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Innovation project or Innovation Capability?

Jeffrey Phillips

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. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

Project 160
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What is innovation? 15 experts share their innovation definition

Idea to Value

I spoke to 15 of the world’s leading innovation experts to get their definition of “innovation” The variety in their responses may surprise you. Analysis of all the definitions. The ultimate definition of innovation. Innovation is truly a confusing buzzword which many people love to hate.

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Every idea needs a sponsor

Jeffrey Phillips

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.

Resources 175
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Innovation fundamentals: using time effectively

Jeffrey Phillips

I've written previously about having a bias for innovation in your culture , seeking and finding important and unmet needs or opportunities , and introducing discovery and exploration in your innovation process. That is the time that individuals and teams can commit to any specific innovation project.

LEAN 155
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Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

Companies that have a rapid pace of innovation, by definition, have both of these covered. Here are some tips that we’ve seen be helpful for accelerating the pace of innovation pretty much regardless of the industry. That is partly a matter of mindset, and partly a matter of practical capabilities. Iterative, agile approach.

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Conditions for innovation to succeed

Jeffrey Phillips

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. Want more innovation? Guess what's for lunch?

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Building a lasting innovation capability

Jeffrey Phillips

Note that what my clients are asking for is to create an innovation capacity that outlasts a product need, or market gap, or executive team member. After all, most (probably 90%) of all innovation projects undertaken in large corporations are reactive projects trying to respond to a market threat or competitive move.