Qmarkets

APRIL 1, 2025

This article explores the role of an idea evaluation matrix in the broader idea management process, detailing what it should includesuch as weighted scoring for fair assessment. Youll also learn how to integrate an idea classification matrix into your innovation process, ensuring that the best ideas receive the attention they deserve.

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Software Review Underperforming Technical Team How To Ideation 59

Qmarkets

NOVEMBER 1, 2024

At its core, open innovation is a collaborative process designed to tap into a wider pool of expertise, which drives faster innovation and lowers the risks and costs associated with new product development. Use built-in evaluation tools, like voting and scoring, to quickly identify high-potential ideas.

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Leapfrogging

NOVEMBER 8, 2024

Here’s a peek at how strategic planning can jazz up your business performance: Key Metric Wingin’ It With a Plan Revenue Growth 2% 7% Market Share 5% 12% Operational Efficiency 60% 85% Want the scoop on mixing strategy with a hint of creativity? Check out our article on mixing business strategy with the innovation process.

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Artificial Inteligence Innovation Internet of things Strategy 113

Leapfrogging

NOVEMBER 8, 2024

Here’s where a sprinkle of innovation can turbocharge your growth: Product Development : Cook up new goods or give current ones a spiffy upgrade to match what folks want. Check the Score : Put systems in place to see how your innovative ventures are paying off. Here’s how to keep it fresh and on the move.

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Strategy Strategy Innovation Artificial Inteligence 113

BrainZooming

JUNE 20, 2019

Suppose you’ve been successful innovating. What new product development strategy might an Idea Magnet employ to pursue a fresh path to new ideas? That’s a question guitar innovator Rick Turner faced. This is Turner’s personal perspective on his new product development strategy.

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Innovation 360 Group

MAY 18, 2020

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. The fastest growing companies interpret innovation through multiple lenses.

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IdeaScale

FEBRUARY 5, 2020

Customers are integral to the product innovation process.?. Product innovation is all about new ideas from both your employees and your customers. Trying to develop a new product without input from your customers is akin to shooting arrows in the dark. Be appreciative. Are you listening?

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Innovation 360 Group

JUNE 11, 2020

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. The post How to Speed Up Your New Product Development Process by 30% appeared first on Innovation360. This applies to both B2B and B2C businesses and across industries.

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IdeaScale

FEBRUARY 19, 2020

Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started. How Does Globalization Impact Innovation Strategy?

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Innovation 360 Group

JUNE 11, 2020

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. This applies to both B2B and B2C businesses and across industries.

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Product Development How To Industry Innovation 52

IdeaScale

MARCH 13, 2018

When it comes to innovation, businesses can often find it seemingly impossible to generate completely new ideas. In these early stages of product development, it can sometimes seem like all of the good ideas have already been taken. The post How to Boost Innovation by Recycling Existing Ideas appeared first on IdeaScale.

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Idea to Value

JANUARY 7, 2022

Explore the future with new opportunities by innovating. As Steve Blank puts it in his foreword to O’Reilly and Tushman’s latest book on the subject: Lead and Disrupt: How to Solve the Innovator’s Dilemma: Exploitation pays your salary while exploration pays your pension. Companies that survive do both.

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Planview

JULY 15, 2022

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. In his paper on Accelerating innovation, Dr. Cooper makes the case that “firms can respond quickly and pivot with innovations.”

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Qmarkets

APRIL 3, 2025

Youll also learn how the product innovation process works and how idea management helps turn raw concepts into products customers actually want. What Is Product Innovation? Leveraging Open Innovation and Collaboration Companies dont need to innovate alone. Find out more here.

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Idea to Value

OCTOBER 20, 2016

The recently published Robert’s Rules of Innovation II: The Art of Implementation teaches readers how to implement an organized work culture of innovation in their organization. However, unless your organization has a culture of innovation in place, progress on the i nnovation front will most likely be stymied.

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Paul Hobcraft

MAY 9, 2024

This is the second post looking more at collaboration and idealization and how and what has helped it evolve in this period. Hopefully, this change has enabled better value creation and learning how to innovate. Ideas and feedback are flowing back and forth throughout the innovation process.

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Qmarkets

JANUARY 13, 2022

As such, more and more of these companies are thinking about how to better structure their innovation exploration activities, often through an ideation platform. Not only is continuous innovation necessary for survival, but also constant refinement and recalibration of existing business models.

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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.

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Innovation Excellence

JANUARY 27, 2019

Every innovative product begins as a concept in the mind of someone or some group of people. How is your company cultivating these seeds? How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product.

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hackerearth

SEPTEMBER 29, 2017

The strategy and the roadmap towards the desired innovation-driven mode are critical. The ‘innovation team’ needs to define what innovation is in the context of your company, and how to ‘get there’. It must identify the milestones and define the metrics and success criteria across the innovation transformation journey.

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Corporate Innovation

JULY 26, 2016

During this transition, the new businesses should receive additional resources from the corporation and their staff be augmented with individuals, particularly executives, who know how to start scaling businesses. And the good news is that it is a problem that is tractable to solve.

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Jeffrey Phillips

MARCH 15, 2016

And you can have any innovation you like, incremental or disruptive, as long as it results in a tangible product. We've even got separate names for the different activities: "fuzzy front end" where ideas are generated, and "new product development, or NPD" for the activities where the ideas are converted into products.

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Leapfrogging

APRIL 10, 2024

They bring stories of success and failure that can humanize the innovation process and make it more relatable. Their talks can be a catalyst for change, encouraging your team to pursue innovation with renewed vigor. By discussing the innovation process, they can: Ignite the spark of ideation and creativity within your team.

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Sopheon

DECEMBER 6, 2022

The food and beverage industry is one of the most interesting and competitive industries when it comes to innovation and new product development. I recently joined Stefan Gates on the Food Matters Live podcast to discuss the latest in food and beverage innovation and new product development.

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Innov8rs

APRIL 7, 2024

By designing processes and strategies that acknowledge the importance of a genuinely sustainable product portfolio, companies can begin to address the nuanced demands of their target markets. The journey is as much about changing consumer perceptions and behaviors as it is about product development.

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Jeffrey Phillips

SEPTEMBER 19, 2017

To ask for innovation without defining a need or opportunity is useless - but to innovate based on a key insight, opportunity or problem is exceptionally valuable. I don't have enough pixels in this blog post to tell you how to do that, but have written about this previously. Unfortunately many people think they are the output.

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Leapfrogging

MARCH 19, 2024

However, with the advent of artificial intelligence in innovation management , these stages and gates are being reimagined. AI technologies offer unprecedented capabilities in data analysis, pattern recognition, and predictive modeling, which can significantly enhance the efficacy of the Stages and Gates process.

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Innov8rs

MARCH 10, 2025

By setting clear criteria at the outset, organizations can avoid misalignment and ensure sustainability is deeply embedded in their innovation processes. Business Model Development: “If sustainability isnt part of your business model, youre missing a massive opportunity. If you only look at the carbon footprint, its easy.

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Imaginatik

JULY 12, 2016

In many cases, it’s the only way to achieve a scale that justifies the often-substantial investments in the development of technical prototypes and operations. In many product development processes, companies tend to create incremental improvements within the fairly well known scope of their current production and distribution scale.

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Leapfrogging

DECEMBER 10, 2024

The progression of AI technology has led to its adoption in several key areas of business strategy, including market analysis, customer service, operational efficiency, and product development. Additionally, consider how AI can enhance not just individual tasks but also your overall approach to ai in strategic planning.

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Artificial Inteligence Strategy Strategy Technical Review 100

Jeffrey Phillips

MAY 19, 2021

Over the next few weeks I'll work up a couple of blog posts about what I think the outbreak, our reaction and the aftermath of COVID can tell us about innovation, creativity, new product development and more. I'm also going to address briefly the need for burning platforms as an impetus for innovation.

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Be-novative

DECEMBER 15, 2020

1st Training of the Be-novative Partner Hub The Be-novative Partner Ecosystem is a Hub of people and resources whose main goal is envisioning, accelerating, and scaling the success rate of both organizational and product-development, creating impactful projects and meaningful solutions locally or globally.

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Be-novative

DECEMBER 15, 2020

1st Training of the Be-novative Partner Hub The Be-novative Partner Ecosystem is a Hub of people and resources whose main goal is envisioning, accelerating, and scaling the success rate of both organizational and product-development, creating impactful projects and meaningful solutions locally or globally.

Ideation 52

Ideation Engagement Learning How To 52

Corporate Innovation

JULY 26, 2016

During this transition, the new businesses should receive additional resources from the corporation and their staff be augmented with individuals, particularly executives, who know how to start scaling businesses. And the good news is that it is a problem that is tractable to solve.

Product Development 40

Product Development Project Management Groups 40

Corporate Innovation

JULY 26, 2016

During this transition, the new businesses should receive additional resources from the corporation and their staff be augmented with individuals, particularly executives, who know how to start scaling businesses. And the good news is that it is a problem that is tractable to solve.

Product Development 40

Product Development Project Management Groups 40

Qmarkets

JANUARY 13, 2022

As such, more and more of these companies are thinking about how to better structure their innovation exploration activities. Not only is continuous innovation necessary for survival, but also constant refinement and recalibration of existing business models. And this is the starting point for innovation portfolio management.

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Commodore Innovation

JULY 25, 2019

1) A new innovation process needs to be measured A new innovation process almost always requires consideration of how to measure its performance. By “new” we don’t just mean: your firm didn’t have any formal innovation activities and processes before, and now it does. Check out online “how to” guides.

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