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Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the perfusion of new technologies, lead to decreasing life times of existing business models. Let’s remind: One size does not fit all.

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Balancing Large and Small Firm Capabilities

Integrative Innovation

The corresponding integration of incremental and radical innovation can basically be achieved in different ways: Building ambidextrous and lean startup capabilities. Established organizations with larger size usually target at extending their core business by incementally innovating their existing business model. .

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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

In this paper [1], which is a “must read” for everyone engaged in this topic, Stanford University’s Charles A. O’Reilly and Michael Tushman review and condense the research done so far on the subject. Actively managing the market introduction therefore increases significantly the likelihood of success for radical innovations.

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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.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Reinvention through business model innovation. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Let’s remind: One size does not fit all.

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The Case for Dual Innovation

Integrative Innovation

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.

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Scaling-Up: The Foundation

Integrative Innovation

But throwing more money into non-incremental innovation alone does not produce results. Playing Field 2 – Reshape the Core : Ensure (a) Adaptation of core business via industrializing ‘new but proven’ technologies and / or ‘some changes to the business model’ (e.g.