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.

ISPIM Grand Prize 2016 – Recognising Excellence in Innovation Management

Innovation Excellence

ISPIM Grand Prize 2016 is looking for cases that significantly advance the practice of innovation management in proven application, not theory. The advance should be in how innovation is managed, we are not seeking proposals that describe the actual end output, the what.

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.

How to Achieve High-Quality Ideas in Idea Competition?

Ideanote

In the previous blog post, we laid out the concept behind in-house innovation competition and the benefits that come with it. Now, we will give you a few useful tips on how to manage the contest to assure high-quality ideas are born. Idea Management

Idea Competitions and Why Your Business Needs One

Ideanote

They all swear by in-house innovation programs which give every employee a chance to pitch their ideas. So, if you want to join the innovative crowd and get some fresh input for your new product, internal idea competition is your answer. Corporate Innovation

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.

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.

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)?

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)?

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.

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

What Is Business Intelligence?

Collective Innovation

This can include information about the company internally, customer information, market information, sales velocity, competitive information and numerous other metrics. When used correctly this data can allow companies to reasonably predict the outcome and validate their decisions while still moving quickly and innovating. If you’re creating a new product historical data can provide a good measure as to what costs and revenue can be expected.

What is process innovation and why it can transform your business

hackerearth

Continuous innovation is critical to achieving and maintaining a steady competitive advantage. There are three types of innovation: product innovation, process innovation, and business model innovation.A What does process innovation mean?

What is process innovation and why it can transform your business

hackerearth

Continuous innovation is critical to achieving and maintaining a steady competitive advantage. There are three types of innovation: product innovation, process innovation, and business model innovation.A What does process innovation mean?

How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Of the CIOs surveyed in India, 51 percent reported that they were heading innovation, whereas 49 percent reported that they were leading digital transformation.

How to enable inclusive innovation

hackerearth

The innovation system would meet the needs of every person. Inadequacy or inaccessibility should not constrain people’s innovative ability. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations. Innovation Management

How to Sort and Score Innovation Ideas

IdeaScale

A disciplined approach to evaluating innovation ideas is necessary. Companies have to move forward in an era of rapid technological change, and innovations are often the key to staying ahead of the competition by developing new products, processes, and business models.

How To 141

Building the Single Innovation Digital Platform Environment

Paul Hobcraft

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. What if you could manage your innovation in the ways shown in this diagram? Innovation today requires, no demands more connectivity.

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Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. 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.

How to scale innovation

hackerearth

In today’s competitive landscape, it’s important that your products stay ahead of the status quo so you can set apart your company’s offering from the competition. In the process of developing cutting-edge products, innovation is just the first step.

How to scale innovation

hackerearth

In today’s competitive landscape, it’s important that your products stay ahead of the status quo so you can set apart your company’s offering from the competition. In the process of developing cutting-edge products, innovation is just the first step.

Principles of open innovation

hackerearth

There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. This affects the innovative performance in turn.

Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. 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.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Innovation can’t be tackled through broad-brush recipes or tools.

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Innovation Department Best Practices: A Talk with Peter Berger

IdeaScale

Peter Berger is the Director of Innovation for EmbraerX, a Silicon Valley innovation unit of Brazilian aerospace company Embraer. Berger recently sat down for an interview with IdeaScale’s Jessica Day for IdeaScale Nation, the company’s innovation podcast.

Marie-Laure Muiras, PhD

Innovation 360

Trained as a scientist in France,with a MBA degree from a UK business school, Marie-Laure has 25 years of hands-on experience in international program management, technology transfer, change and innovation management. Today, she aims at building innovation capabilities, enabling flexibility and ensuring a healthy portfolio of beyond product innovation across organisations. Innovation Management. International Project Management.

Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. I would suggest on the very way we manage innovation.

Trends in Innovation in the Chemical Industry

Yet2

In mid-May, yet2 sponsored the NPD and Innovation in the Chemical Industry conference , organized by the European Networking Group. Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference.

Capabilities and Leadership Close the Skills Gap in Manufacturing

Innovation 360 Group

Global manufacturing executives rank “skilled talent” as their #1 competitive differentiator. When it comes to innovation, building capabilities and applying the right leadership style give top performing manufacturers the edge over skills-focused peers.

The innovation value lies within the new system

Paul Hobcraft

As many of our business organizations seek to optimize their processes across the company, they are constantly reaching more outside to gain growing partnerships and greater innovation interactions. Building new innovative collaborations. The evolving innovation lab.

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Innovation through intrapreneurship

ideas4allinnovation

This article published in the Harvard Business Review argues that they certainly exist, provided they have an environment that favors and promotes innovation, with prior knowledge of existing needs in the market. Intrapreneurship programs: focusing on innovation.

Does culture eat strategy for breakfast?

Innovation 360 Group

Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. Culture is the key to any successful organization but by itself is not enough to stay on top in a hyper-competitive world.

11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

As opposed to entrepreneurship, entrepreneurial thinking is not necessarily bound to entrepreneurs (to be); it is an essential skill for ‘strengthening human capital, employability and competitiveness’ (Bacigalupo et al., Are managers prepared to allow experimentation? Introduction.

The Innovation Mosaic: Building Bridges Between the Many Perspectives on Innovation

Legacy Innovation Group

The Innovation Mosaic: Building Bridges Between the Many Perspectives on Innovation. I have been a student of innovation for more years now than I care to count. Business Management. We begin with Business Management. Thank you, Business Management.

Co-creating volume 3

Innovation 360 Group

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? Every one of us has full access to an infinitely varied and vastly underused resource: Innovation. Innovative thinking alone will not be able to get there, though.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.

Why organization matters for Innovation Success

Innovation 360

Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. Culture is the key to any successful organization but by itself is not enough to stay on top in a hyper-competitive world.

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created?

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created?

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. The slides for my talk (entitled “How standards research can inform open innovation”) are online at SlideShare. For the 2014 book, I sought to bring together the prior research on the various network forms and tie them to open innovation.

Co-creating volume 3

Innovation 360

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? Every one of us has full access to an infinitely varied and vastly underused resource: Innovation. Innovative thinking alone will not be able to get there, though.

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

Innovation used to be something that would happen in a physical setting, be it in a workshop, a laboratory, research center, etc. Now, with the advent of innovation software, the process of ideation and collaboration mostly happens online. Benefits of Online Innovation.