Innovation Excellence

FEBRUARY 5, 2019

The effectiveness of social media for outbound marketing activities, i.e. getting the news out about new products offerings, and interacting with customers, is well known. But social media is also a tool for inbound marketing – for understanding the customer.

Tools 102

Tools Product Innovation Marketing Innovation 102

Qmarkets

FEBRUARY 18, 2025

While digital transformation focuses on integrating technology into all aspects of a business, digital innovation goes a step furtherits about creating entirely new value through technology. Companies that fail to innovate digitally risk being left behind as competitors leverage new tools, business models, and strategies to drive efficiency.

Tools 59

Tools Crowdsourcing Ideation Innovation 59

Innovation Excellence

FEBRUARY 28, 2019

The two most common product development metrics are R&D spending as a percent of sales and revenues from new products over time. There’s no linear relationship between R&D spending and new product success. These metrics, although necessary to track, do not predict a result.

Product Development 90

Product Development Examples Company Product Innovation 90

IdeaScale

APRIL 14, 2021

Before being “open” as in open innovation, research is conducted internally within a company to privately create and manage inventions and new advancements before sharing them with the world. Social Innovation. Product Innovation. Want to learn more about unlocking the innovation in your organization?

Radical Innovation 264

Radical Innovation Innovation Open Innovation Social Innovation 264

IdeaScale

FEBRUARY 19, 2020

Check out our top innovation blogs from 2019 for tips on transforming your product, process, market, and more. Seven Free Brainstorming Tools for 2019. Brainstorming is where innovation and product development strategy begin, but sometimes you need a little push to get started.

Crowdsourcing 173

Crowdsourcing Brainstorming Conference Innovation 173

Planview

JANUARY 22, 2024

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Trend #1: Greater Financial Scrutiny on New Product Development Balanced Against Innovation Opportunity While the U.S.

Product Development 69

Product Development Innovation Management Management Trends 69

Planview

FEBRUARY 15, 2023

Improved Efficiencies Help Conagra Brands Speed Global Product Transfer New competitors, the growth of nontraditional retail outlets, and tech advancements in the industry made it imperative to transform how Conagra Brands , home to the world’s longest-standing food processing companies, did business.

Case Study 52

Case Study Product Development Study Collaboration 52

Qmarkets

MARCH 13, 2025

The term was popularized by Jeff Howe in 2006, when he described how businesses could leverage online communities to source innovative ideas. By breaking down barriers to participation, crowdsourcing helps organizations tap into a wealth of collective intelligence while driving faster and more agile innovation.

Crowdsourcing 52

Crowdsourcing Examples Software Review Technical Review 52

eZassi

JANUARY 28, 2025

5-Year Innovation Forecast: The Future of 3D Modeling and Visualization Across Industries The rapid evolution of 3D modeling and visualization technologies is set to revolutionize multiple industries. Advanced Space Exploration: 3D visualization tools can assist in the design of spacecraft, enabling better mission planning and execution.

Innovation 52

Innovation Industry Technology Artificial Inteligence 52

Leapfrogging

DECEMBER 10, 2024

Moreover, AI-driven tools aid in identifying new opportunities for growth, allowing you to craft strategies that are both proactive and adaptive. Innovative Products and Services: AI facilitates the development of cutting-edge products and services by identifying emerging trends and customer needs.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Analysis 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. Human Resources: Leverage AI tools for talent acquisition and employee engagement analysis.

Artificial Inteligence 100

Artificial Inteligence Strategy Strategy Technical Review 100

IdeaScale

JULY 21, 2021

Every year, IdeaScale hosts the Innovation Management Awards to award organizations who have demonstrated a level of sophistication in their innovation strategy that has had a measurable impact on their business. In every respect, innovation allows us to do that better. Can you tell us what it is and how it works? .

Innovation 130

Innovation Innovation Programs Innovation Management Tools 130

Leapfrogging

DECEMBER 10, 2024

Tools powered by AI sift through global market data, consumer trends, and industry reports to identify patterns and opportunities that might go unnoticed by human analysts. Enhancing Product and Service Development Artificial intelligence (AI) is a powerful tool that is transforming the landscape of product and service development.

Artificial Inteligence 100

Artificial Inteligence Technical Review Analysis Trends 100

Innovation Excellence

APRIL 7, 2016

The TRIZ approach and best practices such as the Stage-Gate Process can greatly benefit each other. These approaches are not rivals, but rather can be used to amplify each other’s successes. Continue reading →

Product Development 40

Product Development Innovation Product Innovation Tools 40

Jeffrey Phillips

MAY 22, 2023

Market evidence will tell you that most of new product innovations fail in the first year. Managers can squeeze out a few more percentage points of profit on existing products without significant risk. Doing new things in large corporations is difficult. Most managers will ask: why take the risk?

Artificial Inteligence 120

Artificial Inteligence ChatGPT Innovation Generative AI 120

Brunner

AUGUST 12, 2020

Digital conversation, either through social media or websites, offers a trove of data for brands, which is why many Atlanta companies have embraced the potential of social listening — and why many social listening tools have emerged on the market. Those tools would have seen the online conversation as depressing and sad,” Perz explained.

Analysis 40

Analysis Tools Data Artificial Inteligence 40

Qmarkets

AUGUST 23, 2023

An electronics company might incrementally innovate its supply chain to make it more efficient, or continuously find ways to improve its products’ battery life. Incremental innovations can be broken down into three main types: incremental product innovation , incremental service innovation , and incremental process innovation.

Examples 98

Examples Innovation Disruption Innovation Programs 98

Leapfrogging

APRIL 17, 2024

Practical Tips and Tools for Team Building While inspiration is critical, it must be paired with practicality. Keynote speakers should provide actionable tips and tools that teams can implement in their daily interactions. These might include communication techniques, conflict resolution strategies, or innovative brainstorming methods.

Team Building 100

Team Building Collaboration Case Study Tips 100

Leapfrogging

FEBRUARY 9, 2024

The table below highlights some of the key strategic outcomes corporations aim to achieve through CVC: Strategic Outcome Description New Product Development Accessing cutting-edge technologies and innovations. Business Model Innovation Adopting novel approaches to business operations and customer engagement.

Strategy 100

Strategy Strategy Technical Review Agile 100

BrainZooming

FEBRUARY 12, 2019

An article in The Wall Street Journal about food companies innovating to raise prices features this definition of innovation from Kroger CEO Rodney McMullen: “Creating something I didn’t know I needed is innovation.”. We use early-stage innovation research to ask questions that can help identify product innovations.

Strategy 81

Strategy Strategy Innovation Strategic Thinking 81

BrainZooming

FEBRUARY 22, 2018

An article in The Wall Street Journal by Paul Ziobro shares an report on how toy manufacturers, including Mattel and Hasbro, are accelerating their new product innovation processes. This is a fruitful way to identify innovation opportunities customers can’t clearly articulate. Involve Customer-Facing Employees.

eBook 68

eBook Innovation Strategic Thinking Development Team Review 68

Innovation Excellence

DECEMBER 14, 2015

Properly used, a business case embodies the essential learning and planning derived from Lean, Design Thinking, and similar approaches to product development. It is not a documentation exercise, but a tool for collaborative learning and communicating the justification for a product concept. Continue reading →

LEAN 40

LEAN Management Exercises Product Development 40

eZassi

MAY 27, 2022

How do the major companies’ research and development teams build and manage a portfolio of innovative products while ensuring long-term market success and consistent brand loyalty? Utilize Open Innovation for R&D. Open Innovation is a proactive strategy complementing your R&D department. Request a Demo.

Industry 52

Industry Innovation Ideation Open Innovation 52

Steve Blank

MARCH 11, 2015

.) – and the costs to deliver the product/service and have well defined product development and product management tools that emphasize the linear nature of shipping products to existing customers. for new product development that emphasize immediate returns.

LEAN 46

LEAN Agile Culture Tools 46

Innovation Excellence

DECEMBER 21, 2016

To explore the topic and walk through an example of using Conjoint Analysis, I tracked down the market research tool master Brian Ottum, who has 30 years experience in new product development. Well, if not, it will after you listen to this interview.

Analysis 40

Analysis Management Product Development Marketing 40

Innovation Excellence

JANUARY 27, 2019

Every innovative product begins as a concept in the mind of someone or some group of people. How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product. These concepts are the seeds of your company’s future growth.

How To 104

How To Innovation Groups Management 104

Innovation Excellence

MARCH 12, 2017

Drawings, whether paper or electronic, have traditionally been at the center of the product development universe. But as more and more companies transform into model based enterprises (MBE), there are five fundamental concepts they should keep in mind.

Product Development 42

Product Development Company Product Innovation Tools 42

Innovation Excellence

OCTOBER 7, 2016

Many of our clients ask if they need to specifically define what projects, products or offerings should be included in their product portfolios and what should be left out. Leading portfolio management practices advocate the need for defining portfolio inclusion criteria. Why is it necessary to define your portfolio’s scope?

Management 82

Management Project Product Development Product Innovation 82

Collective Innovation

AUGUST 14, 2017

An engaged social media is an incredible tool to learn about customers needs and problems. Product Innovation : Creates a difference with an existing product line and existing market, usually through features. There are many tools for competitor research but here are some of our favorites.

Artificial Inteligence 40

Artificial Inteligence Survey Data Analysis 40

New Markets Advisors

APRIL 20, 2018

It over-emphasizes product innovation. When companies try to get everyone involved in innovation, they often skip the crucial step of explaining the different kinds of innovation. While product innovation is important, it’s also the most common. It drains resources.

Innovation 40

Innovation Culture of Innovation Roadmap Training 40

Innovation Excellence

MARCH 6, 2017

When companies want to innovate, there are three things they can change – products, services, and business models. Products are usually the first, second and third priorities. Services, though they have a tighter connection with the customer and are more lasting and powerful are, sadly, fourth priority.

Change 70

Change Innovation Company Product Development 70

Innovation Excellence

JANUARY 1, 2017

If you want to gain ground on your competition you’ve first got to know where things stand. Where are their advantages? Where are your advantages? Where is there parity?

Competition 67

Competition Product Development Innovation Processes Product Innovation 67

Innovation Excellence

JULY 5, 2016

Can you truly predict a customers’ reaction to a new innovative product and then scale the success of the product? Lean practitioners say you can, if you measure the right metrics, interpret them correctly, and focus on the problem and the uncertainties that arise. Continue reading →

LEAN 60

LEAN Management Innovation Product Development 60

Innovation Excellence

AUGUST 30, 2017

As innovators, we all want to do three key things: Create something new, fantastic and disruptive; Bring it to the market fast enough to capture its value and grow our business; Do it again (and again, and again.).

Learning 57

Learning Innovation Disruption Marketing 57

Be-novative

APRIL 21, 2021

This is key for any innovation or co-creation process in order to drive results. CLIENT ENGAGEMENT DRIVES THE INNOVATION ROADMAP?—?Key Key clients are engaged more if they can influence the directions of product development: winning even more deals, improving retention. VALIDATED PRODUCT DEVELOPMENT PIPELINE?—?Co-creation

Trends 52

Trends Project Ideation Design Thinking 52

Legacy Innovation Group

APRIL 1, 2019

This is why Engineering, Science, and Technology are incredibly powerful and effective tools when properly guided by market needs, whether existing or emerging. This is very important in any organization that hopes to have a productive innovation agenda.

Innovation 40

Innovation Underperforming Technical Team Technology Design 40

Harvard Business Review

MAY 25, 2012

instantiation and imagine a bold product innovation pipeline that ultimately never reaches fruition. Now, hardware and software providers are hustling to see how voice input can provide improved interactions — and voice seems to be a go-to tool. Thinking about the business model early means not making sacrifices later.

LEAN 19

LEAN Agile Competition Software 19