Jeffrey Phillips
AUGUST 26, 2021
I've been writing, speaking and consulting about innovation for over 15 years, and I'm constantly amazed by the different perspectives and definitions about innovation. Innovation theater happens when companies and executive talk up innovation but fail to do anything.
Wellspring
AUGUST 23, 2021
Oftentimes in large organizations and F500 companies, innovation and R&D are treated like a shared service, with the majority of initiatives originating from outside the function. Other business units and product lines, inspired after an ideation session or hackathon, come to the innovation team with an idea to explore. This engagement and collaboration allows the innovation function to stay close to strategic initiatives and high-level, vital projects.
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Paul Hobcraft
JULY 30, 2020
It seems so simple doesn’t it – “bringing final ideas to market”. Here in Europe, it is often suggested that “Europe is the cradle of creativity”, perhaps but I think the United States is “the crucible of innovation”, it forges ideas and takes them to market far better.
Gregg Fraley
JANUARY 23, 2015
Outsourcing innovation project management might be the most strategic money you spend this year. But first: If you’ve not got an innovation plan in the process of being executed, right now, you are treading water and will eventually drown. So what’s stopping you from kicking off an innovation initiative? What I hear from top management: “we don’t have the time or resources for innovation projects, we’ll start later this year.”
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Gregg Fraley
AUGUST 30, 2016
Projects, Projects, Projects. Innovation is complex and difficult — but one thing about it is not. What’s quite simple about innovation is that projects are what make innovation real. are Not Innovation. Unless they are in the context of an actual project. Thinking about things is not innovation. Having beers and kicking ideas around are not innovation. Brainstorming sessions are not innovation.
Open Innovation
DECEMBER 14, 2022
It’s an open innovation test bed (OITB) for nano-enabled, biobased materials derived from renewable resources. The aim of each project is to establish a collaborative network of partners from industry and academia, research, and business experts. The BIOMAC project is taking its first steps into the market by way of an open call for applications. The Goingpublic.de
Innovation in Practice
DECEMBER 7, 2015
Delivery via drones, real-time data insight into your operations, transformation of your business models— what will 2016 bring for your innovation practice? For innovators working within the confines of large enterprises, the possibilities for transformation, especially with mobile and digital products, are endless. It’s the execution and refinement of the initial idea that dooms the project. A Strategy Framework to Drive Innovation-- and ROI-- at Large Enterprises.
Qmarkets
JULY 8, 2017
There are many different types of innovation. Some are internal ( involving employees , incremental innovation , etc.), and some are external ( involving customers , open innovation , etc.). Another successful approach to generate and implement innovation is to search for ideas that are at a much later stage in their development – ideas which have evolved into technologies, products, strategies and even companies.
Qmarkets
APRIL 24, 2017
There are many different types of innovation. Some are internal ( involving employees , incremental innovation , etc.), and some are external ( involving customers , open innovation , etc.). Another successful approach to generate and implement innovation is to search for ideas that are at a much later stage in their development – ideas which have evolved into technologies, products, strategies and even companies.
Imaginatik
SEPTEMBER 11, 2015
“Innovation” is often discussed in terms of the “idea” as the product and the formation of that idea as somehow unique and ineffable …. There is a perception of serendipitous, Zen enlightenment related to ideation that is often accompanied by a thorough dismissal of “process,” as if they are mutually exclusive. In that vision of the “innovation funnel” the idea is at the end… the goal. Neither process, nor technology alone holds the key to sustainable innovation success.
Moves the Needle
JANUARY 8, 2019
How The National Council of Architectural Registration Boards Used Lean Innovation to Create New Value for Their Customers Take this Case Study with you! The organization reached out to Moves the Needle to expose more of its staff and leadership to an efficient way to develop new ideas using Lean Innovation techniques , and also to identify whether the organization would support this new way of working. The teams were managed via spreadsheets, making the process fairly painful.
IdeaScale
APRIL 19, 2017
In case you hadn’t heard, open innovation was defined by Henry Chesbrough as “a paradigm that assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology.”. It means that the process of innovation and competitiveness has been democratized. No company can corner the market on great ideas, because they can come from anywhere.
Paul Hobcraft
AUGUST 4, 2017
So, the marketing of Design Thinking kicks in, looking to capitalize and add a real momentum. It quickly became simply sold as a process, just like Six Sigma, it became limited by those jumping on the latest concept not being true design thinkers, apart from attending a short course or two. It suddenly gets broken down so it can be repeatable, a step-by-step process. Then we get the “let’s systematize this” into a familiar , easy to use and follow process.
Qmarkets
JULY 22, 2021
Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. Submission Arguably the submission phase is the most important step of the process.
Gregg Fraley
SEPTEMBER 21, 2017
The Innovation Imperative… growing innovation culture and capacity. If you want an organization to survive, you must innovate. But innovation is more than survival, it’s the heart beat of an organization. Staying in business means reinventing as markets shift. In this inspirational speech Gregg Fraley answers the Why Innovation question, and informs as to what innovation means to you and your group.
Corporate Innovation
JULY 26, 2016
Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.
Corporate Innovation
JULY 26, 2016
Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.
Gregg Fraley
AUGUST 1, 2018
New Service Offering for Digital Technology Innovation. Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation). It’s designed to uncover unlikely, but useful, combinations of technologies, products, services, trends, and insights that lead to breakthrough innovation.
Gregg Fraley
FEBRUARY 6, 2019
Qualitative Studies Leads to Insights, and Innovative Results. Qualitative research is an effective way to understand your market better. It’s an integral part of their innovation process. It’s the perfect start to an innovation process. They’re missing the boat — qualitative is arguably more effective in B2B markets. People ask “how can you infer what just a few people said to the broader market?”
IdeaScale
MARCH 27, 2019
Process innovation is perhaps the “classic” form of innovation. Finding a better way of accomplishing necessary business tasks is low-risk, can lead to other types of innovations, and helps companies maintain and sharpen their competitive edge. Processes must evolve with changes in markets and technologies. Process innovation ensures that it does so effectively. Ideally, process innovation should be built into the company DNA.
Gregg Fraley
AUGUST 22, 2018
Training Accelerates Innovation. 94% of managers are unsatisfied with their companies innovation performance. 70% of CEO’s see innovation as a key driver of growth. Why then is corporate America so woefully undertrained in innovation fundamentals? Energy is Not Enough, Get Training in Innovation . When I step into a room to facilitate a strategy, innovation, or idea generation session I usually find a great deal of energy.
Qmarkets
DECEMBER 4, 2019
These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services. To counter the threat of disruption, financial organizations must innovate in order to stay ahead of the competition.
Gregg Fraley
APRIL 26, 2016
Getting a Mandate to Innovate is Key. Larger companies typically have an innovation process in place. They don’t always work, but the majority of the Fortune 1000 has some kind of innovation process or system. There is an implied consent then, to innovate, at those organizations. At smaller companies, the Mis-Fortune 5000 as I sometimes jest, there is often not a process in place. Nearly any process is better than no process.
Gregg Fraley
SEPTEMBER 16, 2017
Nine Questions CEO’s Should Ask About Innovation. He’d asked me what I did and when I told him I was an innovation consultant, his eyebrows raised. I replied “you need to be thinking about project cycles and measures.” I added my punchline, “because if you’re not doing projects you’re not doing innovation.” My “projects” reply is a cocktail party answer. Are people empowered to innovate?
Innovation 360 Group
MAY 18, 2020
A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. The fastest growing companies interpret innovation through multiple lenses. When investing in the stock market you need to consider each stock’s volatility.
Corporate Innovation
JULY 26, 2016
Professor Ikhlaq Sidhu and I recently started talking about how the interest of corporations in the innovations created by startups is leading to changes in corporate R&D models, an area he has been studying for some time. This is the first of what we hope to be a series on posts on how startup innovation is impacting corporate R&D models. The World of Innovation Has Changed. A great deal has changed in corporate innovation since the days of Bell Labs and Xerox PARC.
Paul Hobcraft
AUGUST 1, 2016
Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. Crowdsourcing does have both the potential to point towards disrupting possibilities, extends the concept of open innovation into a wider source of participation from a diverse community not possible to reach by other means as effectively. All in all, if applied carefully it can provide you with a leading edge of innovation knowledge and insight.
Paul Hobcraft
AUGUST 1, 2016
Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. Crowdsourcing does have both the potential to point towards disrupting possibilities, extends the concept of open innovation into a wider source of participation from a diverse community not possible to reach by other means as effectively. All in all, if applied carefully it can provide you a leading edge of innovation knowledge and insight.
Innovation 360 Group
OCTOBER 10, 2019
It turns out many of the findings are possible to adopt for innovation efforts across your company. In a recent article in HBR, Simone Bhan Ahuja summarizes his experiences with corporate innovation labs: [link]. First a short TLDR of Simones article: Up to 90% of innovation labs fail to deliver on their promise ( up to 90%, one expert says ). Pitfalls for innovation labs according to Simone: Lack of alignment with the business.
Integrative Innovation
JANUARY 7, 2015
Yesterday, I was quite delighted to see my post Integrating Lean Startup and Design Thinking ranked #11 of the Top 100 Innovation Posts 2014 at Innovation Excellence. My conclusion: many of us are aware that innovation tools, even up-to-date ones, have a limited scope and that they can benefit from being complemented with other approaches. In fact, the real power lies in combining different innovation approaches to fit a unique context.
Planview
JULY 15, 2022
The information collected in these Q&As will act as valuable assets for anyone wanting to make clear the real need for more adaptive product development and to show that an accelerated process is still highly possible, even in the face of consistent disruptions.
Robert Brands
AUGUST 30, 2016
Exploring Google’s Successful New Product Development and Innovation Process. Google is widely considered, by both the general public and business experts, to be one of the most innovative companies in the world. So how does Google promote a culture of innovation and ensure that innovative ideas are properly implemented, creating profitable new products that position the company for long-term success? Innovation comes from anywhere.
New Markets Advisors
APRIL 20, 2018
I hear it far too often: innovation should be part of everyone’s job. To that point, when I searched “innovation isn’t everyone’s job,” Google returned only four results. All of them directed to the same article, which made the point that while innovation isn’t everyone’s job, it should be. But in the same way that I don’t want just anyone fixing my plumbing or representing me in court, I don’t want just anyone being responsible for innovation.
Gregg Fraley
SEPTEMBER 28, 2018
Innovation is Learning. For many years I kept the concepts of innovation and learning in separate boxes. I thought innovation was creating new things of value, and, learning was understanding new things. I now believe that learning and innovation are joined at the hip. You can’t innovate without an exploratory learning process. Domain Knowledge is an Innovation Pre-requisite. Knowledge Across Many Domains Is An Innovation Accelerator.
Paul Hobcraft
JANUARY 28, 2023
Where will Innovation Management Software go? This morning I decided to have a chat on ChatGPT on the future of Innovation Management Software, I asked a number of questions in a short series and can well-relate to the answers provided incredibly quickly.
Idea to Value
JANUARY 26, 2022
If you work in a company, and want to develop a new innovation, at some point you are going to meet resistance. While some antibodies will just voice their disagreement with an innovation project, they will not have the ability to stop the project.
Idea to Value
JANUARY 7, 2022
Where should innovation resources actually exist in an organisation? It might seem like a straightforward question, but it is fundamental to whether a company will end up succeeding at innovation or failing. After all, if innovation is so important, should it not get its own department?
Gregg Fraley
MAY 9, 2017
Innovation Programs Based On Best Practices are Doomed to Mediocrity. Things I’ve heard recently from c-suite executives about their own innovation programs: “Floundering and ineffective, if I’m honest.” ” These are the words I’ve heard innovation directors and c-suite executives use to describe their own innovation programs. This post is to make a simple point about innovation.
Qmarkets
JULY 20, 2022
“For good ideas and true innovation, you need human interaction, conflict, argument, debate.” Margaret Heffernan – Entrepreneur, CEO and writer Few would disagree with the notion that innovation is driven by the sharing of good ideas. What is Open Innovation?
Paul Hobcraft
JANUARY 24, 2023
It was from a white paper “ Accelerating Sustainable Energy Innovation , released in May 2018 and prepared in collaboration with KPMG. We are not investing in a greater and more robust innovation system of capabilities, capacities and competencies from discovery to implementation.
IdeaScale
DECEMBER 17, 2019
Innovation is about teamwork at Spotless. asks Bridie Scott, Innovation Manager at Spotless. A repeatable innovation process is a key driver for its business. “I However, she explains, it’s all about the process. This, of course, is where the process starts.
Leapfrogging
JUNE 29, 2019
What is the Agile Innovation Process, and what are best practices, tools and online templates for teams and organizations? This process can be transformative to businesses across various industries, especially in the realm of software development and manufacturing. Still, when it comes to truly tapping into the potential of the agile process, you must look to innovation teams for inspiration. What internal business processes do we need to implement a change?
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