Strategies

  • picking-the-right-stakeholders-for-open-innovation

    Picking the Right Stakeholders for Open Innovation

    January 19, 2017 | By:

    What external stakeholder groups can you tap into to build value for your innovation initiatives? Are your relationships with these external stakeholder groups solid or do you need to do additional work to build good, mutually beneficial working relationships? Are there potential stakeholder groups that you have not yet tapped at all? If so, what is your plan for reaching out to organizations within these pools so that you can further expand your innovation ecosystem? Are your channels for communicating with your external stakeholders strong or do they need further work?

  • rebuild-personas-according-to-your-next-product-innovation

    Rebuild Personas According to Your Next Product Innovation

    January 5, 2017 | By:

    Using personas in your design thinking framework is important, but are the results satisfying and clear? In this article, Product Innovation Manager Alex Igor Sanghikian discusses the Adjacent Possibilities framework for product management. By exclusively focusing on your persona’s one main need and trying hard to fulfill that need with your product, you can build the next feature with a more focused vision.

  • digital-or-dead-report

    Digital or Dead – An Expert Study

    January 3, 2017 | By:

    Nearly all executives have acknowledged the relevance of digitization and related trends, such as the Internet of Things, connectivity, and industry 4.0. However, the full impact of digitization has usually not been understood in detail. Moreover, most firms struggle to implement digitization initiatives successfully.

  • why-it-takes-time-to-be-an-overnight-success

    Why it Takes Time to be an Overnight Success

    December 27, 2016 | By:

    When it comes to transformation programs, internal alignment forms the foundation for strategic success. Naturally, aligning an organisation to its strategic priorities requires serious upfront investment in terms of time. But without this time, it’s a case of ‘fail to prepare – prepare to fail’.

  • involving-citizens-in-government-product-development

    Involving Citizens in Government Product Development

    December 19, 2016 | By:

    The election of 2016 will certainly be one for the history books. Regardless of your political leanings, there was one sure thing to celebrate during this election cycle. The Innovate Your State Fix California Challenge—a crowdsourcing campaign aimed at promoting public participation in order to determine ways to improve government—had an initiative on the ballot in California!

  • scaling-how-to-slay-the-entrepreneurial-dragon

    Scaling: How to Slay the Entrepreneurial Dragon

    December 13, 2016 | By:

    If you’re reading this, then you probably know the feeling – You’ve reached a certain point in your company’s growth where everything is looking good: you have the right people, the right product, and everyone is happy. Then, you realize that this comfort isn’t going to last forever. Scaling up is a scary step, because it’s easy to be too ambitious and undermine the progress you’ve already made.

  • seven-card-game-to-innovate-like-tesla

    The Card Game to Help You Innovate Like Tesla

    December 8, 2016 | By:

    Visions and consequently major innovations are molded by the technical and human revolutions that industries live in. In a time when just one big industrial revolution existed, every company simply had to follow the common path (see production automation in the 60′s-70′s). The 20th century car industry was a good example. Then Internet technology came onto the scene (more complex and diverse than the web from the early 2000′s) and the thread for innovation is no longer so straight forward.

  • disruption-planning-creating-options-and-pathways

    Disruption Planning 2- Creating Options and Pathways

    December 6, 2016 | By:

    In this in-depth article Haydn Shaughnessy discusses why traditional ROI decision making is becoming irrelevant and how options planning is a key element of competitiveness. In these uncertain times firms need to recognise and analyse their options thoroughly in order to be ready for inevitable change.

  • leap-innovation

    Leap Innovation: a Strategy to Get Ahead and Stay Relevant

    November 29, 2016 | By:

    The importance of innovation for organizations to remain competitive is widely discussed and well accepted by scholars and practicing managers. However, failures in innovation attempts are quite common and raise many questions. Why do firms with innovative products fail? Does market acceptance of innovations alone guarantee continuous success? Is it innovation strategy that can ensure long-term prosperity? One can argue that it is not only how to innovate that matters, but also where, what and when to innovate that make the difference.

  • 7-steps-to-platform-transformation-part-i

    7 Steps to Platform Transformation – Part I

    November 28, 2016 | By:

    Too many notes, Mozart was once told. Too many ideas, we might say today. The culture of innovation is awash with idea generation and its sidekick, fail-fast fail cheap innovation. Worse, we need a culture of transformation not just innovation. Accenture recently reported that 81% of executives they interviewed see platforms as central to their strategy over the next three years.

  • managing-risk-shortcuts-for-project-managers

    Managing Risk and Shortcuts for Project Managers

    November 24, 2016 | By:

    Project managers are often dealing with loads of stress coming from all fronts, such as the pursuit of deadlines. Pressed by senior managers to deliver, project managers may find themselves resorting to risky shortcuts to make ends meet. Here are some ways to manage these risky shortcuts in project management.

  • value-incremental-innovation-vs-value-radical-innovation

    The Value of Disruptive Innovation vs. the Value of Incremental Innovation

    November 21, 2016 | By:

    Most startups hope to disrupt their markets by delivering a novel idea or a more-suitable functionality—frequently at a lower price. Disruptive Innovation may be how your company arrives, but ultimately, as competition grows and your business and brand evolves, you will need incremental innovation to stay relevant.

  • innovation-fitness

    Innovation Fitness: Measuring It to Maximize It

    November 14, 2016 | By:

    To gauge the innovation capabilities of an enterprise, it is helpful to apply a systematic method for assessing the quality of, and the relationship between the various and distinct dimensions that drive all functions of the enterprise. As with a sports team, simply having talent does not ensure success. It is the quality of the team work which ultimately elevates or hinders the level of their play.

  • how-is-crowdsourcing-uniquely-beneficial-to-technologists

    How is Crowdsourcing Uniquely Beneficial to Technologists

    November 7, 2016 | By:

    Innovation proves vital for companies across industries, but carries key importance in the technology field. Mainstream perception of the tech industry conjures illustrations of cutting edge, never-before-seen products poised to disrupt and revolutionize daily lives.

  • how-to-increase-return-on-innovation

    How to Increase your ‘Return on Innovation’?

    November 3, 2016 | By:

    While the importance of innovation is crystal clear for many organizations, daily execution usually remains challenging. When renewing products, services or business processes, companies often encounter the same obstacles. But what if companies could learn from each other? Can innovation be streamlined by sharing successes and failures? That’s precisely what the first CREAX innovation roundtable was determined to find out. In collaboration with Oracle, we gathered a diverse group of innovation professionals for a lively debate on how to move from theorizing to getting things done. This is what we learned.

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