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5 Tips for Launching a Successful Company Innovation Challenge

Qmarkets

Companies with structured innovation processes significantly outperform their peers in implementing new ideas and driving business growth. McKinsey’s findings suggest that companies fostering a strong culture of innovation excel in leveraging technology and accelerating their competitive differentiation.

Company 93
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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Culture of experimentation (and speed). Recently, experimentation in innovation management is particularly facilitated by intensified use of (rapid) prototyping. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives.

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The digital innovation era calls for new board leadership

Innovation 360 Group

In the mid-term perspective, tomorrows growth business, called Horizon 2 (H2) you need more entrepreneurial and risk willing leadership styles for innovation, such as the Cauldron or the Fertile Field, focusing on expansion of the current business and more radical innovation. Figure 2, Applying the Three Horizon Model.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. Those are three frequently cited examples of industries disrupted by new technology, but they are just the tip of the innovation iceberg. Are you safe? Or are you on the edge of irrelevance?

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The digital innovation era calls for new board leadership

Innovation 360

In the mid-term perspective, tomorrows growth business, called Horizon 2 (H2) you need more entrepreneurial and risk willing leadership styles for innovation, such as the Cauldron or the Fertile Field, focusing on expansion of the current business and more radical innovation. Figure 2, Applying the Three Horizon Model.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Culture of experimentation (and speed). Recently, experimentation in innovation management is particularly facilitated by intinsified use of (rapid) prototyping. Tip: Tim Kastelle has posted a worthwile series on how to implement lean startup for innovation initiatives. Either way: be part or be out!

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15 most important Innovation Theories your company should be using

Idea to Value

The TRIZ acronym comes from it’s original Russian name, and in English it is often referred to as a “theory of inventive problem solving” or TIPS. However, there are more effective ways to innovate, as you will see further down this list. Suggested reading: 14 – Building a Culture of Innovation.

Company 251