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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. What is Commercialization?

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Open Strategy: Mastering Disruption From Outside The C-Suite

Innov8rs

Innov8rs | Making strategy behind closed doors is a prescription for failure when disruptions are coming from all directions. Strategy is often made by elite teams and can thus be limited by their biases about competitors, customer needs, and market forces. Formulating and executing a sound organizational strategy is complex.

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Digital Transformations Are Crucial to Optimizing Innovation Value

Planview

According to a Boston Consulting Group report, companies prioritizing innovation—arriving first to market with new and relevant ideas—outperform the MSCI World Index on shareholder return by 3.3 Digital transformation can also optimize innovation value by helping organizations show concrete progress and report on strategy realization.

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3 education innovations to watch in 2024 (hint: it’s not just about skills and AI)

Christensen Institute

Despite these growing proof points, efforts to improve education lean on mental models, theories of change, and investment strategies that routinely ignore the social side of opportunity. Innovations that scale brokers mark a new wave of disruptive innovations focused on opening more doors to experiences and connections.

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Innovation Management in 2023: Venture Building & Scaling

Innov8rs

A recent McKinsey report finds that eight in ten surveyed CEOs report new business building as a top five priority despite recent heightened economic volatility. Earlier McKinsey research found that companies prioritizing business building perform better, grow faster, and are more resilient to volatility and disruptions.

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So Where Is Innovation Heading?

Paul Hobcraft

Another of the visuals from the BCG report is indicating the huge differences between leading and lagging companies in how they are leveraging digital to help the following aspects of innovation. I liked the suggested digital design principles that BCG outlined in their report.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The result will be: a new, Lean version of the Three Horizons of Innovation. Here’s how.

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