This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Companies that embrace White Space Innovation aim to break out of stagnation, stay ahead of disruption, and create long-term competitive advantage. Analyze Emerging Trends and Disruptions White space opportunities often stem from shifts in: Technology (e.g., Then cluster needs by urgency, prevalence, and strategic relevance.
For insights into how agile integrates into newer practices, explore how it aligns with the lean startup methodology , which emphasizes the MVP concept for efficient product validation. Agile product development is a powerful approach that can help you navigate the complexities of today’s disruptive world.
Enter Lean Six Sigma Management (LSSM), a proven methodology that combines the best of two worlds: Lean’s focus on reducing waste and Six Sigma’s emphasis on quality and consistency. What is Lean Six Sigma Management? Improve : Implement targeted solutions, leveraging Lean and Six Sigma tools to optimize processes.
How to Avoid These Pitfalls Ive helped clients implement practical solutions to these common challenges, such as: Developing a Comprehensive Project Plan (for waterfall projects): Establish a clear roadmap with defined objectives, timelines, and resource requirements to ensure alignment from the start. Leverage A.I.
Every company needs to simultaneously optimize their existing business model (sustain) and search for the next evolution of the business model (disrupt). A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean.
Discontinuous Innovation is also used interchangeably with “radical” or “disruptive” innovation. Thus the “Netflix Effect” was born, revolutionizing the way we watch movies and TV and disrupting the entire entertainment industry. Hyper-personalization disrupts many sectors creating unique products and designs for customers.
Even with the proliferation of lean startup, design thinking, innovation labs, accelerator programs, hackathons and innovation marathons, crowdsourcing and a host of designer canvases that keeps pushing our advancement along, success is still piecemeal and random.
Although failure is a stigma to the corporate world, Eric Reis, a Silicon Valley entrepreneur-turned-VC-turned author and founder of Lean Startup Movement, encourages companies to embrace the concept of “failing fast”. They adhere to lean principles of product development. BuzzFeed and Shyp are the perfect examples here.
Every company needs to simultaneously optimize their existing business model (sustain) and search for the next evolution of the business model (disrupt). A brief history of the Continuous Innovation Framework The early scaffolding for the Continuous Innovation Framework was described in my first book: Running Lean.
I could outline countless ways to work through different examples, set about a strategic and operational digital transformation roadmap, to combine effective knowledge from people and excellence gained from what you need to do in IT and your technologies to get this going, but I will not here, as this is an opening primer, not a solution.
AI is further accelerating the pace of disruption and widening the gap between digital leaders and laggards. Generating Strategic Insights Quickly To make this concrete, assume that I am a seasoned executive at an enterprise organization but only have a cursory knowledge of the concepts of flow, lean, and Agile that my teams use for planning.
Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). Stop thinking linearly and start thinking exponentially Focus on the future, not the past.
They may also delve into methodologies like lean startup principles and agile development to illustrate how continuous testing can lead to successful outcomes. Drive Change Speaker with a strong message on embracing disruption. Risk-taking Environment : Discuss the necessity of creating a safe environment for taking calculated risks.
One doesn’t have to own her or his own business – it’s anyone who wants to affect this change and disrupt and improve, even within the confines of a large corporation. brand, Jason’s Lean Change Management book and workshops, and Learning 3.0’s
I could outline countless ways to work through different examples, set about a strategic and operational digital transformation roadmap, to combine effective knowledge from people and excellence gained from what you need to do in IT and your technologies to get this going, but I will not here, as this is an opening primer, not a solution.
Of course, speaking to customers about their problems without having any defined product or solution roadmap in mind may seem awkward and even scary to many corporate employees (especially engineers and product developers). Stop thinking linearly and start thinking exponentially. Focus on the future, not the past.
I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. I’ve been working with Richard, a mid-level executive in a large federal agency facing increasing external disruption (technology shifts, new competitors, asymmetric warfare , etc.).
The purpose of an innovation process model is to reduce uncertainty and risk by providing a clear roadmap. Cyclical and Iterative Models Cyclical and iterative models, such as the Agile or Lean methodologies, focus on continuous improvement through repeated cycles.
It’s easy to set an ambition to create a pipeline and portfolio of new ventures and investments that disrupt existing markets and create new ones. To succeed with corporate venture building, lean on one of the main resources you already have: your people. It’s easy to say “we need a growth engine”. The question really is – how?
This helps organizations build the right product and make informed decisions about their product roadmap. Other Resources : Here are 11 online communities product managers could find helpful BRANT COOPER, The New York Times bestselling author of The Lean Entrepreneur and Disruption Proof and CEO of Moves the Needle.
This is the land of Operational Excellence, using classical methods like Lean Manufacturing and Six Sigma. This is the land of R&D Managers developing Technology Roadmaps and Product Managers developing Product Roadmaps to plan out the year-by-year evolution of their respective technology and product portfolios.
Based on your (sub-) strategies you can develop business model options which have to be checked for their market viability in a lean and agile manner. The most promising options are then prioritized based on adequate criteria and translated into a roadmap which can be used to plan and manage the project implementation.
However, by understanding how the prices are going to behave, you can plan your product roadmap accordingly. In most cases, to be able to be competitive when the price reaches the desired threshold, you need to already have sufficient experience and scale. A great example of this is Tesla.
When starting out on an innovation initiative, it’s far better to make use of the resources you have at hand than to start totally from scratch – that is, try to adopt lean practices wherever possible. Here are just a few of the exciting new developments on our customer success roadmap: ?
Of course, failure can be damaging to daily business but only letting a room for risk can lead to disruptive innovation. The term comes from the English and is based on the Lean Startup Model by Eric Ries. There is still some negative feeling and judgment behind the word failure.
For these types of problems, conventional strategies like strategic roadmapping, traditional R&D labs, and using acquisitions to bring new resources and skill sets into the organization are usually effective. The Explainer: Disruptive Innovation. See More Videos > See More Videos > Disruptive innovation.
She has mentored several hundred startups amongst other as an investor at next startup ventures , lead mentor in the Rockstart accelerator programs and lean startup machine weekend. Because if there’s no second system , there’s not going to be disruptive innovation. Make sure to check them out. Hi , Ester.
automakers took decades to adopt lean production methods despite the obvious benefits from increased productivity and lower work-in-process inventory. NUMMI) in California, did not deploy lean manufacturing across the company for decades despite the clear advantages. the basic oxygen process and continuous casting).
We know that it is awfully hard to predict outcomes (especially for very early disruptive opportunities) but we want to try to do it anyway. Innovation Strategy Canvas and Roadmap – Benchmark and plan for the evolution of the innovation system. The whole lean-startup, test and learn movement is directed at doing precisely this. [4]
Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. The Disruptability Curve presented in my previous blog , is a modest addition to this collection. The Disruptability Curve has two axes.
Chief among these are the Blue Ocean strategy, Business Model Generation and Lean Startup methodologies that deservedly attracted many followers. The Disruptability Curve presented in my previous blog , is a modest addition to this collection. The Disruptability Curve has two axes.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content