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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. 20% of their innovation resources on adjacent innovations, to expand offerings and attract new customers.

Project 284
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6 Building Blocks for Innovation Department Success

IdeaScale

Nearly 80 percent of executives surveyed by The Boston Consulting Group’s tenth global survey on innovation considered innovation to be either the most important priority at their company or in the top three. They’re already overloaded and adding “innovate” to their task load may not get a good reaction.

Survey 198
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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services.

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Innovation Management: Importance, Ideas, and Examples

Acuvate

In less than a decade, innovation management got recognized as one of the most powerful strategies an organization can use to streamline internal processes and boost their business productivity. What is innovation management? Importance of innovation management.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Those not involved directly within the innovation project constantly remain skeptical or require more proof. The article was “ Innovation Should Be a Top Priority for Boards. ” The survey was conducted asking over 5,000 board members from around the world asking “do they do enough to support innovation?”.

Report 212
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10 Ways to Maximize Your Innovation Potential with ChatGPT

PlanBox Innovation

As an innovation manager, you’re tasked with the challenging responsibility of leading the development and implementation of new ideas, products, and initiatives that will drive growth and competitiveness for your company. Note: This article was created with the support of ChatGPT.

ChatGPT 84
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Spigit Recognized as a Leader in Innovation Management in New Report

Planview

Innovation management software is quickly becoming a go-to solution for companies in all industries who want to transform their businesses and stay competitive for years to come. We’ve seen this trend pick up steam as the number of companies leveraging innovation management continues to grow. What does this mean?

Report 40