article thumbnail

5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Similarly, strict top-level decision-making increases the opportunity for groupthink and lessens the chance of fluid idea generation throughout the organization. Both of these are explicit examples of how your organization may be unintentionally discouraging “out-of-the box” thinking and in return, lessening your chances of innovating.

article thumbnail

5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Similarly, strict top-level decision-making increases the opportunity for groupthink and lessens the chance of fluid idea generation throughout the organization. Both of these are explicit examples of how your organization may be unintentionally discouraging “out-of-the box” thinking and in return, lessening your chances of innovating.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shifting Radically the Innovation Business Model

Paul Hobcraft

So the innovation consultants needs to change – why? I get the distinct impression the focus of most innovation consultants is still locked into product innovation or improving the process of the pipeline / portfolio, the idea generation and project execution model. It seems ‘steps behind.’

article thumbnail

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

Qmarkets

Can guidelines for innovation be created? Recently, Gartner released a presentation, "The 5 Most Effective, Least Used Digital Innovation Hacks" 1 outlining the results of a survey performed, asking CIOs regarding their best practices for innovation and came back with some surprising results.

Survey 40
article thumbnail

Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

article thumbnail

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

Qmarkets

Can guidelines for innovation be created? Recently, Gartner released a presentation, "The 5 Most Effective, Least Used Digital Innovation Hacks" 1 outlining the results of a survey performed, asking CIOs regarding their best practices for innovation and came back with some surprising results.

Survey 40
article thumbnail

What is innovation management and why your organization needs it

hackerearth

Examples of process innovation would be reducing the cost per service provided or the time taken and increasing the number of products or services provided within a specific time. Henry Ford’s assembly line innovation is a groundbreaking example. Fashion leader Zara is another popular example of successful process innovation.