Processes & Tools

Call for SPIKE AWARDS: Social Product Innovation Leaders

When the SPIKE Awards were launched in 2010, the goal was to highlight the best examples of companies using social media principles and technologies to enhance and extend their innovation and product development processes. Our research on Social Media and the Product Lifecycle told us that forward-thinking companies were experimenting; piloting programs like open innovation, crowdsourcing,  social product development, public ...

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Drafting a Business Case for Innovation

You can only present an idea for the first time, once! So when you have the chance to present it to your board, be aware of the fact that a new product idea is not only ‘a creative product’ but also must comply to all the regular business criteria of your organisation too.  Does it have (extra) turnover potential? Does ...

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The 90 Day Innovation BHAG

Rapid, Disruptive Innovation Overview: In many organizations a false dichotomy is taken as innovation gospel. The choices offered are easy, short, “safe” incremental innovation or difficult, time consuming, risky disruptive innovation. Given these attributes, there is little wonder that most innovation is incremental innovation. We argue that this is a false dichotomy because given the appropriate methods, tools and management ...

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Your Implementation is Complete. Now, Where is the ROI?

Envision this situation: You and your team have successfully made it through go-live of your product portfolio management (PPM) software solution and you now have a system that is operational and being used to drive more effective decision making in the business. Things are going well until an executive asks you if the program is generating the benefits committed to in the business case. You stare at the executive blankly and stumble through the words, “I think so.” What do you do now?

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Kicking Off Innovation Transformation – The Charter Statement

The Charter Statement is the single most important tool to ensure an effective kick-off for enterprise innovation, or any complex transformation initiative. No wonder many innovation initiatives fail to deliver.  In my enterprise transformation work for 25 years, the Charter Statement is an exception and not the rule despite analogs for Six Sigma, Lean, CRM and ERP. The Charter Statement ...

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Innovation Rates of Exchange

Innovation happens across time. We often constrain our innovation because we ‘shoe horn’ any conceptual thinking into a given time, usually the yearly budgetary plan seems to exercise a large influence in this constraining. We should make the case that different types of innovation operate and evolve over different time horizons. I call this the innovation rates of exchange. A ...

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Your Innovation Portfolio is Precious

Strategy is about resource allocation. So is innovation, and portfolio management (PM) is one proper practice of investing resource according to your innovation strategy. Robert G. Cooper is a master in portfolio management. He has defined 10 best practices and 4 guidelines for portfolio management for new products: Best practices are: load the front-end of the project; install an idea ...

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