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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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Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. When this is properly communicated and promoted across the business, employees have an easily accessible way of sharing their ideas.

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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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Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. When this is properly communicated and promoted across the business, employees have an easily accessible way of sharing their ideas.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

AI systems are adept at sifting through vast amounts of data to uncover insights that can inform every stage of the development process, from ideation to launch. 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.

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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. Risk Assessment : By predicting potential hurdles, AI helps in identifying and mitigating risks early in the product development lifecycle.

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

Innov8rs

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. Gartner has found that business leaders underfund transformational projects by ~33% due to ineffective innovation project evaluation methods.