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

Idea to Value

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. Some companies, like technology companies which need to produce new offerings more quickly, might have a ratio that is more like 45-40-15.

Project 292
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Clicking Fast and Slow

Boxes and Arrows

We are increasingly accustomed to using socially-oriented web applications, and many social features are high on the requirements lists of new web projects. Some interesting projects have started to look at interface “nudges” which may encourage good information practice on the part of the user. Screen grab showing an Amazon review.

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The Case for Ambiguity – How to Set Your IT Project Up For Success

MSSBTI

However, that is exactly what happens to an overwhelming number of leaders on a regular basis with their technology projects. A McKinsey-Oxford study found that large IT projects go over-budget 45% of the time, over-schedule 7% of the time, and under-deliver 56% of the time¹. How to Avoid Project Estimation Errors.

Project 53
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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. It helps in organization your partner-network and starting open innovation projects. MIT Sloan Management Review, (4), 47–55.

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The Book that Took 9 Years to Publish

Stephen Shapiro

It covered a wide range of topics related to innovation: strategy, organization structures, measures, technology, and more. January 2019: I hired a developmental editor who reviewed what I had written. These were sent to past clients and other reviewers for their feedback. Over time I added to it, collecting dozens of them.

Video 98
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Creative Construction – Book review

The Inovo Group

Creative Construction , by Gary Pisano at Harvard Business School, is such a book, in part due to the preeminence and influence of Harvard in the conversations about innovation that have been taking place since Christenson’s ‘The Innovator’s Dilemma’ was published in 1997. Now the real work begins. [1]

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Design Thinking & Human-Centered Design in Medical Devices & Pharma

InnovationTraining.org

This IDEO project set out to find ways to turn kids into the heroes of their own lives with empathetic tools for childhood ailments and illnesses. By changing painful, awkward kid experiences as rites of passages and superpowers, this project was able to unlock kid-approved medical innovations. GE Healthcare | Kid-Friendly MRI.