Innovation Strategies

 

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Discovering competitive strategies with the primary objective of developing products or services that differ from those of competitors.

 

Innovation White Papers

Employees_Need_Direction to_Foster_Profitable_Entrepreneurial_Ideas  The problem is not a shortage of entrepreneurial ideas. The real problem for many companies is their ability to channel that idea creation.

Why Is Innovation Management So Important to Compete  A massive paradigm shift in how business is conducted has paved the way for an environment that desires more and demands more.

The Secret To Unleashing Genius Amazon founder makes it a priority for all employees to come up with new ideas.

7 Key Decisions Behind Innovation Success A road map to Innovation, using a new tool: The HI-BOARD.

Why Innovate: The LinkBetween Strategy and Innovation                                       If things didn’t change, then your company could keep on doing what it’s always done, and there would be no need for innovation.

Open Innovation Issues and Roadblocks To help innovation practitioners understand the common challenges of open innovation, Dr. Brian Glassman and Dr. Abram Walton have written this comprehensive report.

How to Lead Your Creative People Being creative drives business. It adds real value to a business. Value to its people, value to its customers, and value to its bottom line. But There’s a gap between the value an organization places on being creative and its ability to tap into its creative resources to fully use the talents of its creative people, according to this report from Nigel Collin.

Creating an Innovation Portfolio Smart investors create a portfolio of investments that balance out – so if one investment isn’t performing, others can offset the loss. The same concept could be applied to the way you innovate in your organization, according to Jim Schwarz of TQS Systems.

Metrics for Idea Generation Metrics are one of many tools to monitor the performance of a process. For idea generation there are no general metrics which span across industries. Instead, an innovation manager must select idea generation metrics based on the strategy of their company and their current idea needs, according to Brian Glassman’s research.

Disruptive Innovation for the Non Profit Sector The non-profit sector is ripe for disruptive innovation, according to innovation expert Braden Kelley.

Innovation in the Fast Lane: The Speed Pass Approach to New Product Process New product development at many firms tends to get bogged down by stage-gate delays, bureaucracy and other distractions. This report from Guided Innovation offers tips and strategies for decreasing the cycle time and increasing the throughput of your innovation processes.

Open Innovation – Facts, Fiction and Future To make the most of open innovation, companies should integrate it into all stages of activity, from early-stage product ideation and R&D to late-stage marketing and sales. Companies will realize the greatest benefit by maximizing open innovation in all stages of business activity. This expansion of scope calls for more strategic thought on how innovation networks are built and how they function.

Innovation Metrics – The Innovation Process and How to Measure It Like everything that businesses do which involves the investment of capital and time, innovation has to be measured. But unlike most other forms of business measurement, measuring innovation presents problems for the process itself that is to be measured, according to this report from Langdon Morris at InnovationLabs.

Roadmap for Innovation Success Priming the organization for breakthrough advances requires a more formal approach and strategy than is currently used by most companies, according to this report from PRTM and Microsoft.

Capturing Ideas and creating the right culture to maximize innovation Ideas are ephemeral and are easily crushed within the wrong environment. What’s needed to drive innovation is the right corporate culture, plus a well-implemented idea management approach, according to this report from Imaginatik and Quocirca.

What is Holding us Back from being more Innovative? Despite many well publicized arguments about the critical need for organizations to innovatefew senior management teams actually understand what innovations means for them and their business on a day to day basis. This report from Project Leaders International examines the factors that are holding companies back from becoming more innovative.

An Integrated Approach to Managing Innovation This white paper from Project Leaders International seeks to illustrate a new comprehensive approach to managing innovation within business and introduces the Integrated Innovation Framework – an all encompassing approach to innovation management beyond new product development.

Innovation and the Theory of Business A theory of business is a mental framework that leaders and executives to get work done. The theory of business that is employed during these times of uncertainty and rapid change has =significant influence on every organization’s capacity for change and innovation, reminds Michael Kaufman.

Creating the Innovation Culture Suppose that an innovation culture doesn’t yet exist in your organization. How can you make it happen? How do organizations develop an innovation culture? Who should be involved in the innovation process? What roles should they play? Those and other questions are answered in this paper from InnovationLabs.

Vedic Inventive Principles This white paper by Karthikeyan Iyer of the Innovation Group outlines the Vedic Inventive Principles, a set of aphorisms that can be used for creative problem solving.

Collaboration Unleashes Team Creativity This report from Group Systems Corporation describes how an organization can innovate more effectively by enabling collaboration and leveraging the “group intelligence” and creativity of its employees.

Finding Opportunities For Innovation and Growth This article by Blair Kingsland of the Spectrum Innovation Group outlines nine ways for a company to be more innovative and find ideas and opportunities for growth.

Building the Innovation Culture This paper from InnovationLabs focuses on building an innovative culture by encouraging a distributed network to form inside the organization that takes on much of the innovation work.

Tools for Discontinuous Innovation Author Michael Ali provides an overview of discontinuous innovation, including notable successes and failures, and tools and techniques for implementing discontinuous or radical innovation.

Innovation and Transformation In this paper from InnovationLabs, the innovation lifecycle model is used visually to explore the dynamics behind innovation: when to innovate, characteristics of the parent and child organizations, and some uses of innovation in transformation.

Innovative Training in Thinking A primer on “new integrative thinking,” which leaps over the shortcomings of traditional critical thinking.

Strategic Innovation – The Business Engine Advice on how to develop an “innovation engine” that will help to propel your business into the future.

Looking for Ideas in all the WrongPlaces This new white paper from Decision Analyst shares their learnings about how to go about putting good, actionable ideas into your pipeline so your entire new product or service development process can work more efficiently.

Innovation Metrics – Measurement to Insight This white paper from the Center for Accelerating Innovation provides a good overview of common innovation metrics.

Innovation Roles: The people you need for successful innovation In order to innovate successfully, you need the right people, in the right roles, selecting the right ideas to push forward. This white paper from NetCentrics identifies the types of people you need and their characteristics.

The Care and Framing of Strategic Innovation Challenges Too often, participants in brainstorming sessions fail to clearly frame the challenge at hand. Dr. Arthur VanGundy, Ph.D. offers a practical method for strategically framing innovation challenges to solve this problem.

How to Build Innovative Teams Here are seven rules for building innovative teams, from Steven Pierce at Innovation Marketers LLC.

Structured Innovation This white paper from Pretium Consulting Services offers a potential framework for helping to manage the “fuzzy front end” of innovation.

Organizing for Innovation This white paper from InnovationPoint looks at six organizational models that support innovation, each with different goals and levels of formality and complexity.

Don’t Start with Creativity Training Want your company to be more innovative and creative? Then don’t start with creativity training, but with a project — a high-priority business issue that a passionate team can sink its teeth into and learn from.

A Mass Ideation Process When Michael S.J. Butterworth participating as a facilitator in a Singapore group brainstorming event that resulted in 450,000+ ideas, he was disappointed that there wasn’t a more effective system for filtering them and isolating the best ones for implementation. So he developed his own 4-step iLab process to solve this shortcoming.

The Need for Facilitated Thinking Environments No matter where you look, organizations from schools to the largest conglomerates face the same challenge: How can worker performance be improved? It is clear that the winners will be those organizations responsive enough to profit from change by applying innovative thinking often enough, fast enough, and well enough to create competitive advantage. How can we help workers to think more productively? According to Dennis Heindl, the answer is by providing them with Facilitated Thinking Environments.