Finding the Ideation and Product Development Balance

IdeaScale

At some point, you have to stop ideating and start putting those ideas into production. But for many businesses, finding the line between ideation and product development can be tricky. IdeaScale balance brainstorming ideation product development

A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. The post A Collaborative Product Development Stage Gate appeared first on IdeaScale.

Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

In today’s fast-moving business landscape, the ability to commercialize products quickly and efficiently is imperative. Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. Lean Innovation doesn’t begin and end with product development.

How to Make Your Design Thinking Program Turn Into Something Real

InnovationManagement

Many of them related to the development of new products inside large companies in industries such as finance, health, education and consumer goods. Why do a large part of the design thinking projects in the corporate world never pass through the prototype phase?

How to Improve Customer Experience in an Era of Choice

alternative products and services at their fingertips. ideation to surface opportunities that deliver better. to enhance products or services – has. opportunities for products, services, and markets. Why ideation? a “crowd”) involved in the ideation process.

Key for Innovation Implementation and Business Success is Communication

Idea to Value

Sure, having a brilliant idea for a new product or service coupled with the top talent and resources may give you a rocket-propelled push at the starting line for the innovation process. Effective communication leads to collaboration among innovation teams , which leads to optimal performance outcomes for the new product development process and innovation To bring about the most successful collaborations, you must be able to marshal the forces of your i nnovation collective.

Ideation Drives Discovery in Customer Experience

Innovation Archetecture

It’s here, in developing the holistic practice of customer experience, that the CXO begins to look a lot like their chief innovation officer counterpart. The essential practices look remarkably similar, however, and ideation plays a critical role.

The death of the 20th Century corporation

Matthew Griffin

“Evidence shows us that the 20 th Century Corporation is dying and that it’s being replaced by a new breed of Millennial Organisation that operates, scales and runs in an entirely new way.

The rise and rise of Entrepreneurs

Matthew Griffin

Entrepreneurs have faster and easier access to funding, expert resources, advanced manufacturing and prototyping techniques and rapid routes to market and when you connect billions of people together the next great idea and the means to resource, develop and sell it are merely a click away.

Guest Blog Post: How to plan for creativity; The power of divergent and convergent ideation

Betterific

The Betterific memberbase is comprised of design thinkers, product developers, and smart creatives. Read below to get smart; reach out to us if you’re interested in learning more about tapping into Betterific’s crowd of design thinkers to rethink your products and services.

How Apple created two giants

Matthew Griffin

In the early days, when volumes of Apple branded products were lower than they are today Samsung and Foxconn were happy with their position in life but as time progressed and as they saw Apple’s money pile growing into a $150 Billion mountain their Board’s ambitions grew.

The secrets behind building a Unicorn

Matthew Griffin

You’ve heard their names and you’re already using their products and in many cases they are now the new market leaders, the companies everyone wants to be or to beat. Development. Their product has an obvious, communicable, quantifiable value. Stage 2: Development.

What Is Business Intelligence?

Collective Innovation

Business Intelligence turns your data into actionable information allowing you to make decisions that increase the likelihood of successful new products, sales programs and marketing efforts. If you’re creating a new product historical data can provide a good measure as to what costs and revenue can be expected. Anything that can help illustrate what the impact of a new course or product may be. What exactly drew them to purchase your product over others?

The Banks Guide to scouting Fintech

Matthew Griffin

But wait up but are the banks and other industries that scout in this way actually in danger of missing out on valuable new innovative solutions and products? Business Models Disruptive Innovation Entrepreneurship Ideation Innovation Open Innovation Product Developments Start Ups banking blockbusters business strategy cio disruption disruptive innovation fintech

Have the Banks already been Disrupted?

Matthew Griffin

Their founders are busy scouring the markets, listening to consumers and using agile, low cost 21st Century technologies to design new, easy to adopt financial products and services like Peer to Peer lending, Bitcoin and blockchain virtual currencies, AI driven Wealth Management solutions without the Wealth Management advisors and elegant API driven Personal Financial Management solutions that give consumers new investment choices and more control over their family fortunes.

Idea Galaxy

Collective Innovation

We developed Idea Galaxy as a way to explore your idea space. To start using IdeaLab login as an administrator and click the user drop-down: Now you can begin your exploration: The post Idea Galaxy appeared first on Collective Innovation - Ideation Management Software. Analytics Crowdsourcing Innovation New Product Development Research business intelligence crowdsourcing data visualization open innovation

Communication is Key for Innovation Implementation and Business Success

Robert Brands

Sure, having a brilliant idea for a new product or service coupled with the top talent and resources may give you a rocket-propelled push at the starting line for the innovation process.

Woulda-Coulda-Shoulda Innovation

Gregg Fraley

Each cycle or project progresses from a blank page, to a platform question, to ideation, to convergence, to pitch presentations. The top person chooses one or more of the pitched ideas to put into the product development pipeline for introduction.

Customer Feedback 101

Collective Innovation

This includes problems with the product, or potential improvements that could lead to increased revenue. In the Net Promoter system people rate the likelihood of recommending you or your product on a scale from 0 to 10. The traditional social model was simply posting brand or product oriented updates out to the many followers but the model used by the most successful names in business is that of engagement.

Innovation Myths Debunked: Part II

Robert Brands

An example of businesses in the retail industry who tried something new would be the subscription box-based model where subscribers pay in advance to receive curated boxes of products. Innovation without implementation is mere ideation.

IM Award Lessons: Know Your Innovation Audience

IdeaScale

Amway : Collaborative Innovation is vital to Amway because it keeps our direct selling opportunity and products competitive and relevant for our Amway business owners. Case Study IdeaScale amway collaboration engagement ideate plan video

Innovations to be thankful for… & the importance of the NPD process

Robert Brands

This week, let’s reflect on some of 2012’s best new ideations. POWERHOUSE Solar Shingle is a revolutionary new roofing product that combines the performance and protection of a conventional asphalt roof with an integrated photovoltaic solar system that powers the home. The Edison Awards honor excellence in new product and service development, marketing, human-centered design and innovation. New Product Development Process.

How You Ask for Innovation Matters

Gregg Fraley

I’ve said for some time that innovation should be everyone’s job, and it’s not just for R&D or product development teams. Provide feedback, as you go, to the ideation, steer it a bit. Six Considerations for Inclusive Innovation.

I.N.N.O.V.A.T.I.O.N : Creating a Culture of Innovation

Robert Brands

Innovation in business is the development of new customer value through solutions that meet new needs, inarticulate needs, or current needs in new ways. RROI gives easy-to-implement and immediately useful ideas for setting and reaching goals like bringing “at least one new product per year to market.”. Innovation leaders need to provide the right support, both material, time and emotional, to stimulate new product development (NPD).

What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. The concepts that started in the ideation program are now being reviewed by the product development team for potential implementation.

Inside One Multinational Bank’s Strategy for Fintech Expansion

Rocketspace

The role of R&D and new product development take on a different role within banks, which need to monitor on-the-ground trends at both the business and consumer levels. New product development is often interlaced with customer acquisition and retention. One challenge that corporate innovators face is how to jump over a major organizational hurdle—the barrier between ideation and innovation.

Agnes Sävenstedt

Innovation 360 Group

Provides expert analysis and sound guidance when developing unique concepts and ideas to facilitate valuable long-term change. New product development. Agile process development. Trend watching and ideation. Director-Level Consultant. Background.

A Successful Product Improvement Workflow

IdeaScale

The first workflow that we’re going to examine is an innovation funnel that has successfully been used for product improvement ideas for product development collaboration : Ideation (Uses the Ideate Stage) : In this stage, idea authors offer product improvement ideas.

What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. The concepts that started in the ideation program are now being reviewed by the product development team for potential implementation.

Agnes Sävenstedt

Innovation 360 Group

Provides expert analysis and sound guidance when developing unique concepts and ideas to facilitate valuable long-term change. New product development. Agile process development. Trend watching and ideation. Director-Level Consultant. Background.

Innovation is too easy

RTI Innovation Advisors

Without training, without skill development, without meaningful facilitation and without a well-defined scope and expected outcome, innovation is easy. First, since there's not a lot of compelling new ideas, the existing products must produce more revenue and profits than initially expected. Without a good pipeline of new solutions, the old solutions become more important, so companies look for methods to extend product life and add a few new features to existing products.

Trends in Innovation in the Chemical Industry

Yet2

Geoffroy de Chabot-Tramecourt , director, R&D and Business Development, Janssen gave a stellar presentation, “ Janssen PMP: An Evolution in Innovation Management.” Like Evonik, they too engage the end user during product development.

Welcome to the Mid Zone of Innovation

Legacy Innovation Group

In 1991, Don Reinertsen and Preston Smith introduced the world to the "Fuzzy Front End" of product development. Koen envisioned the Front End as a structured series of steps focused on discovery, scoping, and business case development.

"T" time for innovation

RTI Innovation Advisors

The efficient, effective environment isn't a good development platform for new thinking and new ideas. Your existing product or service development programs are likely overworked and will reject ideas or solutions that require new capabilities. What this leads to is "me too" innovation, where the innovations are indistinguishable from existing products. The first team wants to sustain existing products and profits and not ruffle feathers.

Agile 167

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

These businesses are close to the action and markets, allowing them to easily adopt a need-seeker approach, a strategy highly correlated with radical innovation, the kind that shakes up markets and innovates from the inside out—from operations and processes though to business models and products.

Crowdsourcing ideas: sexy ideas get implemented

Norbert Bol

new product development) by an undefined, generally large group of people in the form of an open call. Crowdsourcing ideas: Involving ordinary users in the ideation phase of new product development.

How to setup an ‘innovation team’

hackerearth

For instance, the team needs to select, adapt and provide ideation and brainstorming tools, platforms to set up programming and ideation challenges like hackathons , ideas processing pipelines, information sharing applications etc. Product experts.

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Innovation & Growth Leadership Summit Speakers

eZassi

Specialties: Innovation and New Product Development Consulting, Strategic Insights. Trend Tracking & Predicting, Ideation & facilitation, Consumer Insights, Sensory. Steph Barry , Managing Director, Global Market Development, Solatube International, Inc.

Sabina Svensson

Innovation 360

From various experiences over the years – in management consulting, branding & communications, product development, strategy and creative process – Sabina has developed a never-ending hunger for turning needs and opportunities into creative ideas and products. She is particularly experienced in ideation and the early stages of innovation, both by energizing the cross-functional teams she has worked with, as well as being a natural design strategist.

Start With Mindset

Leanstack

Yes, it was a little over 10 years ago that Eric Ries started sharing a series of blog posts and giving talks on a new way of building products?—?ideas By now, “almost everybody building products” has at least heard the term and has been exposed to the big ideas. Time flies.

IdeaScale Accelerates and Enhances the Web’s Capacity for Real-World Problem Solving

IdeaScale

IdeaScale removes those barriers, catalyzing and democratizing the forces of the web to help people identify and develop solutions to issues in their communities. This post is by Alex Rivadeneira, Associate Developer at IdeaScale.

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Leveraging the Crowd – Guide

Wazoku

Although the terms “crowdsourcing”, “open innovation” and “ideation” can sound complex and novel, they are merely new methods of engaging larger crowds to gather ideas and input. In one of our previous posts we mentioned that the more engaged organisations are, the more productive they are.

Can Crowdsourcing Help to Break Down the Biggest Obstacle in Market Research?

Qmarkets

To be sure, there will still be an important role for market research in the coming era of crowdsourced ideation and innovation. The Wall of Separation.