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Innovation project or Innovation Capability?

Jeffrey Phillips

I've been writing, speaking and consulting about innovation for over 15 years, and I'm constantly amazed by the different perspectives and definitions about innovation. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

Project 209
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What is innovation? 15 experts share their innovation definition

Idea to Value

I spoke to 15 of the world’s leading innovation experts to get their definition of “innovation” The variety in their responses may surprise you. Analysis of all the definitions. The ultimate definition of innovation. Innovation is truly a confusing buzzword which many people love to hate.

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Open Innovation: definition, what types and benefits

mjvinnovation

By applying the open innovation system, the company can use external resources such as technology and partnerships with startups and universities and, at the same time, make their own creations available to other organizations. Open innovation benefits. There are many advantages of opening up the innovation process.

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Building a lasting innovation capability

Jeffrey Phillips

Note that what my clients are asking for is to create an innovation capacity that outlasts a product need, or market gap, or executive team member. After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move.

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More Than Ideas: Learnings From Managing Intrapreneurship Programs

Innov8rs

Adapt Your Innovation Process When you adopt that problem-first mindset and ask for challenges instead of ideas, you must adjust the innovation process accordingly. Therefore, ensure that your innovation process gives intrapreneurs room to explore the identified problem before they launch and grow their solutions.

Learning 104
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Every idea needs a sponsor

Jeffrey Phillips

Today, I'd like to write about sponsorship, and why it is critical to have engaged sponsors for ideas and for innovation. This idea is important enough that I took the extra 30 seconds and looked up the definition of sponsor. I think this is as close as we can get to what an innovation or idea sponsor is.

Resources 175
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Conditions for innovation to succeed

Jeffrey Phillips

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. With those basics in mind, you can do a lot of good innovation. Want more innovation? Guess what's for lunch?