Building an Imagination Machine: Exclusive Interview with Martin Reeves and Jack Fuller
Imagination is one of the least understood but most crucial ingredients of success. It’s what makes the difference between an incremental change and the kinds of pivots and paradigm shifts that are essential to transformation — especially during a crisis.
SWICH – The Six Week Innovation Challenge
The Six Week Innovation Challenge is becoming the method of choice in corporates. And it's not only innovators who love the sprint - leaders embrace it just as much.
Leveraging Alien Thinking: Exclusive Interview with Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade
For the past decade, Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade, professors of innovation and strategy at IMD Business School, have studied inventors, scientists, doctors, entrepreneurs, and artists. These people, or “aliens,” as the authors call them, are able to make leaps of creativity, and use five patterns of thinking that distinguish them from the rest of us.
Let’s Settle the Debate – Innovation Both Is & Is Not Everyone’s Job
Is ‘innovation’ everyone’s job – as so many claim it is? Or is it not everyone’s job – as the counterargument goes? The reality is not quite so simple. Dive in as we examine the three cases of significance here – two in which innovation is everyone’s job, and one in which it isn’t.
DNA of an Innovative Business: Is It Yours?
With the acceleration of modern economic, societal and environmental changes, new opportunities are created everywhere, and often where we least expect them.
Breaking the Innovation Stereotypes: The Case of Curry Express
We often hear about the concept of innovation and its importance in enhancing the competitiveness of an organization---however, the excessive use of this term has distorted its true meaning and content.
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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.
Try Double-Handed Innovation
Most new products and services are developments or combinations of existing offerings. But just adding features can lead to a product overloaded with ‘feature bloat’. Instead try giving with one hand and taking away with the other. Add something different and take away something of little value. Start by focussing on the market leading product (or products). List its top features and identify the benefit which customers get from each of the features. What problems are solved and how important are they? Then prioritise the list. From a customer perspective which are the most valuable and least valuable features? You may need input from a survey or focus group to help at this stage. Ask what features could we add [...]
6 Ways to Innovate Your Business Model
The pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions.
What Do Innovation Maturity Assessments Have in Common?
Building a repeatable model for innovation is a journey, not a trophy. An innovation department builds services and competencies across multiple disciplines – from research to communications and culture. And even with a dedicated innovation department, they must cooperate seamlessly with other parts of the business in order to deliver meaningful results on an ongoing basis.
The Secrets to Making Open Innovation Projects Work
Open innovation often requires global teams with national culture differences to work together, which presents some challenges. Here’s how to navigate them.
Increase Your Innovation Reputation and Velocity with an Innovation Evangelist
Building upon my popular article Rise of the Evangelist, I wanted to create an article for the global innovation community focused specifically on the importance of the innovation evangelist role.
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.
How To Make Sure Your SMB Is Being Energy Efficient
Making your business environmentally sustainable does not mean reducing total material demand. Still, it does require more effective use of energy and resources and the mitigation of current waste streams.
What Are The Six Traits of Highly Innovative Organizations?
I love meeting innovators. You meet all types: some of them are blue sky thinkers, some of them are feasibility buffs, some of them are incredible networkers and presenters, and some of them are shy and fascinatingly deep thinkers.
One Certainty in These Uncertain Times: Innovate Through Ecosystems, or Miss the Opportunity to Radically Transform Your Innovation Strategy
Hardly no one will regret 2020, it seems. Yet, 2021 ahead is hard to predict. There are hopeful signs that pave the way for a better, stronger future, but as we have now the experience, our world can go upside down almost overnight.
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.