strategy

Strategy as an Innovative Design Process

Unpredictable, turbulent markets and fluid industry boundaries characterize today's global economy. Yet our approaches to strategic planning, formed in the closed markets of the Industrial Age, often assume exactly the opposite. As a result, companies are mired in commoditization, industry disruptions from unexpected competitors, stalled growth, and tentative strategies. To gain the agility needed to thrive in today's complex and demanding open markets, strategy must become an innovative design process focused on value creation, says Kay Plantes.

Ideascale2021-12-02T15:47:54-08:00June 8th, 2011|Categories: Strategies, Support for SMEs|Tags: agile innovation, agile project management, Business Model Innovation, design thinking, ecosystem, information economy, Innovation Strategy, micro-markets, platforms, portfolio, resilience, strategy, systems approach, value creation|

Overcoming Opportunity Blindness and Path Dependence: How To Think Your Way to Multiple Futures

In the age of permanent uncertainty there is a resurgent interest in scenario planning. Executives that have witnessed high profile decline of strong companies know that past success is no guaranteed guide to the future. Kevin McDermott & Peter Kennedy argue that scenario planning can be lifted out of its conventional uses in strategy development and risk management and used instead to avoid “opportunity blindness”.

Ideascale2021-12-02T15:14:18-08:00May 4th, 2011|Categories: Strategies|Tags: anticonventional thinking, conventional thinking, disruptive innovation, divergent thinking, Innovation Strategy, opportunity blindness, path dependence, project planning, risk management, roadblocks, scenario planning, strategic thinking, strategy|

The State of Open Innovation

How successful is Open Innovation as an innovation method? For leaders like Proctor and Gamble the answer is obvious but the same can't be said for the vast majority of enterprises taking this route. Doug Berger takes the soundings.

Ideascale2021-12-02T15:11:59-08:00April 27th, 2011|Categories: Enabling Factors, Open Innovation|Tags: business development, chief innovation officer, collaborative innovation, growth strategy, Ideation, innovation investment, innovation metrics, innovation results, Innovation Strategy, market growth, measuring innovation, Open Innovation, risk management, scaling, strategy|

An Open Innovation Reference Framework: Reducing Innovation

Can we bring an open collaborative spirit to understanding, describing and prescribing innovation methods? Paul Hobcraft and Jeffrey Philips believe we can and that it will greatly simplify the innovation process.

Sarah Vandenberg2021-12-02T15:11:53-08:00April 25th, 2011|Categories: Collaborative Innovation, Life Cycle Processes, Open Innovation, Strategies|Tags: collaborative innovation, common innovation model, innovation framework, innovation life cycle processes, model, Open Innovation, relationships, strategy|

Why Business Model Innovation is Critically Important Today

One of the few ways left for companies to protect their margins is through business model differentiation. According to Kay Plantes, business models have become the new basis of competition, replacing product features and benefits as the playing field on which companies emerge as dominant or laggards.

Sarah Vandenberg2021-11-16T13:03:15-08:00March 29th, 2011|Categories: Strategies, Support for SMEs, Trend Alert|Tags: business model differentiation, Business Model Innovation, buyer power, Competition, copycat competition, crisis, customers, free market economy, global market, globalization, messaging control, strategy, target market, transparency, trends, value|

Is it Time to Rewrite the Innovation Playbook: Ten New Requirements in the Age of Hyperinnovation

In the world of hyperinnovation innovation itself is changing. In place of a monolithic R&D based innovation culture we suddenly have a proliferation of innovation approaches and new pressures on enterprises to innovate. Haydn Shaughnessy and Nick Vitalari argue the innovation playbook needs to be rewritten, and relabelled.

Ideascale2021-12-02T15:04:17-08:00March 21st, 2011|Categories: Leadership, Strategies|Tags: analytics, business development, Business Model Innovation, business partnerships, Change Management, core competency, decision making, global market, globalization, hyperinnovation, incremental innovation, Innovation Culture, Innovation Management, innovation metrics, innovation processes, Innovation Strategy, IP & patent, knowledge sharing, partnerships, process improvement, speed of innovation, strategic partnership, strategy, sustainable growth, value chain|

The Critical Importance of Competitive Scenario Creation

Does your company currently consider alternative future states which anticipate your competitors' likely new product introductions? Or, new competitors, not yet known in the market? If not, it should.

Sarah Vandenberg2021-12-02T08:00:38-08:00February 23rd, 2011|Categories: Strategies|Tags: assessment, Competition, Competitive scenario, creation, economies of scale, enterprise innovation, leverage, product planning, R&D, scenario planning, strategy, tech scouting|

Make Yourself Obsolete or Your Competitors Will

As history teaches us, maintaining the status quo may keep you in the money in the short term, but long term it can hurt your company and your industry. You have two choices: Make yourself obsolete, or your competitors will, warns Patrick Lefler.

Sarah Vandenberg2021-12-01T15:53:16-08:00November 16th, 2010|Categories: Report, Strategies|Tags: case study, Competition, continue to innovate, invention, mindset, obsolete, status quo, strategy|

The Future Role of Innovation and Innovation Policy

Since 2009 we have been suffering a serious global economic crisis and the situations in most small countries, including Denmark, has been very difficult due to growing unemployment and unsustainable public finance deficits. This crisis has occurred at a time of structural problems related to an ageing population. InnovationManagement interviewed Bengt-Åke Lundvall, Professor in the Department of Business Studies at Aalborg University, on the role of innovation and innovation policy in this context.

Ideascale2021-12-01T15:46:03-08:00October 13th, 2010|Categories: Blog Archive, Interview|Tags: Denmark, employee driven innovation, europe, governance, government innovation, innovation policy, innovation research, Interview, intrapreneurs, Open Innovation, policy, productivity, strategy|

New research study discovers important dynamics of innovation and collaboration between networks

Researchers from Case Western Reserve and Temple University conducted an analysis of how innovations are created among multiple parties within a project at the Frank O. Gehry architecture firm. What they discovered is that networks of people and communities of interest are remarkably adept at creating innovations through an iterative process.

Sarah Vandenberg2020-08-04T17:34:49-07:00April 12th, 2010|Categories: Blog Archive, Strategies|Tags: boundaries, Collaboration, communities of interest, evolving, innovation, innovation research, iterative process, mindfulness, networks, path creation, patterns of creation, self-propagating system, strategy, trading zones, turbulence, wakes of innovation|

Innovation strategy: Praise the behaviors you want to see

If you want to change the culture of the organization then one of the best ways to do it is to praise the behaviors you want to see. If you want your people to be more adventurous, more entrepreneurial and more innovative then make a point of singling out for recognition those people who are acting like that, says Paul Sloane.

Sarah Vandenberg2021-12-01T13:35:28-08:00April 6th, 2010|Categories: Strategies|Tags: challenge, Collaboration, ideas, innovation, leader, praise, recognition, risk, strategy|

Three levels of open innovation maturity

There are three levels of open innovation maturity: externally aware, fully integrated and ecosystem orchestration. Innovation and growth performance improve as maturity increases.

Sarah Vandenberg2020-08-05T13:32:26-07:00February 16th, 2010|Categories: Collaborative Innovation, Open Innovation, Strategies|Tags: benchmarks, competitive advantage, culture of collaboration, ecosystem of companies, external ideas, innovation, maturity level, network, Open Innovation, partnerships, strategy|

What is lateral thinking?

Lateral thinking is one of those terms that many people have heard of, but probably very few of us really know what it means. So when I saw a very clear definition and description of it in Paul Sloane's excellent new book, How to be a Brilliant Thinker: Exercise Your Mind and Find Creative Solutions, I couldn't resist sharing it with you.

Sarah Vandenberg2021-11-16T13:01:11-08:00February 15th, 2010|Categories: Book Review, Strategies|Tags: boundaries, challenge, creative solutions, dominant ideas, lateral thinking, Problem Solving, strategy, what if|

How to find potential open innovation partners

The world if filled with incredibly smart people. If you can locate them and convince them to partner with you, they can help to drive your open innovation efforts forward. Stefan Lindegaard shares several strategies for making that happen.

Sarah Vandenberg2020-08-05T14:09:12-07:00February 8th, 2010|Categories: Collaborative Innovation, Open Innovation, Strategies|Tags: database, linkedin, networking, Open Innovation, partner, strategy|

Allocate Time for Innovation

One of the most common barriers to innovation is lack of time. People are just too busy doing their day job to spend time trying new things. Here are some common-sense strategies to help your people to be creative, from Paul Sloane.

Sarah Vandenberg2021-12-01T09:14:33-08:00December 14th, 2009|Categories: Leadership, Organization & Culture, Strategies|Tags: barrier, challenge, creative, empower, experiment, goal, ideas, leadership, organization & culture, permission, resources, slack time, strategy, time|