Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development. A truly open innovation platform.

Five Product Innovations that Evolved Over Time

IdeaScale

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. To illustrate how this can happen, it’s helpful to look at innovations that evolved over time.

Forget products, innovate your business model

RTI Innovation Advisors

Innovation and change destroy complacent, unchanging business structures and models. Product life cycles are collapsing - I was recently in a conference where a camera manufacturer estimated the average shelf life for a new camera was between 3 and 6 months, or less than half the product development cycle time! Instead they offer single solutions or products that are equal to or better than what the banks offer, in areas that are more profitable.

Digitally Disrupting the Life Insurance Industry

Innovation Excellence

Feature Of The Week Customers digital disruption Innovation Insurance Interviews NPD product innovation Profiles of InnovatorsAn In-depth interview with entrepreneur and industry disruptor, Yaron Ben-Zvi.

Data From 3.5 Million Employees Shows How Innovation Really Works

INNOVATION Data From 3.5 Million Employees Shows How Innovation Really Works by Dylan Minor, Paul Brook, and Josh Bernoff OCTOBER 09, 2017 UPDATED OCTOBER 09, 2017 JUAN DÍAZ-FAES FOR HBR Sales and marketing were once disciplines ruled by emotions. ectively engaged in innovation.

When Disruptive Innovation Gets Disrupted

Legacy Innovation Group

When Disruptive Innovation Gets Disrupted. Your organization has conceived the perfect idea for a new product innovation. In fact, it will be the most disruptive innovation in this product category in decades.

Is it REALLY disruptive? It matters.

Innovation Excellence

At the recent ISPIM conference, I sat in several presentations ostensibly describing approaches to disruptive innovation when, in reality, it was difficult to see what (a market or a company) was actually being disrupted.

Why “Gretzky’s Rule” Represents the Past of Product Innovation

Innovation Leader

Most people operate markets where outcomes are unpredictable and new competitors can disrupt your entire business. Find out what on Ericsson exec had to say

Empowering Teams Through Metrics at Apple

Innovation Excellence

Apple is an iconic brand noted for disruptive innovation. In the heat of the digital revolution that it helped spark, Apple’s products became a portfolio of increasingly complex and diverse offerings. Apple Disruption Innovation Management Product Innovation R&D

50 Ways a Driverless Future Could Impact (almost) Everything

Innovation Excellence

Disruption Entrepreneurship marketing Open Innovation Product Innovation R&D Research Technology Automobile Industry driverless car Innovation MIT software technologyWhat could happen when cars and trucks drive themselves?

Separate Innovation from Entrepreneurship!

Innovation Excellence

The words innovation and entrepreneurship became synonymous in our language, and the place we see this the most is in universities and business schools. Why is being an innovator means I have to launch a startup company? Can’t I be an innovator in a mature company?

Measuring Innovation, Part 3/3: The Growth Innovation Index (GII)

Innovation Excellence

This article is the third and final in a series of 3 articles discussing measuring product innovation.

Measuring Innovation, Part 2/3: The Criteria for a Good Innovation Index

Innovation Excellence

This article is the second in a series of three articles discussing measuring product innovation.

Marketing and Innovation are Inseparable

Innovation Excellence

So, how does your Marketing serve your innovation? Build Capability Consumer Innovation Innovation Leadership Management marketing Product Innovation R&D Sales Strategy Technology Creativity Customers Disruptive Innovation Innovation Management technology

Thought Commerce™ – 3 Ways to Recognize It; Why You Should Care

Innovation Excellence

Consumer Innovation Disruption Entrepreneurship Experience Innovation Innovation Innovation Perspectives Intellectual Property Product Innovation change management Ecommerce ideas thought commerce“Thought.” Thought is epically powerful and hugely important.

5 Ways to Make Innovations Bigger: Avoiding the innovation squeeze

Innovation Excellence

Is innovation efficiency killing off some of our biggest ideas? Can increasing autonomy, more aggressively challenging our ideas, creating conditions that create serendipity, or simply being more thoughtful about what we call disruptive or breakthrough help bring bigger ideas back?

3 Months in Virtual Reality, 6 Lessons Learned

Innovation Excellence

Change Cognition Consumer Innovation Creativity Disruption Entertainment Product Innovation Technology gaming Oculus product innovation technology Virtual_Reality vrSo now I finally have my own VR setup at home. I’ve spent many hours in VR.

Myth Busted: Does Creativity Need Resources?

Innovation Excellence

Continue reading → Build Capability Creativity Finance Innovation Innovation Perspectives People & Skills Product Innovation R&D Research Strategy Disruptive Innovation ideas Innovation Management

Innovation Through Crowdsourcing and AI

Innovation Excellence

Build Capability Customers Disruption Innovation Processes & Tools Product Innovation Technology ai Artifical Intelligence Crowdsourcing data market research technology

Exploring The Future: When Robots Take Your Job

Innovation Excellence

Disruption Innovation Jobs Product Innovation Technology Trends future jobs new product development NPD robotics Workforce

Welcome to the Mid Zone of Innovation

Innovation Excellence

Continue reading → Business Models Change Disruption Feature Of The Week Governance Growth Innovation Innovation Perspectives Leadership & Infrastructure Management People & Skills Product Innovation Strategy marketing Back End of Innovation front end Front End of Innovation Start-up

Chasms, Criteria… and Innovation

Innovation Excellence

It describes companies who can innovate in the current business at the same time as creating new business options for the future. Build Capability culture Disruption Finance Innovation Leadership Management Open Innovation Product Innovation R&D Strategy Business Models collaboration Disruptive Innovation growth Innovation Management organizationThe concept of the ambidextrous organization is gaining traction.

TED Global: Open-Source, Open World [video]

Innovation Excellence

Disruption Innovation Open Innovation Product Innovation Video crowd accelerated innovation Crowd Power Crowd Solving Crowdsolving Crowdsourcing Maker Movement Massimo Banzi NPD open source TED TEDGlobal

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The Genius of Iconic Brands

Innovation Excellence

I believe the truly iconic brands, like iconic figures in the arts, sciences, and society at large, are the direct result of innovative genius. Apple Case Study Creativity Customers Design Disruption Innovation Product Innovation Profiles of Innovators brands

Trust, Motivation, Creativity, Innovation, Results (the real story)

Innovation Excellence

Continue reading → Build Capability Creativity Culture & Values Disruption Innovation Leadership Management People & Skills Processes & Tools Product Innovation Psychology R&D culture trustI can’t believe I’m about to do this.

Should innovators trust their intuition more?

Innovation Excellence

A quick Google search churns up endless articles and blogs extolling the virtues of using instinct, intuition and gut feel for making better business decisions and being more innovative. Consumer Innovation Experience Innovation Innovation Product Innovation Disruptive Innovation ideas Innovation Management Innovation Mindset innovative thinking Insights

How Product Quality Transforms Your Ability to Innovate [Case Study]

Innovation Excellence

Too often, companies are sold on a target price for their product. Case Study Disruption Industry Innovation Processes & Tools Product Innovation Profiles of Innovators 3-D printing manufacturing Plastics

Ask “Should We” Not “Could We”

Innovation Excellence

collaboration Design Innovation Leadership Product Innovation Creativity Design Thinking Disruptive Innovation ideas Innovation MindsetDesirability, Viability, Feasibility; the core tenets of Design Thinking, and oh, how the order matters! Every day, I work with engineers who are itching to build solutions to solve the problems they see. They love to create; in fact, you may say they were put on this earth for that very purpose. And then I.

Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. Although avant-garde cases of business model innovation like Apple are rare, there are many companies that have tested the waters and tasted the success of innovating their business model.

Recognizing Excellence in Innovation Management: ISPIM Grand Prize 2017

Innovation Excellence

ISPIM, the International Society for Professional Innovation Management, is delighted to announce the launch of the ISPIM Grand Prize 2017, for Excellence in Innovation Management.

Welcome to the New Era of Automation

Innovation Excellence

Disruption Innovation Product Innovation Technology automation B2B B2C branding Changing Context Industry Trends inventory management michael graber New Applications Operational Controls Southern Growth Studio technology Vending Machines

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Accelerating Innovation with Rapid Learning Cycles

Innovation Excellence

As innovators, we all want to do three key things: Create something new, fantastic and disruptive; Bring it to the market fast enough to capture its value and grow our business; Do it again (and again, and again.).

Business model innovation: a core capability for disrupting your industry

hackerearth

In 2001, Apple introduced an array of products and services beyond hardware and software. Although avant-garde cases of business model innovation like Apple are rare, there are many companies that have tested the waters and tasted the success of innovating their business model.

Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. I would suggest on the very way we manage innovation.

Shifting Radically the Innovation Business Model

Paul Hobcraft

Shifting Radically the Innovation Business Model. I have been spending some significant time on questioning the current innovation business model, from both the customers (clients) perspective and the innovation consultants’ one. The innovation consultants’ dilemma.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation.

Innovation Types that Will Surprise You (With Examples)

Ideanote

Disrupt this, disrupt that. You’ve heard of disruptive innovation because it’s the most discussed out of all innovation types. So what are some of the less known innovation types out there? Today, we’ll venture into the jungle of innovation types.

Samsung and Innovation

Collective Innovation

The scope of products and services they provide is mind boggling. 70,000 of those are engineers working to create the next generation of Samsung products. Innovation has always been at the core of Samsung, pushing to not just be the market leader in sales but also product technology.

Crowdsourcing Internal Innovation

Collective Innovation

Regardless of what kind of business you are in there are numerous different types of innovation that can give you a clear competitive advantage and make you more successful. Product Innovation : Creates a difference with an existing product line and existing market, usually through features.

Participation leads to Innovation

Destination Innovation

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ They found that four factors were particularly important for success with innovation and growth.

Innovation Versus R&D Spending

Strategyzer

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. Case Studies Company Assesment Innovation & Strategy

Reap a Competitive Advantage with Effective Business Model Innovation

IdeaScale

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

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