Disruption is not a strategy

Idea to Value

The main problem is that companies that deliberately set out to disrupt and industry usually think that being different from the incumbents and aggressive in their marketing is a sound strategy, because they can point to the disruptors above as examples that it works. Innovation disuption

Venture building as an innovation strategy

Board of Innovation

How venture building can be used as an innovation strategy. The post Venture building as an innovation strategy appeared first on Board of Innovation. All Innovation strategy

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Thinking about innovation and strategy

Jeffrey Phillips

I've been asked several times lately to write about, or perhaps more specifically, to opine about, innovation strategy. Innovation Definition Innovation, in its simplest form, is simply turning good ideas into some valuable action. Strategy is often difficult to define.

Where Do Innovation Strategies Usually Go Wrong?

Innovation Excellence

Innovation strategy is a common source of anxiety for many innovation managers: they always want one, but few think their organization has a clearly defined one.

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.

How to set a strategy using the cascade of choices framework

Idea to Value

Most companies think they have a clear strategy. However, what they think is a strategy is usually nothing more than a set of goals. We often used a tool called the Cascade of Choices framework to help clarify the strategy. Innovation Leadership cascade of choices strategy

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. Yet how often do we fail to connect the innovation’s we design and execute specifically aligned to the strategic need? Is this because innovation is not at the core of the business as it should be? Strategy informs”.

Podcast S4E74: Michael Raynor – Setting the right strategy for innovation and disruption

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Michael Raynor, Managing Director for the Deloitte US Strategy group, and author of numerous groundbreaking books on innovation, including The Innovator’s Solution and the Strategy Paradox.

The elusive innovation strategy

The Future Shapers

The post The elusive innovation strategy appeared first on The Future Shapers. Competitive Advantage Innovation Management Innovation Strategy Innovation MangementWho would’ve thought that combining two vague terms would result in an even vaguer phrase?

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. The first thing to do when preparing an annual innovation strategy is to carefully review what you did in the past year. Systematizing Your Innovation Strategy.

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. corporate innovation strategy innovation ecosystem internal and external innovation innovation consultant

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 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. internal and external innovation innovation ecosystem corporate innovation strategy innovation consultant

Creating an innovation strategy is a team effort!

The Future Shapers

It is time to recognise that top down strategy development is outdated in the volatile, uncertain, complex and ambiguous times we live in. An inclusive and consensual approach to developing bold innovation strategies are needed.

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. innovation consultants Corporate Innovation Positioning Leading Corporate Innovator Innovator innovation strategy

Bed, Bath & Beyond Announces $1 Billion Innovation Strategy

IdeaScale

Leading home goods retailer Bed, Bath & Beyond is upping the innovation game by launching an omnichannel transformation to drive sales. As part of a new three-year strategy, the $1 billion to $1.5

How to Adjust Your Innovation Strategy to Accommodate Social Distancing

IdeaScale

How do you continue working on your innovation strategy when … Continued. The post How to Adjust Your Innovation Strategy to Accommodate Social Distancing appeared first on IdeaScale.

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.

How Do Your Employees Feel about Your Innovation Strategies?

IdeaScale

Innovation is at its best when everyone in your organization is involved in the process. Are your employees engaged with your company’s innovation strategy? Where do your employees fall on the innovation spectrum? How to Measure Innovation Sentiment.

7 Must-Read Books on Innovation Strategy

IdeaScale

Innovation strategy is an enormous topic, and staying current can be an intimidating task. Fortunately, there’s no shortage of brilliant people working on tomes to help you think about the present, and just as importantly, the future, of innovation and where your industry is heading. 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 Conversely, more time spent with different cultures and their perspectives drive innovation. Globalization also presents different challenges that require different forms of innovation.

Good Strategy Bad Strategy

Game-Changer

What’s the best strategy book I’ve read? Not specifically business strategy, but strategy in general. While I was scrolling through my books I stumbled on Richard Rumelt’s masterpiece Good Strategy Bad Strategy ; this is the best book I’ve read on strategy. 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. Strateg

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.

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

Strategy In A Post-Digital World

Digital Tonto

Strategy, therefore, can’t depend on prediction. All Posts Innovation StrategyThe truth is that the future tends to surprise us and nobody can say for sure what the next few decades will look like. However, what we can do is. [[ This is a content summary only.

Is Sanitizing and Reusing PPE a Viable Innovation Strategy?

IdeaScale

The post Is Sanitizing and Reusing PPE a Viable Innovation Strategy? The COVID-19 global pandemic led to a shortage of products such as face masks, hand sanitizer, and toilet paper.

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.”. They have responded to these changes in their competitive environment and have started to position themselves as the most innovative firm in their market. This is a fairly typical profile of innovation capability within a large firm.

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.

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. I recently rewatched the excellent TEDx talk by Karen Dillon (video above), on Do You Have a Strategy for Your Life? A strategy is not what a company says their strategy is.

Can Brands Meet the Challenge of Achieving a Sustainable Innovation Strategy?

IdeaScale

Overview: Sustainability approaches and innovation strategy go hand-in-hand, yet too often are seen as separate targets. The post Can Brands Meet the Challenge of Achieving a Sustainable Innovation Strategy?

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. If everybody in the room is from the same place and has the same perspective, it creates a blind spot which can stifle innovation. For great innovation to happen, you need a profound mix of perspectives, experiences, and styles.

The Objectives Goals Strategies & Measures (OGSM) Template

Leapfrogging

The OGSM model (Objectives, Goals, Strategies and Measures) can help teams get on the same page and moving in the right direction. Said another way, you need to define your overall objective, determine what goals are needed to realize it, understand the strategies needed to achieve each goal, and then define quantifiable success metrics to keep everyone focused. OGSM is an acronym that stands for Objectives, Goals, Strategies, and Measures. Strategies.

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.

How do you Create an Annual Innovation Strategy?

IdeaScale

It’s a brand new year, which means it’s time for a brand new annual innovation strategy for your organization. Perhaps you’ve been working on your annual strategy since before we entered this new year, or perhaps you just now have the bandwidth to really confront it. Either way, there are some core guidelines that will help you develop a thoughtful and successful innovation strategy. Perhaps most importantly, create a system to maintain last year’s innovations.

Ensure Alignment With the Strategy Execution Framework

Kainexus

Unfortunately, even the most innovative leaders with clear visions often fail to achieve their strategic goals. Many organizations can’t meet the challenge to effectively define, staff, and manage the set of projects and programs necessary to see the strategy succeed.

How and Why to Align Government Innovation Strategies with Public Policy Goals

IdeaScale

Innovation thrives when it has a goal. This gives innovation strategy in the government sector a distinct advantage, provided there are clear policy goals. It becomes a question of properly aligning strategy and goals for maximum impact.

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. I’ve heard consultants and business leaders talk about strategy in a way that is too complex for others to understand. uses a very simple technique, which I’ve since adopted, to communicate strategy : CHIFF.

Never Miss an Opportunity: How ISO 56000 Enables an Innovative Organization

Speaker: Peter Merrill, President, Quest Management Inc.

One of the challenges for innovators is how to integrate innovation with Quality Management (QMS) and balance the culture of creativity with execution. Join Peter Merrill as he walks us through the newly published ISO 56000 series on Innovation Management, specifically the Guidance Standard ISO 56002 that discusses how to establish an Innovation Management System (IMS). He will take you through the elements of innovation management from strategy development, through risk assessment to solution delivery.

3 Innovation Strategies for Solving 'Impossible' Problems

Entrepreneur - Innovation

Innovative ideas start with looking at obstacles causing real harm. Ready for Anything

How do you Create an Annual Innovation Strategy?

IdeaScale

It’s a brand new year, which means it’s time for a brand new annual innovation strategy for your organization. Perhaps you’ve been working on your annual strategy since before we entered this new year, or perhaps you just now have the bandwidth to really confront it. Either way, there are some core guidelines that will help you develop a thoughtful and successful innovation strategy. Perhaps most importantly, create a system to maintain last year’s innovations.

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.

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

Business Models Changing the Landscape of Growth and Innovation

Speaker: Cheryl Perkins, Founder and President, Innovationedge

Companies these days cannot afford to stand still! Cheryl Perkins, Founder and President of Innovationedge and a visionary business leader, will share best practices of companies who are defining and implementing new business models. These business models are used to create new pathways to value and deliver growth in today’s business climate. She will lead you on a journey through business model basics and describe how companies are taking innovation strategy to the next level while tackling the current challenges of talent management and innovation fatigue.