Why innovation portfolios matter

RTI Innovation Advisors

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.

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.

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. Forming a strategy, roadmap and business case needs real considerations.

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.

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.

A Beginner’s Guide to MVP

etventure

When you join a roadmap meeting and you hear people talking about the “MVP”, you better make sure they are actually talking basketball before you throw in your favorite Michael Jordan story. What is an MVP? Why is it important for your business?

What do most innovative companies have in common?

hackerearth

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.

Imaginatik CEO publishes groundbreaking business book

Imaginatik

The authors share key lessons of new ecosystem-based economic models, whileproviding a pragmatic roadmap of how to execute on them. A changed competitive environment creates new rules and steps to take — as useful for start-ups as for mid-market firms and global brands.

The Benefits of Losing a Star Employee (Temporarily)

Michael Roberto

At the same time, training programs can help the star develop team building or leadership skills that contribute to the firm’s longer-term roadmap upon her return. We often convince ourselves that star employees are indispensable. We worry about losing them, even for a short time.

Relating to the New Innovation Era

Paul Hobcraft

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. I firmly believe we are on the cusp of a new innovation era.

Agile 184

Everything you need to know about innovation management software

hackerearth

roadmapping, portfolio management, idea management). Is a product/portfolio roadmap chalked out for the future?

Creating Innovation Connections as the Customer Advocate

IdeaScale

As the customer advocate, you’ll need consistent habits that help you: Stay informed about customer satisfaction and the competitiveness of your offerings. But don’t rely only on them to create the future roadmap for your product or service.

Is your company up for disruption? Possibly not

David Marks

Over the past decade, industries far and wide, from publishing, advertisement, music, retail, hospitality and transportation seen revenues diminish and/or potential customers flock to new competition from teenage and toddler companies like Amazon, Google, Facebook, Uber, AirBNB, Netflix and Spotify.

Munich Re offers a real clarity to their innovating future

Paul Hobcraft

This is no finished roadmap but it does give investors and multiple stakeholders a really decent understanding of how Munich Re are managing their transformational journey.

Innovation management software: Everything you need to know

hackerearth

roadmapping, portfolio management, idea management). Is a product/portfolio roadmap chalked out for the future?

The only two measures that matter

David Marks

In this blog post I’ll explain how it can be applied to explaining the competitive position of companies. YKK controls the unglamorous zipper market, through a combination of superior process (quality control and competitive manufacturing) and brand power scaring away competitors.

B2B 60

71 Innovation Methodologies

Open Innovation EU

Design Competitions. Roadmapping. 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.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

We need to ask can this lead to disruption, ours and others for competitive advantage? Business digital transformation, it can certainly get your pulse racing as you start looking for the nearest exit.

On the Origin of Companies

David Marks

The Natural monopoly axis measures the degree of which a company is shielded from competition. New technologies, competitors, regulations and social trends have a nasty habit of diminishing competitive advantages so laboriously accumulated.

How to setup an ‘innovation team’

hackerearth

The strategy and the roadmap towards the desired innovation-driven mode are critical. The team must be capable of capturing and interpreting market and competition insights, trends and predictions.

Successfully shaping Digital Transformation

ITONICS

The way how new business models evolve depends to a large extent on how companies adapt their established value-added processes and structures to environmental changes and on how they face competition. The figure below highlights the benefits of network-effects for competitive advantage.

Why use hackathon management software

hackerearth

This helps companies execute new ideas at a phenomenal pace, helping them stay ahead of the competition through constant innovation. Here it completely depends on understanding the final solution and how it integrates into the company's roadmap.

Why use hackathon management software

hackerearth

This helps companies execute new ideas at a phenomenal pace, helping them stay ahead of the competition through constant innovation. Here it completely depends on understanding the final solution and how it integrates into the company's roadmap.

Digital transformation – the need to transform our innovation approaches

Paul Hobcraft

We need to ask can this lead to disruption, ours and others for competitive advantage? Business digital transformation, it can certainly get your pulse racing as you start looking for the nearest exit.

In defense of industry-agnostic innovation management

David Marks

Companies get away with it because most of the time the competition does indeed comes from existing players. Based on the assessments we provide clear recommendations and roadmaps for improving companies innovation credentials.

Reinvention: Accelerating Results in the Age of Disruption

Innovation in Practice

The opportunity to proactively leverage disruptive events in an effort to leapfrog the competition and actually accelerate results. Exciting new management concepts such as The Law of the 21st Century Business Jungle*, Age of Disruption Principles*, and the 21st Century Competitiveness Cycle*.

What do you need to innovate?

David Marks

Technology leadership forges a competitive advantage. Based on the assessments we provide clear recommendations and roadmaps for improving companies innovation credentials. Why are some companies more innovative than others?

Why take an industry-agnostic approach to innovation

David Marks

Companies get away with it because most of the time the competition does indeed comes from existing players. Based on the assessments we provide clear recommendations and roadmaps for improving companies innovation credentials.

5 Things to Stop Doing to Enable Enterprise Innovation

Moves the Needle

Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). *This post originally appeared on Mind the Product.

Next-Generation Mobility Stratifies OEMs

Corporate Innovation

Later the same month GM’s management team held an investor day to present the roadmap of its autonomous vehicle program and detail the mobility services it intends to offer using such vehicles starting in 2019, building on its tests in San Francisco and Scottsdale, another suburb of Phoenix.

Managing Feedback Systematically to Build Better Products

KindlingApp

It has the power to change the product roadmap and offers clues towards ways the product might address market fit, but as any product manager knows, not all feedback is created equal. External feedback helps the product adapt to market changes and competition. Customers, especially in target verticals, can be a helpful indicator for which features will appeal most strongly to the market in general, but they certainly shouldn’t dictate the product roadmap.

Choosing the right innovation approach for your business

hackerearth

Creating new business models or value propositions, enhancing the efficiency of existing businesses, and sustaining growth in a complex competitive and fickle landscape—that’s innovation. Waiting for inspiration to strike is not a sustainable method of securing competitive advantage.”

5 Things to stop doing to enable enterprise innovation

Moves the Needle

Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). *This post originally appeared on Mind the Product.

The power of agile innovation

Wazoku

These pillars are the key components required for building a coherent and strategic roadmap for building a culture of innovation and becoming an ‘everyday innovator ’. Amazon, Google, Microsoft, Netflix, Facebook, Intuit and Capital One.

Agile 60

You Are Being Digitally Disrupted – Do Something About It

The Inovo Group

By reducing economic friction, digitalization enables competition that pressures revenue and profit growth. Make the working group diverse and give it the authority to create a strategy and roadmap for how to approach your digital transformation.

The Many Lessons of Andy Grove

CorporateIntel

I want to share something more personal about him, the key takeaways from the few times I met him in person during roadmap briefings at Intel in the 1990s. Achieving competitive advantage before others see it coming is where your investments must be all the time.

Hackathons—HR’s best friend

hackerearth

What you need to know is that none of these tools were a part of the plan or roadmap. People don’t take them too seriously or get too competitive. Trying to find an example of the “walking a thin line” idiom is easy.

What is innovation management and why your organization needs it

hackerearth

OECD, 2005) Research shows that it is a consequence of competitiveness; to increase sales, it will address customer needs better, open new markets, and find new ways for positioning. Understanding Innovation Management. What besets today’s companies?

What is innovation management and why your organization needs it

hackerearth

OECD, 2005) Research shows that it is a consequence of competitiveness; to increase sales, it will address customer needs better, open new markets, and find new ways for positioning. Understanding Innovation Management. What besets today’s companies?

How ITONICS’ customers practice trend and technology management

ITONICS

Millenet: Caro, what makes your innovation management different from the competition? Millenet: Once again: Why does this give your customers an advantage over the competition? New services, products or business models can then be planned and controlled using ITONICS Roadmap.