Tag Archives: Innovation Management

Innovation and How to Recruit and Retain Top Millennial Talent

Innovation and How to Recruit and Retain Top Millennial Talent

As discussed in the new innovation book Robert’s Rules of Innovation II: The Art of Implementation, one of the biggest reasons why the actual implementation of innovation can become such a formidable if not insurmountable process is because of people-related issues. A key element to successfully implementing innovation is finding and keeping the right people. While it goes without saying ...

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Trend-driven Innovation for Product Managers

Consumer Trends

Smart product managers study trends and innovate accordingly. This is trend-driven innovation. Uber’s success is an excellent example of trend-driven innovation. It made transportation more convenient and also made earning money easier for drivers. Both were possible due to changes in perceptions of sharing – a trend that became known as the sharing economy. Trends can be a product manager’s ...

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3 Business Innovation Reports You Must Read Right Now

microsoft.com

The following business innovation reports cover three core elements that consistently prove important to success: developing a certain kind of company culture; the connection between data, legislature, challenges, and opportunities; and finally, emerging business trends that continuously impact enterprise innovation programs.

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What’s Your Innovation Ambition?

What's Your Innovation Ambition?

As Oscar Wilde said, “We are all in the gutter; but some of us are looking at the stars”.  To me this phrase says a lot about ambition.  It starts with a vision, a dream, an inspiring view of where we want to be in the future.  Of course the bit about being in the gutter is a bit dramatic; ...

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Innovate like a startup or like big business?

Startup and Big Company

Startups are king when it comes to innovation. Indeed, established companies often strive to behave more like startups. But in reality, it is quite challenging. Startups, on the other hand, wish they had access to resources, particularly capital. So, there’s something to be said for the large corporation: It has experience, distribution channels, and access to cash. Each wants what ...

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Four Routes to Simplify Innovation

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The Fuzzy Front End of innovation ends when an organization approves and begins the formal development of a new concept.[i] It’s the end of the beginning. This informal start of innovation is unfortunately packed with lots of obstacles that should be avoided. To raise the effectiveness of your efforts, I like to simplify the front end of innovation by giving you four ...

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Top 8 Myths about Innovators and Innovation—Debunked! (Part 2 of 2)

Myths about Innovators and Innovation—Debunked!

Today’s business world is buzzing with talk about innovators and innovation. While it’s a good thing that innovation is on the forefront of people’s minds, popular thinking about innovation and the culture of innovation in business is often substantially misguided. There are widespread myths about innovation and innovators that lead to significant misconceptions and can ultimately even hinder or destroy ...

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Don’t Neglect Innovation

Don't Neglect Innovation

I haven’t been contributing as many articles here, as a result of some intensive consultancy projects and some personal time. Now that I’m back, refreshed and raring to go, the first thing that struck me was the analogy to innovation itself.  It’s easy for companies to be distracted and take the eye off innovation.  In many cases, it does indeed ...

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Building Product Lifecycle Excellence

Building Product Lifecycle Excellence

Developing products in today’s market is a formidable task. Cycle times are shrinking and the pressure to do more with less is increasing. As the stress to get products to market faster increases, little room is left for learning through mistakes. But isn’t making mistakes an important part of the process?

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Strategic Canaries

Canary

Animal sentinels, such as canaries in coal mines, provide critical warnings to people in vulnerable positions. Because they more quickly succumb to the danger in the environment, they can give crucial time for people to escape when things have gone horribly wrong. Since innovation is a process of evaluating available options, knowing when one option, or a group of options, should be abandoned.

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