How to look beyond product innovation in medium enterprises

Exago

One of the most common myths when leading idea management in medium enterprises is that you should strongly focus efforts on product innovation, as the ultimate goal is to have the next big thing.

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. I have argued we do need to change the way we undertake innovation and its development.

Five Product Innovations that Evolved Over Time

IdeaScale

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. To illustrate how this can happen, it’s helpful to look at innovations that evolved over time.

We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. Secondly, if open innovation has gone way beyond a one to many relationships into a many to many then does the reliance on single entity software provision makes sense?

Data From 3.5 Million Employees Shows How Innovation Really Works

INNOVATION Data From 3.5 Million Employees Shows How Innovation Really Works by Dylan Minor, Paul Brook, and Josh Bernoff OCTOBER 09, 2017 UPDATED OCTOBER 09, 2017 JUAN DÍAZ-FAES FOR HBR Sales and marketing were once disciplines ruled by emotions. ectively engaged in innovation.

The 7 stages of NPD and how to effectively manage product innovation

Exago

The process of developing a new product - whether it is a tangible, physical good or intangible, like a service, experience or belief - requires a systematic method to launch and commercialise it.

Leading and Managing Product Innovation Teams [interview]

Innovation Excellence

What I didn’t expect was the reflective advice it would provide on leadership and management, Innovation Interviews Leadership Management Product Innovation R&D Conflict Management Innovation Management Innovation Teams Interview ip New Product Development (NPD) Podcast

ISPIM Grand Prize 2016 – Recognising Excellence in Innovation Management

Innovation Excellence

ISPIM Grand Prize 2016 is looking for cases that significantly advance the practice of innovation management in proven application, not theory. The advance should be in how innovation is managed, we are not seeking proposals that describe the actual end output, the what.

Recognizing Excellence in Innovation Management: ISPIM Grand Prize 2017

Innovation Excellence

ISPIM, the International Society for Professional Innovation Management, is delighted to announce the launch of the ISPIM Grand Prize 2017, for Excellence in Innovation 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.

Rebuild Personas According to Your Next Product Innovation

InnovationManagement

In this article, Product Innovation Manager Alex Igor Sanghikian discusses the Adjacent Possibilities framework for product management. Using personas in your design thinking framework is important, but are the results satisfying and clear?

Innovation Roadmaps: What Are They Good For, Anyway?

Innovation Excellence

At the heart, product roadmaps show the major milestones of a project’s lifecycle. Maintaining Product Roadmaps is a useful discipline in just about any organization that has more than one product. But aside from capturing product timelines, what good are they? Innovation Management Product Innovation R&D Strategy Product Development Product Roadmap product strategy

Separate Innovation from Entrepreneurship!

Innovation Excellence

The words innovation and entrepreneurship became synonymous in our language, and the place we see this the most is in universities and business schools. Why is being an innovator means I have to launch a startup company? Can’t I be an innovator in a mature company?

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)?

Using Product Development Metrics That Motivate at the Team Level

Innovation Excellence

The two most common product development metrics are R&D spending as a percent of sales and revenues from new products over time. There’s no linear relationship between R&D spending and new product success.

Measuring Innovation, Part 3/3: The Growth Innovation Index (GII)

Innovation Excellence

This article is the third and final in a series of 3 articles discussing measuring product innovation.

Marketing and Innovation are Inseparable

Innovation Excellence

So, how does your Marketing serve your innovation? Build Capability Consumer Innovation Innovation Leadership Management marketing Product Innovation R&D Sales Strategy Technology Creativity Customers Disruptive Innovation Innovation Management technology

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)?

Measuring Innovation, Part 2/3: The Criteria for a Good Innovation Index

Innovation Excellence

This article is the second in a series of three articles discussing measuring product innovation.

Getting to the Root Cause of Project Headaches

Innovation Excellence

Scenario: a product development team at a medical device company had a testing phase that ran far longer than expected. collaboration Design Innovation Management Product Innovation R&D root cause analysis Root causes

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.

What Innovation Is and Isn’t

Innovation Excellence

Are you confused about what innovation really is? So in an attempt to get a few things off my chest…… Continue reading → Creativity Innovation Intellectual Property Product Innovation Strategy Technology Innovation Management Innovation Mindset innovative thinking Management

Is Your Innovation Pipeline Full of Junk Food?

Innovation Excellence

Continue reading → Customers Growth Innovation Product Innovation Strategy Innovation Management Innovation Pipeline innovative thinking Insights Leadership Management marketing research

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Three Keys To Meeting The Challenge of Multi-Platform Product Development

Innovation Excellence

Each platform has its own development team, its own Program Manager and its own Project Manager. collaboration culture Customers Design Innovation Management Product Innovation R&D agile Cross Functional Alignment Cross Platforms Development Teams

Empowering Teams Through Metrics at Apple

Innovation Excellence

Apple is an iconic brand noted for disruptive innovation. In the heat of the digital revolution that it helped spark, Apple’s products became a portfolio of increasingly complex and diverse offerings. Apple Disruption Innovation Management Product Innovation R&D

IP Protection Issues for Innovators & Product Managers

Innovation Excellence

Innovators and product managers need to know the basics of what IP is and when it should be considered in the development lifecycle.

Innovation and Intrepreneurship at SMEs: T3LGROUP France

Innovation Excellence

Nicolas Bry interviews Benjamin Ott, a young innovator working at T3LGroup, a French SME with a long tradition of developing new manufacturing processes, and product applications for office products, and shopfitting equipment.

Myth Busted: Does Creativity Need Resources?

Innovation Excellence

Continue reading → Build Capability Creativity Finance Innovation Innovation Perspectives People & Skills Product Innovation R&D Research Strategy Disruptive Innovation ideas Innovation Management

Does the new need to be new?

Innovation Excellence

Does every innovation need new technology, or a new manufacturing process, or a new patent? Apple Consumer Innovation Creativity Customers Innovation Management Open Innovation Product Innovation R&D Strategy Innovation Management Process

Innovation and Introduction to TRIZ Theory for New Product Development Process

Innovation Excellence

Continue reading → Build Capability Innovation Innovation Perspectives Processes & Tools Product Innovation Uncategorized Business Models Innovation Management Innovation Mindset innovative thinking Leadership new product development NPD TRIZ

Should innovators trust their intuition more?

Innovation Excellence

A quick Google search churns up endless articles and blogs extolling the virtues of using instinct, intuition and gut feel for making better business decisions and being more innovative. Consumer Innovation Experience Innovation Innovation Product Innovation Disruptive Innovation ideas Innovation Management Innovation Mindset innovative thinking Insights

Innovate like a startup or like big business?

Innovation Excellence

Startups are king when it comes to innovation. Innovation Open Innovation Product Innovation collaboration Innovation Management Product Management StartupIndeed, established companies often strive to behave more like startups.

Innovation Decision Makers – the genius or the customer?

Innovation Excellence

He transformed his industry through innovation, making the right call at the right time for the right technology in the right product. Consumer Innovation culture Customers Governance Innovation Leadership Management Product Innovation Innovation Management InsightsSteve Jobs was a genius. Famously, he avoided asking customers what they wanted, because they wouldn’t understand it and it would waste time. Steve Jobs was rare.

Product Portfolio Management: How to avoid mistakes [podcast]

Innovation Excellence

The move from managing a single product to managing several products throughout their lifecycle is challenging to navigate. It involves moving from product management to product management + portfolio management.

Creating products customers want with Innovation Wars

Innovation Excellence

How can product managers help their organizations innovate in a way that will appeal to customers? To find out, I discussed the topic with the author of Innovation Wars: Driving Successful Corporate Innovation Programs.

The Science of Success for Product Managers and Innovators [podcast]

Innovation Excellence

Book Review Build Capability Management People & Skills Processes & Tools Product Innovation Science Innovation Management Product Management product managers success

Chasms, Criteria… and Innovation

Innovation Excellence

It describes companies who can innovate in the current business at the same time as creating new business options for the future. Build Capability culture Disruption Finance Innovation Leadership Management Open Innovation Product Innovation R&D Strategy Business Models collaboration Disruptive Innovation growth Innovation Management organizationThe concept of the ambidextrous organization is gaining traction.

Using Agile Product Portfolio Management

Innovation Excellence

Product managers and organizational leaders turn to portfolio management after they have two or more products to simultaneously manage.

Agile 85

What Product Managers & Innovators Should Know About Agile Strategy [podcast]

Innovation Excellence

He is also the co-author of The Institute Way: Simplify Strategic Planning and Management with the Balanced Scorecard. Book Review Innovation Interviews Leadership People & Skills Processes & Tools Video Product Innovation agile Innovation Management Product Management product managersDan Montgomery is a practitioner of Strategic Agility and shares his simple and practical tools in this interview.

Agile 52

Conjoint Analysis for Product Managers and Innovators

Innovation Excellence

To explore the topic and walk through an example of using Conjoint Analysis, I tracked down the market research tool master Brian Ottum, who has 30 years experience in new product development. What’s in your toolbox for conducting consumer and market research?

Trend-driven Innovation for Product Managers

Innovation Excellence

Smart product managers study trends and innovate accordingly. This is trend-driven innovation. Uber’s success is an excellent example of trend-driven innovation. It made transportation more convenient and also made earning money easier for drivers.

Storytelling for Product Management and Innovation

Innovation Excellence

He is the CEO and founder of Get Storied, which serves leaders, innovators, and trailblazers who have a world-changing agenda. Innovation Product Innovation influence Innovation Management Product Management product managers storytelling