Innovation Excellence

SEPTEMBER 15, 2016

An In-depth interview with entrepreneur and industry disruptor, Yaron Ben-Zvi. In his words, "We're targeting a customer who is expecting a digital experience and we ended up rethinking almost every component of the life insurance transaction.".

Industry 40

Industry Disruption Product Innovation Innovation 40

Daniel Burrus

MARCH 21, 2018

In some cases, it’s about identifying opportunities for major digital disruption that you yourself can introduce (think Uber, Kickstarter and other innovations that set entire industries on their ear.). But being anticipatory also means being aware of outside disruptions that may impact you—and how to prepare accordingly.

Disruption 40

Disruption Leadership Tools Technology 40

Jeffrey Phillips

SEPTEMBER 27, 2021

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model.

Agile 261

Agile Innovation Course Data 261

Jeffrey Phillips

NOVEMBER 13, 2017

I was leading an innovation workshop recently with a company that invited in some of its customers to talk about the future. We were interested in getting feedback from key B2B customers about the future of the industry, where things were heading and what strategies and programs my customer should begin to put in place.

Innovation 113

Innovation Disruption Product Innovation Exercises 113

Jeffrey Phillips

AUGUST 15, 2017

But unlike the insects, that loss of freedom isn't because of a tangible, sticky substance, but because of the stickiness of their perspectives, their cultures, their experiences and education and their industry conventions. When multiple factors are changing, disruption is easier to accept. What's fixed / what mutable?

Disruption 133

Disruption Industry Culture Course 133

IdeaScale

OCTOBER 10, 2019

Often, building an innovation ecosystem requires reaching out to partners beyond the traditional bounds of industry. Home improvement chain Lowe’s, for example, wanted to explore 3D printing as a possible extension of their traditional business, so they reached out to partners already in the 3D printing industry.

Management 173

Management Innovation Collaboration Strategy 173

Leapfrogging

FEBRUARY 9, 2024

Furthermore, CVC can serve as a bridge to the latest industry trends and consumer demands, which are crucial for long-term sustainability and success. This involves a thorough analysis of the startup ecosystem to pinpoint ventures with the potential to disrupt existing markets or create new ones.

Strategy 100

Strategy Strategy Technical Review Agile 100

IM Insights

OCTOBER 12, 2023

It begins by defining innovation as a departure from the norm and highlights the importance of tying innovation to specific outcomes. The discussion then delves into different types of innovation, including incremental, sustaining, and disruptive, with real-world examples illustrating their significance.

Change 52

Change Management How To Disruption 52

Leapfrogging

FEBRUARY 18, 2019

Large scale 3D printing farms will create the next industrial revolution. At times these topics seem at odds – the new high-tech guard disrupting the old, jobs shifting from blue to white collar, outsourcing overseas versus keeping things at home, and the list goes on. Where do traditional small manufacturers fit into this?

Software 100

Software Industry Competition Product Development 100

Tim Kastelle

MARCH 7, 2016

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Platform business models tend to affect, oftentimes disrupt, multiple industries over time.

Innovation Management 100

Innovation Management Management LEAN Technical Review 100

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 75

Design Thinking Disruption Innovation Innovation Processes 75

Jeffrey Phillips

DECEMBER 16, 2016

At this point in business evolution, every CEO understands the need for more innovation. After a decade of reading about it, getting pounded over the head with the Jobs/Apple story and watching new innovations disrupt entire industries, businesses are starting to react. Some are successful.

Roadmap 130

Roadmap Underperforming Technical Team Disruption Innovation 130

IdeaScale

MAY 28, 2019

Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. It requires more than just saying “Innovation is good.”

Leadership 164

Leadership Innovation Training Crowdsourcing 164

Jeffrey Phillips

JANUARY 29, 2016

This is both exciting and terrifying at the same time, because innovation needs to move beyond product innovation, but there comes a time when the reach far exceeds the grasp, and innovation goals or targets become unreasonable. I'm actually glad to see the increasing focus on innovation other than product innovation.

Innovation 100

Innovation Technical Review Product Innovation Industry 100

Jeffrey Phillips

JUNE 30, 2015

Take innovation for example. No matter where you turn companies and experts are creating all sorts of innovation dichotomies. Products or services? Incremental or disruptive? On the other hand, very little innovation in corporate levels is focused on transformation or disruption. Exploit or Explore?

Innovation 100

Innovation Disruption Competition Agile 100

Jeffrey Phillips

FEBRUARY 1, 2016

Having several large financial institutions as innovation customers, I can tell you that any company with a "risk" department struggles with innovation, and the same is true for highly regulated companies or industries. For example, payments is ripe for innovation, and what we lack are some basic infrastructure standards.

Disruption 100

Disruption Innovation Culture Tips 100

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Design Thinking 65

Design Thinking Disruption Innovation Innovation Processes 65

Jeffrey Phillips

JANUARY 7, 2019

In this regard we see evidence of this shift in the increase in accelerators and corporate venture capabilities of larger corporations, who are finding it difficult to do interesting and disruptive innovation internally. Product is Passe Product innovation is so yesterday. Something will have to give.

Innovation 203

Innovation Data Product Innovation Strategy 203

Jeffrey Phillips

SEPTEMBER 14, 2021

We need to stop evaluating companies based on size, or cash hoard, or patents, and start evaluating them on how they can identify, evaluate and bring new ideas to market quickly, even ideas that may disrupt themselves or their industries.

Agile 157

Agile Innovation Marketing Culture 157

Innovation in Practice

NOVEMBER 16, 2020

Mastering the Dynamics of Innovation by James Utterback. Utterback was really the first one to identify this idea of disruption. This book does a great job of describing innovation and technology, over time, within specific industries. Creativity in Product Innovation by Jacob Goldenberg.

Creativity 52

Creativity Creative Process Industry Disruption 52

Jeffrey Phillips

MARCH 23, 2016

From the data presented it's clear that "innovation" is still defined very narrowly, as improvements to existing products and services. So we are supposed to believe that more companies are doing more innovation, while risk aversion is growing? I applaud Accenture for its honest assessment of the state of innovation.

Survey 100

Survey Disruption Innovation Engagement 100

Planview

JULY 15, 2022

The information collected in these Q&As will act as valuable assets for anyone wanting to make clear the real need for more adaptive product development and to show that an accelerated process is still highly possible, even in the face of consistent disruptions.

Product Development 52

Product Development Agile LEAN Survey 52

Jeffrey Phillips

FEBRUARY 10, 2016

Commenters and consultants talk blithely about business model innovation as if existing companies can readily and rapidly change their business models on the fly. We can look at examples like iTunes, NetFlix and Airbnb as real business model disrupters. Which innovations expand the market and model (like Airbnb)? Absolutely not.

Underperforming Technical Team 100

Underperforming Technical Team Innovation Disruption Competition 100

Strategyzer Innovation

MAY 20, 2019

Investments in R&D to foster technology, science or product innovation are just the first steps towards success. The hard part of innovation is achieving market success with the technology and products we invent. Having great new technologies and products certainly doesn’t guarantee immediate returns.

Innovation 58

Innovation Product Innovation Technology Strategy 58

Paul Hobcraft

FEBRUARY 15, 2021

Innovation is our 100% of our focus and we can, without question , advance your knowledge and insights across all of its complexities to be simplified through our workshops, dialogues and discovery approaches. Building the workshop it is deliberately designed to help you need to think through many areas of productive innovation opportunity.

Design 243

Design Engagement Creativity Collaboration 243

Jeffrey Phillips

SEPTEMBER 14, 2015

I'd like to argue that the nature and pace of innovation is always accelerating, and is evolving more rapidly as we have more and more information around us. But there's another point to consider: the nature of incremental versus disruptive innovation. Take this last point for example.

Technical Review 100

Technical Review Innovation Disruption Technology 100

Innovation 360 Group

MAY 18, 2018

He has extensive experience as a director and consultant in executive coaching, organizational development, business performance improvement, leadership and professional development, spanning over twenty years in a wide range of industries and across management levels, both domestic and international. Design Thinking & Innovation.

Design Thinking 40

Design Thinking Leadership Disruption Design 40

mjvinnovation

NOVEMBER 12, 2020

Therefore, any innovation that improves an offer is sustainable, regardless of whether it is radical or incremental. ? Disruptive innovation: innovations that shape new markets and disrupt established ones; they are often possible through new technologies, such as the car, which was disruptive for bus manufacturers 100 years ago.

Company 40

Company Innovation Radical Innovation Competition 40

Qmarkets

AUGUST 26, 2021

3 Growth and Revenue According to a report by Accenture titled ‘Governing Innovation: The Recipe for Portfolio Growth’, 4 that surveyed 1,090 executives across 11 industries, “companies that govern innovation extensively over time expect stronger revenue growth”. 9 The result? Amazon Prime.

Innovation Programs 98

Innovation Programs Innovation Technical Review Open Innovation 98

Board of Innovation

JUNE 6, 2022

Evolving how we innovate The Three Horizons model for innovation, often attributed to Mckinsey, is now more than two decades old, an artifact from the final years of the 20th century together with Design Thinking. Impact The fundamental metric for any innovation plan or strategy or business design is impact.

Generative AI 56

Generative AI Design Strategy Strategy 56

Qmarkets

AUGUST 26, 2021

3 Growth and Revenue According to a report by Accenture titled ‘Governing Innovation: The Recipe for Portfolio Growth’, 4 that surveyed 1,090 executives across 11 industries, “companies that govern innovation extensively over time expect stronger revenue growth”. 9 The result? Amazon Prime.

Innovation Programs 95

Innovation Programs Innovation Open Innovation Technical Review 95

InnovationTraining.org

DECEMBER 13, 2022

What are some common barriers to innovation, and how can they be overcome? How can individuals develop innovative thinking and problem-solving skills? What are some successful examples of innovation in different industries or sectors? How can innovation be measured and assessed?

Entrepreneurship 67

Entrepreneurship Innovation Collaboration Artificial Inteligence 67

Jeffrey Phillips

JUNE 16, 2021

I think the "new" normal, whenever (or if) we settle into it, will demonstrate that the old rules and investment strategies have passed us by, and the world is moving faster and product cycles are growing shorter in every industry. Just focusing on product innovation is too limited.

Innovation 144

Innovation Trends Survey Course 144

Jeffrey Phillips

MARCH 15, 2016

Strange then, that his position in the automobile industry was usurped only a few years later. There's an innovation analogy today Currently, many innovation teams are shaping up a lot like Henry Ford's company. Instead of cars, they are working on innovations. Any color as long as it's black" was his motto.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Product Innovation 100

ImagineNation

OCTOBER 7, 2023

A recent McKinsey Leading Off – Essentials for leaders and those they lead email newsletter, referred to an article “The organization of the future: Enabled by gen AI, driven by people” which stated that digitization, automation, and AI will reshape whole industries and every enterprise.

Generative AI 59

Generative AI Creativity Underperforming Technical Team Technical Review 59

Paul Hobcraft

DECEMBER 3, 2018

Yet, as markets become increasingly uncertain, new competitors entering the markets with very different ways they see the supply chain and a more volatile set of market conditions and customer needs will be placing uncertainty back into the previously honed supply chain model or production model. We then adapt our scale.

Innovation 222

Innovation Software Review Design Engagement 222

Qmarkets

JANUARY 17, 2023

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them. What do they expect from you?

Industry 98

Industry Trends Innovation Technology 98