Jeffrey Phillips

OCTOBER 6, 2021

For many years, in writing this blog, and in leading innovation projects for my clients, I tried to advocate for the benefits of innovation. The companies that do make the bet, and that do focus on innovation, often show the benefits in terms of higher profits, greater market share and higher stock prices.

Innovation 167

Innovation Project Culture Disruption 167

Moves the Needle

JANUARY 3, 2019

But how can an enterprise organization re-invent product commercialization? Lean Innovation doesn’t begin and end with product development. It does not include product development. Most companies have a product development process that is completely separate from their go to market strategy.

Product Development 75

Product Development LEAN Underperforming Technical Team Marketing 75

Leapfrogging

MARCH 19, 2024

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services. It helps organizations to: Anticipate future trends and consumer demands.

Artificial Inteligence 100

Artificial Inteligence Generative AI Analysis Technical Review 100

Innov8rs

APRIL 7, 2024

Innov8rs | Breakthrough innovations are characterized by their ability to disrupt or redefine the competitive landscape, often rendering existing solutions obsolete. They represent a radical departure from existing products, services, or processes, paving the way for new markets, industries, and value networks.

Radical Innovation 72

Radical Innovation Innovation Culture Project 72

Cris Beswick

APRIL 16, 2024

It’s no secret that in today’s dynamic business landscape, for some, innovation is still just a buzzword – but for others, it’s the lifeblood of their organisation and an antidote to remaining relevant. Undoubtedly, transformation in pursuit of innovation within established corporations is a significant challenge.

Innovation 59

Innovation Culture Creativity Disruption 59

Idea to Value

MARCH 7, 2022

I spoke to 11 of the world’s leading female innovation experts to get their definition of “innovation” The variety in their responses may surprise you. In 2016, I wrote the article What is innovation? 15 experts share their innovation definition in order to answer the question of “What is innovation?”

Innovation 246

Innovation Technical Review Creativity Leadership 246

Jeffrey Phillips

JANUARY 11, 2021

I was asked recently to write a short post about the conditions necessary for innovation to succeed. It's actually not possible to write a short post about innovation, much less the conditions necessary for innovation to succeed, but I've tried to simplify this into nine critical factors for success.

Innovation 167

Innovation Culture Agile Product Development 167

Leapfrogging

MARCH 6, 2024

The Importance of Innovation in Executive Leadership Innovation is the lifeblood of any successful organization. As an executive leader, I’m often tasked with driving innovation within my team to ensure our company remains at the forefront of our industry.

Leadership 113

Leadership Innovation Collaboration Culture 113

Leapfrogging

FEBRUARY 9, 2024

Central to the ecosystem’s functionality are the startups themselves, which are typically characterized by their innovative approaches to solving problems and capitalizing on market opportunities. For a deeper dive into how startups can catalyze corporate innovation, explore our insights on startup innovation.

Technical Review 113

Technical Review Agile Collaboration Engagement 113

Qmarkets

FEBRUARY 3, 2021

This doesn’t come as much of a surprise, especially in the continuous waves of disruption we’re seeing. Innovation lends itself to success by provoking organizations to continuously push for improvement and always be on the lookout for new opportunities. Once an idea is fully formed and approved, it can then receive funding for launch.

Culture 52

Culture Company Culture of Innovation Technical Review 52

Planview

OCTOBER 5, 2023

Speed in delivering high-value innovations is a critical differentiator that can make or break companies. According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 percentage points per year.

Product Development 64

Product Development Innovation Innovation Management Software 64

Idea to Value

MARCH 25, 2019

The word ‘corporate innovation’ is becoming an increasingly popular buzzword, but for the most forward-thinking companies, it represents the future of the business and a significant spend on research and development. Corporate innovation nurtures unique thinking within corporate settings. Difference in approach to disruption.

Change 180

Change Underperforming Technical Team Technical Review Innovation 180

Innovation Excellence

DECEMBER 2, 2019

Richard Jupe, Vice President, Innovative Product Development, Altria: Richard got to the point, fast: Altria’s strategy: reduce risk and expanding choice. “We We are changing our culture with this model, he says.” We have a Duel Engine. Since 1955 our company has been on the Fortune 500. We were Philip Morris.

Disruption 55

Disruption Industry Product Development Culture 55

Idea to Value

JANUARY 7, 2022

Where should innovation resources actually exist in an organisation? It might seem like a straightforward question, but it is fundamental to whether a company will end up succeeding at innovation or failing. After all, if innovation is so important, should it not get its own department? Companies that survive do both.

Underperforming Technical Team 283

Underperforming Technical Team Resources Innovation Project 283

Jeffrey Phillips

MAY 24, 2022

As an innovator, it would be awesome to pop into a completely different meta-world to understand the hidden workings of the metaverse I just left. Red teams and blue teams originate from the military, where one team takes on the role of an attacker or proposes a strategy and another team seeks to disrupt or destroy the strategy.

Underperforming Technical Team 282

Underperforming Technical Team Disruption Data Idea Generation 282

Taivara

AUGUST 29, 2018

Building an Innovative Company Culture. Identifying and Eliminating Conformity, the Enemy of Innovation. Executives love talking about “disruption” nowadays, but very few companies can achieve truly disruptive results. Let our team of non-conformists help you build your innovative company culture.

Culture 44

Culture Company Underperforming Technical Team Disruption 44

Jeffrey Phillips

MAY 9, 2018

When a noted doyen of the Fortune 500 like Coca Cola talks innovation, your ears should perk up. When a company that has both succeeded at innovation and failed utterly at new product development and launch (remember New Coke?) talks innovation publicly, it's worth listening to.

Agile 125

Agile Innovation Disruption Competition 125

Paul Hobcraft

MARCH 27, 2018

I have written a fair amount about the new innovation era, offering a view on its future design. One that is jumping to a fresh cycle of innovative design. We are in the middle of it, some of you may not have noticed its impact and change but it is significant on the understanding of innovation, in it’s future design.

Innovation 185

Innovation Radical Innovation Design Big Data 185

Leapfrogging

FEBRUARY 9, 2024

This venture arm operates at the intersection of corporations and the startup ecosystem , and has become a strategic tool for companies to foster innovation and growth. The core of CVC is to identify and harness external innovation that can contribute to the long-term success of the corporate investor.

Technical Review 100

Technical Review Engagement Marketing Competition 100

Jeffrey Phillips

DECEMBER 3, 2019

For quite some time we've been hearing about how important it is to do things quickly, with many new adjectives placed in front of the word "innovation". What has worked in more traditional settings - manufacturing, process improvement, etc - is now being applied to innovation. That is, not everything in innovation should move quickly.

LEAN 147

LEAN Product Development Innovation Agile 147

eZassi

MARCH 29, 2022

How do you best position your company to adopt an innovation mindset? Hiring a Chief Innovation Officer or relying on Corporate Product Intrapreneurs to champion the innovation culture is certainly an intentional first approach for many companies. Innovation Networking, Best Practices, and Knowledge Sharing.

Conference 52

Conference Technical Review Software Review Ideation 52

eZassi

MARCH 29, 2022

How do you best position your company to adopt an innovation mindset? Hiring a Chief Innovation Officer or relying on Corporate Product Intrapreneurs to champion the innovation culture is certainly an intentional first approach for many companies. Innovation Networking, Best Practices, and Knowledge Sharing.

Conference 52

Conference Technical Review Software Review Ideation 52

Paul Hobcraft

DECEMBER 6, 2022

A formula to build a framework for sustainable innovation. Then apply it to your innovation-building activity as a framework for innovation. Each time you are reviewing innovative activity, run through this formula in your head to see if each of the parts is embedded into the work. The scale of innovation impact desired.

Technical Review 147

Technical Review Innovation Collaboration Roadmap 147

Leapfrogging

FEBRUARY 9, 2024

CVC is often characterized by its dual focus on achieving both strategic returns, such as fostering innovation or entering new markets, and financial returns, similar to those sought by traditional venture capitalists. Moreover, through CVC, corporations can tap into the startup ecosystem , leveraging agility and innovative mindsets.

Strategy 100

Strategy Strategy Technical Review Agile 100

Moves the Needle

JUNE 6, 2023

Readers Note: If you’d like this content in audio format please click here Innovation. It is key to staying relevant, thriving amidst continuous disruptions, and driving long-term success. But what does innovation truly mean to your organization? In truth, most organizations do not need to create “breakthrough” innovation.

Trends 52

Trends Innovation Technology Disruption 52

Jeffrey Phillips

FEBRUARY 20, 2018

I've been thinking a lot about why innovation fails. Not about why supposedly innovative new products fail, because there are multiple reasons for the failure of a new product. A new product may lack key features or components, or like some successful products take years to build an audience.

Underperforming Technical Team 113

Underperforming Technical Team Technical Review Innovation Product Development 113

Leapfrogging

MARCH 9, 2022

I get asked a lot about how much to rely on data versus gut instinct when innovating the next big thing. Disruptive Innovators Use Their Gut. Robyn Waters, the former vice president of trend, design and product development, once told me the same thing. ” Use “Unconscious Thinking” to Innovate.

Data 130

Data Groups Innovation Comparison 130

Leapfrogging

MARCH 15, 2024

Navigating a Disruptive Business Environment In today’s fast-paced and technology-driven landscape, businesses are frequently faced with disruptions that can significantly impact their operations and long-term viability. Recognizing the early signs of these disruptions is key to responding effectively.

Disruption 100

Disruption Strategy Strategy Underperforming Technical Team 100

Jeffrey Phillips

JANUARY 18, 2019

And there, my friends, is one of the major reasons that we see so little innovation from established companies, and so much disruption from unexpected sources. Otherwise the risk isn't in product development, it will be found in revenue, profits and even viability. It's simple, I said. And we need it back.

Technical Review 248

Technical Review Project Product Development Marketing 248

Tim Kastelle

APRIL 30, 2016

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond.

Disruption 100

Disruption Innovation Survey Study 100

Planview

MARCH 3, 2016

This was the mantra of Facebook in its early days, as is the case with most startups that subscribe to the iterative product development method popularized by the Lean Startup. Such is the pace of change and disruption driven by technological and business model innovation. Move fast and break things.”. Methodologies.

Culture 45

Culture How To LEAN Product Development 45

Jeffrey Phillips

NOVEMBER 3, 2015

Lately I've worked with or encountered a number of corporate clients who are trying desperately to innovate. Their executives and management teams recognize the importance of innovation, and even include innovation as top three priorities or as a component of the annual strategy.

Innovation 100

Innovation Agile Disruption Product Development 100

Leapfrogging

FEBRUARY 9, 2024

CVC is not only about financial returns but also strategic alignment that can drive innovation within the investing company. These programs can be a pathway for corporations to tap into the startup ecosystem , identify cutting-edge technologies, and integrate startup innovation into their existing lines of business.

Case Study 113

Case Study Resources Industry Engagement 113

Planview

JANUARY 22, 2024

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Trend #1: Greater Financial Scrutiny on New Product Development Balanced Against Innovation Opportunity While the U.S.

Product Development 69

Product Development Innovation Management Management Trends 69

Destination Innovation

AUGUST 23, 2015

These are some of the reasons why senior corporate executives are increasingly turning to separate innovation labs to spearhead their new product development. Innovation has never been more important nor so difficult. An innovation centre is a team of people and a physical location. Build a culture of innovation.

Company 100

Company Underperforming Technical Team Innovation Report 100

InnovationManagement

APRIL 15, 2020

Obviously COVID-19 is having an enormous impact on all aspects of our lives, with the scope and scale of business disruption being immense and incredibly challenging. The post The Key Steps Innovation Professionals Should Take in a COVID-19 Environment appeared first on InnovationManagement.

Disruption 91

Disruption Innovation Product Development Open Innovation 91

hackerearth

MARCH 5, 2018

Although the term “innovation” has found a place in everyday diction, true, game-changing innovation still remains elusive. The increasing competition for customers, market share, and talent in almost every industry demands an innovative approach to business. Then why is innovation such a rarity? Here’s what they are: 1.

Company 77

Company LEAN Underperforming Technical Team Innovation 77