INNOVATION MANAGEMENT
We are strong believers in treating innovation management as any other management discipline that can be learned and used as a sustainable strategy for creating long-term value. Our goal is to facilitate an increased sharing of knowledge, best practices, tools and related resources among innovation practitioners and other professionals who want to bring the discipline of innovation to their organizations.
How does the new Readiness Assessment Tool help to generate more and better innovation, as well as faster and cheaper innovations that bring revenues? Apply the assessment tool to your own company to create a common understanding of what holistic innovation management means, to structure, analyze, and measure the innovation potential of your firm, identify areas of improvement, and ultimately to design and implement recommendations tailored to the unique position of the firm.
In this live IM Channel One Roundtable Discussion, hosted by HYPE Innovation, the panel discusses a new innovation maturity model that helps to understand how innovation evolves inside organizations. Based on detailed interviews with seasoned innovation professionals, the experts share insights on how to mature your innovation efforts over time. They also provide important information on new methodologies to help you adapt to an environment where the pace of change continues to accelerate.
Implementing open innovation requires a shift in mindset and a change in culture. It requires individuals to be open for external ideas and to share knowledge. This is not the way innovation is managed traditionally. For individuals to behave in a way that fosters open innovation, support from the top management seems to be crucial. Is this really the case? Or are top executives too far away from the action when it comes to innovation and open innovation?
Stanford University Professors Hayagreeva (Huggy) Rao and Bob Sutton are addressing the “problem of more” in business with their new book, Scaling up Excellence: Getting to More Without Settling for Less. Together, They unpack the principles that help to cascade excellence throughout an organization, as well as provide strategy on eliminating destructive beliefs and behaviors that will hold them back.
For today’s businesses, innovation isn’t just about having a team focused on building a new product or service. It’s a way of thinking and acting that leaders in every department must now incorporate into every day work life. Innovator’s Accelerator is an online learning experience created by the world’s premier innovation experts to help leaders take on the new normal.
One of the most crucial elements to success is the communication and promotion strategy of an innovation initiative. This is not only important during its launch, but throughout the lifetime of the program. Not paying enough attention to this topic from the beginning is likely to result in low participation and poor results. In this IM Channel One webinar learn more about how to promote an innovation program effectively to raise awareness and get sustainable engagement.
The more things change, the less they do. This is the reality that the 4th Benchmark Survey on Product Portfolio Management has uncovered: product organizations reveal that they face an ever-tightening vice grip of market pressures without a corresponding increase in the quality or availability of those factors that would enable speeding innovation in the face of those pressures. Watch this IM Channel One Ask the Expert Q&A Webcast and learn about tangible methods to build a road map for sustainable innovation.
This IM Channel One Ask the Expert Q&A hosted by NineSigma shares hands-on experiences on how open Innovation can be applied to mitigate operator bias in the pharma industry. By formulating business cases that address global healthcare needs, the pharmaceutical industry can open new avenues of innovation that are built on existing solid assets, developing accessory devices and services, creating user communities (medical and/or patient) and strategies to defend against the generic erosion of revenue.
Is it possible for companies to teach the skills of innovation to leaders and teams to help secure a marketplace advantage? The six-week Innovator’s Accelerator™online program is designed to do just that: impart the skills of the innovator–as taught by industry leaders and demonstrated through case studies–in as little as one hour per day.
Product organizations often fill their pipelines with more ideas than their budget and resources can handle because they lack the means to identify and prioritize the winning ideas. The result is that most organizations have too many projects for their resources and miss opportunities to develop the products that will gain them market share. In this IM Channel One Ask the Expert Q&A hosted by Planview, the experts discussed how organizations should assess which products are market-worthy, and how to prioritize them to justify resource allocation is critical to the product organization’s success.
Today, the “business as usual” is not sufficient. What we experience at an increasing pace are razor-thin margins, heightened global competition and a rollercoaster economy. Innovation is the key to creating and sustaining a business’s competitive advantage. In fact, without it, the results can be catastrophic. But there is good news: research shows that anyone can learn the skills needed to become more innovative. In this Expert Roundtable Discussion learn more about how innovation can be learned, what the key innovation skills are, and how companies can support a culture of innovation.
Though companies invest into innovation they like results less and less. There seems to be a glass ceiling for driving innovation, which neither new tools and processes nor innovation consultants seem to crack. It is time to face the elephant in the room: company culture and its impact on innovation performance. Top management needs to learn deal with it. Then company culture will become a driver of innovation rather than getting in the way.
Many organizations are recognizing the power of involving much larger and diverse groups in enterprise innovation. Some company cultures react well to the initiative, others are much more cautious. Building a sustainable culture where everyone’s happy to share ideas and contribute to company challenges can be tough for innovation professionals. In this session we explore how to create engagement from every corner of the enterprise to help your organization reach its innovation potential.
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.
The new corporate venturing adapts open innovation tools to ensure that the created future options can be realized. Proven open innovation practices, such as challenge diffusion or RFPs, stealth scouting and ecosystem landscaping, are very amenable to successful corporate venture portfolio building. In this IM Channel One Expert Roundtable Discussion we heard from corporate venturing leaders how they view the future of corporate venturing and how they see the way open innovation can and will contribute to their corporate venturing activities and global innovation strategy.
