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What is Lean Innovation? Components and Examples

Moves the Needle

Lean Innovation Definition At Moves The Needle, we define lean innovation as “reducing waste in the discovery, creation, and delivering of new value to customers." We base Lean Innovation principles upon the 3 E’s of Lean Innovation : Empathy, Experiments and Evidence.

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Why “Path-to-Value” is Crucial for Corporate Innovators

Imaginatik

Like many companies, Acme Corporation has a new (ish) corporate-level innovation program. Executives are hoping for big things from the innovation group. It’s a sharp contrast from “Horizon 3” transformative innovations, where concept development is typically incubated within a “lean” or “stealth” team.

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Top Themes from Open Nation DC

IdeaScale

Contreras dived into the importance of goal-setting and quantifiable metrics to any innovation program. However, he cautioned against avoiding “vanity metrics,” a term coined by “The Lean Startup” author Eric Ries. Commander Howell’s leadership has been integral in growing the innovation program at the U.S.

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Rating Your Innovation Program: Vanity Metrics vs. True Impact

Moves the Needle

How do you measure the success of your innovation program? You are measuring website traffic, video views, innovation team sign-ups, etc. When it comes to measuring the success of your innovation program, engagement in the real world and observed behavior change are primary. Getting the numbers right is crucial.

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So Where Is Innovation Heading?

Paul Hobcraft

BCG rightly is pointing out from their research that digital innovation is just taking over everywhere. They point out that since 2014, only four types of innovation and that are all related to digital, have grown increasingly in importance in their pursuit by companies.

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Why We’re Digging Deep at Lean Startup Conference 2018

Moves the Needle

Lean Startup Week - this year known as Lean Startup Conference - has traditionally been a staple in the innovation industry for bringing both startups and enterprise companies alike into the same sphere in order to discuss advancements in strategy, tactics, ideas, and social impact.

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5 Ways to Fail at Innovation

Imaginatik

Yet, within corporations, innovation programs are fragile things. Large portions of the organization view the innovation team as a foreign entity. Innovation programs thrive on processes and metrics that don’t mesh easily with the core. For corporate innovators, risk lies around every corner.