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Seven Strong Reasons not to Innovate

Destination Innovation

Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better. We have surveyed our customers and they like our current offerings. No customers have asked for a radical new approach. Everyone is busy but we have to find time and resources for innovation.

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What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Those not involved directly within the innovation project constantly remain skeptical or require more proof. The article was “ Innovation Should Be a Top Priority for Boards. ” The survey was conducted asking over 5,000 board members from around the world asking “do they do enough to support innovation?”.

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Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Most often, teams that work on co-innovation projects share some or the other common capabilities, including technical, organizational, financial, and marketing. The best practice for successful co-innovation and for avoiding future disappointment is to fill the knowledge gaps before the beginning of a project.

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DON’T LISTEN TO YOUR CUSTOMERS!

Innovation 360 Group

Gartner projected that 89 percent of companies compete primarily on customer experience. Customers tend to use surveys to complain, or negotiate, or tell you what bothered them recently. You may have heard that we are living in the Age of Customer Experience. You might ask why on Earth anyone would say, “Don’t listen to your customers!”

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Successful innovators are structured, methodical, and systematic in organizing their innovation projects. In 2018, our team analyzed, under the leadership of Magnus Penker and Dr Soo Beng Khoh, survey data from 2,900 companies in 105 countries, collected over a 52-month period.

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Does culture eat strategy for breakfast?

Innovation 360 Group

The first weapon in our arsenal was the Innovation Assessment InnoSurvey â , a system generating customized reports with up to 40 pages of detailed profiling, analysis and recommendations on what a company needs to do to provide optimal support for their innovation projects.

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Why organization matters for Innovation Success

Innovation 360

The first weapon in our arsenal was the Innovation Assessment InnoSurvey â , a system generating customized reports with up to 40 pages of detailed profiling, analysis and recommendations on what a company needs to do to provide optimal support for their innovation projects.