Mon.Jun 12, 2017

article thumbnail

What Should Your Chief Innovation Officer Do for Your Company?

Innovation Excellence

Recent research shows that consistently innovative companies hold 6 times the market share, make 3 times the profit, and do 50% better during recessions than their average peers. This article is an adapted excerpt from Yoram Solomon's recent book: Blueprints for the Next Big Thing.

Company 73
article thumbnail

What is a Minimum Viable Product (MVP)

Leanstack

A Minimum Viable Product is the smallest thing you can build that delivers customer value (and, as a bonus, captures some of that value back, i.e., gets you paid). Race to Deliver Customer Value A minimum Viable Product means different things to different people so let's start with a definition. When Eric Ries used the term for the first time, he described it as: A Minimum Viable Product is that version of a new product which allows a team to collect the maximum amount of validated learning

Insiders

Sign Up for our Newsletter

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

article thumbnail

Failing Fast Causes More Failure

Innovation Excellence

One scary statistic is that 70% of change initiatives fail. An overwhelming proportion of new product launches fail. Most new businesses fail. The sad fact is that failure is all around us. Is this why so many organizations talk about a fear of failure being one of their major innovation stumbling blocks? And, so what.

Change 49
article thumbnail

The Part of the Innovation Process that Everyone Forgets

InnovationManagement

One of the biggest challenges to innovation is the middle part of the process - where most of the work is happening behind the scenes. As your innovation campaign progresses, you must continue to instill excitement across all team members, and find ways to reengage them as advocates. In this case study, we’ll examine how Dick’s Sporting Goods engaged their employees in product development and effectively encouraged them to participate in their innovation community.

article thumbnail

Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

article thumbnail

As Immelt Leaves GE, Investors And Employees Have Little To Cheer

Adam Hartung

GE CEO Jeffrey Immelt was unable to grow GE businesses and sold them off, buying back shares instead. Can the GE he leaves behind long survive?

Trends 36
article thumbnail

The Innovation Burnout Syndrome

Idea Champions

Most newly launched corporate innovation initiatives have a dark side, a not-much-talked-about shadow side -- the metaphorical alcoholic-father-in-the-basement side. And it is this. fascinating new projects are conceived, senior leaders get pumped, game plans are drawn up, but no one gives the "worker bees" any more time to devote to the newly launched projects.

article thumbnail

Will Artificial Intelligence Replace Human Intelligence, not just Our Processes?

Daniel Burrus

The single most disruptive influence on business, as well as society, will be artificial intelligence (A.I.), which includes technology such as machine learning and cognitive computing to name just two. In other words, there is more than one type of A.I. and each represents a new way of doing both big things as well as everyday things in amazing ways.