Why innovation portfolios matter

RTI Innovation Advisors

Certainly companies are good at product portfolio and roadmaps, making decisions on how much to invest in older technologies, how much to invest in newer products and the roadmaps and versions that should be developed. Product roadmaps help us think through how a product will morph and add value over time, to remain valuable for customers by adding new capabilities or features. It's also helpful to use the portfolio as a way to manage product groups and teams.

9 Tenets of an ERP Cultural Transformation

MSSBTI

If you ask a group of CIOs what their biggest barrier to change is in their organization or indeed the wider enterprise, the most common response is almost always culture or some variant thereof.

Your Future Lies in Occupying the Innovation Job and Using the Skills it Provides

Paul Hobcraft

A detailed report for the World Economic Forum in 2018 “ Towards a Reskilling Revolution: Industry-led action for the future of work” , in collaboration with Boston Consulting Group, investigated viable and desirable job transition pathways on the Future of Jobs.

System 243

ITONICS as Product Challenger in the Market Segment “Accelerated Innovation”

ITONICS

From environmental scanning, trend, technology, and start-up scouting to idea management and innovation roadmapping, the entire innovation process is shaped and controlled.

Measuring Innovation Performance

are in terms of quality (as discerned by an expert group). roadmaps and another 9 hacks resulting in process improvements. Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. INTRODUCTION Constantly ?nding

7 Must-Read Books on Innovation Strategy

IdeaScale

One of the key concerns about innovation is how to structure the groups in charge of it so that all stakeholders have a voice without stalling out good ideas. Khan offers a detailed roadmap to avoid this pitfall. Part of good business is reading business theory.

Creating Innovation Connections as the Customer Advocate

IdeaScale

These insights can become the inspiration sparks of your group’s creative thinking. User groups : Hold user group meetings where ideas are shared and feedback is welcomed. But don’t rely only on them to create the future roadmap for your product or service.

Innovation needs Time, Talent and Temperment

RTI Innovation Advisors

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? Even passionate people need to have guidance, and can work more effectively if they have a roadmap and a defined end goal. Invest in defining what a successful innovation roadmap looks like, and here's a hint.

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 doesn’t just benefit the project team or the designer.

Culture of Innovation: Premera Blue Cross Engages Employees to Drive Innovation

Planview Spigit

And we saw our working group and other people across the company really engage on the challenge and encourage each other to promote ideas and collaborate across platforms,” said Patti Brooke, Premera director of client and portfolio management.

Continuous Improvement: To employees and beyond!

Wazoku

So, it stands to reason that they would also be the group that is best positioned to come up with new ideas to improve the way the business is run. Different groups have different approaches and different ways of thinking and there is value and benefit to be found in all.

Companies betting big on open innovation

hackerearth

The world’s largest networking company has Innovation Centers around the world which are open innovation hubs to help explore and develop new technologies by “bringing together communities of customers, partners, start-ups, accelerators, governments, universities and research groups.”

Your Innovation Pipeline Is What You Feed It

Legacy Innovation Group

The focus group was in vogue. This is almost "anti–strategic"⃜ their innovation portfolios and product roadmaps are full of things that simply do not matter, or that do more harm than good! Your Innovation Pipeline Is What You Feed It. Oct 20, 2015 | Anthony Mills.

The Root Cause for Innovation Theater and How to Avoid It

Leanstack

To speed things up, we break these funnels into smaller sub-funnels, define clear local KPIs (key performance indicators), and assign different groups of people (departments or organizations) to optimize them.

Crowdsourcing: Bolstering Your Company’s Survival Kit

Planview Spigit

A company’s very survival relies not on a visionary CEO or group of executives but the collective knowledge of its employees and their ability to collaborate. The reality is, despite the spotlight that’s placed on founders, not one CEO or group of executives knows everything.

How do you harmonise and accelerate innovation in corporate organisations?

Strategos

It’s rare that a company can operate a model based on employee crowdsourcing and customer empathy along with one focused on functional specialists deploying technology roadmaps. While devotees of each method will tout virtues, a group dialogue based on the recognition that many different methods can be applied to yield a given “what” is more likely to succeed. Observe and participate in the work of different groups to see how they apply favoured techniques.

Every Digital Transformation needs a water carrier

The Future Shapers

In order to be able to draw that unique picture and determine the roadmap and plan that will deliver the prizes you seek I would recommend going through a detailed discovery and audit. I’m a big Manchester United fan and one of the clubs most successful periods under Alex Ferguson’s management involved a group of Fergie fledglings known as the ‘Class of 92’. This group of players recruited as novices and trainees progressed to the first team during the 1990s.

Why Innovation Transformation Programmes Fail

The Future Shapers

Setting out on a roadmap for innovation transformation without aligning your innovation ambitions with core strategy is a sure-fire way of ensuring that your efforts will not deliver the expected outcome. Mike Hatrick, Global Head of IP Strategy & Portfolio at Volvo Group Trucks Technology puts a different slant on this. But like any ‘build-test-learn’ approach, if your roadmap was right then the next step isn’t far away.

Internal Crowdsourcing vs. External Crowdsourcing: How to Determine the Best Solution

Planview Spigit

An internal crowd is broadly defined as a group of employees of a company (more than 200 to be a crowd, per Spigit recommendations) that are invited to participate in an ideation challenge or ideation community. Product roadmap feedback, validation, and some ideation.

When Creative Destruction is the Right (or Wrong) Foundation for Innovation

New Market Advisors

And it’s the knowledge of when to focus on addition and when to focus on replacement that gives companies a competitive edge and a roadmap for growth. Finding ways to deliver less can ultimately be a win for both groups.

Release of The Complete Guide to Business Innovation Volume 1-5

Innovation 360 Group

Entrepreneur and international innovation expert Magnus Penker built the Innovation360 Group to offer businesses a pathway for achieving that understanding. This approach provides an iterative, evidence-based assessment to serve as the roadmap for future investments. Today we officially launched the release date of the new book series “The Complete guide to Business Innovation Volume 1-5” and the first volume “How to Assess and Measure Business Innovation”.

Internal vs. External Crowdsourcing: How to Determine the Best Solution

Planview Spigit

An internal crowd is broadly defined as a group of employees of a company (more than 200 to be a crowd, per Spigit recommendations) that are invited to participate in an ideation challenge or ideation community. Product roadmap feedback, validation, and some ideation.

Fostering Social Work Habits in a Traditional Company

AureaWorks

A few years years ago, I had the privilege of working with Katrin Fischer, the social intranet project manager at Schaeffler Group , on the early stages of their Jive launch.

Three Pieces of Advice from Venture Capitalists and Top Executives

New Market Advisors

This covered topics such as “eating alone together,” where groups can satisfy different tastes while sharing a communal meal, and the rise of plant-based diets and flexitarians (often called casual vegetarians).

Get Real About Your Company’s Future

The Inovo Group

At the time, there were no widely recognized market research reports, customer insights, or technology roadmaps (except perhaps inside Apple) that projected what the world might conceivably look like in 2017. Technology roadmapping?

Everything you need to know about innovation management software

hackerearth

Encourage engagement for large group creativity by internal and external networks, individuals, and communities to address innovation needs (e.g. roadmapping, portfolio management, idea management). Is a product/portfolio roadmap chalked out for the future?

Soldiers & Hessians, Ronin & Ninja

Boxes and Arrows

A UX future vision accelerates short-term delivery, but also drives the product roadmap. Because of these structural differences, agencies and in-house groups have different strengths and are suited to solve different problems.

Digital Transformation: The Why, What & How For Transformational Leaders…

The Future Shapers

It features all the dimensions that inform and guide ‘change roadmap’ development. I have found the process of developing a strategic narrative the most effective way to get a group of senior leaders working on the same page. Setting The Scene: The Digital Leader.

Agile 80

What do most innovative companies have in common?

hackerearth

And whatever they learn or earn from such measurements, they put it to use in their product roadmaps or other business areas. A study by the Boston Consulting Group (BCG) reported that over 74 percent of strong innovators follow lean principles in their R&D processes.

LEAN 85

In defense of industry-agnostic innovation management

David Marks

Our framework consists of over 150 best practices grouped together into themes. Based on the assessments we provide clear recommendations and roadmaps for improving companies innovation credentials.

Innovation management software: Everything you need to know

hackerearth

Encourage engagement for large group creativity by internal and external networks, individuals, and communities to address innovation needs (e.g. roadmapping, portfolio management, idea management). Is a product/portfolio roadmap chalked out for the future?

Reinvention: Accelerating Results in the Age of Disruption

Innovation in Practice

A simple Reinvention Formula* and Reinvention Roadmap* (for both individuals and organizations), and assorted tools that can create breakthrough results, overcome resistance and inertia, and ensure that every change made reinforces and aligns to the end goal.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Teach this group the principles of crowdsourced ideation, and turn them into your innovation program champions. Creating a group of champions can help your program gain more visibility amongst employees, which directly impacts the program’s ability to scale and become a key pillar in your company’s corporate strategy. In previous years, the hackathon was run with a small group from Premera’s IT department.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Teach this group the principles of crowdsourced ideation, and turn them into your innovation program champions. Creating a group of champions can help your program gain more visibility amongst employees, which directly impacts the program’s ability to scale and become a key pillar in your company’s corporate strategy. In previous years, the hackathon was run with a small group from Premera’s IT department.

Retail innovation: Trends, challenges and opportunities

hackerearth

In another example, Future Group, one of the largest retailers in India, conducted a datathon to understand consumers better from data-driven insights and embracing digital transformation. Develop a roadmap and build a strong business case.