article thumbnail

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? The 70-20-10 ratio was always an average though.

Project 292
article thumbnail

First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. It is a classic example of survivorship bias. There are proponents of both camps.

Strategy 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Smart Service Canvas

ITONICS

Services that aggregate and analyze data through intelligent technical systems or platforms to create customer value are called smart services. The service provider has to find out which Interaction Level is requested and appreciated by the customer and feasible from a technological point of view. Ecosystem Perspective.

article thumbnail

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]

article thumbnail

The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012). Whatever your business model, emerging technologies will be a key driver.

article thumbnail

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. MIT Sloan Management Review, (4), 47–55. MIT Sloan Management Review, 48(2), 22–28. 2) and has been widely studied (i.e.

article thumbnail

Brands In Memoriam 2012

CorporateIntel

The real culprit in my mind—you got it, thinner margins and declining market share due to lack of innovation. Try a balance sheet too weak to support internal investment after emerging from a prior bankruptcy with private equity imposed debt and mounting unfunded pension obligations.