Idea Magnets and New Product Development from a New Tree

BrainZooming

What new product development strategy might an Idea Magnet employ to pursue a fresh path to new ideas? Realizing that product’s limitations, he started from scratch to design something completely new, yet familiar and functional. Idea Magnets and New Product Development.

Product development through hypotheses: formulating hypotheses

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach.

Product development through hypotheses: formulating hypotheses

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach.

Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

In today’s fast-moving business landscape, the ability to commercialize products quickly and efficiently is imperative. Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention. Lean Innovation doesn’t begin and end with product development.

Product development through hypotheses – start of the new blog series

etventure

Product development is confronted with the constant challenge of supplying the customer with a product that exactly meets his needs. In our new blog series, etventure’s product managers provide an insight into their work and approach. The focus is on hypothesis-driven product development – an approach that is oriented primarily towards the “Lean Startup” philosophy. What is the secret of successful product development?

How To Create a Strategic Planning Process for Innovation

Innovation Excellence

Every innovative product begins as a concept in the mind of someone or some group of people. How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product.

Scaling Lean Product Management for Better Innovation

Innovation Excellence

Can you truly predict a customers’ reaction to a new innovative product and then scale the success of the product? Lean practitioners say you can, if you measure the right metrics, interpret them correctly, and focus on the problem and the uncertainties that arise.

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Lean Startup: Why Every Corporate Innovation Team Should Consider It

Rocketspace

While Lean Startup methodology is employed most often by high-growth startups, the iterative “build-measure-learn" process that makes it so popular among tech entrepreneurs also makes it a great framework for corporate innovation teams to test concepts.

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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence. And in practice, we combine three important ideas: design thinking, Lean Startup, and agile methodology. In this way, lean innovation and design thinking go hand in hand. Lean Innovation

Intrapreneurship at Telefonica: Innovation Calls and Lean-Startup Development on the Menu

Innovation Excellence

Susana Jurado is Head of Innovation Portfolio-Product Innovation at Telefónica since 2015. She joined Telefonica in 1998, where she has worked for Telefónica Digital PDI’s (Product Development & Innovation), and in the Research & Innovation direction (Telefonica I+D which coordinates the global strategy of digtal innovation across the group). She has developed expertise in.

LEAN 63

Accelerating Innovation with Rapid Learning Cycles

Innovation Excellence

Build Capability Conferences Innovation People & Skills Processes & Tools Product Innovation Profiles of Innovators R&D Cars Honda lean Lean Product Development Motorcycles Yamaha

Stop Believing your Publicity and Test it with a Minimum Viable Product

Innovation Excellence

Instead test your biggest and riskiest assumptions quickly with a Minimum Viable Product. Continue reading → Book Review Growth Innovation Strategy Customers Eric Ries growth lean startup minimum viable product MVP new product development NPD

The Right Way to Do Lean Research

Boxes and Arrows

Each panelist had made their mark on how design is done in start-ups: Laura wrote the influential O’Reilly book on UX for Lean Startups, and Todd penned the bestselling Rosenfeld Media Prototyping book. Mike founded an influential Lean UX community in San Francisco. . Although the conversation ranged widely, they kept coming back to research: the heart of the lean build-measure-learn cycle. Below is Laura Klein expounds on these key themes of lean research.

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The 9 biggest challenges for corporates to implement lean startup

Board of Innovation

This post is written for innovation managers & corporate lean startup coaches. Here are the 9 biggest challenges for corporates to implement lean startup and 23 great best practices to tackle them: CHAPTER 1: Organizations designed to maximize efficiency Product development/Engineers have no direct contact with clients. The post The 9 biggest challenges for corporates to implement lean startup appeared first on Board of Innovation.

LEAN 41

Woulda-Coulda-Shoulda Innovation

Gregg Fraley

The top person chooses one or more of the pitched ideas to put into the product development pipeline for introduction. Time to Plan for 2016 Innovation Now.

Applying Lean Startup to Health Insurance | Collective Campus

Collectivecamp

If any industry is in need of applying emergent strategy to its product development methods, it’s health insurance The health insurance industry is facing significant disruption on a number of fronts.

LEAN 50

How Smart Product Managers Use a Business Case

Innovation Excellence

Properly used, a business case embodies the essential learning and planning derived from Lean, Design Thinking, and similar approaches to product development. Continue reading → Innovation Product Innovation Training business case Product Development Product Management

When Innovation is a Moving Target

Innovation Excellence

Continue reading → Build Capability Innovation People & Skills Processes & Tools Technology Uncategorized lean startup new product development NPD Product Performance technology

The Role of Lean Innovation in Mergers and Acquisitions

Moves the Needle

You can use Lean Innovation techniques -- Empathy, Experiments, and Evidence to ensure the driving force is sustained through the integration. Lean Innovation empathy work is a great way to understand the human side of acquisitions and again, this is from both sides of the table, acquirer and acquiree. Instead of dreaming big, for instance, that an acquiree's distribution channel will fit your existing product portfolio, you can test whether or not that’s true.

LEAN 40

A Beginner’s Guide to MVP

etventure

In our beginner’s guide to MVPs our Head of Product, Gregor Ilg, explains what a minimum viable product is, how it is developed and how it can help companies to enhance innovation. MVP” is an acronym for “minimum viable product”. Understanding MVP Development .

What if it works?

Mike Shipulski

The best known method is the Lean Startup method. The Lean Startup is also quite good when money’s tight. And then there’s the VC/Lean Startup combo. A set of high potential projects run in parallel, each using Lean’s build, show, refine method to learn at light speed.

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Who’s Really Sitting at the Top of Every Organizational Chart

CorporateIntel

It’s a wild, energetic, real-time experiment in organizational development that is already being praised and criticized from inside and outside the company. I’ll confess to that in a moment, but the title of this article has likely already given away my leaning.

Innovation Myths Debunked: Part II

Robert Brands

An example of businesses in the retail industry who tried something new would be the subscription box-based model where subscribers pay in advance to receive curated boxes of products. Top 8 Popular Myths about Innovators and Innovation – Debunked! Part 2 of 2).

The secrets behind building a Unicorn

Matthew Griffin

You’ve heard their names and you’re already using their products and in many cases they are now the new market leaders, the companies everyone wants to be or to beat. Development. Their product has an obvious, communicable, quantifiable value. Stage 2: Development.

Innovations to be thankful for… & the importance of the NPD process

Robert Brands

POWERHOUSE Solar Shingle is a revolutionary new roofing product that combines the performance and protection of a conventional asphalt roof with an integrated photovoltaic solar system that powers the home. The Edison Awards honor excellence in new product and service development, marketing, human-centered design and innovation. New product Development (NDP) is cultivated in an environment where creativity combines with structure.

15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations. I’m not putting my neck and job on the line to promote something which I wasn’t involved with developing.

A new competitive edge

The Future Shapers

Such as: that the success or failure of a product or company depends solely on the strategy used. Or that strategy development is a tedious process eating up countless hours. Simplifying, in iterative product development, a new prototype is produced and tested in real conditions.

Empower Operational Employees to Innovate

Gregg Fraley

Companies are investing in innovation training, mostly learning frameworks like Lean, Agile, or Design Thinking. Nearly all that training is for dedicated innovation teams , or employees who are focused on new product development.

How to Avoid a Marketplace Flop

Econic

Since Gerber had already built such a strong brand with parents, they had a hunch that the best place to expand was by providing more products to parents. They invested millions of dollars into this product creating thousands of these jars, buying shelf space, and putting these into stores.

Startup Engagement in Corporate Innovation

Integrative Innovation

There are distinct differences by industry: Financial service corporates are leaning towards Corp-Up (63%), One-off events (56%) and CVC (38%), media players towards CVC (80%) and Corp-Up (60%), and telecoms towards Corp-Up (57%) and incubators/ accelerators (56%).

Strategy Sprints – A DIY Guide

Innovation Excellence

A software developer practicing "agile" thinks of it as a short, iterative cycle of work, often weeks or months, rather than seconds. An entrepreneur practicing "lean startup" methods thinks of it as minimally viable product development effort of a week or less. The word sprint means different things to different people. A runner thinks of it as a race, a mad dash of a few seconds.

Don’t Start With an MVP

Leanstack

Even though, his savings ran out 6 months ago, he has hit a comfortable groove using freelance consulting to keep his product development going. Maybe now he can get the support of his developer friends who failed to see his vision earlier? Hire 3 developers.

Innovation Thesis

The Future Shapers

The innovation thesis needs to help take more deliberate investment decisions, both internally (own product development) and externally (investing in startups). Also, the thesis is going to be a decision companion across the entire product lifecycle while catering for the needs of every hierarchical level. As the product matures, the anti-thesis needs to stipulate the type technologies the company will not back. Idea Management Innovation Lean Methodology

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work – the Minimal Viable Product

Steve Blank

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. Waterfall Development. It often took companies three tries to get products right.

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An Answer to the Pains of Integrating Agile and UX

Boxes and Arrows

One of attendees during the Q&A essentially went on a rant about how “Agile is a developer process,” essentially suggesting that we UX folks know better and shouldn’t even be trying to make Agile work. He used the term “developer” as if it were an epithet, and unsurprisingly, a lot of the audience cheered him on. It turns out that Jeff Gothelf, author of Lean UX (the book I’m reviewing here) has also faced the same challenges. Lean UX has its own challenges.

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