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Innovation project or Innovation Capability?

Jeffrey Phillips

No, today I want to talk about the differences and problems when companies focus on innovation as a discrete project, versus what they really need, innovation as a competency or capability. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

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Building momentum, gaining idea generation into energy insights

Innovating4Energy

Gaining momentum and idea generation. I have been asking myself how a combined effect of innovation and ecosystem design thinking will support the energy transition we are undertaking to give it additional traction and generation. It can offer a different multiplier effect to idea generation and momentum building.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

Traditional Stages and Gates Framework The traditional stages and gates process is a project management approach used to drive new products and services from concept to launch. Additionally, AI can aid in collaborative brainstorming sessions, providing real-time suggestions and enhancements to spur innovation.

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Turn Ideas Into Outcomes: A Framework for Maturing Your Innovation Portfolio

Innov8rs

Ideation on its own isn’t enough to drive innovation outcomes—and could even be a waste of resources if not governed properly. Problem: Game-Changing Ideas Get Stuck at Square One Without a reliable system for testing early-stage ideas, orgs are leaving innovation ROI on the table. It’s not enough to come up with an idea.

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Best Practices for Internal Crowdsourcing: Lessons Learned from NASA

IdeaScale

government departments. NASA@Work, the space program’s internal crowdsourcing program, is charged with promoting knowledge-sharing and idea generation. Administrators dub each project a “challenge,” and have a specific process for submitting as well as evaluating and accepting them.

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Unleashing the Power of AI in Innovation Management

Leapfrogging

It consists of a series of phases (stages) where specific tasks are performed and milestones (gates) where decisions are made about whether to proceed to the next stage, halt, or redirect the project. To combat this, we must establish robust data governance frameworks.

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Open innovation & crowdsourcing resources

Board of Innovation

Product ideas crowdsourcing BMW Customer Innovation Lab – in german InnovationJam* – IBM’s idea generation project Dell IdeaStorm – external idea sourcing My Startbucks Idea – shaping the future of Starbucks Connect + Develop – Innovation platform by P&G 02.