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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

One of industry standard answers comes from research by Deloitte Partners Bansi Nagji and Geoff Tuff, in their groundbreaking 2012 article in Harvard Business Review: Managing your innovation portfolio. But what does a well-balanced innovation portfolio look like? So what is the ideal innovation portfolio ratio for your company?

Project 292
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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012). Going off on a tangent perhaps, but some interesting research highlights “the power of early exposure to robotics and coding in defying gender stereotypes toward technology and engineering fields.”

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Adapt or die: lessons from 5 companies that failed to innovate

Idea Drop

They filed for bankruptcy in 2012. Price, branding, competitor offering and even convenience are all equally important, and you need to tick every box to stay competitive. The post Adapt or die: lessons from 5 companies that failed to innovate appeared first on Idea Drop | Idea Management Software.

Company 68
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What is idea management and why is it important for any business

hackerearth

Ideas that, if materialized into innovative products or services, align with your organization’s goals, increasing revenues and keeping competition at bay. To learn how you can introduce idea management software in your business, Click here. Visualize this: You continuously get incredibly innovative ideas from your own workforce.

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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

Another example I like to present is Nintendo, originally a purveyor of handmade playing cards, attempted to enter a number of new markets due to the fact that consumer interest in playing cards had decreased substantially. Rising competition from Apple and Google caught Nokia out of position and led to near-bankruptcy in 2012.

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How companies are innovating in the energy sector

hackerearth

The energy sector has undergone significant transformation from the 1970s due to amazing economic growth, population growth, increased productivity, new technologies, and environmental goals. Enerquire.com) The big companies had to finally change their business model to combat competition from third parties and stay relevant.