InnovationManagement.se

Discover new possibilities with Reverse Innovation

Before the radical shifts in technology disrupt the industry fabric, there exists a great potential to appropriate value from the market through incremental product and business model innovations. The less intense the competition, less matured the market - larger is the potential. The emerging markets of the world the BRICs (where s could stand for the plurality as well as South Africa), have long been projected as the markets to invest in. These countries have a thriving middle class; more than...

New products from InnovationManagement.se

In March InnovationManagement.se will launch a new site that, besides a new look, will introduce new improved offers to its readers. The platform will continue sharing knowledge and inspiration within the field of innovation management through free content in the magazine. The new value proposition is to, on top of that, also offer visitors the possibility to buy subscriptions to new products that provide further in-depth knowledge and inspiration, such as IM Actionable Manuals™.

Interplay of innovation and Complexity

We hear often that smaller companies innovate better as they are more flexible, faster and creative as compared to larger organisations. This is all but half true. Its not the size of an organisation that decelerates the innovative pace-rather complexity. Hence organisations seeking sustainable growth need to find the balance between innovation and complexity.

What’s up in innovation management in the online world?

What are good metrics to measure the progress of innovative projects? How should you decide if an innovation is too innovative for your firm? Who was the most disruptive innovator of the last decade? Is there an easy method for improved customer insight? Answers to these are linked to in this week’s column. Here are the most actionable or inspirational blog posts from the open web!

Searching for innovation excellence

We all seem to want more innovation these days. But do we really know what we are searching for? Do we understand the true meaning of innovation? Or are we stuck in a paradigm that doesn’t fit the original meaning of the term? Find out more in this article by Per Frankelius, Ph.D., and Associate Professor at Örebro University.

The new nature of innovation revealed

The paradigm of innovation as driven primarily by technology and science is passé. A new paradigm is emerging, with the publication of success stories of companies innovating through other ways. The Danish and Finnish governments jointly funded a study into the new nature of innovation, as a contribution to the OECD’s work on innovation strategy. Innovationmanagement.se asked the FORA team behind the report to present the highlights. FORA is a research and analysis division under the Danish Auth...

Exovation – the flip side of innovation

"It is unlikely that you have ever met the concept of exovation before; I invented it in April 2008. Invented? Yes, indeed – even if a Google search obtains a couple hundred hits; but they have nothing to do with the concept as I have defined it. You will see, presently." Read more in this weeks´ column by Bengt-Arne Vedin, PhD and Professor emeritus in innovation management.

Collaboration is the new hot thing

Collaboration is the new hot thing. The idea is not new and one can trace its origins from the Silk route, to the old Italian Shipping cluster, to the Medicis, to the evolution of different industries, to the new age of globalisation to the new age we see today. However, we live in a business age with hype cycles and buzzwords serving as adrenalins. Everybody is talking collaboration. The new impetus has come because of three main reasons.

The first reason being the ...

Preparing for tomorrow’s innovations today

Being the General Manager of TomorrowLab, Steven Peleman knows what is important for the creation of innovation in companies and organizations. Bringing people together outside their companies and helping them to develop new views of their existing innovation organization make a good start. Getting them to take more chances is even better.

COP15: A derailed innovation management process

We have flipped the calendar and entered a new decade. It is a month since the closure of COP15, and we are still analysing results. Innovations were claimed to be the drivers required to reduce CO2-emissions. And, in this context, COP15 kicked off an innovation management process, involving heads of states, and a steering committee, and it was hoped would show the way to a better tomorrow. What went wrong and why did it go so wrong?

Happy new innovative 2010!

After a tumultuous year, executives are now rather hopeful about their nations’ economies and their companies’ prospects, according to a McKinsey global survey done during December 2009. The results show that just over half of executives continue to say that economic conditions are now better than they were in September 2008, and a majority expects customer demand for their companies’ products or services to rise in the near term.

What´s up in innovation management in the online world?

Happy new 2010! Finally, markets seem to be recovering from what Time Magazine refers to as “the Decade from hell” and demand is predicted to increase. Some actually claim that the estimates for global growth in the near future are fantastic. And what were the 12 most important management trends in the last decade? Here are the most actionable or inspirational blog posts and articles from the open web.

Intelligent tool to create food innovation

In Denmark, new food trends are popping up like mushrooms. Consumers want climate-friendly, organic food that is locally produced. They want to be informed about calorie-content when they eat in restaurants, and they want ‘homemade’ food – cooked by someone else. These demands are producing a challenging environment for food producers, who often do not focus on developing the most appropriate products. However, change is underway. A new tool, Food Innovator, should help businesses to involve con...

New member of the InnovationManagement team

-We are very happy to present Mr Gunjan Bhardwaj as a new member of our team. Gunjan has a lot of knowledge and experience within the field of innovation management that will help us add value to our content.  In addition to that he has extensive international experience, including Europe, US and Asia, which will also benefit our readers in different ways, says Mr Lars Percy Andersson, Founder & Managing Director of InnovationManagement.se.

Key takeaways from the Open Innovation Summit

This year`s inaugural Open Innovation Summit in Orlando FL, 2-5 December 2009, was an intensive and successful, and provided detailed insights into how Open Innovation is manifesting itself as a fast developing paradigm shift. There was a general consensus among the many participants that the value proposition of open innovation is too good to miss out on.

Standards for innovation management – a helpful tool?

To promote innovation is a key issue at political, economical and professional levels and has become a critical effort across Europe. That´s why 13 European countries are currently collaborating to create a European standard that will provide guidance and good practices to beginners as well as a systematic method to strongly innovative companies. InnovationManagement.se asked Fernando J. Utrilla, Secretary of the committee about the work in progress.

What´s up in innovation management in the online world?

What did a first class researcher write about organizational values for agility? Are there eight critical capabilities necessary for innovation? What is the difference between strategic and business model innovation? Welcome to have a look at the review of December's online discussions.

InnovationManagement.se is growing!

It´s the time of the year when you might want to reflect on what has passed, and look forward to what´s to come in the year ahead. For InnovationManagement.se it has been a rather bumpy, but also very satisfying year. One of the things that we are very pleased with is that our readership and the numbers of our subscribers have been steadily increasing. We send warm thanks to all our readers who help us keep on developing the magazine and the site!

Lean Innovation Management for SMEs

The use of innovation management increases your operational margins. This was one of the key findings of a European study on Innovation Management performance within SMEs. The growth champions were reaching approximately 12% operational margins, an exceptional performance compared to the 5% operational margin of the average SME. In this article Dr. Dirk Balfanz and Dr. Bernhard Kölmel describe a lean and efficient approach to Innovation Management specifically targeted to the needs of SMEs.

Are your innovation efforts working against your business?

The ability to develop breakthrough products and services has become the holy grail of innovation. However, many companies struggle to develop breakthroughs even though they may be very innovative in other ways. Could it be that a different organizational barrier exists that is specific to breakthrough innovation? Examining the purpose of innovation relative to the purpose of your business may provide the answer, suggests Ellen Di Resta, Founder of Synaptics Group, Inc.