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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. Uber is a current prime example: they are attempting to expand into healthcare and travel.

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15 most important Innovation Theories your company should be using

Idea to Value

However, recently there have been a number of startups providing a software solution to enable companies to set up innovation challenges, have thousands of people submit their ideas, and then evaluate and manage these ideas in a more structured way. An example of the dashboard of Idea Management Systems: Wazoku’s Idea Spotlight.

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Timing of Innovation – Getting the Odds On Your Side

Idea to Value

The problem with timing is that every innovation only has a relatively small window of opportunity that happens when the technology and customers are ready, but there isn’t much entrenched competition. In essence, this means that usually the time isn’t right for most innovations. Being too early. Trends and regulatory changes.

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Innovating: So What Is Possible?

Paul Hobcraft

This is the tough ground to travel through and over. Each business has a need, to grow, to add value, to beat or at least equal competition, or should do. In the Lean Methodology we are discovering the MVP (minimum viable product) as the process to travel through as we “Build- Measure- Learn” as the feedback loop.

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The only two measures that matter

David Marks

Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. In this blog post I’ll explain how it can be applied to explaining the competitive position of companies. But those are the lucky few. The reason is simple. Take the company in position A.

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Solving people’s innovation problems

ImagineNation

Doing this enables them to affect the deep, powerful and positive changes that innovation requires: because they will deliver successful organizational change or reinventions, develop innovative organizations and achieve business transformations that result in increased competitiveness, growth and value.

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The only two measures that matter

David Marks

Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. In this blog post I’ll explain how it can be applied to explaining the competitive position of companies. But those are the lucky few. Be under this line?—?and The reason is simple.