A while ago I sat down with Machiel Wetselaar & David van Dinther to create a list of innovation methodologies for a course we’re developing. Up to now we’ve gathered 71 different methodologies for implementing innovation in your organization. Innovation Cycle (Avans). New Product and Development Service Process (Hauser). New Product Development Front End (Khurana). Stage-Gates NPD Process (Cooper). MORE

Although the term “innovation” has found a place in everyday diction, true, game-changing innovation still remains elusive. The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. Not only is innovation necessary for enhancing competitive advantage, it is a requirement for businesses to thrive as well as survive. Then why is innovation such a rarity? MORE

Lots of industries care about intellectual property and proprietary information, but perhaps none more so than the automotive industry where product development is seen as the competitive edge. Strategies chunking idea management IdeaScale magneti marelli open innovation process prototyping testing MORE

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. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment. Suggested viewing: 12 – Disruptive Innovation. MORE

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. Open Innovation. It is innovation by sharing both the risks and rewards of new research. MORE

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. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed. MORE

Picked up “Creative construction, the DNA of sustained innovation” Why intrapreneurship. They have incredibly deep reservoirs of technical talent and operational skills critical to bringing innovations to the market. They have the infrastructure, know-how, and processes to get an innovative new product into the hands of millions of customers around the world almost instantly. What type of innovation do you need? Make innovation specific. MORE

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. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed. MORE