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Dark Innovation: Why Stealth is the Way to Go

Phil McKinney

By "going dark" — keeping a project or initiative under wraps (in stealth mode) — a team can progress without the risk of interference. Personal Example of a Dark Innovation Project Over my career, I've created several dark innovation projects leading to commercial products and services.

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Use a Strategy Uncertainty Map to Find Clarity in Disruptive Times

Leapfrogging

A Strategy Uncertainty Map is a visual representation of your top opportunities, which can include products, services, projects, or business strategies. For example, when you assess your projects on the basis of your uncertainty in these two areas, you get a relative view of which projects carry the most risk so you can invest more wisely.

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How to use the 70-20-10 Rule to drive innovation within your business

Leapfrogging

The basic idea behind the rule is that 70% of stakeholder time and organizational resources for innovation projects should be spent on core business, 20% on related projects to the core business and 10% of the time to projects unrelated to the core business but that can drive the organization forward. . . Leapfrogging ?and?

How To 130
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You can't burn data

Jeffrey Phillips

This comparison was strong enough to lead Wired magazine to define data as the new oil in a magazine article some years ago. As the concept of digital transformation takes root, you may frequently hear comparisons between data and oil. After all, both are abundant commodities that can create value.

Data 157
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FinTech and Machine Learning

IdeaScale

According to Fortune Magazine, some of the top financial technology trends for 2017 are consumer trust, buying behavior, mobile banking, blockchain, cybersecurity, and access. And machine learning could be applied towards many of those already (for example: using data to optimize for consumer buying behavior).

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How Benchmarking Against Market Leaders Can Drive Business Success

Leapfrogging

Look at your competitive set and determine which companies you want to compare yourself with. Segment your competition into different groups of companies depending on how you want to compare yourself. It is important to follow rules related to competitive intelligence gathering during this phase.

Marketing 100
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11 female innovation leaders share their definition of innovation

Idea to Value

Then, have a process for aligning strategy (which pulls you forward) with budgeting (which anchors you backward) with project governance (which is usually a total mess) with people’s incentives. Innovation must be rooted in improving competitive advantage, customer needs, employee expectations and now, sustainability. Tiffani Bova.