Adopting a Rapid Digital Innovation Process

Paul Hobcraft

Often our innovation activities face the same dilemma. Innovation needs time, it needs evolution and resolution but also speeding up. The need for innovation results has sped up considerably. Designing the complete rapid innovation application process.

Digital technology is changing the innovation ‘game’

Paul Hobcraft

Digital technologies are beginning to have a real impact on the methods, approaches, and rates of our innovation outputs. Social technologies are giving us real-time understanding. Competition is changing, markets are blurring and customers are becoming far more vocal.

Digital Technology MoshPit

Gregg Fraley

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).

Moneyball for Innovation Part 2 (Innovation Process): A New Set of Metrics for Measuring Real Innovation

The Vault

In Part One , we recently talked about the need for an Innovation Measurement system and how it might be developed. Part Two outlines the Innovation Process part of the system, which describes the “necessary but not sufficient” things that you need to do in order to innovate.

Spigit's 2018 State of Crowdsourced Innovation Report

INNOVATION. REPORT Methodology Spigit’s 2018 State of Crowdsourced Innovation Report. innovation program for over three years, and 36 percent. innovation by looking at programs established for three. practice of crowdsourced innovation. strategically innovate?

Technology leads, innovation exploitation is lagging

Paul Hobcraft

There is a growing, perhaps even an overwhelming business case, for transforming the innovation management structure. The new combination is the new connections through people and things (IoT) that we can achieve a new innovation potential. The Need to Automate the Innovation Process.

Digital Factory of the Incumbent: Software of the Mind

InnovationManagement

Technological changes are one of the leading advocators to shape customer value. They are characterized by a process of social technological variations, rooted in different disciplines e.g., economics, sociology, and psychology.

“Business-ready” Big Data Insights: a new approach to data analytics

Innovation Excellence

This presentation from the Chief Innovation Officer Summit in NYC is focused on a new approach to data analytics that takes it out of the proverbial lab and makes it actionable for the boardroom.

Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Qmarkets

But perhaps above all, the scouting team's mission is to evaluate whether the direction of the potential company or technology to be bought matches with the strategy of the acquiring company. There are many different types of innovation.

Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Qmarkets

But perhaps above all, the scouting team's mission is to evaluate whether the direction of the potential company or technology to be bought matches with the strategy of the acquiring company. There are many different types of innovation.

Fostering Innovation with Technological Solutions – Part 2

Wazoku

The Apollo program has been called the greatest technological achievement in human history. Apollo stimulated many areas of technology, leading to over 1,800 spinoff products as of 2015. Innovation and Idea management platforms.

6 Keys to Making Collaborative Innovation Successful

Speaker: Soren Kaplan, Founder of InnovationPoint

Chapter 1 So You Want to Be a Disruptive Innovator? Chapter 3 Be Intentional with Your Innovation Intent.25 Chapter 8 assess Your Innovation Culture.97 Products, services, technologies, and even. Even fewer focus on the specific levers that directly influence innovation.

Speed-to-Market vs Market Readiness

Business Innovation Design

When it comes to launching new products and services in the market, especially in the new market with disruptive innovation, the same mindset is applied - get to market as soon as possible, and perhaps be the first in the market. Usually, a barrage of new companies follow suit to enter the same market offering similar value propositions - all in pursuit of capturing the market share and mind share. Move fast, break things.

Idea Drop listed in Gartner Innovation Management Tools Market Guide

Idea Drop

According to Gartner, “The major benefits associated with innovation management tools are stimulating engagement and participation in user-friendly, social and mobile environments (such as through gamification techniques), and directing creativity toward business needs.

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Marketers must reclaim the word ‘innovation’ before it dies – Marketing Week

Wazoku

Innovation has become an overused buzzword, according to marketers, but what can brands do to reclaim the term and showcase true innovative ideas and ways of doing business before the word becomes redundant? Innovation is everywhere. Innovation does not equal technology.

The Innovation 'Function'

Imaginatik

Innovation” is often discussed in terms of the “idea” as the product and the formation of that idea as somehow unique and ineffable …. In that vision of the “innovation funnel” the idea is at the end… the goal. Any organization can be innovative.

ITONICS as Product Challenger in the Market Segment “Accelerated Innovation”

ITONICS

The market segment focuses on the holistic approach and integration of interdisciplinary innovation management and processes in companies. The post ITONICS as Product Challenger in the Market Segment “Accelerated Innovation” appeared first on.

Measuring Innovation Performance

Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. Innovation-active ?rms Along with balancing the innovation. aside as innovation spend. Innovation is di?cult to market.

Valuing digitization alongside innovation

The Future Shapers

Much of our innovation work today is caught up in out-of-date information, poor and inadequate data, restricted research and limited market understanding. It has become necessary to digitize our innovation activities fully. These all rely on connected technology.

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Entrepreneurship or intrapreneurship? What do you think?

The Future Shapers

The only thing that large companies don’t seem to be able to crack are the ideas that startup come up with and the initial market sensing. If you are looking for models on how to manage innovation, I would strongly recommend “ Zone to win “. Innovation and design.

Transform Your Organization with Process Innovation

IdeaScale

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.

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Do You Know What Open Innovation Is?

IdeaScale

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.”.

11 Proven Ways to Turn Your Culture into a Culture of Innovation

a Culture of Innovation 2 // 19Spigit: 11 Proven Ways to Turn Your Existing Culture Into a Culture of Innovation 1 2 94% of senior executives in a research study by McKinsey said. innovation. innovation to build a culture of. innovation. sustainable innovation and.

The Potential of Qualitative Research in B2B

Gregg Fraley

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.

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35 Ways to Use Idea Management Software to Drive Business Results

The Future Shapers

Process improvement. Every organization has plenty of business processes. These processes were all created for a reason but very few of them are perfect. Just like processes, no product is ever perfect. Identifying new geographic markets to enter.

5 Simple Steps for Finding the Right Business Idea

The Future Shapers

In the last five years that we’ve ran Viima, we’ve helped a good number of organizations better manage their ideas and turn them into innovations, which has taught me quite a bit about working with ideas. Thus, working on an innovation management software service is quite a natural fit for me.

Bring Markets Into Perfect Focus by Defining Them Around the Customer’s Job-To-Be-Done

Strategyn

Companies often define the markets they serve around the technology in their product offerings… a technology that one day will become obsolete. They spiraled to their death when MP3 technology came along. Define your markets around the customer’s job-to-be-done.

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. All in all, if applied carefully it can provide you with a leading edge of innovation knowledge and insight. 6) it can create breakthrough innovation.

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. All in all, if applied carefully it can provide you a leading edge of innovation knowledge and insight. 6) it can create breakthrough 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. Building new innovative collaborations. The evolving innovation lab.

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Product Managers Are Obsolete; Focus on the Job-to-be-Done

Strategyn

The product manager role is anchored in the product–which in our opinion contributes to a myopic view of the market. Since a primary function of the company is innovation, this key role should have a broader orientation than just the company’s products (see our prior article on this). This role should take on a market perspective that fosters new thinking, discovery and development that extends well beyond today’s products. Institutionalize Market Knowledge.

The Perfect Conditions for Entering A New Innovation Era in 2017

Paul Hobcraft

So if there was ever a time to clear the existing innovation agenda and rework the entire space for innovating, it is about to become the pressing reality as we enter into 2017. Any renewing needs innovation to become more central but it will be different.

Innovation cannot expand without the 4th Industrial Revolution

Paul Hobcraft

To do this, technology adoption and diffusion across the ecosystem needs to improve dramatically. It is equally holding a new form of innovation back, one that is highly collaborative where partners come together to work on more complex problems.

One Size Doesn’t Fit All Innovation

Integrative Innovation

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. In fact, the real power lies in combining different innovation approaches to fit a unique context.

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Connecting Innovation is the New Order of Play

Paul Hobcraft

There is a lot of change occurring in our innovation abilities. We are seeing profound shifts that technology and digital transformation are bringing us to deliver innovate differently. What is radically changing how we innovate?

The Collaborative Economy and ODI

Strategyn

Airbnb and Uber fundamentally improve consumers’ access in their markets by selling outcomes. And while the clever use of app technology democratizes the experience, it is not the secret sauce. Markets reward highly satisfied outcomes.

Jumping to a fresh cycle of innovation design

Paul Hobcraft

I have argued in the past that innovation management needs to radically adjust and needs to be designed differently, it needs to be highly adaptive. The need to have a new cycle of innovative design. We go and simply ‘grab them’ to fit the innovation we are working upon.

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A New Integrated Innovation Engagement System

Paul Hobcraft

I have written extensively, certainly over the past eighteen months, about our need to take innovation into a new era, designed for today and tomorrow’s “fit for purpose” Below you will see my view of how I see this sketched out, as my suggested concept outline.

Five Things You Should Measure about Your Innovation System

The Inovo Group

Innovation measurement is difficult because the future is inherently uncertain. To address this inherent uncertainty, it is useful to have a framework and model of the innovation system which defines the structural and operational components of the system as well as operational outcomes.

Nine Questions CEO’s Should Ask About Innovation

Gregg Fraley

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 added my punchline, “because if you’re not doing projects you’re not doing innovation.”

Creating the Industrial Ecosystem

Paul Hobcraft

A couple of weeks ago I was invited to the Siemens Innovation Day. The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. Innovation expertise is as specialized as engineering for example.

Innovation System Thinking on a Sunday! What, no roast or glass of wine? Later.

Paul Hobcraft

Mine is usually a mix of exploring and researching around innovation in the morning, a couple of hours at the gym, a walk to finish off and then a mixture of enjoying a nice home-cooked meal and a relaxing evening. We must think differently and that might mean whole innovation system thinking.

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Desirability, Feasibility, Viability: The Sweet Spot for Innovation

Inceodia

The ideal innovation process is the trifecta of desirability, feasibility and viability. So, lets delve into the elements of the framework of this innovation process. Desirability tests whether your innovation is solving the right customer problem. As an example, let’s look at two emerging markets, car sharing and electric cars. Feasibility tests whether your innovation strengthens your business.

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