innovation portfolio Archives - Page 2 of 2

Balancing Innovation Via Organizational Ambidexterity – Part 1

Organizational ambidexterity is becoming a Key Factor for Success in many industries. With a proper ambidextrous set-up, firms can optimally balance radical and incremental innovation.This is part 1 of a 3-part article co-written by innovation-3’s Frank Mattes and Ralph-Christian Ohr from Integrative Innovation. In this article we are showing the need for organizational ambidexterity, introduce the concept, show how it can be implemented and provide two case studies from leading German firms

Ideascale2020-03-30T12:07:52-07:00May 29th, 2013|Categories: Organization & Culture|Tags: adaptability, ambidexterity, Best Practices, breakthrough innovation, business development, business model, case study, in-depth article, incremental innovation, innovation, Innovation Management, innovation portfolio, Organization, organizational ambidexterity, Product Development, radical innovation, strategy|

How a Decision Room Can Enable Change and Innovation

One of the challenges leaders face in times of uncertainty and rapid change is helping senior managers to engage in bigger-picture thinking. To enable this process, a growing number of companies are creating “decision rooms” – dedicated areas that help them visualize challenges and opportunities from a number of perspectives and make better decisions.

Ideascale2019-10-15T15:13:43-07:00March 15th, 2013|Categories: Enabling Factors, Leadership, Open Innovation|Tags: Best Practices, big picture, case study, complex problems, decision making, decision room, incremental gains, innovation portfolio, memory theater, portfolio management, Problem Solving, R&D, Teamwork, visualization|

How Crowdsourcing Impacts Innovation Portfolio Management

In this in-depth article we present how Open innovation meshes with crowd sourcing, drawing on ideation, market needs and opportunities, to fuel a balanced portfolio with actionable innovation challenges, or « the right things to do », and converges these with a need driven approach to source the ways of « doing things right ». We will illustrate this innovation continuity with a number of examples and a focus onto the food and drink industry.

Ideascale2019-10-15T15:12:25-07:00February 21st, 2013|Categories: Open Innovation, Strategies|Tags: case study, Crowdsourcing, download, Ideation, in-depth article, Innovation Management, innovation portfolio, market needs, portfolio management, research, trends|

Fostering Innovation through Effective Risk Management

Risk management can provide visibility, analytical insights and governance that can help companies better manage and optimize their innovation portfolio. In this article Adi Alon and Ken Hooper look at learnings from the VC industry and risk management practices to provide three principles that can drive higher return from an innovation investment.

Ideascale2021-12-05T09:22:42-08:00January 3rd, 2013|Categories: Strategies|Tags: agile innovation, analytics, control, flexibility, innovation controlling, Innovation Culture, innovation portfolio, innovation processes, portfolio management, risk management, speed, speed of innovation, stage gate, stage gates, sustainable growth, venture capital|

A Strategically-Focused Innovation Process

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.

Establishing the Foundations for a Balanced Innovation Portfolio

Corporate innovation programs can’t fulfill their potential without the right foundations in place. Many organizations are taking their programs across the enterprise. In this article we consider three key foundations and how they can be boosted to improve corporate innovation: the linkage between every day innovation and corporate targets, the levels of openness, trust and acceptance of diverse opinions.

Ideascale2021-12-05T08:21:38-08:00September 17th, 2012|Categories: Organization & Culture, Strategies|Tags: Best Practices, business focused innovation, Communication, community, corporate innovation, foundations, in-depth article, innovation foundation, Innovation Management, innovation portfolio, Innovation Strategy, portfolio management, sustainable innovation|

To be More Innovative, Think like a Venture Capitalist

The most innovative leaders have a mindset like that of a venture capitalist. They take a portfolio view of innovation projects. The venture capitalist will invest in a basket of different start-up companies, fully knowing that most will fail. A few might break even and one or two might be successes. But one big success can pay back the costs of all the failures. Even though he is smart, the VC does not know at the outset which ventures will succeed and which will fail so initially he backs them all. As time goes on he cuts funding for the failures and gives more to the winners.