Idea to Value

JUNE 30, 2023

In one of their most famous examples, people were randomly given coffee mugs, and then asked how much they would sell it for. Other examples from the same authors are someone who previously bought wine which has risen in price not being willing to make a profit by selling it, nor buying more of it.

Examples 211

Examples Innovation Processes Creativity Change 211

Paul Hobcraft

MAY 9, 2023

Many tools, techniques, frameworks, mechanics, and emerging methodologies have allowed different parts of the innovation process to be explored and exploited. We are moving innovation along but not at a pace or design that reflects the need to connect “it ” into one comprehensive process.

Artificial Inteligence 183

Artificial Inteligence Technical Review Agile Innovation 183

Leapfrogging

APRIL 10, 2024

They bring stories of success and failure that can humanize the innovation process and make it more relatable. Their talks can be a catalyst for change, encouraging your team to pursue innovation with renewed vigor. By discussing the innovation process, they can: Ignite the spark of ideation and creativity within your team.

Innovation 113

Innovation Leadership Ideation Innovation Processes 113

Idea to Value

APRIL 11, 2023

Recently, I was speaking with a corporate client about a challenge they were having with their innovation process. They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue.

LEAN 214

LEAN Idea Generation Analysis Project 214

Paul Hobcraft

SEPTEMBER 25, 2023

Service innovation is the creation of new or improved ways of delivering value to customers through services 2. These changes have also influenced the way we structure, visualize, and use tools for innovation. Innovation foresight is the use of methods and tools to anticipate and shape the future of innovation 2.

Artificial Inteligence 174

Artificial Inteligence Change Generative AI Innovation 174

Idea to Value

FEBRUARY 17, 2022

00:05:00 – The importance of Innovation accounting. 00:09:30 – Jim’s example of innovation in the tyre industry, and tracking performance throughout the process. 00:19:45 – The different skills required throughout handovers in the innovation process.

LEAN 199

LEAN Technical Review Innovation Processes Resources 199

Leapfrogging

MARCH 19, 2024

From its inception to the current state, the processes governing the development of new products and services have continuously evolved to incorporate new methodologies and technologies. Traditional Phases and Gates Processes Traditionally, the phases and gates model has been a cornerstone in structuring innovation management.

Generative AI 113

Generative AI Artificial Inteligence Technical Review Product Development 113

The BMI Lab Blog

OCTOBER 27, 2017

From this basic statement we can go further into the topic of creativity in innovation. We can explain that the tools for creativity are used during a regular innovation process where teams should generate new ideas to further explore their feasibility as proper business models. Analogy cards.

Innovation Processes 53

Innovation Processes Tools Creativity Ideation 53

IdeaScale

OCTOBER 13, 2020

As sensors and data analysis tools drop in price, cities and towns are incorporating them into their innovation process for “smart cities,” leading to better public works, increased efficiency, and engaged citizens. Here are a few examples of projects that will lead to a smarter city.

Analysis 130

Analysis Innovation Processes Data Engagement 130

Paul Hobcraft

MAY 19, 2023

Combining these “building blocks” modularly in innovation stacks creates a unique design that adapts to your specific needs and goals. Today, innovation processes are partly designed this way but are more rigid and hold knowledge often as “islands” within a possible solution.

Technical Review 130

Technical Review Software Review Innovation Design 130

IdeaScale

SEPTEMBER 1, 2021

For 2021, IdeaScale has three new winners of the Innovation Management Awards: TriHealth for engaging nearly 80% of their workforce; Grant Thornton for pioneering work in automation; and Graybar for an exemplary innovation process. Best Innovation Process: Graybar. Best Engagement Strategy: TriHealth.

Innovation Management 130

Innovation Management Management Case Study Innovation 130

Paul Hobcraft

JUNE 19, 2023

We cannot afford to avoid changing our innovation processes as we deal with a far more complex and challenging world. We seem to be keeping innovation as a disappointing and often frustrating outcome for many leaders of organizations. Indeed our existing innovation processes are doing an (adequate) job. Why change?

Case Study 148

Case Study Innovation Design Collaboration 148

IdeaScale

JULY 28, 2021

This presents governments with a careful balancing act that needs to be struck with innovation. For example, if you’re going to add a new page to a website, you’ll need to remember that not everyone who visits will necessarily have the technical skills and resources a private organization takes for granted.

Innovation 130

Innovation Policies Innovation Processes Data 130

IdeaScale

JANUARY 23, 2020

Events surrounding the introduction of the iPhone are a perfect example of what happens in the wake of innovation anxiety. In particular, find examples of innovation in your industry, or in related industries, that you can use to guide the way. Pay attention and spend time on the innovation process.

Company 211

Company Innovation Brainstorming Innovation Processes 211

IdeaScale

AUGUST 10, 2021

For example, research shows the COVID-19 pandemic sped up the digital transformation, with companies reporting they are three times likelier to conduct at least 80% of customer interactions online. Idea sharing is the first step in the innovation process. Innovation Catalyst Network.

Crowdsourcing 246

Crowdsourcing Innovation Programs Survey Innovation 246

IdeaScale

JANUARY 14, 2020

Of course, in the case of tools like open innovation and crowdsourcing, you might want the perspective of customers and clients on what they need and want. What Innovation Processes Can I Outsource? Depending on your needs, you can outsource your entire innovation strategy, if that suits you. Timing is key to outsourcing.

Roadmap 182

Roadmap Crowdsourcing Innovation Strategy 182

Qmarkets

MARCH 14, 2024

Examples of Business Model Innovation Exploring prime examples of business model innovation can provide unique insights into how companies across different industries have successfully adapted and transformed their operations.

Software 52

Software Innovation Innovation Management LEAN 52

Paul Hobcraft

AUGUST 22, 2023

For example, wind solutions have continued to evolve as we learn to explore new materials, improve the integration of advanced technology development, and better understand weather conditions. Innovation inspires action; it can focus efforts and drive synergies if set up correctly.

Design 130

Design System Innovation Collaboration 130

IdeaScale

DECEMBER 17, 2019

A repeatable innovation process is a key driver for its business. “I However, she explains, it’s all about the process. Spotless uses a detailed, repeatable process with innovation to identify ideas and guide corporate culture toward innovation. I have very little creativity.”

How To 195

How To Innovation Culture Innovation Processes 195

Paul Hobcraft

APRIL 26, 2023

Innovation Mandates and Governance have a clear need to be well-designed and integral in any innovation process design. I have previously focused on innovation governance, for example, in the posts “ Why we should focus on Innovation Governance ” and “ The Role of Governance Needed in Innovation.

Policies 148

Policies Innovation Programs Innovation Collaboration 148

Leapfrogging

APRIL 10, 2024

When you invite an innovation keynote speaker to your event, you’re not just getting a presentation; you’re accessing a wealth of knowledge shaped by real-world experience and success. These speakers cover a range of topics, from the innovation process to the creation of a culture that nurtures creativity and collaboration.

Artificial Inteligence 100

Artificial Inteligence Case Study Leadership Design Thinking 100

Idea to Value

FEBRUARY 10, 2021

An important part of the innovation process is validating ideas. When done correctly, it is a powerful way of getting feedback from the market on what it would take to make the innovation a success. However, many people fall into a trap when looking for feedback.

Innovation 241

Innovation Innovation Processes Product Innovation Creativity 241

Leapfrogging

JULY 18, 2021

This is a process I’ve taught businesses to implement for more than 25 years, helping some of the world’s biggest businesses develop their innovation processes. The Innovation Funnel Management Process helps narrow down ideas from an innovation process or project into a realistic plan of action and next steps. .

Product Development 130

Product Development Tools System Management 130

IdeaScale

SEPTEMBER 4, 2019

We’ve all been “talked at,” and it can stall good ideas and innovative processes before they even start. Eye contact, as an example, gives us the clearest read not just on where a person’s attention is, but also their body language and their non-verbal signals. Pay Attention To Non-Verbal Cues.

Creativity 182

Creativity LEAN Examples Engagement 182

Idea to Value

FEBRUARY 15, 2021

Another way to foster innovation is to have your employees working and brainstorming together through the medium of education. Say, for example, that you need to upskill your employees in certain computer skills – one of your employees already knows how to use said software. A creative writing workshop is a great example of this.

How To 174

How To Training Innovation Creativity 174

IdeaScale

NOVEMBER 15, 2018

This is our fifth annual award series and we honor winners in three categories: best innovation engagement strategy, best innovation process, and best innovation. A repeatable innovation process is what makes an organization shift to an innovative culture. Why did we pick the categories that we did?

Innovation Management 149

Innovation Management Management Engagement Crowdsourcing 149

IdeaScale

JUNE 16, 2022

Along the way, you’ll likely have to reinvent all the systems within the car and you’ll have to apply creativity each step of the way, then innovate to reach your goal. You’ll be using creativity constantly during your innovation process. Electric vehicles are a good example.

Creativity 130

Creativity Innovation Innovation Programs Strategy 130

Jeffrey Phillips

OCTOBER 25, 2021

The second reason it is a bit difficult to review is that a significant portion of the book relies on vignettes about successful innovators. For example, on page 37, talking about the transition at Samsung, the author writes about a "painstaking, decades-long process" of building an innovation engine.

Idea Generation 144

Idea Generation Innovation Leadership Engagement 144

Paul Hobcraft

APRIL 13, 2023

Showcase successful collaborations : Share examples of successful cross-sector innovation collaborations in similar domains, and how they have created value for all parties involved. For example, a private sector organization could collaborate with a university or research institution to develop new products or technologies.

Collaboration 148

Collaboration Engagement Innovation Resources 148

Paul Hobcraft

DECEMBER 1, 2023

Other cognitive abilities, such as critical thinking, creativity, problem-solving skills, and the ability to connect disparate ideas, also play significant roles in the innovative process. Furthermore, innovation is influenced by various external factors, including social, cultural, economic, and technological contexts.

ChatGPT 183

ChatGPT Creativity Data Learning 183

Innovation in Practice

DECEMBER 7, 2015

Many innovators take on a project without a plan to measure and revise the return on investment projection (and course-correct) as the product evolves. For example, a large enterprise wants to digitize its sales operations to shorten the length of the sales cycle, from initial contact to closed deal.

Data 40

Data Innovation Processes Underperforming Technical Team Innovation 40

IdeaScale

DECEMBER 26, 2019

Here are some lessons to learn from how startups innovate quickly and turn into established companies. That problem can be extremely simple (for example, Facebook mostly exists to stay in passive touch with friends and family), or it can be complex (like figuring out cold fusion). Identify the Problem.

Learning 173

Learning Innovation Crowdsourcing Creative Process 173

Innov8rs

MARCH 4, 2023

This example shows that a successful intrapreneurship program requires you to treat your employees as users. Pressing issues usually spark innovative ideas. To put this into context, Christian shares the following example. Later in the article, we'll see what this process looks like at PowerLab.

Learning 104

Learning Management Video Project 104

IdeaScale

MARCH 30, 2021

Brands need to reframe the narrative, find value in sustainability, incorporate it into larger operational goals, make it part of the upgrade and repair cycle, and create a circular innovation process to constantly build on successes. Sustainability, ESG, and Innovation. A good example is air pollution.

Strategy 130

Strategy Strategy Meeting Innovation 130

Phil McKinney

JUNE 14, 2023

So why is constructive intense criticism a critical part of the innovation process? For example, when Steve Jobs introduced the iPhone, it was met with skepticism and criticism from those who believed the device was just a fancy phone. Why Is Intense Criticism Important? Criticism can help shape and distill these ideas.

Underperforming Technical Team 76

Underperforming Technical Team Creativity Collaboration Analysis 76

Jeffrey Phillips

JUNE 20, 2019

In this post I want to discuss the proliferation of ideas and their relationship to innovation. Ideas are easy Ideas are the raw material of innovation. There is only so much bandwidth to review, evaluate and process ideas, so many ideas never get reviewed or considered. There can be little doubt about that.

Technical Review 235

Technical Review Idea Generation Strategy Strategy 235

PlanBox Innovation

JANUARY 24, 2024

Establishing an innovation standard, as facilitated by ISO 56001, is not about stifling creativity or impeding execution. Instead, it’s a framework designed to enhance the innovation process. The key lies in creating a culture of innovation that values creativity while ensuring a structured approach to execution.

Software 72

Software Innovation Management Innovation Processes Roadmap 72