Leapfrogging

MARCH 18, 2025

Optimize pricing, supply chain, and product development. For example, Apple analyzes the Five Forces to manage supplier relationships, differentiate its products, and maintain pricing power in a highly competitive tech industry. Encourages Innovation and Differentiation Helps businesses stand out from competitors.

Strategy 130

Strategy Strategy Technical Review Competition 130

Leapfrogging

FEBRUARY 20, 2025

For example, a renewable energy company might use Competitive Landscape Analysis to track government incentives, emerging battery storage technology, and new market entrants , ensuring its long-term competitiveness. Identifying Growth Opportunities Helps organizations explore new markets, customer segments, or product innovations.

Analysis 130

Analysis Competition Strategy Strategy 130

Jeffrey Phillips

OCTOBER 7, 2015

While they may be "carved in stone" these examples and others prove that stone can crumble, or smart companies can innovate their way around, under or through them. Product innovation is interesting, and every company should have active, on-going innovation to spawn new products and services.

Product Innovation 100

Product Innovation Innovation Disruption Industry 100

Leapfrogging

MARCH 4, 2025

For example, Patagonias purpose statement is: Were in business to save our home planet. This statement not only reflects Patagonias commitment to environmental sustainability but also shapes every aspect of its business, from product design to corporate philanthropy. Consider: What positive impact does the company make on society?

Strategy 130

Strategy Strategy Culture Project 130

Leapfrogging

MARCH 11, 2025

For example, Google has used OKRs since its early days , helping it scale rapidly by focusing on measurable innovation, product growth, and operational excellence. For example, Googles objective might be : Enhance global search experience to make information universally accessible and useful. quarterly, annually).

Strategy 130

Strategy Strategy Software Review Technical Review 130

Leapfrogging

MARCH 14, 2025

For example, Google applies SMART Metrics to track improvements in search algorithm efficiency, ad revenue growth, and customer satisfaction. For example, Tesla uses SMART Metrics to track production output, battery performance improvements, and global EV adoption rates. Measure performance accurately.

Strategy 130

Strategy Strategy Technical Review Agile 130

IdeaScale

OCTOBER 30, 2019

However, these examples illustrate that once you put a social media campaign out there, you can lose control of it. Gillette, for example, kept receiving notes from customers working as caregivers; it was difficult to use razors to shave someone else. If you do these things, these communities can be a powerful source of innovation.

Product Innovation 100

Product Innovation Strategy Strategy Innovation 100

Leapfrogging

MARCH 7, 2025

Innovation and expansion New product development, market penetration, and technological advancements. For example, Teslas strategic goal is: To accelerate the worlds transition to sustainable energy. For example, Amazons strategic goals include: Expanding global e-commerce dominance.

Strategy 130

Strategy Strategy Underperforming Technical Team Technical Review 130

Qmarkets

AUGUST 23, 2023

Disruptive innovations like these have a legendary status that is richly deserved, but it is actually incremental innovations that are more likely to provide sustainable fuel to drive ROI for your innovation programs year in, year out. First Things First: What is Incremental Innovation? Let’s get started.

Examples 98

Examples Innovation Disruption Innovation Programs 98

Leapfrogging

MARCH 26, 2025

Align innovation goals with market needs and regulatory environments. For example, a startup in the renewable energy sector might use the Context Map Canvas to track government incentives, public sentiment on climate change, advances in battery technology, and competitor activity.

Technical Review 130

Technical Review Roadmap Trends Tools 130

Idea to Value

FEBRUARY 10, 2021

These are all natural, positive human emotions which everyone wants to feel, yet there is a distinct danger that they will interfere with your ability to get practically useful feedback you can use to validate the idea / product / innovation itself.

Innovation 265

Innovation Innovation Processes Product Innovation Creativity 265

IdeaScale

APRIL 14, 2021

Process innovation is the development and application of technology, production method, or method of delivery that’s newly introduced or improved to a notable degree. Product Innovation. Product innovation refers to the creation of a new or significantly improved good or service. Technical Innovation.

Radical Innovation 264

Radical Innovation Innovation Open Innovation Social Innovation 264

IdeaScale

SEPTEMBER 12, 2018

The short answer is “no” but both efforts are important and here’s a brief explanation and an example of each of them. Innovation. Innovation is the introduction of any significant, positive change. An example of a workplace production innovation was a new sick PTO policy co-created by NYU employees.

Policies 206

Policies Innovation Disruption Strategy 206

Destination Innovation

OCTOBER 22, 2017

Where do we need innovation – products, services, processes, marketing, sectors etc? How good are we at innovation today? What is impeding innovation in the business? What type of product innovation do we need? How much incremental and how much radical? What is our attitude to risk?

Innovation 248

Innovation Meeting Conference Tips 248

Jeffrey Phillips

JANUARY 14, 2021

That action may be creating a new product, or developing a new channel or business model. Of course, innovation can span a range of impacts and outcomes, from very incremental product innovation to industry changing business model innovation. Innovation is an action, but it is not often a plan or policy.

Strategy 219

Strategy Strategy Innovation Policies 219

IdeaScale

NOVEMBER 5, 2019

Crowdsourcing is a favored method of gathering data for product innovation. Companies use crowdsourcing for product innovation and focus groups for market research to gather the most relevant and useful data. It gathers informed opinions that help direct the future of the product. We live in the information age.

Crowdsourcing 164

Crowdsourcing Groups Product Innovation Product Development 164

Idea to Value

NOVEMBER 27, 2019

What is important to remember is that innovation is not the responsibility of any one of the specific groups mentioned above. For example, a project team with strong capabilities to deliver innovation can be prevented from succeeding by a management team with inappropriate governance processes. Leading Innovation.

Company 301

Company Underperforming Technical Team Innovation Leadership 301

Leapfrogging

NOVEMBER 8, 2024

It’s all about rolling out the new stuff — whether it’s a snazzy product, an unbeatable service, or a crafty business model. Grasping innovation’s role in your game plan is your ticket to staying ahead. Resource Allocation: Be ready to shell out resources—yep, that’s time, bucks, and some cool tools—for your dream projects.

Course 113

Course Strategy Strategy Technical Review 113

Jeffrey Phillips

MAY 24, 2021

Previously, I wrote that companies will need to focus on business model and process innovation over product innovation. Anyone who creates products and services and simply forecasts that the market and consumers will return to the same level and type of consumption are kidding themselves. You can read that post here.

Change 207

Change Design Thinking Survey Marketing 207

Jeffrey Phillips

FEBRUARY 13, 2019

Business models, channels, data and experiences So where does innovation and digital transformation meet? The problem with innovation to date has been a fixation on product innovation, constantly updating or inventing new products, but with little exploration beyond the product.

Innovation 202

Innovation Comparison Meeting Data 202

Jeffrey Phillips

JANUARY 7, 2019

More importantly though I think we'll see a reframing and repurposing of innovation, as many corporations decide they can't do innovation effectively enough internally and become distracted by digital transformation. Product is Passe Product innovation is so yesterday.

Innovation 203

Innovation Product Innovation Data Tools 203

IdeaScale

AUGUST 22, 2019

EmbraerX’s concept of a short-commute VTOL, for example, definitely pushes boundaries, but it also plays to Embraer’s strengths. The Components of a Productive Innovation Department. The company’s “unfair advantage” of having lots of experience in building aircraft gives structure to the ideation process.

Ideation 196

Ideation Innovation Crowdsourcing Project 196

Jeffrey Phillips

NOVEMBER 27, 2018

When the technology is finally wrapped in the additional features, services, offerings and data that make up a "whole product" then the vast majority of the market is willing to acquire. Moore went on to say that features that were in the expected, whole or ideal product always migrate into the core product.

Technology 174

Technology Tips Product Innovation Data 174

Paul Hobcraft

FEBRUARY 15, 2021

Innovation is our 100% of our focus and we can, without question , advance your knowledge and insights across all of its complexities to be simplified through our workshops, dialogues and discovery approaches. Building the workshop it is deliberately designed to help you need to think through many areas of productive innovation opportunity.

Design 243

Design Engagement Creativity Ideation 243

IdeaScale

OCTOBER 10, 2019

Often, building an innovation ecosystem requires reaching out to partners beyond the traditional bounds of industry. Home improvement chain Lowe’s, for example, wanted to explore 3D printing as a possible extension of their traditional business, so they reached out to partners already in the 3D printing industry. Potential Outcomes.

Management 173

Management Innovation Collaboration Video 173

IdeaScale

APRIL 20, 2021

Product innovation moves companies forward. Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. Dr. Andreas Schneider-Neureither, CEO and founder of SNP, is committed to ongoing product innovation and improvement.

Case Study 130

Case Study Study Idea Management Product Innovation 130

Qmarkets

FEBRUARY 18, 2025

For example, a retailer moving from brick-and-mortar stores to a fully digital e-commerce platform is undergoing digital transformation. Digital innovation, on the other hand, focuses on creating value through technology. Here are four key types of digital innovation. But why is this shift so important?

Tools 59

Tools Crowdsourcing Ideation Innovation 59

IdeaScale

MAY 9, 2018

In order to manage a 500% increase in the volume of ideas, the Sustainable Development Business Innovation (SDBI) group instituted a unique workflow for each campaign (there are four major campaigns in the ideation community) and each workflow included several levels of review.

Product Development 124

Product Development Collaboration Case Study Ideation 124

Business and Tech

MARCH 25, 2022

For example, I’m aware of a brand that is working to get their delivery times down to four days, while current customer expectations are for delivery to happen in less than two days — or even within a day, for that matter. Look to Amazon Style as one example of why retailers must keep their fingers on the pulse of all of these topics.

Artificial Inteligence 130

Artificial Inteligence Data Technology Design 130

IdeaScale

JULY 14, 2021

For example, the COVID-19 pandemic required companies to change how products reach customers. Innovation results in new creations. These can be products, businesses, or both. Startups are a common result of innovation. For example, 7.1% Innovation creates brand awareness by promoting products in a new way.

Ideation 130

Ideation Innovation Trends Industry 130

Jeffrey Phillips

JULY 15, 2019

Your average physical product exists in a space outside of the internet and neither collects, generates or receives data. Take for example my favorite insulated cup that I drink my breakfast beverage from every day. For example, if you capture data, could that have an impact on the cost of the product?

Learning 166

Learning Innovation Data Internet of things 166

Jeffrey Phillips

AUGUST 2, 2019

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation. As we've discussed, here and elsewhere, ad nauseam, there is increasing demand for new products and services, making stretching the capacity of tenuous innovation processes and teams.

Innovation 142

Innovation Data Product Development Innovation Processes 142

Jeffrey Phillips

OCTOBER 6, 2016

Understanding that, we should understand also that the tools that once helped innovators create new products aren't the same tools that we need today when customers demand seamless experiences. Take, for example, "jobs to be done" methodologies. The shift in the use of tools and techniques isn't overly difficult.

Tools 162

Tools Technical Review Design Thinking Innovation 162

IdeaScale

OCTOBER 19, 2021

What Is an Example of a Prioritization Framework? An example of a prioritization framework that innovation teams should consider is the RICE method. The RICE method is a prioritization framework rooted in product management. How Can Companies Use Prioritization Frameworks to Innovate?

Underperforming Technical Team 130

Underperforming Technical Team Innovation Brainstorming Idea Generation 130

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

MARCH 20, 2019

In other words, Doblin's Ten Types are no longer discrete options, no longer an either/or proposition, but become a framework where you may consider all of the "types" for each innovation, and add a few more, to include value for data as an example.

Innovation 174

Innovation Data Software Artificial Inteligence 174

Jeffrey Phillips

JANUARY 10, 2017

Determine what innovation should do for you In the past, all innovation was focused on product innovation, to create new and better products. The real impact (and real return) is in business model, experience and service innovation. Both can leverage open innovation.

Company 100

Company Innovation Disruption Open Innovation 100