Innov8rs
MARCH 17, 2024
However, the business environment for corporate innovators has since shifted, and they are now being asked to do more with less. Following a more generic call to “stop innovation theatre”, the current assignment is to create new revenue streams that contribute to top- and bottom-line in the short term.
Idea to Value
NOVEMBER 7, 2022
However, these processes are not designed to work with innovation projects, where there is no clear plan, or even a confirmation that the innovation idea will actually work once it is delivered. There is no clarity on what innovation teams need to do in order to successfully deliver a project. But do not fear.
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Idea to Value
APRIL 11, 2023
This is why I always recommend that innovation teams agree on the criteria all ideas should be judged against, before trying to generate or collect the ideas. That way, all ideas can be judged impartially, since they are all being assessed against the same criteria.
Idea to Value
OCTOBER 27, 2022
If you choose to spend your time, focus, effort and money developing one idea or innovation, it means you cannot spend those same resources on other ideas. Therefore, you must give up the opportunity to do something else in order to work on your innovation. Most companies do not struggle with innovation because they have too few ideas.
IdeaScale
MAY 2, 2019
For example, if your long-term goal is to shift from an industry you feel is beginning to fade in relevance to one that’s rising, often your short-term goals should reflect the details of what needs to happen for that change. Encouraging the entire company to lean into both forms of innovation, with a focus on their goals, will be key.
IM Insights
FEBRUARY 8, 2022
Elijah Eilert speaks to Andy Cars , the founder and CEO of Lean Ventures International, about the ISO standards for innovation management. The aim is to create a long-term innovation strategy and transform an organisation’s culture into a value creation mindset. Managing uncertainty . About the Episode.
Tim Kastelle
MARCH 7, 2016
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. Uber is a current prime example: they are attempting to expand into healthcare and travel.
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