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What do most innovative companies have in common?

hackerearth

Although failure is a stigma to the corporate world, Eric Reis, a Silicon Valley entrepreneur-turned-VC-turned author and founder of Lean Startup Movement, encourages companies to embrace the concept of “failing fast”. They adhere to lean principles of product development. They are tech-savvy.

Company 77
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Innovation needs Time, Talent and Temperment

Jeffrey Phillips

But what we should be asking, in much the same way the "lean startup" folks are asking about bare essentials and "minimum viable products", is: what is the minimum investment it takes to make my (team, product group, line of business, company) more innovative? Of course all of these are important.

Roadmap 100
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Unleash Your Visual Superpower!

Boxes and Arrows

Many groups in an organization have a thing that they “own” that gives them leverage in decisions. One team I’ve worked with helps bridge this gap on strategic projects by maintaining an “experience roadmap.” The roadmap is a collection of prototypes showing what each release will look like. Design itself is a product.

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How do you harmonise and accelerate innovation in corporate organisations?

Strategos

As you survey your company landscape, you may see that a variety of well-intentioned teams such as “Lean Startup,” “Design Thinking,” or “Crowdsourcing” are within pockets, preaching practices. Observe and participate in the work of different groups to see how they apply favoured techniques.

Roadmap 40
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The Rise of Product Management

Moves the Needle

The product management function is the right group to design, test, and iterate upon those systems. This helps organizations build the right product and make informed decisions about their product roadmap. Product managers are now able to use data and analytics to understand what features are working and what is not.

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Expert Interview Series: Jennifer Riggins of Happy Melly On Growing Your Brand Using Collaboration And Innovation

IdeaScale

Bringing a group of these happy individuals together toward a common goal makes them more likely to achieve or surpass those goals. In the shared Slack channels, we also see a core group of members constantly openly sharing experiments and offering feedback. This much smaller group acts as a sort of startup incubator.

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The Problem With Problems

Leanstack

Front and center was this high-level roadmap along with a checklist: The rest of the links in the document were tactical how-to guides for attracting prospects, running interviews, testing offers, and designing MVPs. Taking the First Business Model Snapshot “Set a timer for 20 minutes and take a first snapshot of your idea on a Lean Canvas.”

Survey 75