Exago

OCTOBER 26, 2018

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. The post How to look beyond product innovation in medium enterprises appeared first on Exago.

Product Innovation 154

Product Innovation How To Idea Management Innovation 154

helloFUTURE

OCTOBER 1, 2023

In the rapidly evolving landscape of product innovation, two guiding forces emerge: intuition and data. Yet, the most successful innovators understand that it’s not a matter of… At first glance, these might appear contradictory.

Product Innovation 52

Product Innovation Data Innovation Disruption 52

Sopheon

MARCH 29, 2023

Here’s why: A product without a problem isn’t product innovation. A cool idea, perhaps, but not a product. Before the conversation goes a sentence further, I’ll ask, “What problem are you trying to solve?” If their response is silence or a puzzled look, the discussion’s over.

Product Innovation 89

Product Innovation How To Meeting Innovation 89

Paul Hobcraft

OCTOBER 11, 2018

The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms available today.

Product Innovation 221

Product Innovation Underperforming Technical Team Software Review System 221

IdeaScale

FEBRUARY 7, 2019

One of the many problems with the “lone genius in the garage” view of innovation is that too often, the C-suite is stylized as the people who say “no” to a brilliant idea, only to regret it later. Innovation is really a team effort, and the c-suite is a valuable part of that team. A little outside-the-box thinking goes a long way.

Product Innovation 127

Product Innovation Innovation Strategy Strategy 127

IdeaScale

JANUARY 31, 2017

The product innovations that generate the most excitement and public interest are the disruptive innovations. However, these innovations aren’t that common. The most successful, innovative companies strike a balance between core, adjacent, and transformational initiatives.

Product Innovation 100

Product Innovation Innovation Technical Review Disruption 100

IdeaScale

JANUARY 23, 2019

Innovation is often presented as a mighty struggle between a lone inventor and a seemingly intractable problem. While this does occasionally happen, more often than not any great innovation is the result of people drawing from those around them for ideas and inspiration. The lone innovator can sometimes be useful.

Product Innovation 113

Product Innovation Examples Crowdsourcing Innovation 113

Exago

MAY 15, 2019

The post The 7 stages of NPD and how to effectively manage product innovation appeared first on Exago. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.

Product Innovation 127

Product Innovation Management How To Idea Management 127

Viima

JUNE 16, 2021

People talk about product innovation every day without even realizing it. Whether they refer to their smartwatch and its latest features, the top performing cars or the latest app that helps them unwind, they bring up product innovation. But what makes these products innovative – and why are 95 of new products failing ?

Product Innovation 66

Product Innovation How To Innovation Marketing 66

helloFUTURE

APRIL 17, 2022

In short, the theory suggests that all conflict is based on envy – you can think about it as an expanded “keeping up with the Jones” – all of our drives and… The post How To Leverage Mimetic Theory For Product Innovation appeared first on IDEATE + EXECUTE.

Product Innovation 52

Product Innovation How To Ideation Innovation 52

IdeaScale

OCTOBER 30, 2019

Social media can connect you to innovators of all stripes. That creates a truly powerful resource of creativity on which to draw for your innovation strategy. Here’s how, and when, to use social media as part of your innovation strategy. Here’s how, and when, to use social media as part of your innovation strategy.

Product Innovation 100

Product Innovation Strategy Strategy Groups 100

InnovationManagement

MAY 18, 2021

IdeaScale Crowd is hosting a webinar for first-time crowdsourcing innovators who want to engage a large group of collaborators in solving their problems. The post How to Ensure Crowdsourcing Works for Product Innovation appeared first on InnovationManagement.

Crowdsourcing 62

Crowdsourcing Product Innovation How To Innovation 62

Jeffrey Phillips

OCTOBER 7, 2015

Innovation and change destroy complacent, unchanging business structures and models. While they may be "carved in stone" these examples and others prove that stone can crumble, or smart companies can innovate their way around, under or through them. If product life cycles have decreased, so too have business model life cycles.

Product Innovation 100

Product Innovation Innovation Industry Disruption 100

helloFUTURE

JULY 31, 2023

A well-designed product can make all the difference in a crowded marketplace where businesses fight for consumers’ attention. In today’s innovative environment, UX has emerged as a pivotal component of product development, driving success in various ways.…

Product Innovation 52

Product Innovation Product Development Design Innovation 52

Jeffrey Phillips

SEPTEMBER 27, 2021

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model.

Agile 261

Agile Innovation Course Data 261

IdeaScale

APRIL 14, 2021

What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like new innovation types arrive at the scene all of the time, leaving people reaching for Google to get up to speed. Open Innovation.

Radical Innovation 264

Radical Innovation Open Innovation Innovation Social Innovation 264

Acuvate

APRIL 10, 2020

How Different CPG Companies Are Leveraging Big Data & Analytics for Marketing and Product Innovation Compared to businesses in other industries, the ones in the Consumer Goods (CG) industry spend a colossal amount of money on marketing and advertising.

Big Data 52

Big Data Product Innovation Data Marketing 52

Idea to Value

FEBRUARY 10, 2021

An important part of the innovation process is validating ideas. When done correctly, it is a powerful way of getting feedback from the market on what it would take to make the innovation a success. Validation that their innovation is attractive, and therefore it means that the person hasn’t wasted their time developing it.

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Innovation Innovation Processes Product Innovation Creativity 241

Jeffrey Phillips

JANUARY 14, 2021

I've been asked several times lately to write about, or perhaps more specifically, to opine about, innovation strategy. If you are a somewhat regular reader of this blog or my work generally, you may know that I think talking about innovation strategy conflates two very important ideas that are related but not the same thing.

Strategy 284

Strategy Strategy Policies Innovation 284

Innov8rs

APRIL 17, 2024

Now, imagine that something special is a groundbreaking innovation that could change the world. But here’s the catch: you don’t know how much that innovation will cost, or how long it will take to achieve. It’s a classic case of the innovation dilemma: balancing the need for innovation with the limitations of available resources.

Strategy 59

Strategy Strategy Innovation Resources 59

Leapfrogging

APRIL 15, 2024

It serves as a cornerstone for innovation and drives superior business outcomes. Enhancing Innovation and Business Results Effective team collaboration is a catalyst for innovation. For a deeper understanding of enhancing business through teamwork, explore our insights on innovative team collaboration.

Collaboration 113

Collaboration Technical Review Agile Trends 113

Jeffrey Phillips

DECEMBER 5, 2022

There's been a significant number of posts on LinkedIn and other social media about innovation lately, especially focused on the type of innovation that companies perform. The idea of diversification across the three horizons was the key point, not the amount of innovation in each horizon. First, it isn't gospel.

Disruption 144

Disruption Innovation Industry Marketing 144

Entrepreneur - Innovation

MAY 11, 2021

Discover why it's especially important to change your business strategies when crisis strikes during this on-demand webinar with Burton Goldfield, President and CEO of TriNet.

Strategy 84

Strategy Strategy Product Innovation Change 84

Paul Hobcraft

OCTOBER 5, 2020

We are facing greater disruption and an increasing innovation pace. The prospect of new innovation potential will eventually work through into the world of Industry 4.0 Innovation is ready for those accelerating and being fully committed to their 4IR journey. Innovation is the unlocking mechanism.

Industry 289

Industry Collaboration Innovation Design 289

Jeffrey Phillips

MAY 22, 2023

I've been leading innovation work for close to 20 years, writing about it on this blog and in my book (Relentless Innovation). I've made some great friends along the way and been influenced by a range of great innovation thought leaders. Too much time at the innovation coal face was making me a bit cynical.

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Artificial Inteligence ChatGPT Innovation Generative AI 157

Qmarkets

MARCH 27, 2024

Every successful company has one thing in common: a deep-seated commitment to innovation. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

Radical Innovation 52

Radical Innovation Innovation Disruption Competition 52

Destination Innovation

MARCH 2, 2018

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ They found that four factors were particularly important for success with innovation and growth. Quantifying a Culture of Innovation.

Ideation 204

Ideation Case Study Culture of Innovation Innovation 204

InnovationManagement

JANUARY 5, 2017

In this article, Product Innovation Manager Alex Igor Sanghikian discusses the Adjacent Possibilities framework for product management. By exclusively focusing on your persona’s one main need and trying hard to fulfill that need with your product, you can build the next feature with a more focused vision.

Product Innovation 42

Product Innovation Design Thinking Design Innovation Management 42

Jeffrey Phillips

JANUARY 7, 2019

I wrote my obligatory look back at 2018 article on innovation recently, so it is natural that we should turn our attention to where innovation will take us in 2019. Or perhaps the stock was overvalued and Apple has become more interested in margin than in innovation. What do we know about the state of innovation?

Innovation 203

Innovation Data Product Innovation Strategy 203

Innovation Excellence

FEBRUARY 5, 2019

The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known. Social media is incredibly effective for conveying marketing messages and for receiving rapid customer feedback.

Tools 76

Tools Product Innovation Marketing Innovation 76

Destination Innovation

OCTOBER 14, 2018

The Innovation Journey Map (IJM) is a similar concept showing the journey that an innovation takes from initial conception through to final implementation. The IJM would typically include: A flowchart or diagrammatic representation of the journey which the innovation takes. These might include: Where do good ideas originate?

Innovation 194

Innovation Tools Project Management 194

Destination Innovation

JUNE 15, 2018

How can you assess how innovative your business is? The Innovation Sophistication Index is a list of just 24 statements. This is the Launch phase where the need for innovation is recognised but not much has been achieved so far. You are implementing modern concepts of Open Innovation and the Minimum Viable Product.

Open Innovation 211

Open Innovation Innovation Brainstorming Entrepreneurship 211

Harvard Business Review

NOVEMBER 30, 2023

OpenAI has undoubtedly succeeded in its product innovations, with ChatGPT. But its governance innovations have failed spectacularly. Put in place to guard against the abuse of its product, the company’s unusual structure — a nonprofit that owns a for-profit — proved unpredictable and subject to the whims of its directors.

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ChatGPT Product Innovation Technology Innovation 131

Destination Innovation

NOVEMBER 7, 2018

Morita and his partner wanted to break away from this approach and offer high-quality innovative electronic goods. Morita came up with an innovative marketing idea. In 1979 he created the Sony Walkman which went on to be the most successful personal electronics product ever with sales of over 250 million units. On Amazon.co.uk.

Innovation 192

Innovation Video Marketing Product Innovation 192

Paul Hobcraft

JANUARY 9, 2019

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. These have come in different thoughts on digital platforms, ready for cross-industry and having in place, a rapid digital innovation process that scales and evolves on new technology and insights.

Software Review 186

Software Review Software Innovation Collaboration 186

Jeffrey Phillips

FEBRUARY 13, 2019

I went to a meeting about innovation earlier this week with a former client and a discussion about digital transformation broke out. Where innovation and digital transformation meet Let's add in, of course, two really interesting management phenomena occurring before our eyes. It was both interesting and strange at the same time.

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Innovation Meeting Comparison Data 202