Five Product Innovations that Evolved Over Time

IdeaScale

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives. To illustrate how this can happen, it’s helpful to look at innovations that evolved over time. Some product innovations aren’t created by the company at all.

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development.

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We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target market inside organizations as innovation is occurring in all corners of the organization today.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

Open Innovation: A 2014 Research Agenda

Open Innovation

One of the main goals of the Chesbrough/Vanhaverbeke/West 2006 book was to shape the research agenda of the open innovation. Our final chapter was immodestly entitled “Open innovation: a research agenda” (West, Vanhaverbeke and Chesbrough, 2006). Since I'm trying to write a short encyclopedia article on open innovation — and want to make it different from my 2011 article — it seemed a good time to review what’s been written recently.

Themes for the practice of open innovation

Open Innovation

Like my OI collaborators Henry Chesbrough & Wim Vanhaverbeke, I get a lot of emails (and receive many Google News updates) on businesses and consultants touting some claimed breakthrough on open innovation. I first met Cheryl in 2007 — when I was hired to train Kimberly-Clark execs on open innovation — and in 2012 Cheryl invited me to present my research at CoDev2012 when it was in San Diego. New Frontiers in Open Innovation, Oxford: Oxford University Press, pp.

Open Innovation at the User Innovation Conference

Open Innovation

On Tuesday, Frank Piller of RWTH Aachen presented an overview of open innovation. He presented to attendees at the 2014 Open and User Innovation Conference — the 12th annual meeting of the user innovation workshop — which met at Harvard Business School. A track chair here at OUI, Frank is one of two members of the user innovation “tribe” (the other being Karim Lakhani) who's worked most actively in open innovation.

Chasms, Criteria… and Innovation

Innovation Excellence

It describes companies who can innovate in the current business at the same time as creating new business options for the future. Build Capability culture Disruption Finance Innovation Leadership Management Open Innovation Product Innovation R&D Strategy Business Models collaboration Disruptive Innovation growth Innovation Management organizationThe concept of the ambidextrous organization is gaining traction.

Innovation and Intrepreneurship at SMEs: T3LGROUP France

Innovation Excellence

Nicolas Bry interviews Benjamin Ott, a young innovator working at T3LGroup, a French SME with a long tradition of developing new manufacturing processes, and product applications for office products, and shopfitting equipment. Innovation Management Processes & Tools Product Innovation Profiles of Innovators Benjamin Ott intrapreneurship manufacturing Open Innovation SME Start-up Startup T3LGroup

Standardization as an open innovation activity

Open Innovation

An important but understudied form of open innovation is the network form (network as defined by Powell 1990). The theme for EURAS 2016 is ‘Co-opetition and Open Innovation’, and so I was invited to deliver the keynote address. The slides for my talk (entitled “How standards research can inform open innovation”) are online at SlideShare. Failed OI Network Strategies Often the research in managing innovation networks (platforms etc.)

The Benefits of Open Innovation

HunchBuzz

Open innovation is the life blood of many corporations. One of the greatest benefits of open innovation is the ability to find and groom innovators who already have products and technologies. Experts find that it is twice as valuable to bring on a ready-made product than to develop one from scratch. There is much more time spent doing “corporate stuff” than focusing on creating a better product or service. Open” means open across the board.

Innovate like a startup or like big business?

Innovation Excellence

Startups are king when it comes to innovation. Innovation Open Innovation Product Innovation collaboration Innovation Management Product Management StartupIndeed, established companies often strive to behave more like startups. But in reality, it is quite challenging. Startups, on the other hand, wish they had access to resources, particularly capital.

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Poor innovation implementation.

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Poor innovation implementation.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

Participation leads to Innovation

Destination Innovation

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ ’ Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period. They found that four factors were particularly important for success with innovation and growth. Quantifying a Culture of Innovation.

Principles of open innovation

hackerearth

There are all examples of open innovation (OI) at its best. Popularized by Henry Chesbrough,“Open Innovation” term refers to the broad concepts of leveraging external sources of technology and innovation to drive internal growth. As opposed to traditional closed models where companies use primarily internal resources to drive innovation, in the newer open models, knowledge crosses an organization’s boundary for commercialization in new or existing markets.

Trends in Innovation in the Chemical Industry

Yet2

In mid-May, yet2 sponsored the NPD and Innovation in the Chemical Industry conference , organized by the European Networking Group. Geoffroy de Chabot-Tramecourt , director, R&D and Business Development, Janssen gave a stellar presentation, “ Janssen PMP: An Evolution in Innovation Management.” Geoffrey de Chabot-Tramecourt, Janssen PMP, presenting at NPD and Innovation in the Chemical Industry Conference.

Research Opportunities for Network Forms of OI

Open Innovation

At #RnDParis2019 Thursday, I gave a “master class” on the network forms of open innovation: alliances, communities, crowds, consortia, ecosystems and platforms. It was a standing room only session: it appears that there are a lot of innovation researchers (particularly those new in their careers) who want to learn more about this area and the research opportunities. I extended the idea with a chapter in our 2014 book, New Frontiers in Open Innovation.

Game Changers: How Citizen Science and Gamification Are Transforming the Business World

Qmarkets

Today, this audacity is reflected in the rising influence of citizen driven innovation and science – that is, the collaboration of volunteer non-scientists with professional scientists in collecting data and analyzing it to resolve real-world issues. Inform your innovation strategy.

Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. From my point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Reinvention through business model innovation.

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Where Are You on an Innovation Scale?

CREATORS

In this article, we share Creators’ experiences and market observations to give you a brief overview of a typical corporate innovation journey. In today’s constantly evolving markets, the need for innovation is as important as ever. Every company wants and needs to be innovative?—?“able?—?over to create value and sustain/increase the market share by making changes to product portfolio, business models and company structure”. internal innovation activities (e.g.

Idea Competitions and Why Your Business Needs One

Ideanote

They all swear by in-house innovation programs which give every employee a chance to pitch their ideas. So, if you want to join the innovative crowd and get some fresh input for your new product, internal idea competition is your answer. Not only will you get the ideas you need, but also boost your innovation culture, employee engagement, and promote internal collaboration. Usually, open innovation challenges also include participants outside your company.

3 Innovative Projects with Ideanote to Get '19 Started

Ideanote

What better way to start this new year than to put actions behind words on that innovative organization culture of yours? As an all-in-one innovation platform, Ideanote can be successfully used in a manner of different ways. Open innovation, idea management platform, employee motivation tool – the possibilities are, if not endless, then at least plenty. Happy innovating! Open innovation can be applied to different areas, with different goals and outcomes.

Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. This is part two of an extended series on my thoughts on “ moving towards a new way of managing innovation ” that explores the potential for changing the management of innovation. I would suggest on the very way we manage innovation.

The innovation value lies within the new system

Paul Hobcraft

As many of our business organizations seek to optimize their processes across the company, they are constantly reaching more outside to gain growing partnerships and greater innovation interactions. They are looking to complement and reinforce existing capabilities through more open innovation thinking and approaches. Building new innovative collaborations. The evolving innovation lab. The new innovation era. Core capabilities have upsides and downsides.

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How to Achieve High-Quality Ideas in Idea Competition?

Ideanote

In the previous blog post, we laid out the concept behind in-house innovation competition and the benefits that come with it. Now, we will give you a few useful tips on how to manage the contest to assure high-quality ideas are born. If you already picked a suitable innovation management platform to get you started, it is time to plan your first idea contest. Internal idea competitions are a great way to take the organizational innovation culture to a new level.

Reviewing research on 3D Printing

Open Innovation

The talk was part of two 3DP sessions within the 2019 R&D Management Conferece hosted by Thierry Rayna, Frank Piller & I. The talk covered these themes History of 3D printing industry (from West & Kuk, 2016 ) Some stats on management/business research on 3D printing Ideas and suggestions on how 3D printing research could have more impact My slides have been uploaded to SlideShare.

Innovation through intrapreneurship

ideas4allinnovation

This article published in the Harvard Business Review argues that they certainly exist, provided they have an environment that favors and promotes innovation, with prior knowledge of existing needs in the market. Kodak found itself with a great product, but they did not continue investing in it to make it evolve; they did not innovate as far as they should have. Today, innovation is a debt that no company wishing to be competitive should acquire.

Typology for Innovative Organizations

Open Innovation EU

To my opinion, Mintzberg’s work was a refreshing change to the world of organization design that until then has been largely influenced by Taylor’s Scientific Management Approach and Henry Ford’s efficiency-based adaptation of that. It enhances productivity.

R&D Management: Let's Reward Fraud, Not Punish It

Open Innovation

For the past month or so, I have been getting reminders of a new publication on open innovation in R&D Management. This month, it was perhaps the last hurrah of the discredited , fired ex-academic whose who will be remembered in innovation studies as the greatest fraud of the early 21st century. Nonetheless, the importance of outbound open innovation has been increasing along with a growing trend toward open innovation in general (Grönlund et al.,

Taking advantage of emergence for discovery

Paul Hobcraft

The new innovating world we face in the 21st Century. Her opening insight is in the twenty-first century we are all requiring more reliance on social technologies that are designed to allow the different technologies to emerge and be allowed to integrate, due to the diversity and diffusion of knowledge. The complexity today is being faced with any innovation challenge that spans the globe.

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

Innovation used to be something that would happen in a physical setting, be it in a workshop, a laboratory, research center, etc. Now, with the advent of innovation software, the process of ideation and collaboration mostly happens online. However, there are innate benefits to innovating “in the real world”, benefits which a digital interaction will never be able to fully replicate. Benefits of Online Innovation. Benefits of Offline Innovation. Innovation Hubs.

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

Innovation used to be something that would happen in a physical setting, be it in a workshop, a laboratory, research center, etc. Now, with the advent of innovation software, the process of ideation and collaboration mostly happens online. However, there are innate benefits to innovating “in the real world”, benefits which a digital interaction will never be able to fully replicate. Benefits of Online Innovation. Benefits of Offline Innovation. Innovation Hubs.

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

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. Once upon a time innovation was a technique practiced by lone inventors.

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

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. Once upon a time innovation was a technique practiced by lone inventors.