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My innovation journey (so far)

Jeffrey Phillips

Market evidence will tell you that most of new product innovations fail in the first year. Most managers will ask: why take the risk? Managers can squeeze out a few more percentage points of profit on existing products without significant risk. Doing new things in large corporations is difficult.

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Technology Scouting Software for Open Innovation

eZassi

Consumer demands have never been higher, and large organization who don’t innovate will eventually die (think of Blockbuster or Xerox). Large organizations like these can no longer exclusively rely on the internal R&D team or employee base to produce the product innovation and insights that will keep them in the game.

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Six Internal Innovation Sources You should know

ITONICS

The leadership should make sure to be a source for overall drive, vision, and ambition of the organization with regards to innovation. For example, the Chief Innovation Officer of Evonik Industries launched the global “Leading Innovation” initiative, which is aimed at managers and the company’s C-level.

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The Challenges being Faced by Innovation Consultants

Paul Hobcraft

In many ways, the consulting industry specializing in innovation is its own worst enemy. It is highly fragmented, often highly specialized in certain innovation practices, and with much of the advice comes from a cottage industry of independent practitioners, caught up in executing and little time for advancing their own knowledge.

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6 Internal Sources of Innovation

ITONICS

The leadership should make sure to be a source for overall drive, vision, and ambition of the organization with regards to innovation. For example, the Chief Innovation Officer of Evonik Industries launched the global “Leading Innovation” initiative, which is aimed at managers and the company’s C-level.

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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Start-ups, meanwhile, are intensely focused on upcoming needs, but are beholden to the impatience and boom-and-bust cycles of the venture capital industry, which often expects quick returns. Create a special area just for innovating – a place where the most outlandish ideas can be discussed without being ridiculed.

Survey 40
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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Start-ups, meanwhile, are intensely focused on upcoming needs, but are beholden to the impatience and boom-and-bust cycles of the venture capital industry, which often expects quick returns. Create a special area just for innovating – a place where the most outlandish ideas can be discussed without being ridiculed.

Survey 40