Moves the Needle

SEPTEMBER 21, 2018

Lean Innovation Case Study: Bringing a New Product to Market Don’t have time to read the whole article? This is the story of how Edmunds.com used Lean Innovation practices to make their mission a reality. Eventually, they determined that Lean Innovation principles would be the best way to tackle this uncertainty.

LEAN 58

LEAN Case Study Study System 58

Innov8rs

JANUARY 16, 2023

What needs to change (and what doesn’t) when it comes to bringing new products, services, and business models to market in 2023? During The Innovator’s Handbook 2023 launch event, we discussed these topics with Tom Waller (Senior Vice President of Innovation at adidas) and Tiffany Vasilchik (Chief Growth Officer at Board of Innovation).

Innovation Management 52

Innovation Management Design Management Agile 52

Idea to Value

JULY 21, 2017

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.

Company 248

Company Underperforming Technical Team Brainstorming Design Thinking 248

Qmarkets

MARCH 27, 2024

It’s the secret sauce that has transformed startups into tech giants and turned traditional businesses into market leaders. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

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

Innov8rs

NOVEMBER 27, 2023

As AI advances, we find ourselves heading towards a new era — one where innovation is not just constant but autonomous, as Board of Innovation's founder Philip de Ridder explains below. Both paradigms transformed innovation approaches worldwide. The emergence of Creative AI now marks a new,historic development in innovation.

Artificial Inteligence 64

Artificial Inteligence Innovation Ideation Data 64

mjvinnovation

DECEMBER 28, 2020

That is the case of Design Thinking , a structured approach to innovation. Keep reading to understand how you can implement an innovation culture into your company with Design Thinking! That’s because only the visible artifacts of organizational culture can be designed.

Design Thinking 40

Design Thinking Design Culture How To 40

Integrative Innovation

MAY 3, 2014

The resonance to my recent post on integrating Lean Startup and Design Thinking features to a combined process has been stunning. Interestingly, it looks like others support the idea of balancing and combining elements of both innovation approaches, too. It really seems to have hit a nerve!

LEAN 96

LEAN Design Thinking Innovation Design 96

Paul Hobcraft

JULY 5, 2017

When you step back and recognize all the different advancements we have making in designing tools and frameworks, in understanding innovation, it holds promise. What we design in organizations is far too rigid and not highly adaptive and that is the not reflecting the needs we are facing in our more volatile markets today.

Innovation 178

Innovation Design Agile System 178

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. To achieve this innovation has gone digital, pure and simple. So the need to innovate comes from digital as the source.

Innovation 185

Innovation Radical Innovation Design Big Data 185

Innov8rs

MARCH 17, 2024

Innov8rs | Corporates often grapple with the "Innovator's Dilemma," where the gravitational pull of the core business's existing processes, incentive structures, and risk models stifles the pursuit of groundbreaking innovation. How do we separate the disruptive venture from the delivery of core business P&L?

Agile 40

Agile Disruption Guidelines Resources 40

InnovationTraining.org

AUGUST 30, 2021

These innovation-focused book recommendations will help teach you the skills and techniques needed to grow your business and improve your company’s innovation efforts. Looking for even more literary choices to help you innovate? Check out our list of design thinking books to read. The Lean Startup.

Innovation 97

Innovation Tips Design Thinking LEAN 97

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

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

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

Cris Beswick

APRIL 16, 2024

For leaders, I offer this first piece of advice: Leading FOR Innovation starts with self and an awareness that in most organisations, the challenges and barriers that stand in the way of driving innovation-led growth are put there by ourselves. They are not always intentional or by design.

Innovation 59

Innovation Culture Creativity Disruption 59

Idea to Value

FEBRUARY 8, 2021

Circling back to risk and innovation, let’s look at what risk means for innovators, or in other words, people that are trying to introduce something new (anything from products and services to process improvements) to the market. How will the market respond to it? Increase your pace of innovation.

Innovation 188

Innovation Competition Marketing Examples 188

Innovation in Practice

DECEMBER 7, 2015

For innovators working within the confines of large enterprises, the possibilities for transformation, especially with mobile and digital products, are endless. Lean, digital disruptors threaten their larger, more rigid corporate counterparts. Bio : Rachel Nitschke is the Content Marketing Specialist at ChaiOne.

Data 40

Data Innovation Processes Underperforming Technical Team Innovation 40

Qmarkets

APRIL 14, 2022

The benefits of innovation include increased revenue, profits, brand recognition, market share, competitiveness, and productivity. The three main types of innovation are product innovation, process innovation, and business model innovation. Product Innovation. Process Innovation.

Underperforming Technical Team 52

Underperforming Technical Team LEAN Technical Review Innovation 52

Moves the Needle

OCTOBER 20, 2022

Strength might come from technology invention, distribution, raw materials, or dominance in a particular market. Guardrails that define your sandbox are established broadly by the markets you’re already in. In the uncertain world we live in today, existing core markets shift more rapidly than in the past.

How To 40

How To Trends Marketing LEAN 40

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

Fehmida Kapadia

JANUARY 3, 2018

We have started integrating the agile and lean methodology (popularized by the IT industry) into our waterfall methodology (popularized by the manufacturing industry). The key tenet of agile and lean development is to quickly and iteratively build?—?test?—?learn. The Design Thinking Methodology of Empathy?—?Define?

Engagement 40

Engagement Tools LEAN Design Thinking 40

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. It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

Integrative Innovation

JANUARY 7, 2015

Yesterday, I was quite delighted to see my post Integrating Lean Startup and Design Thinking ranked #11 of the Top 100 Innovation Posts 2014 at Innovation Excellence. For large companies, it isn’t about which process is right – the reality is that we probably haven’t invented the right process yet.

LEAN 40

LEAN Design Thinking Innovation Design 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

Moves the Needle

OCTOBER 4, 2018

Action: In order to determine a plan of action, we met with their Bom Negocio leadership team in Brazil to discuss a number of items: How frequently they were interacting with customers, How long it has been taking to bring products to market, How important business decisions were being made: were they typically made based on evidence?

Groups 45

Groups Case Study Underperforming Technical Team LEAN 45

Paul Hobcraft

AUGUST 20, 2015

Unless we create a strategy to transform, how can we re-imagine our innovation processes? We talk so much about “innovation is critical” today and in our future, but is rarely achieved. This does require a transformation of how we design, structure and bring together all the relevant part of the innovation process.

Change 100

Change Technical Review Marketing Management 100

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. Innovation Management. Design Thinking. The post Dana Shadadd appeared first on Home of Innovation.

Entrepreneurship 40

Entrepreneurship LEAN Leadership Innovation Programs 40

InnovationTraining.org

MARCH 5, 2020

When you are trying to create a repeatable innovation process, you can’t just start anywhere by doing random activities. As such, the first question for you to answer is – how ready is your company to support and nurture innovation? Explore and discover the challenges they face when they try to work with innovation.

Leadership 94

Leadership Training Resources Design 94

mjvinnovation

APRIL 11, 2019

We could summarize open innovation as the use of inflows and outflows of knowledge to accelerate internal innovation and expand markets. Keep reading to understand in depth what open innovation is and how it can be used in your business! The open innovation concept. In this article, we go further.

Open Innovation 40

Open Innovation Technical Review Innovation Innovation Processes 40

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. Innovation Management. Design Thinking. Areas of expertise. Workshop Moderation & Facilitation. Leadership.

Entrepreneurship 40

Entrepreneurship LEAN Leadership Innovation Programs 40

Paul Hobcraft

OCTOBER 22, 2017

What started me on a given innovation “tack”was for a long time I have seen an awful lot of opinions, solutions, concepts that have been breaking down innovation into its many parts. The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.”

System 147

System Innovation Design Resources 147

BrainZooming

JUNE 20, 2019

While you may have never of Rick Turner, you have undoubtedly heard and probably seen one of his famous innovations: the Model 1 guitar. He designed the instrument forty years ago for Lindsey Buckingham, formerly of Fleetwood Mac. Previously, Turner designed guitars for another company. 2 Introduce One or More Constraints.

Product Development 65

Product Development Design Strategy Strategy 65

Gregg Fraley

AUGUST 30, 2016

Guided visualizations are not innovation. Design Thinking is not innovation. Creative Problem Solving is not innovation. DeBono’s Six Thinking Hats are not innovation. Lean is not innovation. Prototyping is not innovation. Crowd sourcing or Open innovation are not innovation.

Project 50

Project Big Data Innovation Brainstorming 50

Gregg Fraley

MAY 1, 2018

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. This series of posts on innovation fundamentals is not about frameworks. Culture is key.

Innovation 70

Innovation Culture Creative Thinking Design Thinking 70

Gregg Fraley

AUGUST 1, 2018

Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). Ideas for innovation projects emerge from the intensive sessions.

Technology 50

Technology Internet of things Ideation Artificial Inteligence 50

Gregg Fraley

SEPTEMBER 16, 2017

I added my punchline, “because if you’re not doing projects you’re not doing innovation.” Not Design Thinking?” After a bit of gab about projects, Design Thinking, and other industry buzzwords, I promised to get back to him with a more thoughtful answer — and then I changed the topic!

Project 74

Project Training Design Thinking Innovation 74