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Constructing the innovation mandate

Paul Hobcraft

We need to understand successful innovation actually touches all aspects of a business, by contributing to improving business processes, identifying new, often imaginative, ways to reduce costs, building out existing business models into new directions and value and discovering new ways and positioning into markets.

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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

It should articulate how innovation will contribute to achieving these objectives, and what specific goals and metrics will be used to measure the success of the innovation program. The innovation mandate should clearly define the value goals for the innovation program and how they will be measured and tracked over time.

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How to setup an ‘innovation team’

hackerearth

This special team needs to be strategic, tactical, agile and fast. To properly set the innovation strategy, the team must demonstrate deep understanding of the current state of your company, the challenges and business opportunities. Innovation can generate noise and become disruptive (not only to the market but also to the company).

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Organize to Prioritize Innovation

KindlingApp

When an organization decides to invest resources, time, and energy in an innovation program, management is making a calculated bet about their teams' ability to identify and solve problems to grow the business—but there's not always a concrete purpose or hurdle against which the innovation program is supposed to act.