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Air, Water, Food

CorporateIntel

In product development, it might be an innovative, competitive technology solution that is worth marketing because it will surprise and delight customers. If you don’t have a product worth selling, you don’t have a business.

Innovation Confidence Course

Jeffrey Phillips

The author refers to a lot of factors that stymie innovation, including many of the usual suspects: holding a brainstorm and then doing nothing sustaining a fear of failure thinking innovation is something the technology guys do One of the factors that caught my eye also got me thinking, however. That factor was "create an obstacle course for ideas". What's wrong with an obstacle course? Shouldn't the best ideas be the result of an obstacle course?

Course 109
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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Innovation is essential throughout the entire new product development (NPD) process, but nowhere is it more key than it is in the Fuzzy Front End (FFE) stage. FFE is the starting point of NPD and is where new product ideas are generated before entering the formal development process.

BD Named 2015 Outstanding Corporate Innovator Winner by Product Development and Management Association

Innovation in Practice

The Product Development and Management Association (PDMA), the premier global advocate for product development and management professionals, announced today that it has awarded the 2015 Outstanding Corporate Innovator (OCI) Award to BD (Becton, Dickinson and Company) (NYSE: BDX). The OCI Award is the only innovation award which recognizes sustained (five or more years) and quantifiable business results from new products and services.

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future. In this case, we are not talking about acquisitions for market share, but instead for new markets or new technologies.

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future. In this case, we are not talking about acquisitions for market share, but instead for new markets or new technologies.

How Corporations Can Manage New Ventures and University Projects as Extensions of their Advanced Product Development

Corporate Innovation

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future. In this case, we are not talking about acquisitions for market share, but instead for new markets or new technologies.

Decision Making Attitudes

Huub Rutten

Mostly innovation decisions “seem” to be based a rational argumentation, supported by market analysis, business case calculations, strategic scorecards, technology feasibility studies, etc. They invent stuff and then they look if they can create a product or solution out of it.

Digital Transformation - an interview

Huub Rutten

Huub, you are right we digitize our products and processes since we use chips and sensors. And since the chips can connect to applications outside their devices, of course there are many more possibilities for modernization. We have Digital Twins of course.

Agile 52

Digital Transformation - an interview

Huub Rutten

Huub, you are right we digitize our products and processes since we use chips and sensors. And since the chips can connect to applications outside their devices, of course there are many more possibilities for modernization. We have Digital Twins of course.

Agile 52

The Word EPIC

Huub Rutten

In my daily practices of developing innovation management methods and software I cannot avoid the term anymore: nearly every development methodology or project management methodology uses EPICS as a kind of starting point for a development project. Product Development

Agile 52

The Word EPIC

Huub Rutten

In my daily practices of developing innovation management methods and software I cannot avoid the term anymore: nearly every development methodology or project management methodology uses EPICS as a kind of starting point for a development project. Product Development

Agile 52

The CEO, innovation and cash gaps

Huub Rutten

His company develops, manufactures and sells discrete consumer products. Joe’s company is listed and he reports on a regular basis about the progress of the company to both the financial markets and his non-executive Board. Next: A Product Line Director with hands in the air.

The CEO, innovation and cash gaps

Huub Rutten

His company develops, manufactures and sells discrete consumer products. Joe’s company is listed and he reports on a regular basis about the progress of the company to both the financial markets and his non-executive Board. Next: A Product Line Director with hands in the air.

System Engineering in an Agile environment

Huub Rutten

Andrew is a senior Director System Engineering in a big manufacturing company: “You should understand Huub, Agile gives a lot of freedom to the development teams. Of course they like that. First, we don’t know where the development teams will end up.

System Engineering in an Agile environment

Huub Rutten

Andrew is a senior Director System Engineering in a big manufacturing company: “You should understand Huub, Agile gives a lot of freedom to the development teams. Of course they like that. First, we don’t know where the development teams will end up.

Product Management in the eye of the hurricane

Huub Rutten

Dear reader, some years ago I interviewed a product manager of a big company to find out how the role of product manager was defined and how it worked in the day to day practice. The company develops and produces complex instruments and equipment and is a world leader in its segment.

Product Management in the eye of the hurricane

Huub Rutten

Dear reader, some years ago I interviewed a product manager of a big company to find out how the role of product manager was defined and how it worked in the day to day practice. The company develops and produces complex instruments and equipment and is a world leader in its segment.

The Banks Guide to scouting Fintech

Matthew Griffin

Of course why rely on someone actually asking this question when you can have a twenty by ten foot Twitter wall ask a panel of industry executives from Banco Santander , Intesa Sanpaolo, Lloyds Banking Group and RBS for you? But wait up but are the banks and other industries that scout in this way actually in danger of missing out on valuable new innovative solutions and products? When Accor and Hilton were reviewing the market do you think they investigated the rental market?

Have the Banks already been Disrupted?

Matthew Griffin

Over the past two weeks I’ve talked to a number of senior C level executives from some of the UK’s largest retail banks to understand more about their views of the world and their perception of the market and while outwardly little looks like its changing at the Big Five banks their executives are not sitting comfortably. On the one hand you have a growing apathy and disenchantment towards the banks which of course hasn’t been helped by the recent LIBOR, PPI, Forex or Bank Charge scandals.

The rise and rise of Entrepreneurs

Matthew Griffin

Today technology and digital have lowered the bar to entry and the number of people around the world starting companies has risen ten fold to 100 million and the number of patent applications has risen six fold. Google’s new product initiatives though have helped it increase earnings by $6 billion over the past 5 years but during the same period small start ups have created new markets worth over $1.5 “When people come together with a common purpose anything is possible.

How Apple created two giants

Matthew Griffin

About the Author: Recognised in 2013 and 2014 by the public as one of Europe’s leading Emerging Technology and Disruption Strategy advisers Matthew Griffin is an international speaker who works with global Accelerators, Analysts, Entrepreneurs, Investors, Governments and Fortune and FTSE multi nationals to help them reinvent themselves and adapt to new market conditions. __. Why be the assembler when you can be the Venture Capitalist behind the next big technology wave?

Is it novel?

Mike Shipulski

The best growth: sell new products or provide new services to new customers; next best: sell new to the same customers; next next best: sell more of the same to the same customers. But when an up-start outsider enters the market back-to-front, the wheels fall off. When they develop useful newness before you and sell it to your customers (new customers for them), that’s not good. Decisions How To Risk Seeing Things As They Are no-to-yes Product Development Engine

The Art of Agile

etventure

In this article, etventure’s Head of Product Gregor Ilg will take a closer look at the buzzword “Agile” – and de-mystify Agile in a business context. Agile development has been around since the 90s, and became popular shortly after the turn of the millennium, when the Manifesto for Agile Software Development was formulated and signed by Kent Beck and 16 fellow software developers. If it is not applied properly, agile development can easily turn into chaos!

Agile 50

Established companies must be startups, and vice versa.

Mike Shipulski

To create new markets and new customers, established companies must be a little bit startup, and to scale, startups must ultimately be a little bit established. Trouble is, all companies need both – established companies need new markets and startups need to scale. New technologies come on-line, and new business models test the waters. Unless, of course, if the environment changes or the business model runs out of gas.

So Where Is Innovation Heading?

Paul Hobcraft

Innovation has gone from being islands of knowledge, developing new products and services exclusive to that one company, then quickly copied by the competitors, into something radically different. There are significant shifts underway towards digital innovation in R&D and new-product development. Of course, this shift requires really big changes in strategy, operations, the organization and in each individuals orientation.

Staffing for growth and innovation

Jeffrey Phillips

Of course, with that and a towel, you can accomplish almost anything. But the question about staffing for growth, new products and innovation is an important and interesting question. None had created a new product from scratch based on a new idea and customer insights.

Course 149

It's past time to reintroduce risk into corporations

Jeffrey Phillips

I was on a conference call recently, discussing an upcoming keynote that I'll deliver to a academic-federal government program meant to accelerate new technologies from basic research into the market. We were talking about the "ecosystem" of contributors that can help move basic research from academia and research labs to market. One participant talked about the role that large corporations could play, and sometimes do play, in commercializing new technologies.

Interview with Design Thinking Leader Steven Forth on What Makes Business Model Innovation So Challenging

IdeaScale

Ibbaka is a consulting and technology development company focused on helping companies bring innovations to market and to help them to scale. We try to understand how people develop skills, how they apply them, how they combine with other people.

Innovating from the outside in

Jeffrey Phillips

What I mean by that is to start taking your cues from your customers, the environment and future realities, and shape your capabilities and products to meet those emerging wants and needs. This is, of course, exactly opposite from what we've been told to do over our careers.

Conditions for innovation to succeed

Jeffrey Phillips

Can we rank them and decide which ones need more development? For example, one of the biggest idea killers is the inability for many companies to take really good ideas and get them prioritized in the existing product development process.

Agile 157

What IdeaScale is Grateful For

IdeaScale

Because it’s a tool that values equality and that makes our jobs easier (at IdeaScale, we prioritize product development based on what people upvote in our community). Companies that report high levels of diversity are 45% more likely to report that their firm’s market share grew over the previous year and 70% more likely to report that the firm captured a new market.

Report 109

Can Brands Meet the Challenge of Achieving a Sustainable Innovation Strategy?

IdeaScale

Sustainability and the broader topic of Environmental, Social, and Corporate Governance (ESG) are often viewed as either marketing initiatives or related to a larger social aspect of basic good governance and responsibility to shareholders. Developing a Circular Process.

What innovation leaders share with military leaders

Jeffrey Phillips

I'm a fan of military history, and it is always striking to me to see how much new product development and innovation can learn from the military and vice versa. Get unfiltered insights from customers and the market.

Organizational Models for Breakthrough Innovation

Integrative Innovation

However, separation is a two-edged sword: on the one hand it helps secure protection of novel ventures from a company’s dominant core and nurtures their development. One major question to be answered prior to forming and implementing an innovation team is: What are the responsibilities of the dedicated team vs. the responsibilities of the company’s established units and functions in the course of a considered innovation initiative?

Six factors that lead to greater innovation success

Jeffrey Phillips

Not about why supposedly innovative new products fail, because there are multiple reasons for the failure of a new product. It could be too early or too late in the market window, or it could simply have the wrong pricing or distribution. A new product may lack key features or components, or like some successful products take years to build an audience. I'm actually more interested in the 90+% of ideas that never make it to product development.

GovTech Leaders 2020: What Does GovTech Really Need?

CREATORS

Of course, we are aware that we might have missed some incredible people?—?we GovTech creates a real chance to adopt technologies and innovative operational models quickly, efficiently and with the resident-centric approach. GovTech simply means “Government Technology”.

Which pace of change to align to?

Jeffrey Phillips

I can present all of the technology adoption charts , the fascinating nuggets of data that tell you how quickly different products or technologies were acquired by millions of customers. Whether we are talking about change in your global markets, in your industry or in your customer base, change is everywhere. Look at just one of my favorite data nuggets: how long it took specific products or technologies to reach 50M users.

Change 109

What is Lean Innovation? Components and Examples

Moves the Needle

Methods are needed that focus on the customer experience, allow us to adapt to new information, and help us make decisions based on market-based evidence. Applying these principles or methodologies throughout an enterprise helps mitigate the risk of producing products or services no one wants , and allows the allocation of capital and resources to ideas that create value. In many companies, older products are coming to end of life and they need to make way for new ideas.

The Quality Chronicles

CorporateIntel

There is no argument that we live in a world of staggering speed, where competitors race to meet customer needs and time to market matters. Information compounds on our desktops, the team with analysis paralysis most often loses to the nimble risk takers—but all this means is that in product development , the role of Quality Assurance (QA) has never been more critical. You want an industry defining product, show us the money or don’t ask for a date.

The Case for Dual Innovation

Tim Kastelle

It turned out compelling to me, given the inherent conditions a large company operates in, that decoupling explorative innovation (such as the development of new-to-the-company technologies and/or business models) from innovating the existing core business is mandatory for an organization in order to establish a balanced and sustainable innovation capability. This requires risk taking, of course, since no one can foresee the outcome or results of such initiatives.

Survey 156

Decluttering Your Office Space

The Human Factor

You need to make sure that it is clean and clear in order to provide a space where people can be safe and productive. However, progress in technology means that now, we don’t necessarily need paper or physical files all the time. source.

15 most important Innovation Theories your company should be using

Idea to Value

When should it be used: Any organisation that wants to enable their staff who have an idea to “try it out” or do an initial market experiment. Put simply, it theorises that small companies can disrupt the market of large companies by releasing a new version of an offering which appeals more to a subset of the customers. Over time and iteration, this new technology will begin improving to handle more demanding uses.