specific pain when it comes to innovation. Some companies also fear innovation will compromise corporate security and intellectual property. Fear of Being Open with Innovation.

Digital Disruption and How Businesses Can Best Leverage It

Qmarkets

At some point, digital disruption comes for every organization. While some companies might be flexible and lucky enough to ride a wave of disruption and survive , if you are able to predict and prepare for it accordingly you might be able to use it to thrive.

Why companies need an innovation management program

Tata Consultancy

Organizations have always been innovating, whether incrementally or radically: the former to aid the running of the business and the latter to transform it. What has changed is the pace with which innovation must occur. The days of developing a competitive advantage that will endure for decades are past. Such an innovation management program must identify the overarching challenges or ‘gaps’ the organization is trying to overcome.

Disruptive Innovations Highlight a Specific Dilemma for Legacy Financial Institutions

Qmarkets

The innovator’s dilemma, across industries, is that in order to become great, a company has to do many things right. How Disruptive Financial Innovations Disrupt. The new disruptive financial innovations establish, as it were, a new value network.

Using ‘innovation’ as a catch all word is dangerous

The Future Shapers

Innovation seems to be one of those few evergreen words. So in today’s digital world it comes to no surprise that innovation has become nothing short of a religion with “innovate or die” as its battle cry. When it fails, people say it lacked the ability to innovate.

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

Even North and South Korea walked under a united banner at the Winter Olympics.Things have been no less epic on the corporate innovation front. To this end, we’ve provided a rundown of five major trends that continue to dominate the innovation scene in 2018.