IdeaScale

SEPTEMBER 12, 2018

Some companies have an innovation strategy. Some companies have a digital transformation strategy. Innovation. Innovation is the introduction of any significant, positive change. This can be changes in public policy, small improvements to a company’s processes, totally new, disruptive product offerings, and more.

Policies 206

Policies Innovation Disruption Strategy 206

Jeffrey Phillips

SEPTEMBER 27, 2021

Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model. This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation. Product innovation is of course necessary for survival.

Innovation 201

Innovation Agile Product Innovation Software 201

IdeaScale

MARCH 28, 2019

Business model innovation is a fundamental restructuring of the beliefs that underlie existing ways that businesses create value. To a greater extent than product innovation, business model innovation forces rethinking of core beliefs about how businesses operate.

Competition 174

Competition Video Innovation Disruption 174

Jeffrey Phillips

JANUARY 7, 2019

Many corporations, especially those managing or collecting data or acting as a platform are using innovation to enrich themselves rather than their customers. Customers want companies to innovate, but customers expect to benefit from the innovation, rather than being taken advantage of. Can big business really innovate?

Innovation 203

Innovation Product Innovation Data Tools 203

Jeffrey Phillips

MARCH 20, 2019

Where possible, we also need to consider how an existing or future product - no matter how "smart" or dumb the product is - will create data or use data - and what the data will mean as part of the value proposition. What's all of this have to do with innovating? How does the company make money? Where does each benefit?

Innovation 174

Innovation Data Software Artificial Inteligence 174

Jeffrey Phillips

NOVEMBER 27, 2018

Whole Product (2.0) The reason that whole product is becoming even more interesting is that the notion of product is expanding and many companies will soon be shifting to innovation "beyond the product". Impacts on Innovation This is, and will, have a huge impact on innovation.

Technology 174

Technology Tips Product Innovation Data 174

Jeffrey Phillips

DECEMBER 11, 2019

Of the people I've talked to over the last six weeks, a blend of innovation consultants, analysts and corporate practitioners, most feel that innovation as a concept is reaching maturity. That is, many companies believe that the capability to innovate is becoming a commodity inside businesses.

Artificial Inteligence 147

Artificial Inteligence Agile Disruption Internet of things 147

IdeaScale

MAY 28, 2019

Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. It requires more than just saying “Innovation is good.”

Innovation 164

Innovation Leadership Crowdsourcing Training 164

Jeffrey Phillips

DECEMBER 5, 2022

There's been a significant number of posts on LinkedIn and other social media about innovation lately, especially focused on the type of innovation that companies perform. The idea of diversification across the three horizons was the key point, not the amount of innovation in each horizon.

Innovation 111

Innovation Disruption Industry Trends 111

Jeffrey Phillips

NOVEMBER 13, 2017

I was leading an innovation workshop recently with a company that invited in some of its customers to talk about the future. I was hired to lead a trend spotting and scenario planning workshop, but I had successfully convinced my client that we needed to establish a common framework and language about innovation first.

Innovation 113

Innovation Disruption Product Innovation Exercises 113

Paul Hobcraft

SEPTEMBER 2, 2018

Still, the hockey stick of benefits has not kicked in yet – while all companies are making efforts to adopt technology, most of the production industry (~70%) remains in pilot purgatory (where technology pilots last for extended periods of time, and companies do not take the final step of scaling up viable technologies).

Industry 213

Industry Technical Review Innovation Design 213

Jeffrey Phillips

AUGUST 15, 2017

That means that new innovations may be more intangible, psychological, emotional, notional - but there are as many opportunities there as there are in tangible innovations, if not more so. When multiple factors are changing, disruption is easier to accept. Innovation is possible in any setting and in any industry.

Disruption 133

Disruption Industry Culture Course 133

Qmarkets

FEBRUARY 18, 2025

While digital transformation focuses on integrating technology into all aspects of a business, digital innovation goes a step furtherits about creating entirely new value through technology. Companies that fail to innovate digitally risk being left behind as competitors leverage new tools, business models, and strategies to drive efficiency.

Tools 59

Tools Crowdsourcing Ideation Innovation 59

Jeffrey Phillips

FEBRUARY 16, 2016

So many companies make so many claims about innovation, and yet so few are really, deeply engaged in innovation. In the next decade we'll say goodbye to some of the firms who are talking about innovation but aren't exercising the muscles. Disruption and market transformation will occur (will?

Innovation 100

Innovation Brainstorming Disruption Engagement 100

Jeffrey Phillips

MARCH 23, 2016

The Accenture article goes to great lengths to note that "US executives are unrealistic in believing they have the capabilities they need to achieve their bold innovation goals". The authors go on to suggest that "a significant gap exists between what companies want to do in the area of innovation and what they are able to do".

Survey 100

Survey Innovation Disruption Innovation Processes 100

Paul Hobcraft

MAY 22, 2017

As many of our business organizations seek to optimize their processes across the company, they are constantly reaching more outside to gain growing partnerships and greater innovation interactions. They are looking to complement and reinforce existing capabilities through more open innovation thinking and approaches.

System 159

System Innovation Collaboration Design 159

Qmarkets

MARCH 4, 2025

This article explores 12 thought-provoking innovation quotes, each revealing a key lesson in crowdsourcing, collaboration, idea management , or continuous innovation. Crowdsourcing Innovation Quotes The Power of Collective Intelligence Great ideas dont happen in isolation.

Crowdsourcing 52

Crowdsourcing Innovation Idea Management Collaboration 52

Paul Hobcraft

MARCH 23, 2019

They want to navigate the new world order of digital disruption. Adjusting direction can be difficult for companies that are traditionally slow to change and reliant on legacy products that have historically been successful. These companies should not be “tapping into technology” they should be embracing it full on!

Innovation Management 200

Innovation Management Software Review Management Technical Review 200

Jeffrey Phillips

DECEMBER 16, 2016

At this point in business evolution, every CEO understands the need for more innovation. After a decade of reading about it, getting pounded over the head with the Jobs/Apple story and watching new innovations disrupt entire industries, businesses are starting to react. The first has to do with linking innovation to strategy.

Roadmap 130

Roadmap Underperforming Technical Team Innovation Disruption 130

Tim Kastelle

MARCH 7, 2016

From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

Innovation Management 100

Innovation Management Management LEAN Innovation 100

Legacy Innovation Group

APRIL 1, 2019

When Disruptive Innovation Gets Disrupted. Your organization has conceived the perfect idea for a new product innovation. In fact, it will be the most disruptive innovation in this product category in decades. It must be a very poorly managed company you think. Not true you think.

Disruption 40

Disruption Innovation Technology System 40

Jeffrey Phillips

JUNE 30, 2015

Take innovation for example. No matter where you turn companies and experts are creating all sorts of innovation dichotomies. Products or services? Incremental or disruptive? On the other hand, very little innovation in corporate levels is focused on transformation or disruption.

Innovation 100

Innovation Disruption Agile Competition 100

Qmarkets

AUGUST 23, 2023

What do you think about when you hear the word innovation ? For many people, it evokes brands that created something so new that it changed the way we interact with certain products or services forever: Uber. First Things First: What is Incremental Innovation? Let’s get started. Take Microsoft’s operating system Windows.

Examples 98

Examples Innovation Disruption Innovation Programs 98

Jeffrey Phillips

JANUARY 29, 2016

This is both exciting and terrifying at the same time, because innovation needs to move beyond product innovation, but there comes a time when the reach far exceeds the grasp, and innovation goals or targets become unreasonable. I'm actually glad to see the increasing focus on innovation other than product innovation.

Innovation 100

Innovation Technical Review Product Innovation Disruption 100

Jeffrey Phillips

FEBRUARY 10, 2016

Whether we think about some of the original corporations (like those that governed the tea trade in India and England) or more modern corporations like the US automobile companies or banks, the prevailing wisdom has been to grow large and use size, mass and reach to defeat other competitors. Absolutely not.

Innovation 100

Innovation Underperforming Technical Team Disruption Competition 100

Jeffrey Phillips

SEPTEMBER 14, 2021

But recognizing, validating and implementing new ideas IS hard, and this is why innovation will always be the strange uncle corporations keep in the attic. Every company wants more innovation, to drive better revenue, profits and market share. Innovating once is easy, innovating consistently over time is difficult.

Innovation 120

Innovation Agile Culture Marketing 120

Jeffrey Phillips

FEBRUARY 1, 2016

I saw this one on why the financial services, especially banks, lack a culture of innovation. Having several large financial institutions as innovation customers, I can tell you that any company with a "risk" department struggles with innovation, and the same is true for highly regulated companies or industries.

Innovation 100

Innovation Disruption Tips Culture 100

Jeffrey Phillips

MARCH 15, 2016

The guy who stole a march on Ford, and really defined the automobile company structure that we have today was William Durant. Durant foresaw that people would want a range of products and options. He created what became General Motors by offering people more choice of options, more flexibility and product families.

Underperforming Technical Team 100

Underperforming Technical Team Innovation Product Development Product Innovation 100

Paul Hobcraft

MARCH 7, 2018

Each of these companies; J.P. Impact rating systems can be developed that offer acceptable minimum standards to certify companies and verification and are not actually equally destructive. Buffet’s words “ to apply lots of commitment, probably make some important mistakes, lots of time. I’m not interested in lots of time.

Innovation 196

Innovation Technology Change Entrepreneurship 196

Leapfrogging

DECEMBER 10, 2024

Importance of Innovation in Today’s Business Landscape Innovation is not just a buzzword; it’s the fuel that drives businesses forward in a competitive and ever-changing marketplace. Your ability to innovate determines the sustainability and growth of your company.

Product Development 100

Product Development Strategy Strategy Artificial Inteligence 100

Innovation Excellence

JULY 20, 2016

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.

Disruption 40

Disruption Radical Innovation Conference Marketing 40

Jeffrey Phillips

FEBRUARY 5, 2018

Going through the elaborate motions As a blogger and consultant I make a living talking about the importance of innovation process, that innovation is a repeatable business process that any company can learn and master. Too much focus on the sizzle and not nearly enough on the steak.

Innovation Processes 113

Innovation Processes Tools Marketing Trends 113

hackerearth

DECEMBER 28, 2017

In the late 1990s and early 2000s, just when everyone thought that Apple’s growth had reached a saturation point, the company made a game-changing move. In 2001, Apple introduced an array of products and services beyond hardware and software. Your business model is, therefore, your company’s nidus for innovation.

Disruption 45

Disruption Industry Innovation Competition 45

hackerearth

JANUARY 28, 2018

There are three types of innovation: product innovation, process innovation, and business model innovation.A process innovation is crucial for product innovation, and it facilitates business model innovation, especially with the changes that rapid digitization is bringing with it.

Innovation 75

Innovation Design Thinking Disruption Innovation Processes 75

Paul Hobcraft

DECEMBER 3, 2018

You can follow their work over on innovation-3, where they help companies to set the Scaling-Up of a fully validated innovation concept up for success. The risk of being highly scaled is fast becoming a point of disruption for others. The shedding of legacy can equally liberate innovation.

Innovation 222

Innovation Software Review Design Software 222

Jeffrey Phillips

NOVEMBER 4, 2015

For years people have debated the reasons why some companies innovate and others don't. To some extent, the business models and corporate strategies dictate where and how much innovation is done. For example, when I worked at Texas Instruments, the strategy was to drive costs out of products that other firms created.

Innovation 100

Innovation Product Innovation Strategy Strategy 100

Innovation Excellence

NOVEMBER 14, 2018

Apple is an iconic brand noted for disruptive innovation. In the heat of the digital revolution that it helped spark, Apple’s products became a portfolio of increasingly complex and diverse offerings.

Disruption 78

Disruption Product Development Company Innovation 78