article thumbnail

How much is innovation costing your organization?

Innovation 360 Group

Improve Your Innovation Platform – build a robust decision process at each stage. The innovation process can be unwieldy and costly to operate. Ensure you have a structured and well documented new product development (NPD) process and a robust decision-making process in place at each funding stage.

article thumbnail

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

The Inovo Group

Companies can deal with technological and market uncertainty, even ecosystem uncertainty, using innovation processes, methods and tools developed over the decades. While the executives believe new product development is the best path forward, it is the strategy least liked by the mid-management and independent contributors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360 Group

It is typically based on sales innovation (see below) and market innovation. There will be a structured innovation process for products and services organised in platforms for product or service lifetime management and product or service document management.

article thumbnail

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360

It is typically based on sales innovation (see below) and market innovation. There will be a structured innovation process for products and services organised in platforms for product or service lifetime management and product or service document management.

article thumbnail

How ITONICS’ customers practice trend and technology management

ITONICS

At the end of the day, you have an interactive and collaborative platform where trends or technologies can be documented, discussed, evaluated, analyzed, prioritized, and monitored. In general, we offer different solutions depending on the customer’s focus on innovation management. Her motto: It never gets boring!

Trends 0
article thumbnail

Crossing the Chasm: Overcoming hurdles to scaling innovation

Imaginatik

In many cases, it’s the only way to achieve a scale that justifies the often-substantial investments in the development of technical prototypes and operations. In many product development processes, companies tend to create incremental improvements within the fairly well known scope of their current production and distribution scale.

article thumbnail

Get Real About Your Company’s Future

The Inovo Group

Would it have a new product development or innovation process? They are important and need to be cataloged, tracked and documented, but they are not, in and of themselves, the trends that generate the sort of insights we seek. Would that company invest in R&D? Conduct market research? Technology roadmapping?