Idea to Value

JANUARY 17, 2025

Businesses often seek to prove that a new idea, product, or service will succeed before they commit resources to launching it. This prevents innovation inertia or the sunk cost fallacy , the tendency to pour more resources into an idea simply because youve already invested heavily in it. Consider a company developing a new app.

Survey 178

Survey Innovation Analysis LEAN 178

Leapfrogging

APRIL 3, 2025

In innovation projects, the MVP approach helps businesses explore ideas, experiment with solutions, and learn through real-world interactions. Its a central concept in lean startup methodology and a powerful tool for product development teams looking to accelerate progress while conserving resources.

Software Review 130

Software Review LEAN Development Team Review Roadmap 130

Paul Hobcraft

APRIL 6, 2021

Prescriptions are focusing on best practices, adopting popular concepts like design thinking, lean startups principles, having innovation boot camps and working through co-creation with customers. ” The value of the innovation narrative is it should offer beliefs about the company’s ability to innovate.

Innovation 318

Innovation LEAN Engagement Innovation Processes 318

Leapfrogging

NOVEMBER 8, 2024

It gives the big shots at the top a game plan, making sure resources aren’t thrown around like confetti at a parade. Check out our article on mixing business strategy with the innovation process. The Perks of Innovation in Your Game Plan Let’s face it: innovation is the secret sauce in any killer business strategy.

Artificial Inteligence 113

Artificial Inteligence Innovation Internet of things Strategy 113

Paul Hobcraft

MAY 9, 2023

Many tools, techniques, frameworks, mechanics, and emerging methodologies have allowed different parts of the innovation process to be explored and exploited. We are moving innovation along but not at a pace or design that reflects the need to connect “it ” into one comprehensive process.

Artificial Inteligence 182

Artificial Inteligence Technical Review Innovation Agile 182

Idea to Value

JULY 21, 2017

Even if they have agreed on the importance of innovation and have set up teams or departments to develop new value-adding, innovative products and services, these products may end up never being launched because nobody in the existing business units will take responsibility and take the risk of launching them.

Company 254

Company Innovation Brainstorming Underperforming Technical Team 254

Jeffrey Phillips

FEBRUARY 4, 2020

I've written previously about having a bias for innovation in your culture , seeking and finding important and unmet needs or opportunities , and introducing discovery and exploration in your innovation process. Agile, lean and rapid methodologies meant to accelerate the innovation cycle?

LEAN 155

LEAN Innovation Agile Project 155

Paul Hobcraft

MAY 9, 2024

Ideas and feedback are flowing back and forth throughout the innovation process. This iterative approach is driving innovation by ensuring that solutions are aligned with user needs and market realities. Everyone in the innovation process can contribute, regardless of their position or role.

Collaboration 147

Collaboration Artificial Inteligence Ideation Agile 147

etventure

NOVEMBER 30, 2016

Friedrich Arnold, Senior Project Manager at etventure, explains how manufacturers can embrace the Lean Startup methodology as the centerpiece of their Digital Transformation. Proudly, the Head of Production explained to me: “We use Lean Production – meaning we eliminate waste from our manufacturing process.”

LEAN 56

LEAN Underperforming Technical Team Project Technical Review 56

Innov8rs

FEBRUARY 10, 2025

At the recent The Innovators Handbook 2025 Launch Event, Michael McCarthen, an innovation leader at Chick-fil-A, Frank Mattes, founder and CEO at Lean Scaleup, and Gina OConnor, a Professor of Innovation Management at Babson College, shared how to navigate these barriers and make innovation a long-term success.

Leadership 52

Leadership Handbook LEAN Project 52

Qmarkets

AUGUST 2, 2024

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 Processes 52

Innovation Processes Innovation Innovation Management Disruption 52

Integrative Innovation

MAY 3, 2014

The resonance to my recent post on integrating Lean Startup and Design Thinking features to a combined process has been stunning. Interestingly, it looks like others support the idea of balancing and combining elements of both innovation approaches, too. It really seems to have hit a nerve!

LEAN 96

LEAN Design Thinking Innovation Design 96

Paul Hobcraft

JULY 5, 2017

Even though we have so many new initiatives going on in the larger organizations to keep the troops happy and hopefully engaged they are not making the level of difference that innovation is expected to achieve. We continue to push our innovation concepts inside an organization that seems determined not to listen.

Innovation 178

Innovation Design Agile Innovation Processes 178

Leapfrogging

DECEMBER 10, 2024

The lean startup methodology emphasizes the importance of agility and learning, with a mantra of “build-measure-learn” to minimize waste and speed up learning. This iterative process aligns with the lean startup methodology and agile product development practices, which emphasize flexibility and rapid iteration.

Product Development 100

Product Development Strategy Strategy Artificial Inteligence 100

Moves the Needle

SEPTEMBER 21, 2018

Lean Innovation Case Study: Bringing a New Product to Market Don’t have time to read the whole article? Online automotive resource Edmunds.com has a mission to make car buying easy. This is the story of how Edmunds.com used Lean Innovation practices to make their mission a reality.

LEAN 58

LEAN Case Study Innovation Study 58

Paul Hobcraft

APRIL 6, 2021

Prescriptions are focusing on best practices, adopting popular concepts like design thinking, lean startups principles, having innovation boot camps and working through co-creation with customers. ” The value of the innovation narrative is it should offer beliefs about the company’s ability to innovate.

Innovation 130

Innovation LEAN Engagement Innovation Processes 130

Paul Hobcraft

APRIL 6, 2021

Prescriptions are focusing on best practices, adopting popular concepts like design thinking, lean startups principles, having innovation boot camps and working through co-creation with customers. ” The value of the innovation narrative is it should offer beliefs about the company’s ability to innovate.

Innovation 130

Innovation LEAN Engagement Innovation Processes 130

Paul Hobcraft

MARCH 27, 2018

The importance of big data, the speed of technology adoption, mobile products, digital design, and technology platforms are at the heart of innovation. It will fundamentally change the type of resources innovation requires. This agility needs the tools of testing, feedback, and adaptation to accelerate the innovation process.

Innovation 185

Innovation Radical Innovation Agile Design 185

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.

Innovation 113

Innovation Ideation Innovation Processes Leadership 113

Steve Blank

OCTOBER 10, 2017

The Office of Naval Research (ONR) has been one of the largest supporters of innovation in the U.S. Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. The result will be defense innovation with speed and urgency. Lean Innovation is a Process.

LEAN 44

LEAN Innovation Processes Project Technology 44

Tim Kastelle

MARCH 7, 2016

It requires a more deliberated approach, such as the lean startup process, design thinking or a combination thereof. Tip: Tim Kastelle has posted a worthwhile series on how to implement lean startup for innovation initiatives.

Innovation Management 100

Innovation Management Management LEAN Innovation 100

Paul Hobcraft

OCTOBER 22, 2017

What started me on a given innovation “tack”was for a long time I have seen an awful lot of opinions, solutions, concepts that have been breaking down innovation into its many parts. The practice of lean thinking, design thinking, visual thinking have increasingly started to dominate our “innovation thinking.”

System 147

System Innovation Design Resources 147

Qmarkets

JULY 25, 2024

By focusing on attracting the right talent , establishing effective reward and recognition systems, and fostering a collaborative culture, businesses can create an environment where innovation thrives. Managing Innovation: Process Effective innovation management requires robust and well-defined processes.

Software Review 98

Software Review Strategy Strategy Management 98

Qmarkets

JANUARY 22, 2025

Scaling Up Scaling radical innovation requires overcoming challenges like infrastructure needs, customer adoption hurdles, and resource demands. Success depends on refining strategies, securing investments, and building partnerships to ensure the innovation can reach mainstream markets effectively.

Radical Innovation 52

Radical Innovation Examples Strategy Strategy 52

Qmarkets

JULY 11, 2024

Involving stakeholders in the innovation planning process. Establishing clear roles and responsibilities for innovation initiatives. Engaging leadership and stakeholders not only provides necessary resources and support but also fosters a culture of innovation across the organization.

Software Review 104

Software Review Technical Review Strategy Strategy 104

Moves the Needle

JANUARY 8, 2019

How The National Council of Architectural Registration Boards Used Lean Innovation to Create New Value for Their Customers Take this Case Study with you! ” — Guillermo Ortiz de Zárate, Chief Innovation and Information Officer, NCARB. Click here to download.

Marketing 65

Marketing LEAN Case Study Innovation 65

InnovationTraining.org

MARCH 5, 2020

When you are trying to create a repeatable innovation process, you can’t just start anywhere by doing random activities. As such, the first question for you to answer is – how ready is your company to support and nurture innovation? In fact, there can be conflict for resources, which the core business inevitably wins.

Leadership 94

Leadership Training Resources Innovation Programs 94

Moves the Needle

NOVEMBER 5, 2018

At the heart of this transformation mindset is Lean Innovation. And when you think of innovation transformation, there are many pieces that need to come together. One of the key elements in experiencing a successful innovation transformation is having a strong in-house capability. But, that’s not all there is to it.

System 77

System Underperforming Technical Team LEAN Innovation 77

InnovationTraining.org

AUGUST 30, 2021

The Innovator’s Method. This book by Nathan Furr covers tips and techniques learned from design thinking, innovation, and the lean startup business model which has grown in popularity in the last few years. With an innovator’s method, one can use these tools to change how ideas are created, refined, and brought to market.

Innovation 97

Innovation Tips Design Thinking LEAN 97

hackerearth

MAY 4, 2017

Eric Ries, Lean Startup. Doesn’t it surprise you that while most managers think of productivity being managed, quality being perfected, and human resources being tamed by adopting time-honed management principles, creativity and innovation, somehow, refuses to fall within the bracket?

Management 74

Management Innovation Technical Review Ideation 74

Innov8rs

APRIL 14, 2023

Read what Daniel Alexus (Head at Ericsson ONE) shared during our recent Innov8rs Learning Lab on Culture, Talent & Teams how they created a unique program that encourages disruptive innovation and breakthrough ideas inside a big global company. Why Unlock Intrapreneurship? Customer value creation must always come first".

Artificial Inteligence 111

Artificial Inteligence Technical Review Software Review Creativity 111

Qmarkets

AUGUST 26, 2021

According to CultureAmp research, ‘Nearly 8 out of 10 of highly engaged employees regard their companies as having a culture that nurtures innovation’ 5. This graphic from The Lean Enterprise Institute illustrates Toyota’s use of the continuous improvement method to improve existing processes efficiently.

Innovation 98

Innovation Innovation Programs Technical Review Open Innovation 98

Econic

APRIL 10, 2018

The important thing is clearly defining what you’re trying to do within your organization– What does it mean to innovate successfully? Out of the gate, most organizations put too few resources on too few ideas and expect too much out of them. Innovation needs structure. What are your objectives and intended results?

How To 109

How To Innovation Innovation Programs LEAN 109

Qmarkets

JULY 29, 2024

A well-structured innovation pipeline ensures that new ideas are systematically developed, refined, and brought to market, transforming potential opportunities into tangible results. However, navigating the complexities of innovation processes requires strategic planning, expert involvement, and robust measurement techniques.

Management 52

Management Technical Review Software Review How To 52

Qmarkets

AUGUST 20, 2024

It ensures that innovation efforts are not left to chance but are managed systematically, allowing organizations to capitalize on new opportunities, mitigate risks , and stay competitive in their industries. These components provide the structure needed to guide the entire innovation process , from idea generation to implementation.

Software Review 52

Software Review Innovation Software Design Thinking 52

Gregg Fraley

OCTOBER 4, 2018

If you don’t know the newer more advanced tools, and some neglected old technologies, including Agile, Lean, TRIZ, Synectics, Stage-Gate, Theory of Constraints, and CPS, you’re missing opportunities. Cost savings by not paying outside consultants to facilitate and manage your innovation process. Thursday, November 1 at CRC.

Course 53

Course Training Brainstorming Design Thinking 53

Steve Blank

SEPTEMBER 14, 2017

I took one look at the process they came up with and could have sworn that it was invented by the company’s competitors to throttle innovation. The new innovation process had lots of paperwork – committees, application forms and presentations, and pitches. There were no requirements for the innovator.

Company 65

Company Underperforming Technical Team Innovation LEAN 65