Innovation Programs & Entrepreneurship: Busting Myths
A lot of companies aspire to implement successful innovation programs but the programs fail surrounded by certain myths. A seasoned entrepreneur has bust those myths in the article based on his personal experience.
Key Learnings of a Regtech Corporate Startup
Corporate start-ups sit in a sweet spot between corporate venturing and an external start-up. These initiatives have the luxury of the big brother organisation watching over them, but it also comes with the policies and procedures of the big brother.
What are the Differences and Advantages between a Specialist and a Generalist?
In building your career, you're likely asked to choose one of two tracks: to become a specialist or to pursue the path of a generalist. This article takes a look at advantages and disadvantages of choosing either of these two paths, and discusses some grey area in between.
How has COVID-19 Accelerated Trends in Customer Service?
Since the outbreak of COVID-19, customer behavior has changed dramatically. To survive, businesses need to adapt by accelerating customer service trends that already exist.
The Key to Winning in the Attention Economy
The circumstances of 2020 have seen businesses push to increased virtual communication and online offerings. How do you compete in this new attention economy, especially with so much noise?
How Does Diversity and Inclusion Impact Innovation?
Nearly all executives believe the long-term success of their business depends on the flow, testing, and development of new ideas. One of the problems is the old belief in the “creative genius” – that creativity and innovation belongs to a talented few and not to everyone.
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Welcome to InnovationManagement
The mission of InnovationManagement.se is to democratize the practice of innovation. By creating a shared library of resources and connecting a network of practitioners, we believe that anyone can learn to be an innovation leader. Through delivery of our curated content, we believe we can accelerate an innovator’s path to success, whether that is launching their own idea, stewarding the ideas of others, are leading an entire organization to profitable and positive change.
Customer-Centric Innovation? Sure, But With Which Customers?
Today, putting customers at the heart of innovation is a no-brainer for most business managers. However, should the innovation process involve all customers or only specific segments? In this article we explore the hurdles of these initiatives and propose a method to select the most relevant customers with whom to innovate.
Four Ways to Innovate Right Now
While the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities. No matter the business climate, there is always a chance to do something new and something better—you just have to find it.
Five Aspects of Innovation Governance
The leverage point is to let innovation shine via effective governance discipline, but not adding too much complexity. In this article, we'll look at what innovation governance is, and practices to help you manage a successful innovation program.
Why Bother with User Innovation?
Users are a hidden ‘front end’ of innovation, highly motivated, prepared to experiment and tolerant of things not working right first time. So it makes sense to try and bring this perspective to bear.
Using Innovation to Improve Your McKinsey Organizational Health Index Score
2020 proved just how important our relationships to banks and credit unions are as they worked to rapidly respond to the changing financial needs of their customers.
7 Incentives to Increase Participation in a Crowdsourced Innovation Program
Every year, one question tops all the others that our customers might bring to us: how do I increase engagement in my innovation community? We see this question even in the most robust and activated innovation programs.
Key Learnings of a Regtech Corporate Startup
Corporate start-ups sit in a sweet spot between corporate venturing and an external start-up. These initiatives have the luxury of the big brother organisation watching over them, but it also comes with the policies and procedures of the big brother.
How Does Diversity and Inclusion Impact Innovation?
Nearly all executives believe the long-term success of their business depends on the flow, testing, and development of new ideas. One of the problems is the old belief in the “creative genius” – that creativity and innovation belongs to a talented few and not to everyone.
The Hidden Culture Benefits of Crowdsourced Innovation
Crowdsourcing ideas has a number of different virtues: from improving the likelihood that you’ll source disruptive ideas to lowering the overall program costs of running an innovation program… but there are some other cultural benefits to a crowdsourced innovation program.
Why Let Others Disrupt You? Take the Smart Self-Disruption Journey!
In a time when uncertainty reigns, the fear of being disrupted can brutally hurt any business. Responsible leaders who dare to anticipate disruption and take steps to self-inflict it to their organization in a smart and controlled way are best positioned for the future.
Validate Your Pivot with Innovation
When planning or navigating a pivot, how do you know if you are pivoting in the right direction? Answer simple questions to validate your pivot and execute on four actions to help create speed-to-market.
Why Your Innovation Process is a Recipe for Failure
Having a process for the front end of innovation is necessary but not sufficient. It also requires proper levels of funding, and a governance structure to support it. In this article, we'll look at how these aspects tie together, and how your company can support your full innovation lifecycle.