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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams. While it is not all bad news for innovation teams, there are major challenges ahead, not only for the innovation teams themselves but also for the way they work with the rest of their organisations.

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Ambidextrous organisations: Where innovation should sit in an organisation

Idea to Value

Exploration on the other hand requires a mentality where not everything is known, new ideas need to be developed, tried, iterated and improved, and not everything that is attempted will work out as it was planned. Fits into existing organisational design. Option 2: Innovation teams within each company brand / product unit.

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Innovation project or Innovation Capability?

Jeffrey Phillips

Innovation theater is very similar to what ecologists call "greenwashing" and both are bad for their respective movements. No, today I want to talk about the differences and problems when companies focus on innovation as a discrete project, versus what they really need, innovation as a competency or capability.

Project 160
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15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations. They can cite a number of seemingly valid reasons for this, including: My team hasn’t got the time to resources or time to take ownership of this new thing.

Company 251
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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.". But by then, it may be too late.

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Status Quo bias: Why people are resistant to change

Idea to Value

In innovation projects, we often hear about companies resisting a change to the status quo. As a result, many innovation projects fail at the final hurdle, when they are asked to actually implement the change they were designed for. How then should we ever hope to achieve change in ourselves, our teams and our companies.

Change 257
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What Is Corporate Social Innovation? Understanding the New Driver of Change

IdeaScale

For example, rather than saying your aim is to deliver nutritious food to the poor, you can say that the goal is to increase distribution of nutrients to a population with a particular income by 100% in the next 2 years. This will allow you to know whether you underperformed or not. It must be specific and should have deliverables.