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Thinking about innovation and strategy

Jeffrey Phillips

That action may be creating a new product, or developing a new channel or business model. Of course, innovation can span a range of impacts and outcomes, from very incremental product innovation to industry changing business model innovation. Innovation is an action, but it is not often a plan or policy.

Strategy 284
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The Innovation Sophistication Index

Destination Innovation

Things are really happening with innovation and you are starting to see real results and improvements in performance. You are implementing modern concepts of Open Innovation and the Minimum Viable Product. Innovation can now become a serious competitive advantage for you. If you score over 18 then congratulations.

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Ignite Collaboration: 10 Virtual Team Building Activities for Success

Leapfrogging

Improved Productivity : Teams that communicate well and have strong interpersonal relationships tend to be more efficient and productive. Innovation and Creativity : Virtual team building can stimulate creativity by encouraging members to think outside the box and bounce ideas off one another.

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My innovation journey (so far)

Jeffrey Phillips

We felt that to remain competitive, larger companies needed to recapture the sense of wonder and adventure that working in the "front end" of innovation would create. My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations.

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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

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Becoming an innovative company: better late

Jeffrey Phillips

Determine what innovation should do for you In the past, all innovation was focused on product innovation, to create new and better products. The real impact (and real return) is in business model, experience and service innovation. Both can leverage open innovation.

Company 100
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The Path to Innovation: Implementing Effective Team Collaboration Practices

Leapfrogging

Team collaboration practices are essential for navigating these changes and staying competitive. Cultural Competence Training: Provide training that enhances understanding and appreciation of different cultures within the team. By staying ahead of these trends, teams can maintain their competitive edge and continue to innovate.