Idea to Value

NOVEMBER 12, 2020

That’s because your pace of innovation, or your rate of improvement, has compounding, exponential, returns and thus a clear competitive advantage. As long as you keep improving at that consistent pace, your competitors can only catch you if they move even faster – or if they change the game entirely by disrupting the market.

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Competition Innovation Software Marketing 300

Jeffrey Phillips

JUNE 12, 2019

Today, I'd like to write about sponsorship, and why it is critical to have engaged sponsors for ideas and for innovation. This idea is important enough that I took the extra 30 seconds and looked up the definition of sponsor. I think this is as close as we can get to what an innovation or idea sponsor is.

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Resources Course Innovation Processes Project 175

Jeffrey Phillips

JUNE 15, 2017

Second, describe the benefit to the organization, business or community of an incremental change and/or a radical or disruptive change. Third, give the innovators and entrepreneurs a stake in the outcome. What rationale do innovators have to work on interesting or disruptive ideas if they have no stake in the outcome?

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Innovation Disruption Innovation Processes Culture 157

Leapfrogging

NOVEMBER 8, 2024

To keep expanding your grasp on this, dive into our reads about melding innovation with strategy and tying strategy with the innovation stretch. Pulling in innovation is a must-have in today’s fast-moving scene, as detailed in our note on strategy’s need for innovation in disruptive times.

Underperforming Technical Team 113

Underperforming Technical Team Strategy Strategy Design Thinking 113

Jeffrey Phillips

AUGUST 26, 2021

I've been writing, speaking and consulting about innovation for over 15 years, and I'm constantly amazed by the different perspectives and definitions about innovation. This is because there is little management engagement or support, a lack of preparation and skills, and a narrow definition of discovery and risk.

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Project Underperforming Technical Team Innovation Training 160

Jeffrey Phillips

JANUARY 11, 2021

It's actually not possible to write a short post about innovation, much less the conditions necessary for innovation to succeed, but I've tried to simplify this into nine critical factors for success. With those basics in mind, you can do a lot of good innovation. And, the work isn't free and requires air cover.

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Innovation Agile Culture Product Development 129

Leapfrogging

JUNE 29, 2019

What is the Agile Innovation Process, and what are best practices, tools and online templates for teams and organizations? Still, when it comes to truly tapping into the potential of the agile process, you must look to innovation teams for inspiration. What internal business processes do we need to implement a change?

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Agile Software Development Software Developers Roadmap 100

Jeffrey Phillips

AUGUST 29, 2016

In many corporate settings where we've done innovation consulting we see this play out over and over. They want the outcomes of exciting, disruptive innovation without the variability and costs associated with what happens in the wild. Managers and executives want and need stability, repeatability, predictability.

Innovation Management 113

Innovation Management Management Innovation Product Development 113

Jeffrey Phillips

AUGUST 4, 2015

Incremental to Disruptive While executives talk about "disruptive" innovation, our survey results so far demonstrate that the vast majority of respondents report that their innovation work is very incremental. Two-thirds of respondents to date place their innovation focus at very incremental or incremental.

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Survey Innovation Report Disruption 100

Yet2

MARCH 18, 2021

In many ways 2020 defines the idea of disruption: the entire world went into lockdown, markets fluctuate, and every university and R&D department raced to innovate. Look to products that might not have been a perfect fit before but can be adapted to the moment while you start the direct innovation process.

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Disruption Innovation Resources Agile 52

Jeffrey Phillips

SEPTEMBER 19, 2017

I think we often over complicate the work of innovation, because we believe it cannot be simple and straightforward. After all, how can an activity that can disrupt an industry, create compelling new products or services and reap significant riches be simple? Ideas are simply a waypoint in an innovation process or exercise.

Innovation 125

Innovation Technical Review Trends Exercises 125

Jeffrey Phillips

NOVEMBER 11, 2021

A company needs to make reasonable bets across the incremental, transformative and disruptive horizons in proportions that make sense based on competition and speed of change. Demonstrate that innovation depends on finding the most innovative people, who by definition are rarely the more efficient people.

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Innovation Culture Training Innovation Processes 120

BrainZooming

MARCH 31, 2020

In a recent post, I mentioned a labor strike as a productive analogy for developing strategies during this time of global disruption. We’ve always preached that the definition of strategic doesn’t include a time component. Prioritize Strategic Issues. Ask (and re-ask) what matters right now, in a month, and two months.

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Strategic Thinking Disruption Engagement Innovation Processes 111

Qmarkets

AUGUST 20, 2024

The Key Components of an Innovation Framework An effective framework is built on several key components that work together to ensure a systematic and successful approach to innovation. These components provide the structure needed to guide the entire innovation process , from idea generation to implementation.

Software Review 52

Software Review Innovation Software Design Thinking 52

IdeaScale

OCTOBER 18, 2017

Here are some common approaches to this problem: Look for Creative Employees Creativity is most definitely a component of innovation, but only one component. It turns out there are seven other skills that drive innovation business results. These are the 8 instrinsic skills required for success in innovation.

Underperforming Technical Team 100

Underperforming Technical Team How To Innovation Creativity 100

Jeffrey Phillips

MARCH 15, 2016

There's an innovation analogy today Currently, many innovation teams are shaping up a lot like Henry Ford's company. Instead of cars, they are working on innovations. And you can have any innovation you like, incremental or disruptive, as long as it results in a tangible product.

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Underperforming Technical Team Innovation Product Development Product Innovation 100

Jeffrey Phillips

AUGUST 13, 2021

The worst thing you can do is to start with a poorly identified opportunity or problem, or fail to fully understand the scope (incremental or disruptive) or type (product, service, business model) of innovation that is expected. The wrap up So, there's a logic tree that ends this post.

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Underperforming Technical Team Innovation Tools Training 129

Paul Hobcraft

JULY 25, 2016

So we recognise digital transformation needs to lead somewhere, well it is really most likely to fundamentally alter your (innovation) business model. I like this as a definition to tighten down digital but it opens us up to the darker side of digital transformation, the risk of digital disruption.

Innovation 133

Innovation Technical Review Technology Disruption 133

Imaginatik

SEPTEMBER 30, 2016

A great deal of activity has been happening under the topic of ‘open innovation’, however we have found very different initiatives launched by our clients that challenge a common definition of the term. The open innovation process here self-organizes the proper fit for start-up-to-problem-solution pairing.

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Open Innovation Ideation Innovation Internet of things 100

Leapfrogging

DECEMBER 10, 2024

By integrating innovation into your business strategy, you can achieve: Increased market share Enhanced customer satisfaction Greater operational efficiencies Improved profitability To illustrate the tangible benefits of innovation, let’s look at some disruptive innovation examples that have redefined industries and reshaped consumer behavior.

Product Development 100

Product Development Strategy Strategy Artificial Inteligence 100

Jeffrey Phillips

APRIL 29, 2015

Also embedded in this idea is the concept that people must be trained on innovation tools and processes. A definition of innovation. What is innovation for your company? Incremental change or disruptive change? They argue that many companies don't measure innovation. One of my favorites.

Innovation 100

Innovation Tools System Training 100

mjvinnovation

APRIL 11, 2019

The English term inbound open innovation refers to a type of innovation that happens when a company appropriates an innovative idea created by other entities, so that it can be transformed through its own innovation process, in order to generate value for itself. Open innovation benefits.

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Open Innovation Technical Review Innovation Innovation Processes 40

Paul Hobcraft

AUGUST 7, 2015

Yet far more of our business organizations are continuing to really struggle on their innovation activity for a whole host of reasons that seem never-ending, disappointing in end result and stuck in management quicksand to ever really change. For me, the process and management of innovation really does need to be definitely questioned.

Innovation 100

Innovation Technical Review Innovation Processes Underperforming Technical Team 100

Tim Kastelle

JANUARY 13, 2016

You tell everyone what you’re disrupting. And here are the symptoms of Innovation Theatre inside an organisation: You talk a lot about what Google Apple would do. You buy innovation management software, and expect it to create innovation. You need to build an innovation process. Instead, let’s act.

Innovation 100

Innovation Entrepreneurship Design Thinking Resources 100

Paul Hobcraft

JULY 25, 2016

So we recognise digital transformation needs to lead somewhere, well it is really most likely to fundamentally alter your (innovation) business model. I like this as a definition to tighten down digital but it opens us up to the darker side of digital transformation, the risk of digital disruption.

Innovation 120

Innovation Technical Review Technology Disruption 120

etventure

OCTOBER 26, 2016

So, the industry simply carried on with business as usual – putting innovation on the back burner. Disruption Defined. What is the essence of disruption? Our definition – “when an innovator finds a way to deliver the product or service you offer in a radically better way than you do.”. The Threat.

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Disruption Radical Innovation Industry Engagement 67

Jeffrey Phillips

APRIL 18, 2016

I find that I've become increasingly irritated with all of the narrow interpretations and self-serving definitions of what is, or isn't, innovation. I'm happy to climb up on a soapbox again to talk about one of the most common scapegoats for innovation, the act of brainstorming. How disruptive or incremental should the ideas be?

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Brainstorming Underperforming Technical Team Idea Generation Groups 100

PlanBox Innovation

MAY 10, 2022

This article originally appeared on Innovation Leader. Launching an innovation management system does not have to be guesswork, and it is a lot easier than most organizations imagine it to be. Innovation by definition is very different from typical business processes, and it should be in a constant state of flux.

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Innovation Management Management Innovation Innovation Programs 78

Econic

APRIL 10, 2018

But if you don’t start believing that you need to disrupt yourselves before somebody else does, you’re likely going to get disrupted by somebody else. Lots of times, it’s just too difficult to ask the same people working on what your business is already doing to spend time breaking or disrupting it. Governance & Metrics.

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How To Innovation Innovation Programs LEAN 109

Leapfrogging

DECEMBER 10, 2024

Innovation Acceleration: By leveraging AI in product and service development, you can speed up the innovation process and bring new offerings to market faster and more efficiently. A suggested framework might include the following stages: Goal Definition : Clearly define what you aim to achieve with AI.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Technical Review 100

Econic

MAY 23, 2019

But if you don’t start believing that you need to disrupt yourselves before somebody else does, you’re likely going to get disrupted by somebody else. Lots of times, it’s just too difficult to ask the same people working on what your business is already doing to spend time breaking or disrupting it. Governance & Metrics 1.

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How To Innovation Innovation Programs LEAN 98

Paul Hobcraft

AUGUST 1, 2016

Crowdsourcing does have both the potential to point towards disrupting possibilities, extends the concept of open innovation into a wider source of participation from a diverse community not possible to reach by other means as effectively. A definition of crowdsourcing that does seem right to me.

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Crowdsourcing Engagement Collaboration Resources 113

Strategyn

JUNE 20, 2017

The job-to-be-done, by definition, is always bigger and more encompassing than a product category. One Job Manager would have been focused on helping businesses “obtain new customers”, a job that was better addressed and disrupted by non-traditional competitors. They would have created two Job Manager roles.

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Management Marketing Disruption Training 84

Innovation Excellence

AUGUST 4, 2020

Unfortunately, too many corporation’s investment practices measure the return on individual innovations rather the return on the portfolio of innovations. At the end of that exercise you get an appreciation of the nearly infinite field of innovations available to you.

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Innovation Technical Review Brainstorming Exercises 83

Innovation 360 Group

SEPTEMBER 14, 2015

We are probably in the middle of the biggest disruptive change in the market since industrialization. To succeed, companies need greater crisis awareness, the right skills and tools, and a clear plan with definite milestones. The solution is an innovation process that shortens the time from prototype to launch.

Disruption 40

Disruption Meeting Underperforming Technical Team How To 40

Tim Kastelle

FEBRUARY 21, 2015

Organizational stumbling blocks to innovation culture. If we stick to the definition above, a culture directs and rewards certain behaviors and traits being in compliance with organizational values. Organizational and cultural drivers for breakthrough innovation . Breakthrough innovators (i.e. Culture of experimentation.

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Culture Radical Innovation Innovation Underperforming Technical Team 100

IM Insights

OCTOBER 9, 2023

Innovation is not synonymous with good and innovation practitioners are not necessarily making the world a better place. Innovation: Good Intentions May Not Be Enough Dams for Hydropower: Built to harness clean energy from rivers, they’ve often disrupted local ecosystems and displaced communities.

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Innovation Artificial Inteligence System Design 52