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Making Innovation Pay: Driving the Move from Innovation-Talk to Innovation-Do

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On May 31st, 3pm CET IM Channel One will host an Expert Panel Discussion on making innovation pay - providing you with new methods to increase the rate of innovation, reduce individual level costs per innovation and encourage fail fast methods. This session is all about unusual ways that....
Illustration by Anna Lena Schiller

Part 6: Choice Navigation in Reality: A closer look into the Customization500

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The customer's experience and a feeling of achievement during the co-design process is vital to the success of a custom product. In part 3 of the Mass Customization Series, Dominik Walcher & Frank Piller explain why managers should look beyond the sheer technology and back office integration of configuration....
Illustration by Anna Lena Schiller

Part 5: Choice Navigation: Turning Burden of Choice into an Experience

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When providing a customizable product how can a firm minimize the burden of choice and maximize the customer joy resulting from the co-creation process? In part five in this series on mass customization Professor Frank Piller explains how to turn choice complexity into customer experience and loyalty.
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How to Create an Innovation Mission Statement

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Often individuals and organizations tend to get stuck in the mode of talking about innovation and/or trying to understand innovation. The only way to really know innovation is to do innovation, and learn from your mistakes along the way. In this article Harun Asad suggests preparing an Innovation Mission....
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9 Different Models in use for Innovation Governance

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Research from Jean-Philippe Deschamps, Professor of Technology and Innovation Management at IMD, indicates that there are at least nine possible models of innovation governance, some of which are more widely used than others. This second article in a series of three on the topic of Innovation Governance will....
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10 Tips for Successful Innovation Teams

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Innovation projects are said to fail 90% of the time. Why is this? Part of the answer lies in the special “innovation teams” who are mandated with finding breakthrough growth in large corporations. Setting these teams up for success is vital, yet corporations often fail when doing this. This....