financial strategy Archives - InnovationManagement

How to Get Your Innovative Idea off the Ground in the Current Economic Climate

Incredibly, business confidence in the UK is continuing to rise, despite the spectre of Brexit and its potential implications on citizens. Many experts have attribute this to the growth of the manufacturing sector, which recorded a Credit Manager's Index (CMI) score of 62.7 during the first quarter of 2017 and a 1.5% increase from the previous quarter. This hints at significant growth potential for product-oriented firms, which are currently able to increase exports due to a more competitively priced (and fundamentally weaker) pound.

Ideascale2021-12-14T08:06:33-08:00June 1st, 2017|Categories: Trend Alert|Tags: brexit, Collaboration, collaborative innovation, Communication, economy, financial strategy, front end of innovation, fundraising, innovation process, Innovation Strategy, innovation success, partnership, Product Development, product pricing|

The CFO: the Innovator’s Best Friend

The front end of innovation offers organizations engagement. Engaged people bring more of their gifts to the table. The back end of innovation offers organizations ideas that, when implemented, bring relative advantage. Each idea has its own story of relative advantage and risk. How do you tell the back end story in a valid, credible way? In this article innovation architect Doug Collins commends people who practice collaborative innovation to their organization’s chief financial officer. Having heard many, many tales of the back end, she can guide you. You can help her, too.

Ideascale2019-10-15T15:13:35-07:00April 16th, 2013|Categories: Collaborative Innovation|Tags: back end of innovation, CFO, collaborative innovation, cross-communication, finance, financial strategy, front end of innovation, idea, leadership, risk management|

How to Effectively Manage the Fuzzy Back End of Innovation

You have doubtless heard of the fuzzy front end of innovation. It is another name for idea generation. But Jeffrey Baumgartner believes that the back end of innovation, where implementation is supposed to take place, is just as fuzzy. Many companies lack clear, efficient processes for implementing the ideas they generate.

R&D Spending Returns to Pre-Recession Levels, Finds Strategy& Global Innovation 1000 Study

Year after year, our Global Innovation 1000 study has demonstrated that it is not how much companies spend on research and development that determines success — what really matters is how those R&D funds are invested in talent, process, and tools. In addition to our recurring analysis of R&D spending trends, our eighth annual study of the world’s 1000 largest corporate R&D spenders focuses on the “fuzzy front-end” of the innovation process — the tools, mechanisms and networks companies use to generate ideas and effectively convert them into commercialization projects.

Ideascale2021-12-05T08:41:44-08:00November 7th, 2012|Categories: Report|Tags: case study, download, economy, financial strategy, in-depth article, R&D, r&d spending, trends|

Financial Innovation and its Undeniable Role in Society

Innovation in the area of financial services has undergone increased criticism since the start of the difficulties in international banking. This has fueled a general negative perception of innovation in financial services. In this article Dr. Anne-Laure Mention argues that innovation is not something to be feared as such, actually it is a driver of competitiveness and that the full benefits for society might not yet be visible.

Ideascale2021-12-05T08:21:52-08:00September 20th, 2012|Categories: Organization & Culture|Tags: banking, Change Management, Competition, financial innovation, financial services, financial strategy, fintech, mobile, mobile banking, process innovation, radical innovation, regulation, regulations, society, Technology, trend|

Why HR and Finance will Love Collaborative Innovation

It’s good to have friends in high places as you transform the world through the practice of collaborative innovation. In this article innovation architect Doug Collins introduces you to your buddies in human resources and finance. Say hello!

Ideascale2021-12-03T14:42:14-08:00August 7th, 2012|Categories: Collaborative Innovation|Tags: collaborative innovation, Communication, cross-communication, finance, financial strategy, HR, innovation champion, knowledge transfer, leadership|

Financial Management for Innovation

Seldom spoken about, the capacity to capture, allocate, control and utilize financial resources is fundamental to innovation. Without strong financial management, innovation might come to a dead stop, might never happen or might just cost much more than it should. In this blog Caspar van Rijnbach asks the questions to take into consideration when managing finances for your innovation portfolio.

Ideascale2021-12-03T07:35:03-08:00May 16th, 2012|Categories: Evergreen|Tags: financial management, financial resources, financial strategy, funding innovation, innovation investment, innovation resources, investment|

Rethinking the Financial Drivers in Innovation Culture

Recent reports in the Harvard Business Review question the efficiency of the traditional Silicon Valley venture capital innovation funding model and more emphasis is now being placed on how to manage the innovation process in a low finance environment. In this article we look at one grass roots movement that is providing a model for creating the widest possible innovation culture, at the same time bringing this new innovation management thinking into the mainstream.

Ideascale2021-12-01T15:46:05-08:00October 11th, 2010|Categories: Organization & Culture|Tags: enterprise innovation, financial innovation, financial strategy, financing innovation, grassroots, Innovation Culture, innovation funding, Innovation Management, innovation policy, innovation process, process improvement, research, sector clusters, social innovation, venture capital|

Building a Company

Rowan Gibson explains how intellectual capital has become an outdated way to measure an organization's worth. What's needed are new measures used to create value today, such as imagination capital, entrepreneurial capital and relationship capital.

Sarah Vandenberg2021-11-29T15:58:53-08:00July 14th, 2009|Categories: Support for SMEs|Tags: business value, enterprise innovation, entrepreneur, entrepreneurial capital, financial strategy, imagination capital, network, Problem Solving, relationship capital, SME, startup, value, value creation, value model, value proposition|

How do you Connect Innovation to Business Strategy?

The third major issue to be tackled by our distinguished panel of innovation practitioners is connecting innovation to business strategy. Specifically, how do you connect innovation to business strategy, and get the funding and senior management commitment to follow through on both short- and long-term innovation initiatives?

Sarah Vandenberg2021-11-29T13:42:24-08:00March 19th, 2008|Categories: Interview, Strategies|Tags: corporate strategy, enterprise innovation, financial strategy, Innovation Expert Panel, Interview, interviews, resource management, Strategies business strategy|