Idea to Value

JANUARY 7, 2022

I will go through each of them one at a time, and explain the positive and negative aspects of each: Different possible organisational locations for innovation resources: Option 1: A bridge between R&D and Sales / Marketing. Here, innovation will be closely tied to “product development” resources.

Underperforming Technical Team 293

Underperforming Technical Team Resources Innovation Project 293

Leapfrogging

MARCH 19, 2024

From its inception to the current state, the processes governing the development of new products and services have continuously evolved to incorporate new methodologies and technologies. Traditional Phases and Gates Processes Traditionally, the phases and gates model has been a cornerstone in structuring innovation management.

Generative AI 113

Generative AI Artificial Inteligence Technical Review Product Development 113

IdeaScale

FEBRUARY 19, 2020

Are you looking for ways to take your innovation strategy to the next level in 2020? Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Crowdsourcing is a great way to assemble data for product innovation.

Brainstorming 173

Brainstorming Crowdsourcing Conference Product Development 173

Jeffrey Phillips

JULY 21, 2021

Since innovation almost always pays off only in the longer run, and cost management can be controlled in the short run, the dilemma is obvious. When you get evaluated in 90 day increments by the stock market, cutting or controlling costs is always an easier decision than investing in innovation.

Underperforming Technical Team 135

Underperforming Technical Team Innovation Product Development Marketing 135

Paul Hobcraft

OCTOBER 15, 2024

Building Innovation Ecosystems can tackle unique challenges How do we differentiate (traditional) approaches of Innovation to (evolving) Innovation Ecosystems? Is your innovation process closed only to you? Or have you gone to being more open in innovation with outside selected partners?

Open Innovation 163

Open Innovation Innovation Design Collaboration 163

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. That is the time that individuals and teams can commit to any specific innovation project.

LEAN 155

LEAN Agile Innovation Project 155

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.

Product Development 52

Product Development How To Ideation Project 52

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.”

Product Development 52

Product Development Agile LEAN Survey 52

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 148

Collaboration Artificial Inteligence Agile Ideation 148

Idea to Value

OCTOBER 20, 2016

This process is critical to innovation in business success as mastery of the art of implementation is necessary to ensure that your innovation process and program clicks on all cylinders, all the time. Ensure that your innovation efforts and initiatives are cross-referenced with your organization’s marketing efforts.

Culture of Innovation 100

Culture of Innovation Product Development Innovation Processes Culture 100

Leapfrogging

DECEMBER 10, 2024

The ability to analyze large datasets, identify trends, and predict outcomes has made AI an indispensable tool for businesses seeking to innovate and stay competitive. Strategic Agility: AI’s predictive analytics can help you anticipate market changes and quickly adapt your strategy, ensuring your business remains agile and resilient.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Technical Review 100

Leapfrogging

NOVEMBER 8, 2024

The business vibe these days is a whirlwind—tech is always one step ahead, folks are changing their minds faster than a kid in a candy store, and the market’s mood swings like a pendulum. Check out our article on mixing business strategy with the innovation process. Craving more on meshing business plans with innovation?

Artificial Inteligence 113

Artificial Inteligence Innovation Strategy Strategy 113

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.

Artificial Inteligence 100

Artificial Inteligence Innovation Management Management Technical Review 100

Jeffrey Phillips

JANUARY 11, 2021

For example, one of the biggest idea killers is the inability for many companies to take really good ideas and get them prioritized in the existing product development process. With those basics in mind, you can do a lot of good innovation. This is why so many "innovation projects" result in incremental or "me too" ideas.

Innovation 129

Innovation Culture Agile Product Development 129

Jeffrey Phillips

DECEMBER 1, 2015

This crowds the product development process and eliminates room for new concepts to enter. Third, as the product development and commercialization teams get burned by inadequate or poor concepts from the innovation activities, these teams downplay and "back burner" new concepts and focus on existing products.

Underperforming Technical Team 100

Underperforming Technical Team Product Development Innovation Exercises 100

Corporate Innovation

JULY 26, 2016

While these models of advanced work led to so many innovations and created tremendous broad economic value, though not always to the lab’s corporate owner, it is clear that large scale, insulated corporate research is no longer the most common model for entering new markets or developing technologies of the future.

Product Development 65

Product Development Project Management Groups 65

Leapfrogging

MARCH 19, 2024

The Intersection of AI and Innovation Management Defining Innovation Management with AI Innovation management refers to the process and activities that organizations use to manage and nurture new ideas into marketable products and services. Tailor products and services to specific market segments.

Artificial Inteligence 100

Artificial Inteligence Generative AI Analysis Technical Review 100

Moves the Needle

JANUARY 8, 2019

Moves the Needle facilitated a five-day Lean Innovation Sprint to help staff tackle current challenges in a new way, and a five-month Accelerator to help one team make dramatic progress on a promising product idea from the Sprint. As a result, the product garnered little attention from early potential buyers.

Marketing 65

Marketing LEAN Case Study Study 65

Leapfrogging

FEBRUARY 28, 2024

It drives growth, differentiation, and value creation, allowing companies to stay ahead in a rapidly changing market. Businesses that innovate can respond to shifts in consumer behavior, leverage emerging technologies, and enter new markets with agility.

Design Thinking 140

Design Thinking Artificial Inteligence Design Analysis 140

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.

Strategy 113

Strategy Strategy Innovation Artificial Inteligence 113

Leapfrogging

FEBRUARY 17, 2015

Having learned that many young football players pack bananas in their sport bags only to find them mashed between their cleats before practice, she asked her product development team to create a better solution. The result: Gatorade “01 Prime,” a pre-workout drink pouch with a powerful carbohydrate punch.

Strategy 113

Strategy Strategy Innovation Product Development 113

Idea to Value

JULY 21, 2017

When should it be used: Any organisation that wants to enable their staff who have an idea to “try it out” or do an initial market experiment. Put simply, it theorises that small companies can disrupt the market of large companies by releasing a new version of an offering which appeals more to a subset of the customers.

Company 251

Company Underperforming Technical Team Brainstorming Design Thinking 251

Paul Hobcraft

MAY 3, 2023

Organizations need balance, and innovation tends to constantly push to upset this need; that’s its nature as it seeks to change. Can innovation be something different than it is for the vast majority today? The market for investing in innovation management tools remains fragmented.

Innovation 190

Innovation Design System Software 190

Paul Hobcraft

MARCH 27, 2018

To achieve this innovation has gone digital, pure and simple. There are significant shifts underway towards digital innovation in R&D and new-product development. The whole operational process has to reorient away from being internally driven into being externally lead. They are all becoming digital endeavors.

Innovation 186

Innovation Radical Innovation Design Big Data 186

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.

Technical Review 120

Technical Review Innovation System Marketing 120

Leapfrogging

FEBRUARY 17, 2015

Having learned that many young football players pack bananas in their sport bags only to find them mashed between their cleats before practice, she asked her product development team to create a better solution. The result: Gatorade “01 Prime,” a pre-workout drink pouch with a powerful carbohydrate punch.

Strategy 100

Strategy Strategy Innovation Product Development 100

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 Leadership Ideation Innovation Processes 113

Jeffrey Phillips

SEPTEMBER 19, 2017

An innovation activity begins with a problem or opportunity that you investigate, and learn more about, and discover needs, all of which is context, and the next deliverable is a set of viable ideas to solve the problem. Ideas are simply a waypoint in an innovation process or exercise.

Innovation 125

Innovation Technical Review Trends Exercises 125

PlanBox Innovation

FEBRUARY 7, 2023

New Winning Ideas and Concepts ChatGPT can support the development of new winning ideas and concepts by using its advanced natural language processing capabilities to analyze data from various sources, including market research, customer feedback, and competitor analysis.

ChatGPT 84

ChatGPT Analysis Trends Competition 84

Innovation Excellence

FEBRUARY 14, 2017

Where does this product story start? It begins with Kärcher North America, the market leader in carpet extraction cleaning. The core product line was 15 years old and in need of innovation. Chad McAllister interviews Bill Ott, Executive Vice President of the product development organization at Kärcher.

Marketing 43

Marketing Product Development Innovation Innovation Processes 43

IdeaScale

OCTOBER 23, 2019

Because it invests customers in product development, it can also be useful from a marketing perspective or if you want to use crowdsourcing, but don’t want to deal with the downsides of the entire internet having a vote on your product. That can drive even closed innovation processes in powerful ways.

Open Innovation 100

Open Innovation Collaboration Software Review Innovation 100

Qmarkets

AUGUST 23, 2023

I want to dive into incremental innovation with you to unpack how and why it should be front of mind for your innovation program. We’ll explore examples, discover the key benefits of this type of innovation, and identify the best way of developing your own incremental innovation process. It’s fast to market.

Examples 98

Examples Innovation Disruption Innovation Programs 98

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. However, maybe we don’t need completely new ideas; simply a reinvention of an old classic.

Underperforming Technical Team 124

Underperforming Technical Team How To Crowdsourcing Technical Review 124

Qmarkets

NOVEMBER 1, 2024

With digital disruption accelerating across industries, traditional, closed approaches to innovation no longer suffice for most companies. In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products.

Open Innovation 52

Open Innovation Software Innovation Management Strategy 52

Qmarkets

JULY 19, 2024

Companies working in isolation may miss out on the vast pool of external knowledge and innovative ideas that could propel them forward. The closed innovation model can result in slower innovation cycles, higher costs, and increased risk of obsolescence in a rapidly changing market. But what is open innovation?

Open Innovation 52

Open Innovation Software Review Technical Review Trends 52

IdeaScale

MARCH 30, 2021

Brands need to reframe the narrative, find value in sustainability, incorporate it into larger operational goals, make it part of the upgrade and repair cycle, and create a circular innovation process to constantly build on successes. Sustainability, ESG, and Innovation. Perceiving where the value lies in sustainability.

Strategy 130

Strategy Strategy Meeting Innovation 130

Gregg Fraley

AUGUST 12, 2021

The Fortune 1,000 work innovation process like mad. However, elaborate innovation frameworks slow things down. Market Research — qualitative, quantitative, and ethnographic research are rarely done in mid-sized organizations. Doing even basic market research takes training and experience. That lowers risk.

Innovation 59

Innovation Trends Roadmap Product Development 59