Remove Disruption Remove Leadership Remove LEAN Remove Product Development
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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. After the presentation, to our happy surprise, attendees posed a ton of questions to the panel.

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Innovation - fast and slow, for the right reasons

Jeffrey Phillips

These words include adjectives such as "lean", "agile" and "rapid", to make the point that innovation should be stripped to its bare components, move as fast as possible and create minimum viable solutions. Risk avoidance and current revenue are often more important than potential profitable products and services.

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What do most innovative companies have in common?

hackerearth

They promote innovation leadership. Some common examples of diverse leadership roles that are reinforcing innovation in their respective companies include GE’s “Chief Experience Officer” and Taco Bell’s “Chief Food Innovation Officer”, among others. They adhere to lean principles of product development.

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Toward a New Horizon Model

Moves the Needle

Put another way, it’s arbitrary to declare a feature that takes 1 year to develop and release “an incremental improvement”, or declare engineering work that takes 5 years to achieve ROI “incremental innovation.” Product development just doesn’t work that way. Innovator’s take: Horizon 3 is breakthrough or disruptive innovation.

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The Case for Dual Innovation

Tim Kastelle

Similarly, about 70 percent of disruptive innovators also lean toward a more centralized approach. Two-thirds of all breakthrough innovators stated that all innovation and product development is controlled and driven by a centralized organization, at least in its initial stages. Source: Accenture. Source: Detecon.

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Good Ideas Often go Nowhere: Here’s What You Can Do About It

The Inovo Group

This is especially true for those that are farther from the core competency of the company, but which have the potential to be disruptive. Does executive leadership see things differently than individual contributors? Senior leadership needs to decide how to proceed. In a matter of days they get back is the following.

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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. Where design thinking ends, Lean Startup begins.

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