What Product Managers & Innovators Should Know About Agile Strategy [podcast]

Innovation Excellence

He is also the co-author of The Institute Way: Simplify Strategic Planning and Management with the Balanced Scorecard. Book Review Innovation Interviews Leadership People & Skills Processes & Tools Video Product Innovation agile Innovation Management Product Management product managersDan Montgomery is a practitioner of Strategic Agility and shares his simple and practical tools in this interview.

Agile 60

Effective Digital Managers Build Ecosystems for Innovation

IdeaScale

Speed-to-market is a primary driver for innovation.?. Hill talked to the Harvard Business School publication Working Knowledge about embracing the digital transformation and creating an innovation management strategy based on “ecosystems” of innovation. When leaders make the effort of aligning interests and cultivating collaborations both inside and outside the organization, they can meet business challenges while working from a strong innovation strategy.

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Why you need extreme constraints to fuel innovation

hackerearth

In this video, watch Bhamla and Prakash build a hand-powered centrifuge for 20 cents! Amazing, cost-effective and extremely useful innovations come out from this frugal science advocate’s lab. Never having gotten near bankruptcy like other airline majors, Southwest Airlines with its nonconformist culture has remained profitable for close to 50 years using focused innovations. Innovation is more about thinking than about product or process innovation.

Video 40

Common IdeaScale Use Cases

IdeaScale

Others will use it for sustainability ideation, employee quality of life, business model innovation, social change, and more, but these were some of the key use cases that IdeaScale sees over and over again. Product Innovation : Georgetown University talked about how student and staff ideas have been used to spur new projects at the University. To learn more about the problems that are being solved by IdeaScale customers, watch this video.

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.

Reap a Competitive Advantage with Effective Business Model Innovation

IdeaScale

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate. In other words, business model innovation can be disruptive, toppling long-held beliefs about how customers get what they want. Besides, every town had a Blockbuster Video.

Capabilities and Leadership Close the Skills Gap in Manufacturing

Innovation 360 Group

When it comes to innovation, building capabilities and applying the right leadership style give top performing manufacturers the edge over skills-focused peers. As the manufacturing sector speeds into a world of futuristic tech and disruptive business models, creativity and innovation are becoming critical skills for figuring out how to unlock value strategically. Figure 1: Innovation tops the list (Source: World Economic Forum).