Innovation Strategies from 6 Leading Innovation Firms

Rocketspace

You may remember our blog post from a few months back where we identified the top firms driving innovation. We now want to go one step further and uncover the top strategies from each of these consultancies.

How your company strategy may be sabotaging your innovation ambition

Idea to Value

As someone who works for a strategy consultancy, it becomes clear that for most companies, there is a disconnect between what they say their strategy is, and how they actually behave. This can have a profound impact on the likely success rates of innovation in those companies.

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Innovation Strategies from 7 Leading Innovation Firms

Rocketspace

You may remember our blog post from a few months back where we identified the top firms driving innovation. We now want to go one step further and uncover the top strategies from each of these consultancies.

The Essential Connection Between Strategy and Innovation

Paul Hobcraft

Most organizations are seeking solutions to the necessary connections between Strategy and Innovation. Often it is within the strategies that should be outlined, lies the potential new spaces to play for innovation’s design. Strategic intent informs innovation.

Before Transforming The Experience, You Need to Disrupt Yourself

Speaker: Vivek Bedi, Product Expert and Keynote Speaker

Every company is (soon to be) a technology company. Undergoing digital transformation is the key to succeeding in this digital era - but the process isn’t all innovation and shiny new tech. Join Vivek Bedi, a product expert with 18 years of experience across Fortune 100 companies and startups alike, as he shares his expertise on how to strike the right transformation balance and change your product mindset.

A Failproof Innovation Strategy in 3 Steps

Rocketspace

What is the secret of a successful corporate innovation project- is it the idea or the company running it? There is no magic formula for building great innovation strategies. However, there are fatal mistakes that will make your innovation mission impossible.

Top Strategy and Innovation Books of 2019

Innovation Excellence

The best strategy & innovation books deliver new insights, examples and tools for reinventing business. Book Review Innovation Strategy best books on innovation Inspiration

Good Strategy Bad Strategy

Game-Changer

What’s the best strategy book I’ve read? Not specifically business strategy, but strategy in general. Think about the following: what’s your strategy? This is the premise of the book, and the reason Mr. Rumelt decided to write a book about strategy.

Here’s Why Your Innovation Strategy Will Fail

Digital Tonto

Many organizations get stuck because they end up locking themselves into a single strategy. Related posts: There Is No One True Path To Innovation. Apple’s Innovation. [[ This is a content summary only. All Posts Management Innovation Innovation Matrix Leadership Strategy

Forget Your Business Plan. Create a Strategy Map.

Leapfrogging

Instead, create a one-page strategy map. Having run the internal strategy consulting group at HP , and then consulting to both startups and big companies like Disney, Visa, Colgate, Medtronic and others, I’ve created hundreds of strategic plans. Business strategy used to be a clear and methodical process. You create a Strategy Map. A Strategy Map is a visual representation of your vision and related priority strategic objectives.

Top Strategy and Innovation Books of 2019

Leapfrogging

The best strategy & innovation books deliver new insights, examples and tools for reinventing business. I’ve recently written about the disruptive change and innovation upending markets like product packaging, travel and hospitality, management consulting, construction, healthcare, and manufacturing. What strategies will help us move fast and win? Creative Construction: The DNA of Sustained Innovation.

Beyond the Findings: The Case for UX Research in Digital Transformation

Speaker: Marina Foglietta-Tereo, Head of UX Research, AXA Insurance

People often think of UX research as a tactical approach to improve the usability or visual appeal of a digital product. While good research will certainly validate an existing design, using it for validation alone would be like using your iPhone solely to tell time! Join Marina Foglietta-Tereo, Head of UX Research at AXA Insurance, as she explores the unrecognized organizational, cultural, and strategic benefits of an in-house, central and mature UXR team.

Develop Your Annual Innovation Strategy

IdeaScale

As you work through your annual planning, it’s important to consider your annual innovation strategy as well. This type of planning makes innovation projects far more effective and helps ensure ongoing support from leadership. Preparing Your Annual Innovation Strategy.

7 Must-Read Books on Innovation Strategy

IdeaScale

Innovation strategy is an enormous topic, and staying current can be an intimidating task. Haskel and Westlake make the important point that the world of the tangible is losing value, and often data and software are taking its place, an important factor in any innovation work.

How Does Globalization Impact Innovation Strategy?

IdeaScale

Yet, innovation might be the most powerful vector driving these differences, while offering the tools to cross them. Innovation Builds Economies. It’s been found that emerging markets that have access to the innovation driven by developed markets drove up productivity by 0.7

Strategy, Creativity, Innovation and Mysterious Goings On

BrainZooming

I had a blast appearing with crisis communications expert, Alex Greenwood , on his Mysterious Goings On podcast to discuss strategy, creativity, and innovation. Strategy, Creativity, and Innovation in Everything (4:00).

Innovation & Strategy Conference: Driving Home Disruption

Yet2

The Innovation & Strategy Conference , held November 14 th in the hip-while-retro Innovation and Design Building in the Seaport area of Boston, offered attendees insights to corporate innovation from a wide variety of perspectives.

Three Keys to Accelerating Innovation through Connecting and Collaborating Outside your Organization

Speaker: Gordon Vala-Webb, Author, Speaker and Consultant, Building Smarter Organizations

From his upcoming book, Building Smarter Organizations, Gordon will do a deep dive into connecting and collaborating with those outside your organization to accelerate innovation. Gordon will provide practical strategies to connecting and working with the "nearside" of suppliers, partners and alumni in order to accelerate innovation.

Hacking Corporate Culture: 3 Experts Weigh in on Innovation Culture Strategy

Rocketspace

Many CEOs are striving to create growth driven innovation fueled by engaged employees. The research also shows that only 6% of executives are satisfied with the innovation process in their organization. innovation culture strategy innovation experts

Strategies for Innovating Your Workspaces

InnovationTraining.org

What is the relationship between the places we work and our ability to innovate? This can help you streamline your business process and pinpoint areas of inefficiencies where you need innovation the most. Business Innovation

No Innovation Strategy Fits Every Problem, So You Need To Work With Full Toolbox

Digital Tonto

The truth is that every innovation strategy fails eventually, because there are always new problems to solve. Related posts: Here’s Why Your Innovation Strategy Will Fail. All Posts Management Innovation Innovation Matrix Strategy

Strategy that sticks

Game-Changer

How do you talk about your business’s strategy so that your employees get it? Any strategic planning session eventually needs to deliver a robust strategy, one that anyone can understand and execute. Make strategy simple.

The Leadership of Open Innovation

Speaker: Paul Sloane, Director, Destination Innovation

Paul Sloane is a well-known author and speaker on open innovation. In this session, Paul takes us through examples of successful open innovation programs to explore the breadth of what open innovation can be for organizations and the value it can bring. This was a great session you don’t want to miss.

Innovation Strategy – 40 Articles on Fostering an Innovative Workplace Culture

BrainZooming

We see seven keys to creating an innovative workplace culture where individuals are able to meaningfully contribute to the organization’s innovation strategy. An innovative workplace culture: #1 Provides Direction. What is the first innovation strategy question to ask?

Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

The innovation game is not played on a level playing field. Established companies have a business to run as well as innovation to deliver. On the other hand, established companies have to penetrate silos and fortresses to get people to work on innovation-generated change.

Forget Your Business Plan – Create a Strategy Map

Innovation Excellence

Instead, create a one-page strategy map. Having run the internal strategy consulting group at HP, and then consulting to both startups and big companies like Disney, Visa, Colgate, Medtronic and others, I’ve created hundreds of strategic plans. Business strategy used to be a clear and methodical process. Innovation Leadership Management Strategy Business Strategy change management disruption

The 4 Essentials of an Effective Corporate Innovation Strategy

Rocketspace

In recent years, we've seen greater technological innovation than ever before. These next-generation product or service innovations are specially designed to fulfill. Corporate InnovationToday, businesses are in a constant sprint to outpace one another.

A Strategic Approach to Open Innovation

Speaker: Jeffrey Phillips, Senior Consultant, OVO Innovation

This action-packed session examined the critical questions you should ask as you establish an open innovation framework: which technologies or ideas? Which partners and how many? Which methods? By taking a strategic approach to open innovation, you’ll find the right ideas or partners more effectively, and you’ll accelerate new products to market more quickly. This was a great session you don’t want to miss.

Diffusion Of Innovations: Influencing the adoption of a new strategy

Cascade Strategy

Any new strategy requires behavioral change. You need your team to embrace and adopt your new strategy in order to achieve business objectives. In this post, we’re going to be looking at implementing a strategic plan through the lens of the Diffusion of Innovations theory.

5 Actionable Tips that Will Enhance Your Innovation Strategy

HYPE Innovation

Even the most innovative companies sometimes hit snags. How can the innovation manager get things back on track and keep forging ahead with innovation initiatives when things get rough? Innovation Strategy

Tips 201

Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

This dangerous obstacle to innovation is described by Nilofer Merchant in The New How as “the empty void in an organization between the high-level strategy conjured up in the stratosphere and the realization of that vision down on the ground.”. Here’s Your License to Innovate!

Where speed, innovation, technology and strategy collide

Jeffrey Phillips

Impact on strategy and innovation What does this mean for two concepts near and dear to my heart - strategy and innovation? If strategy is a "plan of action designed to achieve a major aim" then what should our strategies look like as we encounter a competitive environment with little stability and a significant amount of change? We will need new strategy, and maybe even new strategic tools in order to operate under these new conditions.

Mixpanel's Guide to Product Metrics

Whether you build or market products, tracking the right metrics is crucial to innovation. Use this guide to help you decide what metrics are most important for your product and business.

Could Your Innovation Strategy Use a Leg Up?

IdeaScale

Innovation can be hard work. However, if your innovation strategy results in lots of hard work for little reward, then it’s time to step back and consider whether you need to give your team a leg up on the process. A full process can get innovation moving.

How to test whether your innovation strategy is socially responsible

Board of Innovation

Design an innovation strategy that takes sustainability, social impact, and integrity into account using our new tool and revised innovation sweet spot. The post How to test whether your innovation strategy is socially responsible appeared first on Board of Innovation.

27 Links to Energize Your Innovation Strategy

BrainZooming

Someone wondered about the range of topics included in the disruptive innovation strategy workshop we delivered recently. Even though the workshop spanned nearly ten hours over two days, we had to narrow the content significantly to achieve the client’s innovation objectives.

Do you have an innovation strategy?

Innovation Excellence

A recent article by Juruzelski, Loehr and Holman from Booz Consulting (www.strategy-business.com) noted that there is no statistically significant relationship between financial performance and innovation spending. Innovation Innovation Strategy

Succeeding with Innovation & Transformation

Speaker: Magnus Penker, CEO & Founder, Innovation360 Group

In this exclusive session, Magnus Penker is revealing his top insights and tools to be used for forming, storming, norming, performing, and creating an evergreen culture that will allow you to stay ahead of the competition.

3 Vital Employee Engagement Strategies for Winning Ideas

BrainZooming

One reveals an important lesson as you develop employee engagement strategies. 3 Vital Employee Engagement Strategies for Winning Ideas. The obvious lesson relative to employee engagement strategies is simple: Listen to, consider, and act on smart ideas from team members.

How an innovation strategy sprint speeds up the entire process

Board of Innovation

Introducing the Innovation Strategy Sprint: a 1-week, fast, high-energy board session that helps co-design an innovation blueprint. The post How an innovation strategy sprint speeds up the entire process appeared first on Board of Innovation.

The Essential Connection Between Strategy and Innovation

Innovation Excellence

Most organizations are seeking solutions to the necessary connections between Strategy and Innovation. Often it is within the strategies that should be outlined, lies the potential new spaces to play for innovation’s design.

Three Ways Diversity Boosts Your Innovation Strategy

IdeaScale

Many voices lead to greater innovation. What does diversity have to do with innovation? There can be a real, tangible effect with broader voices when it comes to innovation, both in the sense of better products and better marketing.

Building A Collaborative Innovation Playbook

Speaker: Greg Satell, Innovation Advisor, Speaker and Author

From his newly released book, Greg Satell has researched how people and organizations successfully innovate. We are excited to have Greg join us for a session that will draw upon these insights and provide a playbook for how to define the right innovation strategies for your organization to overcome the specific challenges that your organization faces and dramatically improve your innovation effectiveness.