Why an Innovation Roadmap Tool is Still Key to Driving Your Long-Term Business Success

Leapfrogging

One of the most important tools in my arsenal as an innovation consultant is the Innovation Roadmap Template , a tool that provides a visual representation of steps to be taken to achieve a long-term strategic goal driven by innovation. . Innovation Roadmap ?is Innovation Roadmap ?tool

Innovation Roadmaps to Communicate Strategy Effectively

ITONICS

As competitive environments rapidly change, technological leaders in manufacturing have to find efficient solutions to foster innovation. Roadmapping

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All You need to know about Roadmapping in Innovation

ITONICS

Roadmapping has been used in industry for a while and recently has been extensively scientifically analyzed and further developed. All companies from corporations to SMEs need a quick and effective opportunity to deal with the topic of roadmapping, identify new technologies and embed them in their own corporate strategy. Thus, it’s essential to actively use robust methods such as roadmapping – to stay ahead of the competition. 4 Types of Roadmaps You should know.

All You need to know about Roadmapping in Innovation

ITONICS

Roadmapping has been used in industry for a while and recently has been extensively scientifically analyzed and further developed. All companies from corporations to SMEs need a quick and effective opportunity to deal with the topic of roadmapping, identify new technologies and embed them in their own corporate strategy. Thus, it’s essential to actively use robust methods such as roadmapping – to stay ahead of the competition. 4 Types of Roadmaps You should know.

Measuring Innovation Performance

competitive advantage or be a USP, is what drives every organization. roadmaps and another 9 hacks resulting in process improvements. Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. INTRODUCTION Constantly ?nding

How to be More Agile as Competitive Advantages Fade

New Markets Advisors

For years, Columbia Business School professor Rita McGrath has been telling us that the traditional strategy of finding and exploiting a sustainable competitive advantage is becoming outdated. The world is evolving too quickly for competitive advantages to last for a meaningful amount of time. While the value of leveraging your organization’s competitive advantages isn’t gone, it is diminishing. The breadth of its user base is certainly a competitive advantage.

Agile 40

Double Down on Digital Tech Innovation

Gregg Fraley

Adjust Innovation Project Roadmaps Now. More uncertainty will freeze some of your competition. To Revise Innovation Roadmaps: Double Down on Digital. Digital should already be in your Innovation Roadmap. Fraley Oracle Predictions for 2020 & 2021.

A Product Line Director with hands in the air

Huub Rutten

I always have to ask, beg, if others want to help me and my roadmap. It is my task to make sure the Sales guys have a modernized competitive Sales Catalog that will make them successful. And that is the starting point of your product line roadmap?”

A Product Line Director with hands in the air

Huub Rutten

I always have to ask, beg, if others want to help me and my roadmap. It is my task to make sure the Sales guys have a modernized competitive Sales Catalog that will make them successful. And that is the starting point of your product line roadmap?”

Increasing innovation focus on the end-user segments within the energy transition story

Paul Hobcraft

There is a compelling need to design a roadmap for changing the energy system in nearly all cases. Each energy roadmap needs to build a business case, one that starts by asking where are the efficiency increases going to come from to pay for any change? Innovative solutions here will require far more government intervention and incentive shifts and significant research and development to find solutions that are both competitive and compelling enough to make the change.

Accelerating Clean Energy Innovation

Paul Hobcraft

” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Why innovation portfolios matter

Jeffrey Phillips

Certainly companies are good at product portfolio and roadmaps, making decisions on how much to invest in older technologies, how much to invest in newer products and the roadmaps and versions that should be developed. Product roadmaps help us think through how a product will morph and add value over time, to remain valuable for customers by adding new capabilities or features. At this point in business evolution, every CEO understands the need for more innovation.

Systematic Innovation Management to Advance the Sustainable Development Agenda

ITONICS

Key industry data also suggests that even mature companies can be susceptible to innovation blockages if they do not have clear strategic roadmaps, in turn hindering their ability to act on industry drivers.

The Value of Systematic Innovation Management in Advancing the Sustainable Development Agenda

ITONICS

Key industry data also suggests that even mature companies can be susceptible to innovation blockages if they do not have clear strategic roadmaps, in turn hindering their ability to act on industry drivers.

Technology Scouting & Technology Landscaping – How They Differ and Why You Need Both

eZassi

Understanding your company’s “technical right-to-succeed” is critical to the success of your business: it’s what sets you apart from your competition and allows you to provide the best products and services your clients and users have come to expect. It’s not enough to know where the puck has been – you need to have a sense of where the puck is going in order to stay competitive.

Accelerating Clean Energy Innovation

Paul Hobcraft

” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Report 130

Accelerating Clean Energy Innovation

Paul Hobcraft

” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Report 130

Emerging Trends in the Automotive Sector

IdeaScale

Perhaps no industry has been as proprietary about their intellectual property as the automotive sector where their product development is their competitive edge. However, no matter what automotive company you work for, there are some emerging trends that will impact your roadmap. And that’s one of the reasons that collaborating with the crowd (at least for initial ideas) might be a great benefit to car manufacturers.

Trends 116

The Anaqua Difference

Anaqua

Our customer-centric approach along with our deep software integration define Anaqua’s roadmap and, ultimately, are what differentiate us from others in the industry. Simply put, if it is not in our clients’ best interest, then it is not in our product roadmap.

Swimming along a road in a flood of digital transformation

Paul Hobcraft

We need to create a digital transformation strategy, a clear roadmap and build the business case as it is going to be, well, umm…… transformational. It is recognizing and then facing up to your present ‘pain points’ and the key competitive places that agility, digital understanding and translating this into outwardly facing outcomes will significantly improve your abilities to compete, in often volatile markets.

Launching My Latest Book

Innovation in Practice

Competition for college professor roles is fierce. This book is the first roadmap for working professionals from any field who want to become a college professor, now or later. I’m thrilled to let you know my new book, So You Want to Be a Professor: How to Land Your Dream Job in Academia , just launched! If you or someone you know ever considered teaching, I hope you read this book. But first, I’d like to share why I wrote it.

From MW to GW’s of Renewable Hydrogen using Electrolyzers

Paul Hobcraft

The roadmap for Hydrogen announced by the European Union is looking to install at least 6GW of renewable hydrogen electrolyzers in the EU by 2024 and have in place 40GW of renewable hydrogen electrolyzers by 2030.

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question

Leanstack

And companies that continuously outlearn their competition win. Model-Prioritize-Test Over the years, while this meta-process has stayed the same, many more models (Customer Factory Blueprint, Customer Forces Canvas, Traction Roadmap), prioritization tools, and testing techniques have been developed in response to chasing yet more questions: - How do you size business models? -

Are You Doing Agile Right?

Leapfrogging

The Agile Innovation Process is a methodology for continually improving and adapting to competitive and consumer conditions in the marketplace. The key businesses processes that need to be developed ahead of implementing an agile innovation process of this kind are 1) some kind of roadmap or plan for innovation 2) definition of roles and responsibilities of team members.

Agile 100

Connecting Innovation is the New Order of Play

Paul Hobcraft

We are increasingly recognizing all the different collaborative tools increasingly at our disposal We are exploring both platforms and forming ecosystems to radically alter the competitive edge previously seen to reside inside the single company. Innovation is advancing but most of it has been designed for a different time, the old era of stable markets, predictable solutions and having a clear sense of your competition.

Manoj Khanna

Innovation 360 Group

My experience spans across technology-enabled strategy and implementation to enable organizations (finance, banking, insurance, retail, telecom, logistics, healthcare) create value, take out cost, and develop competitive advantage. Enabling organizations – strategic roadmaps, IT optimization, operating model definition. Based in the Netherlands and New York, USA. Background: Hello! I am Manoj.

New Publication: Strategic Service Business Development

ITONICS

Carolin Durst, Scientific Director at ITONICS, and Nadine Lumme, Senior Communications Manager at Siemens AG, have jointly published a new book chapter focusing on Strategic Service Business Development – Spotting Innovation Potentials and Ensuring Competitive Advantage. Spotting innovation potentials and ensuring competitive advantage.

Agility: Tanker, Speedboat, or School of Fish?

Huub Rutten

More than ever before in history, companies are at risk of missing the boat when it comes to “the continuous evolution of the internet, digitization, the climate change, new competition from startups, the rise of Chinese competition, new technologies and other new megatrends.”

Agile 52

Agility: Tanker, Speedboat, or School of Fish?

Huub Rutten

More than ever before in history, companies are at risk of missing the boat when it comes to “the continuous evolution of the internet, digitization, the climate change, new competition from startups, the rise of Chinese competition, new technologies and other new megatrends.”

Agile 52

Introducing Switchers

Innovation in Practice

Switchers provides a step-by-step guide, chock-full of actionable tips and useful tools, that empower readers to figure out their next move and draw a roadmap for how to get there. Negotiate a competitive compensation package—even as a “newbie” to the field. I am excited to announce a new book that was just released by my friend and colleague, Dawn Graham.

3 Warning Signs Your IT Strategy is All Wrong

MSSBTI

You are not seeing your IT strategy as a competitive advantage. Your IT strategy is no longer just a tool for back office operations, it is a key enabler to your business growth strategy and core to creating your competitive advantage. Your digital transformation begins with a digital strategy and technology roadmap. Strategic planning enables an organization to determine how its vision and objectives will be met through its resources and capabilities.

Timing of Innovation – Getting the Odds On Your Side

Idea to Value

The problem with timing is that every innovation only has a relatively small window of opportunity that happens when the technology and customers are ready, but there isn’t much entrenched competition. It requires companies to adapt, innovate, and find new ways to be competitive.

Engaging C-level managers in co-creation from silo-thinking to group dynamics

Be-novative

ACTION PLANNING TOGETHER: Rejoining the subgroups the leadership team can work on a Roadmap Canvas to make sure action is envisioned and supported on a whole-company level. USE EMPLOYEE ENGAGEMENT SURVEYS and create a group level competition about the results between the teams.

Engaging C-level managers in co-creation from silo-thinking to group dynamics

Be-novative

ACTION PLANNING TOGETHER: Rejoining the subgroups the leadership team can work on a Roadmap Canvas to make sure action is envisioned and supported on a whole-company level. USE EMPLOYEE ENGAGEMENT SURVEYS and create a group level competition about the results between the teams.

How much is innovation costing your organization?

Innovation 360 Group

Ultimately, the market evolved to support a declining price based on competitive price pressures, and that is good for everyone. Recapture your innovation investments. Three actions you can take to improve your innovation ROI.

Confusion or Diffusion in Energy Transition?

Paul Hobcraft

We lack any clear roadmaps or commitments from industry sectors, governments, or institutional framework. Innovation drives competition; it delivers the changed environment where those investing “steal a march” and take winning positions that alter the dynamics of industries, of energy solutions themselves. Following on from my recent post, “ Managing Energy Transition through Innovation ,” let me build out the innovation argument further.

“Lean Startup, or Business Model Design, or Design Thinking?” is the Wrong Question

Leanstack

And companies that continuously outlearn their competition win. Model-Prioritize-Test Over the years, while this meta-process has stayed the same, many more models (Customer Factory Blueprint, Customer Forces Canvas, Traction Roadmap), prioritization tools, and testing techniques have been developed in response to chasing yet more questions: - How do you size business models? -

PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

Do you have a roadmap for its short- and longer-term implications? This could for instance be future competitors or collaborators and the force could be competition from new entrants.

Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

Altimeter argues it is through these priorities, businesses are developing a roadmap that helps them compete for the present while building a next-generation business model to compete for the future. The pressing need is to address a competitive risk if you are not mapping and understanding the channels, touchpoints and shifts taking place in technology solutions that capture, evaluate and determine customer experience.

Report 183

Your Future Lies in Occupying the Innovation Job and Using the Skills it Provides

Paul Hobcraft

First, we have to recognize Human capital is still the most crucial asset of any business—in fact, even in an age of ubiquitous technology, it is human skills, creativity, and capability that will form the competitive edge for any organization. We need to build our personal roadmap. Source: World Economic Forum, Future of Jobs Report 2018.

System 208

A new cycle of innovation design

The Future Shapers

It is recognizing and then facing up to your present ‘pain points’ and the key competitive places that agility, digital understanding and translating this into outwardly facing outcomes will significantly improve your abilities to compete, in often volatile markets. Forming a strategy, roadmap and business case needs really many new considerations. We really do have this compelling need to have a new cycle of innovation design.

The Myth of the First-Mover Advantage: Why to be Smarter, Not Faster

New Markets Advisors

Why would anyone want to be late to the game when you’d just have to take on an entrenched competitor who already has name recognition and a host of other competitive advantages? As other companies released MP3 players, Apple sat back, observed where there were pitfalls among existing offerings, and created a solution that noticeably outperformed the competition on key dimensions. Companies today worry too much about being fast.

Four Steps for the successful Implementation of a holistic Innovation Management

ITONICS

With the help of questions on innovation strategy and objectives, innovation organization and processes, methodological competence, software solutions and the evaluation of innovation success, a personal innovation benchmark and an individually tailored roadmap are set up to show the potentials for an increasing innovation performance. We differentiate between Innovation Management Frameworks, Trend/Technology/Startup Management Frameworks and Roadmapping Frameworks.