Innovation Lifecycle2020-03-20T15:55:34-07:00
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Digital Transformation and Its Impact on New-Product Management for Manufacturers

March 11th, 2020|

For the manufacturer undertaking new-product development, Digital Transformation means smart new products with embedded software. Digital products in turn require software and hardware development teams to work together – a hybrid project – which ultimately leads to combining software development methods with the more traditional gating process that manufacturers use.

Innovation is No Walk in the Park

October 10th, 2013|

The life cycle of products decreased by factor 4 the last fifty years. Innovation is essential. But it is difficult, risky and it demands a lot of resources. It’s no walk in the park. Innovation is an expedition.

7 Steps to Choosing An Idea Management System

October 9th, 2013|

While idea management is nothing new to the innovation discipline, it seems there are new idea management software systems continuing to surface with great frequency. I am not sure what the latest count is, but search the term ‘idea management software’ and you get over 59 million results. This article takes a look at what steps you can take to choose an idea management system that is right for you and your organization.

The Great Wide Open

September 26th, 2013|

“Open innovation” is a technique that is gaining greater consideration these days. For many companies, this practice has the potential to help them quickly and efficiently harness the new ideas they need in a volatile and uncertain business environment. It also may accelerate and de-risk progress from idea to launch. To realize the power of open innovation, businesses first should come to terms with how “open” they are willing to be.

How to Find Customer Frictions

August 21st, 2013|

An innovation is a simple new solution for a relevant problem. That’s why at the start of innovation you should look out for relevant problems instead of ideas. But how do you find them?

Why Product Lifecycle Management Should Be On Every Executive’s Agenda!

July 5th, 2013|

Product lifecycle management (PLM) initiatives often miss their true potential and make projects unnecessarily costly. Not understanding how to optimize these investments can have long-term effects on both the top and bottom line, while companies that realize how to use PLM as a competitive weapon can capture significant market advantages. In this article we give you insights into how to take an approach that addresses the true potential of a PLM investment.

Silence the Voice of the Customer

June 25th, 2013|

Innovation is successful when it targets customers’ needs, but how sure can we be that this is something we can predict effectively? In this article Tony Ulwick argues that the traditional voice of the customer methodology is the wrong tool to determine customer needs. Tony presents an alternative methodology that makes it possible to determine all the needs of a given customer group.

7 Tips for Outcome-Driven Innovation

June 24th, 2013|

While many people believe that process and structure stifle creativity - the center of gravity for sourcing and inspiring innovation – this couldn’t be further from the truth. In fact, planning ahead streamlines the process and surfaces any potential bottlenecks ahead of time, resulting in a program that is more apt to produce meaningful outcomes and return on investment for organizations.

Making the Right Idea Investment Choices- Idea Evaluation at Scale

June 17th, 2013|

Previous articles in this series focusing on collaborative enterprise innovation have covered topics such as the benefits of software platforms in enterprise innovation, internal communications, increasing engagement and driving collaboration. In this article we share insights on evaluating large numbers of ideas generated as part of enterprise programs.

Improving Time to Innovation: Process is Not the Enemy

May 20th, 2013|

While most companies see innovation as a competitive advantage, the ability to take an idea from concept to delivery is truly what sets one company apart from another. Achieving this level of operational efficiency is not a simple feat and without processes around resource management and capacity planning, it is unlikely to succeed. The fact is, no matter how brilliant or timely an idea, if the right resources are not available to work on it, the idea simply remains an idea.

What High Growth Companies Share in Common

March 22nd, 2013|

Over the past six years The World Database of Innovation initiative has uncovered the world’s first statistics behind the practices that allow large organizations to grow and to innovate. In collaboration with innovation leaders and other experts Uri Neren and his team found 27 management structures, processes, and cultural practices are shared by the world’s fastest growing companies that make what could be called an “Innovation Management Equation.”

In Loving Memory of Traditional Strategy

February 22nd, 2013|

Traditional Strategy, the dominant model of doing business for nearly half a century, is fast becoming a thing of the past, pushed aside by the fast-moving forces of social business - which include innovation, collaboration and co-creation.

Reducing Confusion, Promoting Diffusion

January 31st, 2013|

In this series of three articles Paul Hobcraft explores the value of knowledge and education for innovation. Concluding the discussion, in part three the author reviews faulty innovation practice and argues in favor of recognizing innovation as a value enhancing and organizational life-changing event we need to move towards increasingly.

The Real Value of Knowledge Exchange

January 17th, 2013|

In this series of three articles Paul Hobcraft explores the value of knowledge and education for innovation. Continuing the discussion, in part two the author investigates the various aspects of modern knowledge exchanges including their psychology, mechanisms and complexities that govern them.

The Role of Education and Learning for Innovation

December 27th, 2012|

In this series of three articles Paul Hobcraft explores the value of knowledge and education for innovation. In part one he opens the discussion by exploring some of the biggest challenges faced by organizations today and provides encouragement to explore emerging practices.

Get a Taxi – Anatomy of a Process Innovation

December 13th, 2012|

With over 400 million Google hits, “innovation” may be considered a buzzword, some entrepreneurs may even avoid talking about it, but they’re certainly practicing it! This article takes a closer look at an example of process innovation in the service industry. Understanding it better offers the possibility of spotting a large range of opportunities and converting them into business successes.

A Strategically-Focused Innovation Process

November 28th, 2012|

Many people assume that creating new ideas is the beginning of the innovation process, but actually that’s not true, according to Langdon Morris. He explains that ideation occurs in the middle of a disciplined, strategically-focused innovation process. In this article, he outlines an 8-step innovation process that promises better results than the traditional 'spray and pray' approach to developing and managing ideas.

Creativity: Start from Scratch Conceptually

September 17th, 2012|

Business, governments and individuals can easily become bogged down by procedures and processes that harm efficiency and kill innovation. The obvious solution is to start from scratch. Here's how to do it, according to Jeffrey Baumgartner.

Faster than Real Time Innovation?

August 16th, 2012|

Companies are better today at predicting consumer behavior than at any moment in time. How do they do it? Big data. In this article Saman Musacchio takes a look at the latest research and development trends and what they mean for the future of innovation.

Product Innovation: Unifying People, Processes and Tools

February 15th, 2012|

Product innovation is not simply about generating new ideas. It is a complex process, and many organizations struggle with the design and implementation of an effective innovation strategy that yields measurable results over the long-term. Sustained growth and profitability can be achieved through the integration of three critical levels: People, processes and tools.

Five Dimensions to Conceptualize Your Idea to Make it a Successful Innovation

January 23rd, 2012|

When conceptualizing a new idea, it is essential to direct the thinking to specific dimensions and search answers to certain questions to help evolve the idea from the initial thought through the various stages of innovation. This article suggests a framework for conceptualizing an idea and helps develop an understanding of the dimensions and questions that you need to consider.

How Next-Generation Social Technologies can Help Drive Innovation

October 19th, 2011|

Product innovation is about developing and delivering the “next” product or service-to-market quickly and cost-effectively. A well-managed innovation process that meets customer demands for new and unique products and services can contribute to creating a competitive advantage and business growth. Organizations can improve their innovation processes through the use of next-generation social technologies, says Catherine Constantinides.

Stop the Reckless Brainstorming and Focus your Creativity!

October 11th, 2011|

In their desperation to be innovative, companies often brainstorm themselves into idea overload, generating ideas that ultimately are failures. But what if companies could focus those brainstorming efforts and develop an efficient, targeted process for creativity? InnovationManagement asked Tony Ulwick to share his thoughts on how to leverage the creativity and get a better outcome.

A Process for Innovation Planning

August 10th, 2005|

All too often, hastily planned brainstorming sessions bring up a lot of good ideas that somehow never get used, while the boring kinds of ideas you are trying to get away from seem to be used again and again. One reason for this is the lack of an innovation plan, according to Jeffrey Baumgartner.