Moves the Needle

JANUARY 3, 2019

Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. What is Commercialization?

Product Development 75

Product Development LEAN Underperforming Technical Team Marketing 75

Leanstack

MARCH 14, 2019

And companies that continuously outlearn their competition win. A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?

LEAN 76

LEAN Design Thinking Design Roadmap 76

Idea to Value

APRIL 12, 2022

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 257

Strategy Strategy Technical Review Innovation 257

etventure

NOVEMBER 30, 2016

Friedrich Arnold, Senior Project Manager at etventure, explains how manufacturers can embrace the Lean Startup methodology as the centerpiece of their Digital Transformation. Proudly, the Head of Production explained to me: “We use Lean Production – meaning we eliminate waste from our manufacturing process.” The Proud Leader.

LEAN 56

LEAN Underperforming Technical Team Project Technical Review 56

Qmarkets

JULY 31, 2023

This will increase productivity, improve customer experiences, streamline workflows, and reduce costs, resulting in long-term competitive edge. Our combined expertise in digital transformation, omnichannel strategies, and innovation management will empower businesses to stay competitive and adapt to changes in the market and customer demands.”

Culture 98

Culture Technical Review Software Review Roadmap 98

Kainexus

OCTOBER 13, 2021

In today’s hyper-competitive and rapidly changing environment, organizations must find innovative ways to improve quality, reduce waste, and get products to market quickly and efficiently. One of the most popular techniques is Standard work.

Software 90

Software Software Developers Software Development LEAN 90

Moves the Needle

SEPTEMBER 21, 2018

Lean Innovation Case Study: Bringing a New Product to Market Don’t have time to read the whole article? This is the story of how Edmunds.com used Lean Innovation practices to make their mission a reality. Eventually, they determined that Lean Innovation principles would be the best way to tackle this uncertainty.

LEAN 58

LEAN Case Study Study System 58

Qmarkets

MARCH 27, 2024

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

Qmarkets

MARCH 14, 2024

Business model innovation involves changing these aspects significantly to respond to shifts in the market, technology, or customer preferences. Lego’s adaptation to the digital age helped it to remain relevant and grow in a market where digital entertainment increasingly competes with physical toys.

Software 52

Software Innovation Innovation Management LEAN 52

mjvinnovation

MARCH 11, 2020

Is your company aligned with the new direction that the energy market is heading towards? Energy market: the future is knocking. The 5 technologies that will revolutionize the energy market in the coming years: 1- Blockchain. An Open Energy scenario arises in which micro markets become possible. 5- Digital Twins.

Artificial Inteligence 52

Artificial Inteligence Trends Marketing Internet of things 52

Moves the Needle

NOVEMBER 28, 2018

Anyone who has ever attended Lean Startup Conference (previously known as Lean Startup Week) in the past knows that this annual event regularly features invigorating speakers that divulge the newest insights and innovations in modern management for a wide array of industries and company types. Click to Tweet.

Conference 45

Conference LEAN Culture Learning 45

Moves the Needle

JANUARY 22, 2016

Market research often falls short when it comes to innovation. Here’s why: Modern market research methods, like Lean Startup, do a great job of focusing on customer-centric discovery. It generates insights through empathy (one of the 3 E’s of Lean Innovation, see 5 Ways to Spark Innovation at Your Organization ).

Marketing 58

Marketing Underperforming Technical Team LEAN Report 58

Leanstack

MARCH 14, 2019

And companies that continuously outlearn their competition win. A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean. March 9, 2012 - Running Lean Meta-Process - Lean Canvas Continuous Innovation Framework 2.0?

LEAN 40

LEAN Design Thinking Design Roadmap 40

InnovationTraining.org

SEPTEMBER 12, 2019

Launching a campaign to customers is nerve-wracking for even the most established marketing department. Rather than leaning on agencies for ideas and new ways of marketing devised through layered assumptions, clever theories and cliché discussions around “what millennials want”, lean on your customers instead.

Marketing 40

Marketing Technical Review LEAN Design 40

Paul Hobcraft

NOVEMBER 18, 2018

The belief that lean management principles will get the innovation out of the door quicker, has been one of those management adoptions that often trick us into believing we are achieving more than we actually are. Leans slows down and becomes increasingly burdened by fat being layered on, further down the innovation execution process.

Innovation Processes 206

Innovation Processes LEAN Innovation Agile 206

Leapfrogging

APRIL 25, 2022

We want to be the OpenTable of X” (with X referring to a market outside of dining) became a familiar phrase in Silicon Valley following the company’s market success, and remains so today. Restaurants were the first vertical market, but the strategy at the time was staggering in scope. That’s what creates competitive advantage.

Innovation 130

Innovation System LEAN Agile 130

Innov8rs

NOVEMBER 27, 2023

By 2010, the Lean Startup methodology built upon these principles, emphasizing rapid experimentation and customer feedback to guide businesses towards sustainable business models. ABInBev has created the world’s first beer and full marketing campaign made with AI, naming it Beck’s Autonomous. million potential combinations.

Artificial Inteligence 64

Artificial Inteligence Innovation Ideation Data 64

Innov8rs

NOVEMBER 27, 2023

Having the best AI writing assistant on the market is useless if you work for an ice cream company. I am a strong believer and advocate of agile, design thinking, and lean startup. Lower Costs Lean Startup and Agile methods have a clear ROI - they lower costs. Resources Needless to say, innovation teams need resources.

Training 72

Training LEAN Innovation Resources 72

Kainexus

JULY 13, 2023

Organizations implement process improvement initiatives, using various process improvement tools, to drive operational excellence, enhance customer value, achieve cost savings, and remain competitive in their respective industries.

Tools 81

Tools Competition Industry Marketing 81

Jeffrey Phillips

NOVEMBER 10, 2021

There are a few things I'd like to comment on about this announcement, but what is really interesting (at least from an innovator's point of view) is that we get to have a live experiment about the innovation capabilities and capacities of three sister businesses, all entering the market at the same time. Getting smaller faster?

Agile 144

Agile Innovation Culture Leadership 144

Christensen Institute

MAY 30, 2023

Does the innovation target nonconsumers or people who are overserved by existing offerings in a market? Does the offering have a technology that enables it to improve and capture a larger market over time? I put it to the Christensen Institute’s six-question test to determine the answer. Not really.

Disruption 98

Disruption Innovation Artificial Inteligence Resources 98

Taivara

MARCH 22, 2017

Finding a Viable Market. Time and again we see both start-up founders and major corporations invest huge amounts of time and money in a product, only to find that there isn’t an adequate market for it or that it’s way too difficult to compete. Identify current and future competition. Download the White Paper.

Marketing 37

Marketing LEAN Innovation Software Developers 37

The BMI Lab Blog

AUGUST 17, 2021

Alongside the series of episodes with entrepreneurs and innovation leaders, we recommend the first-ever ETL Research bonus episode which looks at one of the first empirical studies about lean startup , an approach that BMI Lab follows since day 1. If you want to find out more about our lean startup approach, check out our Launchpad.

LEAN 52

LEAN Innovation Tips Technical Review 52

Moves the Needle

MAY 16, 2016

Most big companies struggle to compete in existing markets. What they need in order to be more competitive may or may not require technical innovation. At Intuit, MTN Co-Founder Aaron Eden started the snowball by running “LeanStartIN” workshops under the radar to teach lean startup to small handfuls of colleagues. No one can.

LEAN 75

LEAN Company Underperforming Technical Team How To 75

hackerearth

MARCH 5, 2018

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. They adhere to lean principles of product development.

Company 77

Company LEAN Underperforming Technical Team Innovation 77

Tim Kastelle

MARCH 7, 2016

This requires companies to proactively or reactively innovate their business models in order to remain competitive. The platform environment is mostly characterized by a tension between collaboration and competition of the participating companies, often referred to as coopetition. Cases in point: Lego and Burberry.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Integrative Innovation

MAY 3, 2014

The resonance to my recent post on integrating Lean Startup and Design Thinking features to a combined process has been stunning. A couple of days after having had published my post, Paolo Lorenzoni from IDEO confirmed the complementary nature of Lean Startup and Design Thinking. It really seems to have hit a nerve!

LEAN 96

LEAN Design Thinking Innovation Design 96

Your Ideas are Terrible

OCTOBER 16, 2016

You need to follow a Lean Startup process and test your idea with customers. You’d love to steal talent from marketing, engineering, and sales … but your colleagues would leave garbage on your desk. You want top designers, developers, content marketers, and product managers with 3-5 years of experience.

LEAN 96

LEAN Software Engineering Innovation Design 96

Cris Beswick

APRIL 16, 2024

Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets. Embracing the reality of continuous volatility Remaining relevant means staying vigilant to the constant changes initiated by customers, markets, regulators, employees, etc.

Innovation 59

Innovation Culture Creativity Disruption 59

Tim Kastelle

MAY 5, 2016

“Why aren’t they market entry problems?” The program was originally designed as part of Wharton’s marketing program – so the projects were conceived as market entry problems, exactly as Steve said. ” he replied. I was stumped by his question for a couple of days. What causes the difference?

LEAN 100

LEAN Project Innovation Marketing 100

Jeffrey Phillips

NOVEMBER 11, 2021

Note that what my clients are asking for is to create an innovation capacity that outlasts a product need, or market gap, or executive team member. After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move.

Innovation 157

Innovation Culture Training Project 157

Jeffrey Phillips

APRIL 13, 2016

It's the natural order of economics that when an opportunity is available, everything rushes in to fill the vacuum, and as the market becomes crowded various offerings must differentiate themselves from the others to demonstrate value. Lean is about stripping away unnecessary assets to focus on doing the most with the least.

LEAN 100

LEAN Agile Innovation Software 100

Moves the Needle

OCTOBER 20, 2022

Strength might come from technology invention, distribution, raw materials, or dominance in a particular market. Guardrails that define your sandbox are established broadly by the markets you’re already in. What is the product’s competitive advantage or differentiation and why is it important to the customer?

How To 40

How To Trends Marketing LEAN 40

Moves the Needle

OCTOBER 4, 2018

Action: In order to determine a plan of action, we met with their Bom Negocio leadership team in Brazil to discuss a number of items: How frequently they were interacting with customers, How long it has been taking to bring products to market, How important business decisions were being made: were they typically made based on evidence?

Groups 45

Groups Case Study Underperforming Technical Team LEAN 45

Paul Hobcraft

AUGUST 11, 2022

Our ability to perform differently will provide new avenues of innovation discovery and eventual value to offset or bridge the need to make a change we will be forced to make in these different market and society conditions. The four interwoven catalysts to approaching innovation are discussed here.

Innovation 189

Innovation Design Collaboration Engagement 189

Jeffrey Phillips

JUNE 24, 2019

From that wave we've had successive efficiency strategies: Six Sigma (an outgrowth of the quality movement), business process re-engineering, lean, outsourcing and right-sizing. Making efficiency the core theme of the business assumes that the competitive environment changes slowly, and that efficiency and size matter when competing.

Innovation 171

Innovation Strategy Strategy LEAN 171

Leapfrogging

APRIL 10, 2024

They may also delve into methodologies like lean startup principles and agile development to illustrate how continuous testing can lead to successful outcomes. Implementation and Execution The final phase of the innovation process is where ideas are executed and brought to the market.

Innovation 113

Innovation Leadership Ideation Innovation Processes 113