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Ten pitfalls inventors face and tips for avoiding them

Idea to Value

IP strategy. Partners and team. Tip: Develop mock-ups or prototypes early and use them for validating your assumptions and the market need. IP strategy. Starting to develop an invention without having an intellectual property strategy in place is just as dangerous as starting a business without a business plan.

Tips 264
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Why I have a problem with the Global Innovation Index

Idea to Value

I spent 8 years as a management consultant, and a number of my projects were referred to as “Strategy Consulting” Here, we would be asked to make predictions for a specific topic, such as the likely growth rates for an industry segment based on trends. Innovation Leader, Achievers and Underperformers, GII 2016.

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What’s next for consumer products

Board of Innovation

In this post, we’ll highlight some of the key moments in the rapidly evolving consumer journey, and what we see as the key questions and implications for the role and development of consumer products with packaging. Discovery is now mostly digital, so packaging should be developed digital-first as well. In their reviews? (In

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Case study of agile and UCD working together

Boxes and Arrows

Large scale websites require groups of specialists to design and develop a product that will be a commercial success. To develop a completely new site requires several teams to collaborate and this can be difficult. Particularly as different teams may be working with different methods.

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When innovation led to a reversal of fortunes

hackerearth

Huge layoffs and millions of dollars in losses drove the company to adopt a business strategy that focused on capabilities. Video games became more popular. Their producing tons of bricks inside-the-box strategy didn’t work. The LEGO movie is a successful example of this strategy. Read this if you want to delve deeper.)

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15 most important Innovation Theories your company should be using

Idea to Value

At its core, the framework is a collection of strategies and tools for finding inventive solutions to difficult problems. 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. If this doesn’t work, it is going to make me look bad.

Company 248
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How to Set Up a Corporate Innovation Outpost That Works

Corporate Innovation

What should the team in the Outpost be doing day-to-day? Successful Innovation Outposts typically develop over a period of time through three stages. In the second stage, it moves into Investing, Inventing, Incubating and Acquiring technologies and companies, and in the third stage building product(s). How do you staff it?