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Developing and Implementing an Effective Innovation Strategy

Qmarkets

Key to setting the pace is a well-defined innovation strategy. But what exactly is an innovation strategy, and how can it be developed and implemented effectively? What is an Innovation Strategy? Think of an innovation strategy as a gameplan for a sports team.

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Seven Strong Reasons not to Innovate

Destination Innovation

If you want to stop your organisation from trying to develop significant new products or services then here are seven solid arguments you can rely on. Innovations absorb resources and cost money. Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better.

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BUSTING THE TOP FIVE INNOVATION MYTHS

ImagineNation

The ambitious and proactive CEO Charlie Chaps invested in despatching a Terrific Team of Enthusiastic Engineers to Silicon Valley to research, investigate, and report on how to capture and emulate the critical ingredients of its “secret innovative sauce.”

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Developing a new framework for risk and innovation.

Paul Hobcraft

Risk management for innovation needs to evolve to keep pace with the changing demands and pace of change we are undergoing in business challenges. Mark Johnson of Innosight wrote a great article some time back that still holds true today, in its observations, on how poorly the relationship between risk management and innovation is understood.

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Developing a new framework for risk and innovation.

Paul Hobcraft

Risk management for innovation needs to evolve to keep pace with the changing demands and pace of change we are undergoing in business challenges. Mark Johnson of Innosight wrote a great article some time back that still holds true today, in its observations, on how poorly the relationship between risk management and innovation is understood.

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I keep arguing we all need to seek out innovation alignment

Paul Hobcraft

That is plainly wrong, not knowing the strategic objectives it is one of the principle causes of innovation failure and requires fixing. This poor strategic understanding creates a lack of alignment and directing innovation. Top leadership in organisations need to shape innovation and be more involved in its strategic design.

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The digital innovation era calls for new board leadership

Innovation 360 Group

At Innovation 360 Group, we help client companies all over the world to improve their innovation capability through innovation assessment, analysis and recommendations. In other words, we believe we have an unprecedented insight in the state of innovation capability among companies of the world today.