innovation strategy

  • Report-getting-connected-products-right

    Getting Connected Products Right

    October 11, 2016 | By: | In: Reports

    Why do so many companies seem to be sitting on the sidelines when it comes to creating connected products and designing services that tie into them? The cost of adding wireless connectivity to a device is plummeting toward $1. Projections about how many Internet of Things (IoT) objects will be part of our lives, at work or at home, range from 12 billion by 2020 (Cisco) to 50 billion (Ericsson and Intel).

  • the-changing-face-of-corporate-intrapreneurship

    The Changing Face of Corporate Intrapreneurship

    September 26, 2016 | By: | In: Organization & Culture

    In early September 85 smart people gathered for two days at the Pfizer conference center in New York City to talk about their practical experience in identifying, engaging, driving value from and (at times) failing with the most innovative employees in their respective businesses. The 2016 Corporate Intrapreneur Summit was 100% on point in targeting key areas of interest around how intrapreneurs in a corporate setting.

  • a-roadmap-for-building-corporate-innovation-capabilities

    A Roadmap for Building Corporate Innovation Capabilities

    September 22, 2016 | By: | In: Enabling Factors, Strategies

    What should a roadmap that helps you develop corporate innovation capabilities look like? How do you bring new thoughts and approaches together with current and past initiatives (both successes and failures) and turn this into a single framework? How do you keep pushing and developing your organization to become more flexible and agile without losing out on the current overall efforts and expected results?

  • key-innovation-challenges

    What are the Key Innovation Challenges?

    September 19, 2016 | By: | In: Strategies

    Innovation has become a business mantra and a word that threatens to lose all meaning every time it’s uttered at another conference or thrown into another book title. But in spite of its omnipresence it continues to be essential – a growing field – and one of the only practices that might save businesses from extinction.

  • fuzzy-front-end

    How to Innovate Efficiently: Six Ways to ‘Unfuzzy’ the Front-end

    September 6, 2016 | By: | In: Front End of Innovation, Strategies

    Kittens are ‘fuzzy’ because they’re soft and fluffy. But if someone uses the same word to describe the early stages – or ‘front-end’ – of an innovation process, the meaning is less cute. In that case, ‘fuzzy’ means ‘blurry’, ‘unclear’ or even ‘incoherent’. In many cases, innovation projects start off as chaotic and seemingly aimless ventures. In fact, this happens so often, that organizations tend to accept the ‘fuzzy front-end of innovation’ as a necessary evil. At CREAX, we believe front-end fuzziness can and should be drastically reduced in order to innovate efficiently.

  • innovation-ecosystem-network

    Creating an Innovation Network with Rob Wolcott

    September 2, 2016 | By: | In: Innovation Ecosystem, Podcast

    As Co-Founder & Executive Director of the Kellogg Innovation Network (KIN) and a Clinical Professor of Entrepreneurship & Innovation, Rob Wolcott knows a bit about networking and the politics of innovation. In this episode of Innovation Ecosystem Rob shares practical advice for intrapreneurs who are looking to get stuff done from within the middle of the organization. And for growth leaders of businesses, he also has some great tips about where to get your inspiration!

  • integrating-agile-with-stage-gate-better-faster-innovation

    Integrating Agile with Stage-Gate® – How New Agile-Scrum Methods Lead to Faster and Better Innovation

    August 9, 2016 | By: | In: Strategies

    Recent experiences show that Agile project-management methods can be used in the innovation process and has a great potential to reduce development time and increase the success rate of new products. The article briefly outlines how an Agile method, such as Scrum, can be used within a structured innovation process with milestones and decision points, such as Stage-Gate®, and what benefits it provides to both manufacturers and service-providers.

  • multitasking-challenge-of-intermediaries-in-sme-innovation

    Multi-tasking – The Challenge of Intermediaries in SME Support for Innovation

    August 8, 2016 | By: | In: Support for SMEs

    In view of creating more competitive regions and industry sectors, innovation capabilities of SMEs play a central role. SMEs are strong economic drivers in many countries, and their ability to innovate will determine the health of national and regional economies in the future. A key support for SMEs in their innovation efforts are public innovation support programmes.

  • intrapreneurs-beyond-the-innovation-theatre

    Intrapreneurship: Beyond Innovation Theater

    July 20, 2016 | By: | In: Interviews, Organization & Culture

    Despite their rising popularity, many companies are finding it difficult to yield sustainable results from their innovation and intrapreneurship programs. What does it take to go beyond the one-time initiative (or in rare some cases, the one-hit wonder)? We sat down with four speakers for the upcoming Intrapreneurship Conference in London, as a taster to what will be discussed during the day.

  • innovation-unplugged

    30 Minutes to Get Unplugged from the Innovation Hype

    July 14, 2016 | By: | In: Book Reviews

    At a time when organisations are plugging more effort into innovation, Gerard Harkin has written a book called ‘Innovation Unplugged’. Why? As he puts it himself, Gerard is on a mission to make innovation more effective by ‘unplugging’ from the hype, confusion and ‘gobbledygook’ that are so prevalent today, and return to the basic principles of innovation, and its role in enabling business growth.

  • avoid-innovation-paralysis-embrace-change

    Avoid Innovation Paralysis – Why all Companies Can and Must Embrace Change

    July 4, 2016 | By: | In: Enabling Factors, Life Cycle Processes

    Someone once told me this: “Innovation is like an apparition of the Virgin Mary: one person saw her, but everyone talks about it.” Although funny, the quote aptly captures an attitude towards innovation that exists in many companies today. Innovation – and the skills that enable it – are sometimes considered as mystical gifts, preserved for the chosen few. In other cases, innovation is feared, because it involves unregulated processes, risk taking and investments with unpredictable outcomes. In this blog post, I’d like to make a case against this kind of innovation paralysis. Every company must innovate, and with the right understanding of the word ‘innovation’, every company can.

  • why-innovation-fails-and-how-to-succeed

    Why Innovation Fails (And How to Succeed)

    May 24, 2016 | By: | In: Organization & Culture

    Here’s a wild guess: the majority of large enterprises will probably claim they know exactly what innovation is all about. Yet, in spite of impressive resources, big companies are responsible for only a small fraction of disruptive innovations. What is at the root of this paradox? Why does so much innovation fail? And more importantly: what can companies do about it?

  • new-strategy-that-relies-on-innovation

    A Strategy that Requires Innovation

    March 30, 2016 | By: | In: Strategies

    Every executive knows that their teams should be more nimble, should be operating at a higher speed, and should be innovating. But these are all discrete capabilities, not necessarily in service to any greater strategy, and in fact much of what passes for strategy doesn’t understand how to take advantage of these capabilities. In this article, the authors describe the Maneuver Strategy from the new book, Outmaneuver. This strategy relies on innovation to achieve its goals, rather than accommodating innovation when it must.

  • how-innovation-authenticity-complement-each-other-in-a-corporate-environment

    How Innovation and Authenticity Complement Each Other in a Corporate Environment

    February 17, 2016 | By: | In: Organization & Culture

    Authenticity and innovation are two of today’s biggest corporate buzzwords. They are often considered as separate values, but in reality they have much in common and in this article we will examine the areas of overlap and potential leverage benefits.

  • Handshaking Businessmen

    Navigating the Make versus Buy Decision: A Crowd Sourced Check List

    February 16, 2016 | By: | In: Strategies

    Product managers facing the make versus buy decision for their organization have a lot to consider. Biases abound. In this article, the innovation architect Doug Collins shares what was on the minds of senior product management leaders on this topic when they convened, recently. Their top 10 factors follow below.