6 Processes for Generating Ideas for Radical Innovations–Design Thinking Series

Innovation Excellence

Product innovation teams that wish to create radically new products can use six processes to help them. Continue reading → Culture & Values Innovation Presentations Processes & Tools breakthrough Innovation Management Radical Management

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. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation.

Future-proof Your Innovation Management: Dual Innovation

Integrative Innovation

Most advocates of the Three Horizons model see it from a time (-to-impact) perspective or use it to classify different innovation types. Figure 1: Three Playing Fields of Innovation. . Three Playing Fields : The basis for modern innovation management.

Scaling Up Startups in Corporate Settings

Innovation Excellence

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating.

Four Models of Intrapreneurship Innovation

Innovation Excellence

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different.

Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

It seems within our boardrooms they are ill-equipped to managing in today’s world, grappling with the past, holding on, perhaps too tightly, to the present and certainly being unsure of the future. A lack of understanding innovation in all its forms is coming back to haunt them.

Innovation Is Not Mad Science, It’s Good Science

Innovation 360 Group

One of the most common misconceptions about innovators is that they, like artists of popular imagination, reach their ideas through lightning-strike inspiration. We have isolated eight characteristics of radical innovators who can consistently deliver profitable and growth-driving projects.

Get Out of the Building and Go Cross-Industry to Seek Radical Ideas

HYPE Innovation

Radical Innovation The Innovation ManagerWe all value those times when we can step away from our desk, from the computer or phone and step outside. Some do this because of a necessity of toping up the nicotine levels, others just simply to step away and freshen up.

Digital Transformation Combines Customer Experience and Operational Efficiency

Integrative Innovation

The adequate approach will depend on the company’s context, the industry environment, and the objectives executive management wants to achieve: Pathway 1 makes sense if the customer experience the company provides is around industry average and the threat of digital disruption is not high.

Are we playing snakes and ladders with innovation?

Paul Hobcraft

Originally from India the game is a simple race contest based on sheer luck and I am beginning to wonder if we are playing a new version of this with innovation? The game came to mind as I read through a recent survey on Innovation. Have you ever played snakes and ladders?

Survey 130

Four Models of Intrapreneurship Innovation

Integrative Innovation

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different. The producer model requires considerable capital and staffing and a direct line to top management.

Modern Dual Corporate Innovation Balances Defense with Offense

Integrative Innovation

Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact : Transforming the Core (by largely changing or even disrupting the existing operating model).

Venturing Activities in Corporate Innovation: Types, Features and Success Factors

Integrative Innovation

Corporate Venturing , i.e. corporate engagement in external and internal ventures, plays an evermore critical role in fueling the innovation engine of larger companies. Most of those activities have a non-incremental innovation focus in nature, commonly targeted at.

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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. Initiates the innovation process.

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. Initiates the innovation process.

Why Higher Education Needs Innovation Management

Qmarkets

This is just a short list of some of the greatest innovations that have been made within institutions of higher education. The change has also been manifested in business, where many companies are now using innovation software to collaborate, innovate, and improve processes.

Innovation is About Getting Beyond the Idea

Integrative Innovation

When companies launch innovation initiatives, they typically allot almost all of their time and energy to that initial 1 percent—the thrilling hunt for the breakthrough idea. The real innovation challenge, however, lies beyond the idea.

Scaling Up Startups in Corporate Settings

Integrative Innovation

outsourcing’ uncertainty, particularly in early phases of radical/disruptive innovation activities. However, startup engagement is also increasingly used for tapping into entirely new markets or technologies as well as spotting disruptive innovation opportunities.

Why Higher Education Needs Innovation Management

Qmarkets

This is just a short list of some of the greatest innovations that have been made within institutions of higher education. The change has also been manifested in business, where many companies are now using innovation software to collaborate, innovate, and improve processes.

Scaling-Up: The Foundation

Integrative Innovation

The – in the truest sense of words – ‘billion-dollar-question’ we are addressing is: How can companies generate more business impact from non-incremental innovation? Companies are working hard to future-proof their innovation management.

Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Managing the Sales pipeline is a well-developed executive skill in any company selling large ticket items to business customers. Some of the key actions in managing the pipeline include: Qualification questions have to be answered. Is there a customer need for each innovation?

Innovation and Organizational Culture

Integrative Innovation

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Distinct Approaches to Business Model Innovation

Integrative Innovation

Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone. Directions of impact for business model innovation. Reinventors do not need to be radical.

Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

The first part highlighted that radical and incremental innovation build on two different innovation set-ups (exploration and exploitation, respect. New research: ambidexterity well done is a key driver for innovation performance.

Innovation is Not Necessarily Disruptive

Game-Changer

So, last week’s post Innovation is the opposite of what we’re pretending the word means hit a nerve; as it should. Continuous small innovations matter as well. IlseTreurnicht @jorgebarba When most business people say innovation they mean Sustaining Innovation.

Is it REALLY disruptive? It matters.

Innovation Excellence

At the recent ISPIM conference, I sat in several presentations ostensibly describing approaches to disruptive innovation when, in reality, it was difficult to see what (a market or a company) was actually being disrupted. They were really talking about breakthrough or radical innovation.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit.

A Structured Cultural Approach Managing Uncertainty

Innovation 360 Group

Defining innovation. Economist Joseph Schumpeter famously defined the term as, “Innovation is creative destruction where entrepreneurs combine existing elements in new ways.” Many people view innovation as spontaneous, unorganized and unpredictable. Why do we innovate?

Evolution of Hyperloop: Propelling innovation the Elon Musk way

hackerearth

The aim was to understand how Musk makes these radical innovations possible and how exactly he propels innovation. In terms of the innovation matrix, the Hyperloop falls in the radical quadrant. Less than 10% of all innovation falls under this category.

The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond.

Survey 203

Innovation communications: the crucial importance of stories and shared language

The Future Shapers

Many years ago, when I managed the communications function for a leading digital innovation agency in London, we were engaged on a project for Sony. And nowhere is this lesson more important than in communicating about innovation. Building innovation culture with shared language. Many articles have been devoted to the importance of building a culture of innovation in your business, and there are a number of elements that can contribute.

The Case for Dual Innovation

Integrative Innovation

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond.

Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Innovation is the key to gaining and sustaining competitive advantage, especially in today’s fast-paced, tech-fueled business ecosystem. Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market.

Yellow Belt Grading – Stockholm

Innovation 360 Group

Provide tools, methods and best practices how to implement an Innovation Management System. Innovation Governance Models – How to align innovation with strategy. Innovation Process – How to translate creativity into value. Organizational Design – How to setup for a long-term innovation culture. Organizational Design Principles: Innovation Centres, Satellites, Integrated – Pro and Cons. Coaching for Radical Innovation.

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. Innovation can’t be tackled through broad-brush recipes or tools.

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