Leapfrogging

APRIL 25, 2022

We want to be the OpenTable of X” (with X referring to a market outside of dining) became a familiar phrase in Silicon Valley following the company’s market success, and remains so today. Even though this was over 20 years ago, OpenTable’s “backstory” demonstrates tried and true practices for innovators that remain important today.

Innovation 130

Innovation System LEAN Agile 130

InnovationTraining.org

AUGUST 30, 2021

Carla Johnson’s June 2021 new release features practical advice on how to tie individual abilities with innovation techniques to drive business outcomes. Sustainable innovation requires following a simple framework and living innovation within organizational culture, but it doesn’t need to be scary.

Innovation 97

Innovation Tips Design Thinking LEAN 97

Cris Beswick

APRIL 16, 2024

However, for every Steve Jobs or Elon Musk who has famously steered their companies through the maelstrom of change, countless unsung leaders, often within the more traditional corporate structures, want to cultivate the culture that innovation requires within their organisation. It’s for those that I write this article!

Innovation 59

Innovation Culture Creativity Disruption 59

Jeffrey Phillips

JUNE 24, 2019

From that wave we've had successive efficiency strategies: Six Sigma (an outgrowth of the quality movement), business process re-engineering, lean, outsourcing and right-sizing. What if innovation was the organizing theme? Then we'll be using efficiency skills to drive more innovation.

Innovation 171

Innovation Strategy Strategy LEAN 171

Tim Kastelle

MARCH 7, 2016

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. Culture of experimentation (and speed). Interactions are complex and unpredictable.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Innov8rs

MARCH 17, 2024

Venture building represents a strategic approach for corporations to foster innovation and drive long-term growth by creating new businesses from the ground up. By operating somewhat independently from the parent corporation, these ventures can remain agile and adapt quickly to market changes, much like startups.

Agile 40

Agile Disruption Guidelines Resources 40

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. Innovation is a part of their organizational culture.

Company 77

Company LEAN Underperforming Technical Team Innovation 77

Gregg Fraley

MAY 1, 2018

Invest in Frameworks, But First, Establish a Culture Where Innovation Thrives. For results, leaders need to foster innovation fundamentals and integrate them into organizational culture. More structure is needed as fundamentals take hold, and that means an innovation process framework. Culture is key.

Innovation 70

Innovation Culture Creative Thinking Design Thinking 70

Paul Hobcraft

MARCH 27, 2018

We need to short-circuit our innovation development process, we must have as much visibility (and controls) into our value chain, we need to develop a riskier mindset to explore, validate and experiment to bring our products and services to market. The road you take will decide where innovation is heading for you.

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Innovation Radical Innovation Design Big Data 185

Integrative Innovation

FEBRUARY 14, 2015

Beside the annual ranking, headed by the top three companies Apple, Google and Samsung, some insightful outcomes with regard to organizational and cultural requirements have striked my eye. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Culture 40

Culture Radical Innovation Innovation Underperforming Technical Team 40

Qmarkets

AUGUST 26, 2021

Organizations choose to adopt the process of innovation for a myriad of reasons; to tackle existing challenges by ideating for solutions, to generate new revenue streams, to improve existing products or services, and so on. In 2000, Netflix approached Blockbuster with an offer to sell their company to Blockbuster for US$50 million.

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Paul Hobcraft

JULY 6, 2016

I know the feeling, there has been such a considerable investment that has gone into previous innovation processes to get them established but much of this is actually out of date, it has become today a real ‘legacy’ issue but there is, of course, a real reluctance to challenge it. Well you should! If not, what is holding them back?

System 113

System Innovation Design Technical Review 113

Gregg Fraley

AUGUST 22, 2018

Poor knowledge of innovation process, approaches and frameworks. How can you innovate if you don’t actually know how it’s done? Maybe that’s one reason why 94% of managers are unsatisfied with innovation performance? It’s not enough to know a market white space.

Training 48

Training Idea Generation Innovation Creative Thinking 48

Gregg Fraley

AUGUST 30, 2016

DeBono’s Six Thinking Hats are not innovation. Lean is not innovation. Prototyping is not innovation. Crowd sourcing or Open innovation are not innovation. TQM and Six Sigma are not innovation. Defining an innovation process is not innovation. Training is not innovation.

Project 50

Project Big Data Innovation Brainstorming 50

Innovation 360

FEBRUARY 25, 2018

Founder of Imtiaz ME specializing in the areas of entrepreneurship development and innovation, Dana’s work is focused extensively on the development of the startup ecosystem in MENA and other emerging markets.

Entrepreneurship 40

Entrepreneurship LEAN Leadership Innovation Programs 40

Paul Hobcraft

JULY 6, 2016

I know the feeling, there has been such a considerable investment that has gone into previous innovation processes to get them established but much of this is actually out of date, it has become today a real ‘legacy’ issue but there is, of course, a real reluctance to challenge it. Well you should! If not, what is holding them back?

System 113

System Innovation Design Agile 113

InnovationTraining.org

DECEMBER 12, 2022

What is the difference between design thinking and Lean UX? Focuses on the user: Design thinking puts the user at the center of the problem-solving process. Creates a culture of experimentation: Design thinking encourages the team to prototype and test their ideas. What is the difference between design thinking and Lean UX?

Design Thinking 74

Design Thinking Design Underperforming Technical Team Ideation 74

Innovation 360 Group

FEBRUARY 24, 2018

Founder of Imtiaz ME specializing in the areas of entrepreneurship development and innovation, Dana’s work is focused extensively on the development of the startup ecosystem in MENA and other emerging markets.

Entrepreneurship 40

Entrepreneurship LEAN Leadership Innovation Programs 40

Gregg Fraley

SEPTEMBER 16, 2017

Nine essential questions CEO’s should be asking about innovation. Are people empowered to innovate? Does your culture support innovation? Are your people trained in innovation process? Do you have the skills, the specific people, you need to innovate? Is your culture supporting innovation?

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Project Training Design Thinking Innovation 74

Moves the Needle

OCTOBER 20, 2022

Strength might come from technology invention, distribution, raw materials, or dominance in a particular market. A strength could even go back to what the founders’ ethos, the DNA of the company is: what are the values and cultural mentality of the founders that’s still a driving force inside the company. How to define the sandbox.

How To 40

How To Trends Marketing LEAN 40

Innov8rs

APRIL 14, 2023

To harness this power, corporates should prioritize people whilst blending innovation and creativity with structure and focus. By offering our employees this opportunity, we support them at every step of the innovation process while developing new products that benefit our customers”, says Daniel. Easier said than done?

Technical Review 111

Technical Review Artificial Inteligence Software Review Creativity 111

Inceodia

MARCH 2, 2017

“The Googly thing is to launch [products] early on Google Labs and then iterate, learning what the market wants — and making it great. The beauty of experimenting in this way is that you never get too far from what the market wants. The market pulls you back.” Need help with your iterate/innovate process?

LEAN 40

LEAN Innovation Culture Agile 40

Commodore Innovation

MAY 13, 2020

In a recent survey we conducted, nearly 80% of firms indicated they expected 2020 innovation spending to be lower than 2019—with 50% anticipating a decline of at least 5%, which is consistent with our analysis of historic trends in recent US recessions. Communicate changes to innovation strategy early AND often.

Software Review 52

Software Review System Innovation Strategy 52

Steve Blank

MARCH 11, 2015

I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation. “At At our company we have a culture that fears failure. How can we restart our innovation culture?”. What Drives Innovation?

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LEAN Culture Agile Tools 46

Innov8rs

OCTOBER 3, 2022

Strategy is often made by elite teams and thus can be limited by their biases about competitors, customer needs, and market forces. According to Christian Stadler and colleagues, the solution to both the strategy formulation and execution challenges is radical: Open up your strategy process. Organizing Innovation Decentrally.

Underperforming Technical Team 52

Underperforming Technical Team Software Review Technical Review Project 52

Be-novative

DECEMBER 12, 2018

and the real innovators know that. Instead of only rewarding people who shared great ideas, recognize and incentivize the innovation challenge owners who bring people together to identify the opportunity and implement the results?—?this this will drive more disruptive innovation as a cultural change.

Video 40

Video Disruption How To Agile 40

Paul Hobcraft

FEBRUARY 24, 2017

We fail to constantly review and re-engineer the innovation process and tend to layer more upon it, without a consistent reassessing what we are trying to achieve. The excitement of ‘breaking innovation’ is in the pioneering, experimenting, discovering, sharing and exchanging.

Technical Review 174

Technical Review Innovation System Change 174

Qmarkets

DECEMBER 8, 2021

In case your organization already has an established innovation process, Qmarkets’ Customer Success experts will advise and guide you on how to configure our system to support your needs, combined with our advanced capabilities in order to maximize efficiency and ROI. At Intel, is "Innovation Leader" a dedicated position?

Innovation Management 52

Innovation Management Management Report Technical Review 52

Steve Blank

SEPTEMBER 14, 2017

I took one look at the process they came up with and could have sworn that it was invented by the company’s competitors to throttle innovation. The new innovation process had lots of paperwork – committees, application forms and presentations, and pitches. There were no requirements for the innovator.

Company 65

Company Underperforming Technical Team Innovation Project 65

hackerearth

NOVEMBER 10, 2017

In fact, there are companies that came later and captured a much bigger market share. It is the failure to innovate that led to its “demise.”. In other words, it is because sometimes innovation strategies fail to produce products/ services that the customers want. Take the following innovation management process for example.

Innovation Programs 40

Innovation Programs Underperforming Technical Team Innovation Ideation 40

Steve Blank

JULY 30, 2014

I’ve been spending some time with large companies that are interested in using Lean methods. One of the conundrums is why does innovation take so long to happen in corporations? Previously Hank Chesbrough and I have written about some of the strategic issues that impede innovation inside large corporations here and here.

Design Thinking 51

Design Thinking Underperforming Technical Team Design Innovation 51

Gregg Fraley

SEPTEMBER 21, 2017

The Innovation Imperative… growing innovation culture and capacity. If you want an organization to survive, you must innovate. But innovation is more than survival, it’s the heart beat of an organization. Staying in business means reinventing as markets shift.

Design Thinking 51

Design Thinking Innovation Project Idea Generation 51

ITONICS

MAY 14, 2018

Nevertheless, many market participants still face the enormous challenge of figuring out the blend of all necessary elements and the right mix for a successful innovation process. Even fewer have persistently developed and implemented habits and processes that foster sustainable innovation. Fail forward.

Company 57

Company Technical Review Software Review Innovation 57

Econic

MAY 23, 2019

What key metrics suggest customers want this solution over others in the market? How big is the Total Addressable Market for this solution? Failure to secure sustained funding We see a lot of grassroots efforts around lean startup or other innovation efforts try to work within existing budgets. Innovation needs structure.

How To 98

How To Innovation Innovation Programs Project 98

Integrative Innovation

NOVEMBER 17, 2017

access to market and customer base for rapid scaling. However, startup engagement is also increasingly used for tapping into entirely new markets or technologies as well as spotting disruptive innovation opportunities. decision-making), lacking coordination and cultural mismatch.

Technical Review 61

Technical Review Collaboration Disruption Engagement 61

Paul Hobcraft

JULY 25, 2016

Digital disruption is the impact of digital technologies and business models on a company’s value proposition and market position. It means changing the organisation itself, including its operations, culture, revenue model, and more”. These call for a different approach to the innovation process. Is it possible?

Technical Review 133

Technical Review Innovation Technology Engagement 133

Paul Hobcraft

JULY 25, 2016

Digital disruption is the impact of digital technologies and business models on a company’s value proposition and market position. It means changing the organisation itself, including its operations, culture, revenue model, and more”. These call for a different approach to the innovation process. Is it possible?

Technical Review 120

Technical Review Innovation Technology Engagement 120