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

Innovation Excellence

One of the best innovation stories I’ve ever heard came to me from a senior executive at a leading tech firm. Innovation Disruptive Innovation Incremental Innovation Innovation Strategy Innovation Toolkit Innovation tools Radical innovation

Corporate Innovation Ventures: Separation vs. Integration

Innovation Excellence

Proper management of the separation vs. integration tension has proven to be a vital, while underestimated ingredient to effective scaling of internal ventures and external startups in corporate settings.

Four Models of Intrapreneurship Innovation

Innovation Excellence

Research shows that growth fueled through organic innovation is more profitable than growth driven by acquisition, in part because the organizational capability required is vastly different.

Scaling Up Startups in Corporate Settings

Innovation Excellence

In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating.

Innovation in the Boardroom

HYPE Innovation

How much focus should innovation efforts and capabilities have in the boardroom? Three quarters (74%) of employees say their company does not have a strategy, process, and tools in place to encourage the sharing of ideas. Radical Innovation Innovation Culture

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Startup Engagement in Corporate Innovation

Innovation Excellence

Recently, Match-Maker Ventures and Arthur D.

Rethink Innovation!

Innovation Excellence

“We need to rethink the term “innovation” and we should drop the term “innovation culture” entirely.” Stefan Lindegaard shares his latest presentation: Rethink Innovation!

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts. Reinvention through business model innovation.

Digital Transformation Combines Customer Experience and Operational Efficiency

Integrative Innovation

Capabilities Digital Transformation Innovation Strategy Technology Complexity Corporate Innovation Customer Experience Disruptive Innovation Innovation Management Innovation Strategy Leadership Operational Efficiency Radical Innovation

Venturing Activities in Corporate Innovation: Types, Features and Success Factors

Integrative Innovation

Corporate Venturing , i.e. corporate engagement in external and internal ventures, plays an evermore critical role in fueling the innovation engine of larger companies. Most of those activities have a non-incremental innovation focus in nature, commonly targeted at.

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Digital Innovation Units: Recommendations, Trends and Conclusions

Integrative Innovation

Infront Consulting and business magazine Capital recently published their second joint annual study (in German) on the Digital Innovation Unit landscape in Germany. teams for repeated identification and prototyping of digital innovations. Recommendartions for action: Innovation Labs.

Startup Engagement in Corporate Innovation

Integrative Innovation

From an innovation perspective, the ultimate objective is to validate promising initiatives and selectively scale them up in order to adapt or even renew the existing core business. Recently, Match-Maker Ventures and Arthur D.

Scaling Up Startups in Corporate Settings

Integrative Innovation

outsourcing’ uncertainty, particularly in early phases of radical/disruptive innovation activities. However, startup engagement is also increasingly used for tapping into entirely new markets or technologies as well as spotting disruptive innovation opportunities.

Does culture eat strategy for breakfast?

Innovation 360

Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. In fact, strategy, leadership and capabilities are the foundation but culture is the enabler. Strategies That Cross The 3 Horizons.

The Pressing Need to Link Risk into an Innovation Strategy- part one

Paul Hobcraft

I want to bring together some thoughts on risk and innovation. Risk assessment within our innovation activities need a different, far more distinct framing that reflects the nature of the unknowns we are working with, in my opinion.

Scaling-Up: The Foundation

Integrative Innovation

The – in the truest sense of words – ‘billion-dollar-question’ we are addressing is: How can companies generate more business impact from non-incremental innovation? Companies are working hard to future-proof their innovation management.

Are we playing snakes and ladders with innovation?

Paul Hobcraft

Originally from India the game is a simple race contest based on sheer luck and I am beginning to wonder if we are playing a new version of this with innovation? The game came to mind as I read through a recent survey on Innovation. Have you ever played snakes and ladders?

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Future-proof Your Innovation Management: Dual Innovation

Integrative Innovation

Most advocates of the Three Horizons model see it from a time (-to-impact) perspective or use it to classify different innovation types. Figure 1: Three Playing Fields of Innovation. . Three Playing Fields : The basis for modern innovation management.

Modern Dual Corporate Innovation Balances Defense with Offense

Integrative Innovation

Modern Dual Corporate Innovation Management approaches encompass two complementary directions of impact : Transforming the Core (by largely changing or even disrupting the existing operating model).

Innovation and Organizational Culture

Integrative Innovation

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Distinct Approaches to Business Model Innovation

Integrative Innovation

Business model innovation (BMI) is becoming ever more important as it turns out increasingly difficult for companies to differentiate based on products and services alone. Directions of impact for business model innovation. Reinventors do not need to be radical.

Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

The first part highlighted that radical and incremental innovation build on two different innovation set-ups (exploration and exploitation, respect. New research: ambidexterity well done is a key driver for innovation performance.

Why radical and disruptive innovation might not always be the answer

Ideanote

Surely , in a time where terms like sustaining and incremental innovation have a negative light, who would glorify them ? Isn’t there a risk of next radical or disruptive innovation blindsiding the company, potentially bankrupting the organization ? .

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360

Innovation and Artificial Intelligence. Innovation is about gaining, sustaining, and using market advantages for as long as possible while, at the same time, learning in preparation for future situations—all while not knowing exactly whether, when, or how that new learning will be used.

Innovation is Not Necessarily Disruptive

Game-Changer

So, last week’s post Innovation is the opposite of what we’re pretending the word means hit a nerve; as it should. Continuous small innovations matter as well. IlseTreurnicht @jorgebarba When most business people say innovation they mean Sustaining Innovation.

How Many Types of Innovation are there?

Innovation Excellence

The simplest way to categorize innovation is into two types – incremental and radical. Incremental innovation is an improvement in an existing thing (e.g. Radical innovation is finding an entirely new way of doing something.

Is it REALLY disruptive? It matters.

Innovation Excellence

At the recent ISPIM conference, I sat in several presentations ostensibly describing approaches to disruptive innovation when, in reality, it was difficult to see what (a market or a company) was actually being disrupted. They were really talking about breakthrough or radical innovation.

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360

Innovation and Artificial Intelligence. Innovation is about gaining, sustaining, and using market advantages for as long as possible while, at the same time, learning in preparation for future situations—all while not knowing exactly whether, when, or how that new learning will be used. Innovation is about preparation. Strategy for getting ready. The importance of a clear strategy for Artificial Intelligence and disruptive technology.

So Where Is Innovation Heading?

Paul Hobcraft

I have written a fair amount about the new innovation era, offering a view on its future design. One that is jumping to a fresh cycle of innovative design. To achieve this innovation has gone digital, pure and simple. So the need to innovate comes from digital as the source.

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Building upon the four essential pillars for innovation

Paul Hobcraft

It is always welcome to read a thoughtful article that reminds me, no, it actually inspires me, by reinforcing my own belief that innovation is progressing, even if this is sometimes frustratingly slow. So the article “ Want to Win at Business Model Innovation?

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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond.

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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

All too often strategy is not influencing the behaviours and outcomes around innovation, it is simply allowing them to be left to chance. Innovation is being ‘pushed down’ the organisation for others to interpret and offer their answers.

Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. This post here is the third and last part , part three, where I lay out different mechanisms and framing of risk and innovation. We need to formulate a more robust risk innovation framework.

Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. This post here is the third and last part , part three, where I lay out different mechanisms and framing of risk and innovation. We need to formulate a more robust risk innovation framework.

Innovation and Organizational Culture

Tim Kastelle

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture.

Digital Technology MoshPit

Gregg Fraley

New Service Offering for Digital Technology Innovation. Discover Ideas for Long Term and Tactical Innovation Projects. Chicago, IL, August 1, 2018 — The MoshPit Innovation Service is an innovation project discovery service marketed by GFi (Gregg Fraley Innovation).

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment. Is innovation even fully aligned into the corporate strategy?