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To keep your business on top of its game, you need to understand how innovation and strategic planning work together. Strategic planning maps out how you’ll crush your long-term goals, and stirring some innovation into the mix helps your business roll with whatever curveballs the market throws.
Innovation Rate Anything fresh on the menu lately? For a deeper dive, see how to marry business strategy and innovation. Pinpointing these gaps lets you tweak and twiddle your strategy into a lean, mean innovation machine. For further intel, drop by our piece on integrating innovation into planning.
Recently, I was speaking with a corporate client about a challenge they were having with their innovation process. They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue.
Ideas are vital to innovation. They are the seeds from which every innovation grows. When it comes to overseeing an idea management program involving thousands of employees or customers, it is crucial that the process is structured in a way that helps participants to generate the best ideas.
The image here is the list of exactly which capabilities your company needs to succeed at innovation. Almost every business leader will tell you that they value innovation and that it is a positive & important factor for their company. However, why is it then that approximately 96% of innovation efforts fail ?
A question I get a lot is: Why isn’t the Lean Canvas laid out more logically? Lean Canvas The main reason for this particular layout was legacy. Lean Canvas was derived from the Business Model Canvas. To compensate for usability, I published a suggested fill order in my first book: Running Lean. Which is the right order?
Recently, well actually, over the past twelve or eighteen months, I was asked to explore and explain different frameworks that the innovator might need to know or at least have an opinion upon. “Six Sigma aims to take any uncertainties (variability) out of a process while innovation by definition induces uncertainties.
Collaboration, Idealization and the enabling of innovation I have have been looking back at innovation and how it has changed over the last twenty-five years. In a series of three posts, I have asked Google’s Gemini to answer five questions to track and trace the progress innovation has made and where it seems to be heading.
In my last post , I described how sketching an idea on a Lean Canvas is akin to stacking a chain of beliefs. The real challenge isn’t ideageneration, but idea validation. The idea sweet spot But tackling all three risks at once can be overwhelming. Download the Lean(er) Canvas PDF here.
Innovation management in business is quite similar; it requires a blend of talented people, structured processes, and powerful platforms to orchestrate success. In this article, we explore how to master innovation management from three vital perspectives: people, process, and platforms. Managing Innovation: What Does it Involve?
Innov8rs | Youve spent months, maybe even years, developing and validating an innovative concept. Will the operational teams fully understand the innovation? Or will it become just another great idea that never reaches its full potential? This is the frustrating reality for many corporate innovators.
I've been asked a number of times, by companies large and small, how to create an innovation capacity that lasts. 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. First, make innovation important to the CEO and the executive team.
Ideas are vital to innovation. They are the seeds from which every innovation grows. When it comes to overseeing an idea management program involving thousands of employees or customers, it is crucial that the process is structured in a way that helps participants to generate the best ideas.
Without a Clear Purpose, Innovation Drifts Off Course. Innovation Leaders sometimes get it backwards. In the innovation space there is endless discussion about frameworks. Just kidding, Design Thinking can be a good choice, as can Agile, or Lean, or your own blended system. This wastes Time and Money. Which is best?
Unleashing Innovation with the Best Keynote Speakers Importance of Keynote Speakers in Corporate Events Keynote speakers play a pivotal role in corporate events, as they have the power to set the tone and energize the audience. They bring stories of success and failure that can humanize the innovation process and make it more relatable.
The idea I'd like you to contemplate until my return is that we are all making innovation far too complicated, and we need to stop dressing up the activity with lots of talking points and stop working ourselves and our management into a tizzy about commitments and investments. Innovation requires time.
The biggest challenges in corporate innovation and how to navigate them. Corporate innovation is hard. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts. No compelling vision or reason to innovate.
Together, we will help businesses across Asia implement continuous improvement processes and nurture an innovation culture to drive efficiencies, build resilience and unlock growth potential. OmniStrada and Qmarkets will provide businesses with a proven solution to continuously find and implement new ideas.
The biggest challenges in corporate innovation and how to navigate them Corporate innovation is hard. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts. Vision & Leadership 1.
From my perspective I’ve been looking at a real challenge today, that many consultants offering innovation services are not providing real sustaining consulting value to clients, only ad-hoc services. In many ways, the consulting industry specializing in innovation is its own worst enemy.
A question I get a lot is: Why isn’t the Lean Canvas laid out more logically? Lean Canvas The main reason for this particular layout was legacy. Lean Canvas was derived from the Business Model Canvas. To compensate for usability, I published a suggested fill order in my first book: Running Lean. Which is the right order?
What You Should Be Learning in Innovation Training. Eleven Innovation Bullets to Dodge, in no particular order. Lack of Managment support will effectively kill any innovation program no matter how well conceived. Design Thinking alone will not guarantee success (or any other framework, Agile, Lean, etc.).
What’s Really Needed is an Innovation MoshPit. I’ve been touting concept blends in innovation for some time. My reason is simple, it’s a fast path to new and different ideas. From the Printing Press to the iPhone, big new market-creating innovation happens when concepts from two different domains are combined.
Innovation Intensive . Master Innovation Trainer: Gregg Fraley. Course Description: Innovation Intensive is a one day, deep dive, into fundamental and advanced concepts in innovation. It includes an overview of key frameworks ( Design Thinking, Agile, Lean, TRIZ, Synectics, Stage-Gate, CPS ) and their essential tools.
To make innovation happen takes time. I don’t mean the time it takes for your innovativeideas to mature into their full revenue-generating glory. I mean the time it takes employees to develop insights, generateideas, and elaborate and test business models. Recognize that innovation is a social process.
Training Accelerates Innovation. 94% of managers are unsatisfied with their companies innovation performance. 70% of CEO’s see innovation as a key driver of growth. Why then is corporate America so woefully undertrained in innovation fundamentals? Energy is Not Enough, Get Training in Innovation .
The biggest challenges in corporate innovation and how to navigate them. Corporate innovation is hard. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts. No compelling vision or reason to innovate.
Innovation Fundamentals for Leaders. Invest in Frameworks, But First, Establish a Culture Where Innovation Thrives. For results, leaders need to foster innovation fundamentals and integrate them into organizational culture. More structure is needed as fundamentals take hold, and that means an innovation process framework.
Three Oaks, Michigan, Wednesday April 21st, an announcement on International Creativity and Innovation Day. For organizations, MCPS is a foundational framework for building a culture of constant creative improvisation in order to innovate. Gregg’s a leading theorist, speaker, facilitator and trainer of creativity and innovation.
An innovation pipeline acts like the lifeline of your company’s growth, channeling fresh ideas through a structured process to transform them into market-ready products. However, navigating the complexities of innovation processes requires strategic planning, expert involvement, and robust measurement techniques.
Nine Questions CEO’s Should Ask About Innovation. He’d asked me what I did and when I told him I was an innovation consultant, his eyebrows raised. I added my punchline, “because if you’re not doing projects you’re not doing innovation.” Are people empowered to innovate? ” “What!
In my last post , I described how sketching an idea on a Lean Canvas is akin to stacking a chain of beliefs. The real challenge isn’t ideageneration, but idea validation. The idea sweet spot But tackling all three risks at once can be overwhelming. You can create a Lean(er) Canvas at LeanCanvas.com.
Innovation within a large organization doesn’t happen by chance. It requires a deliberate approach, using structured techniques that not only generate fresh ideas but also solve complex problems and bring those ideas to life. Both play a crucial role in driving enterprise innovation, but they serve distinct purposes.
If you’re in the Chicago or Denver areas, check out these innovation training course offerings. Gregg Fraley Innovation (GFi) is offering three public courses in late October and early November. Innovation Intensive, Beyond Design Thinking. A truly innovative culture? Streamlined management of innovation projects.
This article was co-written with Frank Mattes from Dual Innovation and innovation-3. The race is on for companies to find big, explorative or even “disruptive” innovationideas. There is a huge noise around what companies should do to find the big ideas. Vehicles used for the corporate innovation race.
The 30 minute weekly webinar features demonstrations of various facilitation tools for: strategy, challenge clarification, ideageneration (aka brainstorming), problem framing, idea selection, innovation projects, and idea development, etc. Sessions begin on Thursday March 18th. Thinking Differently Takes Tools.
For companies that aim to lead rather than follow, innovation is an indispensable activity. However, the challenge lies not just in generating new ideas but in harnessing them effectively. Without a structured approach, even the most promising ideas can falter. This is where an innovation framework becomes indispensable.
The same is true for innovation within an organization. Innovation process models serve as navigational charts, guiding businesses from idea inception to successful execution. What is an Innovation Process Model? What is an Innovation Process Model?
Innovation ca feel a lot like that — your competition is a big tough impossible-to-beat player like Superman. I’m going to be like a broken record in this blog post ( I wrote a similar one a year ago ): If you don’t have an Innovation Plan, you aren’t doing innovation. Or your toast.
This is part three of a three-parts article co-written with innovation-3 ‘s Frank Mattes. The first part highlighted that radical and incremental innovation build on two different innovation set-ups (exploration and exploitation, respect. New research: ambidexterity well done is a key driver for innovation performance.
Innovation is complex and difficult — but one thing about it is not. What’s quite simple about innovation is that projects are what make innovation real. are Not Innovation. Thinking about things is not innovation. Having beers and kicking ideas around are not innovation.
The Innovation Imperative… growing innovation culture and capacity. If you want an organization to survive, you must innovate. But innovation is more than survival, it’s the heart beat of an organization. It advocates that innovation is an exciting part of everyone’s job, not “extra work.”
Why and How are Billions in Potential Innovation Left On The Table? Innovation is Fresh Combinations . Fresh combinations of technologies, processes, materials, people, trends, concepts, and other factors are what creates innovation. How much innovation is being left on the table by ignoring cross-domain concept blends?
We’re already at the 10 year anniversary of the Lean Startup. ideas that went on to spark the global Lean Startup movement. By now, “almost everybody building products” has at least heard the term and has been exposed to the big ideas. I’m always happy, for instance, to see Lean Canvas posters in conference rooms.
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