How to Build a Future-Proof Strategy

HYPE Innovation

The third in HYPE's series on the ten most-often-asked questions about strategic foresight, this post offers guidance, practical tips, and examples of how to build future-proof strategies. Usually, a strategy boils down to four elements: a vision, strategic goals, strategic choices, and key means of execution (e.g., Foresight can support strategy creation for all these elements, as well as the execution itself.

How to Remove Roadblocks to Creativity

Idea to Value

When people think about what barriers a marketer may have to success, they usually think of technical challenges. Marketing requires many types of creativity and innovation to be successful. There are some steps you can take to avoid or break through these barriers when they appear.

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How To Build An Ecosystem Strategy

Digital Tonto

The truth is that value chain based strategies are slow and rigid and the world has become fast and agile. You can’t simply seek to build a better mousetrap, you need to relentlessly connect to build. [[ This is a content summary only. All Posts Management Ecosystems Network Theory StrategyVisit my website for full links, other content, and more! ]].

How to Kill Innovation Projects

Destination Innovation

Listening to customer feedback. They are all important but I believe that the most vital is #8 – the ability to kill off the weaker projects. Starting evaluation projects is harder but you need to start many because no-one knows which will succeed. If you start 20 projects it is likely that you are going to have to eliminate at least 17 or 18 of them. Typically fewer than 15% of trials make it through to final product launch.

What We Learned From Our Own Data-Driven ABM Strategy

ZoomInfo has created the following eBook to help other B2B organizations gain insights on how to launch their own data-driven ABM strategy. In this eBook, we will reveal the good and the bad from our own campaign and highlight some key takeaways on how to improve your ABM strategies moving forward.

How to Adjust Your Innovation Strategy to Accommodate Social Distancing

IdeaScale

At the beginning of the year, remote work was seen as either a luxury or a tool to give workers more flex time. How do you continue working on your innovation strategy when … Continued. The post How to Adjust Your Innovation Strategy to Accommodate Social Distancing appeared first on IdeaScale. Suddenly, with the arrival of the COVID-19 pandemic, it’s become indispensable.

How to Fix Corporate Tech Strategy

Innovation Excellence

A large defense contractor is in the process of revamping their technology strategy. They want to see more return on investment, which totals more than $1 billion annually across headquarters and its business units. This money is meant to deliver the next generation of technologies their customers need. Strategy TechnologyRecently, however, their success rate has been.

Strategy Evaluation - How To Do It Correctly

Cascade Strategy

The process of strategy evaluation is often overlooked in the overall strategic planning process. After the flurry of activity in the initial planning stages, followed by the reality check of executing your strategy alongside business-as-usual, strategy evaluation is often neglected. When this occurs, strategies quickly become outdated and out-of-sync with the changing face of the organization.

How to test whether your innovation strategy is socially responsible

Board of Innovation

Design an innovation strategy that takes sustainability, social impact, and integrity into account using our new tool and revised innovation sweet spot. The post How to test whether your innovation strategy is socially responsible appeared first on Board of Innovation. All Expertise

How To Align Innovation Projects With Corporate Strategy

Strategyzer

Unfortunately, we only rarely see a clear alignment between strategy and innovation. This results in innovation projects that inevitably fail to gain traction and support from leaders within the business. From our experience, nowadays most companies perform some sort of innovation activities. Steve Blank, founder of the Lean Startup movement, calls this “innovation theatre”. A bunch of innovation activities that do not produce any tangible outcomes.

How to Manage Remote Distributed Teams – Best Practice Strategies and Tools

Leapfrogging

Here are best practices for how to lead a productive remote or distributed team. When I ran the strategy consulting group at HP almost 20 years ago, my team worked remotely. Now, given what’s going on with the COVID-19 virus, governments and companies everywhere are instructing workers to stay home and telecommute. The challenge is that many managers haven’t actually been trained on what’s needed to lead virtual or distributed work teams.

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How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

How to build effective strategy even in constant change

Innovation Excellence

Strategy is More Important than Ever Many have pronounced “Strategy is dead.” Citing the speed with which new technologies are emerging and the perpetual changes to market conditions, consultants and executives alike are claiming that it is no longer possible to craft a meaningful long-term strategy. Strategy” must be adaptable and ever-evolving. Change Strategy 21st Century Strategy business leadership Innovation Leadership VUCA

How to Use the Three Horizons for Future Sensemaking

Innovation Excellence

However, this post will close the gaps and explore potential “tabletop” collaboration tips, templates, and examples to anchor this at a ground zero level. Do you have the capabilities to carry out those bets? Where would you invest your time, money, collaboration Creativity Innovation Leadership Management Strategy Business Model Canvas how-to guide McKinsey three horizons of innovation tips tutorial

How to Stop Killing your Staff

Destination Innovation

am, works hard till 7 pm and expects all your people to do the same? Are you finding it hard to recruit people who want to? There is considerable evidence that in office work, long hours do not lead to increased output. And there are negative consequences to overwork. If your organization gets a reputation as a sweatshop it can be hard to recruit new staff – especially millennials and returning mothers who want a good work/life balance.

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How to Draw Innovation Inspiration From Customer Data

IdeaScale

Data is the most valuable tool that any business has access to today. With the right insights, you can determine which of your marketing strategies generate the most return on investment or which audience you should target with your new product to earn the most revenue.

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How To Build An Ecosystem Strategy

Innovation Excellence

Now, with new, even smaller “microcomputers” evolving into a growing market, it was about to miss out again. By 1980, IBM had hit an inflection point. It had already missed out on the minicomputer revolution. So it set up a “skunk works” in Boca Raton, FL and, in less than a year, launched the IBM. Innovation Ecosystems

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

How To Build a Powerful Digital Workplace Strategy

Acuvate

How To Build a Powerful Digital Workplace Strategy A recent report by the Digital Workplace Group suggests that more than 76% of surveyed organisations consider digital workplace initiatives to be either important or very important. The post How To Build a Powerful Digital Workplace Strategy appeared first on Acuvate.

Podcast S4E70: Pete Newell – How to manage an innovation pipeline

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Pete Newell, Founder of BMNT. We speak about how to align innovation strategy with operations in large organisations. 00:05:00 – How companies suffer from innovation exhaustion.

How to Be All Inclusive

helloFUTURE

Some say that you need to be a bit of both. To hold a useful design thinking session, you need both introverts, extroverts, and ambiverts. It would… The post How to Be All Inclusive appeared first on hellofuture.

How to Measure the Success of Your Innovation Management Strategy

IdeaScale

Time itself creates points of comparison, whether you choose to evaluate them or not. Learn how to measure innovation success to improve the results of future innovation projects. With innovation, measuring success isn’t as straightforward as it is with other types of projects, but it can be done , and innovators who create an innovation management strategy set themselves up for further innovations and improvement without wasting time on tactics that don’t deliver.

Best Practices for Accelerating the Sales Process

This eBook takes a look at three headache-free strategies you can employ today to accelerate selling the right way. Read on to learn how to adopt specific workflows and approaches that append your existing processes to deliver value to your prospects and internal counterparts.

How to Create a Winning Business Level Strategy

Cascade Strategy

Business level strategy is concerned with the strategic planning and execution of initiatives for business units. Business strategy is considered the 'middle' level in the overall strategy hierarchy

How to Use Crowdsourcing in Your Digital Marketing Strategy

IdeaScale

A new innovation in the digital marketing sphere is the idea of using crowdsourcing to generate or test marketing ideas. Up until this process, marketing, digital marketing and traditional marketing had been a “ one-way conversation ,” according to The Huffington Post. Previously, the only contributor had been the firm, who would generate, test, and implement marketing schemes and campaigns according to internally sourced ideas.

How to introduce a cost-cutting strategy in your innovation initiative: Step 1

Exago

To introduce a cost-cutting strategy in your innovation management initiative and ensure that your business remains relevant and able to maximise its potential under less favourable circumstances, five major steps should be taken. The post How to introduce a cost-cutting strategy in your innovation initiative: Step 1 appeared first on Exago.

How to Design for Outcomes

Tim Kastelle

It’s always a bit dangerous to be “inspirational.” ” The problem is that inspiration doesn’t always lead to action – and that’s what we ultimately want. Their strategy was that they would use the awards and the attention that they generated to inspire manufacturers to make their incubator. Despite all the awards, DtM couldn’t find anyone to build their incubator.

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The ABC’s of Recruiting for Gen Z

Take a look around you at any given moment, and somebody is likely surfing the web on their phone. In 2020, society has fully immersed itself in the web and all it has to offer - and no one more so than those of Generation Z. With “Gen Zers” beginning to enter the workforce at entry-level positions, it’s crucial to understand that this generation operates differently from the last. With this caveat in mind, read on to learn how to adapt your recruiting strategy to appeal to this pool of potential employees.

10 Strategies: How to Learn Advanced Concepts Fast

Game-Changer

In this environment, people and companies that survive and thrive are those who know how to learn ; fast. Notice I said “who know how to learn”, this is key because you can’t adjust course based on your own point of view if you don’t. With that said, how do you keep up? How do you stay sharp? How do you learn how to learn? One way is to learn from learners. His 10 Strategies are: Find a reason to learn.

How to Design for Success

Innovation Excellence

Some get there with jobs-to-be-done, some use Customer Needs, some swear by ethnographic research and some like to understand why before what. Whichever mechanism you use, the objective is clear – to understand what they need. Design Strategy Customer Needs Innovation Strategy jobs-to-be-doneWhat do they want? But in all cases, it starts with the customer. Because if you don’t know what.

Innovation Strategy – What is it and how to develop one?

Viima

Strategy is about making choices between a number of feasible options to have the best chance at “winning”, and innovation is just one of the means to achieving your strategic goals. Innovation Innovation Management Innovation Strategy

How to Refresh Your Innovation Strategy in 2018

IdeaScale

Refreshing your innovation strategy is likely on your to-do list for 2018. But you may also be stuck on how to get started. Maybe you’re happy with your strategy, or just not sure how to improve. How was your 2017, innovation-wise? One common problem in innovation strategy is that businesses grow, and what originally worked might simply be too constraining. How have those innovations been paying off?

Connecting Analytics to Strategy - Keeping Your Corporate Objective In Sight

Speaker: Tom Evans, Senior Principal Consultant and Trainer, 280 Group

Data analytics has transformed the way many product managers approach product enhancements, creating strong demand for product managers with skills and expertise in defining and analyzing product metrics to make more valuable product decisions. But there is one essential element that is often left out of the conversation, and that is strategy. How does my product decisions support the overall strategy of the business, and am I tracking the right metrics based upon that strategy?

How To Leverage Your Strategy Reviews?

Ankush Chopra

It is common knowledge that if you want to succeed in a business career, you must demonstrate your mettle again and again. But to prove that you are a heavy hitter, you need to stand on the home plate; if you never get to the home plate, the world will never know your batting average. It is not surprising then that half the work in your climb to career heights is in getting to the home plate. And how do you do that in cutthroat business organizations?

How to Create and Sustain a Culture of Innovation

IdeaScale

Management and employees need to be on-board with strategies that drive change. According to statistics, large organizations that invest … Continued. The post How to Create and Sustain a Culture of Innovation appeared first on IdeaScale.

How to Create and Sustain a Culture of Innovation

IdeaScale

Management and employees need to be on-board with strategies that drive change. According to statistics, large organizations that invest … Continued. The post How to Create and Sustain a Culture of Innovation appeared first on IdeaScale.

How to Build YOUR Best Innovation Process

InnovationManagement

How might we build a more efficient or effective innovation process? The post How to Build YOUR Best Innovation Process appeared first on Innovation Management. Collaborative Innovation Strategies

Reader Survey 2021 Business Innovation Brief

Can you believe we are in 2021? 2020 was a challenging year for innovation and strategy professionals. Here at Business Innovation Brief, we have worked tirelessly to provide guidance and a sense of community for our viewers. Business Innovation Brief’s many thought-leaders eased the physical distance between us by sharing their wisdom and empathy. Our goal is that through our site, we helped make 2020 as rewarding as it was challenging. We would love for you to share your experience about how the site has affected your learning, and also your thoughts on how to make it better. The total time to complete the survey is 3-5 minutes To view the survey, click the “View Now” button below:

How to Negotiate Using the FBI’s 5-Step Hostage Strategy

Innovation Excellence

Whether it’s a VC, a partner, an employee, a spouse, or your child, getting someone to see things your way means doing this first. Few negotiations involve decisions with stakes as high as a hostage crisis, but this simple 5-step negotiation strategy works just as well in the boardroom as it does in the battlefield.

The 10 Rules of Digital Transformation

Rmukesh Gupta

They come together on a virtual meeting every month for about 90 minutes to listen to a thought leader or a practitioner and their approach to digital transformation. He is part of the Group strategy office and he shared his thoughts, perspectives and how digital transformation is viewed in his organisation. According to a survey done by Mckinsey , leadership matters as much in a transformation project as in day-to-day activities.

Implementation Strategy – How to Create Strategy for Results

BrainZooming

We were discussing our approach for developing a specific business strategy. After completing their strategic plan a few months earlier, we’re now fleshing out a successful implementation strategy for an initiative they spelled out in the plan. That included: A company-wide online survey (to get a sense of what employees thought about priorities and challenges). A day-long, in-person leadership team visioneering workshop (to develop the main inputs into the strategic plan).

How to Lead Innovation in Government Agencies

IdeaScale

As we’ve figured out better, more efficient, and fairer ways to govern ourselves, our world has changed for the better around us. Here’s how to make sense of it and develop more effective strategies. Develop Clear Goals And Steps Managing government innovation is often about making it clear what you want to do, and how you want to do it. Seek External Partners While some challenges are unique to government, many of them aren’t.

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A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session examined the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. This was a great session you don’t want to miss.